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SpaceX is structured in a way that appears to benefit Musk at the expense of other shareholders.20:37 Elon Musk’s Big Bet for SpaceX20:05 Elon Musk is taking SpaceX public and keeping almost all the power. Ryan Mac, a technology reporter for The Times, breaks down why the company’s record I.P.O. is both a big bet on Musk’s vision and a risk for investors. How Much SpaceX Are You About to Own?20:05 If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calculation. About 20 New Billionaires Could Be Minted by 3 Mega-I.P.O.s19:33 Anthropic and OpenAI could join SpaceX with their own initial public offerings, setting many employees up to become millionaires or billionaires. Blake Lively Awarded Legal Fees in Ruling After Justin Baldoni Settlement19:02 The size of the award remains to be determined as it only involves the legal fees associated with part of her court battle with Mr. Baldoni, with whom she made a film. Elon Musk Becomes the World’s First Trillionaire18:30 With SpaceX shares soaring on their first day of trading, the world’s richest person crossed another milestone — one with 13 digits. SpaceX Stock Rises 11% in Largest I.P.O. Ever18:30 The stock market debut of Elon Musk’s rocket company paves the way for a wave of mega offerings that are coming from OpenAI and Anthropic. Is SpaceX worth $1.77 trillion? It’s a pie in the sky, some investors say.17:26 SpaceX set an initial public offering price of $135 a share, valuing it at $1.77 trillion. Some investors are skeptical that the valuation is justified. The World Cup Could Be the Biggest Sports Gambling Event Ever15:50 At a time of sluggish growth, betting sites like FanDuel and DraftKings are counting on the global soccer tournament to boost online sports gambling. Americans Aren’t Money Savvy, and They’re Only Getting Worse15:17 Researchers say people with poor understanding of basic finances often make bad decisions on money matters. Here’s the latest.15:17 |
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