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The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich
Business

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary controlShare your ...

CitrixNews Staff · 9 days ago
How Much SpaceX Are You About to Own?
Business

How Much SpaceX Are You About to Own?

If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calcula...

CitrixNews Staff · 9 days ago
About 20 New Billionaires Could Be Minted by 3 Mega-I.P.O.s
Business

About 20 New Billionaires Could Be Minted by 3 Mega-I.P.O.s

Anthropic and OpenAI could join SpaceX with their own initial public offerings, setting many employees up to become mill...

CitrixNews Staff · 9 days ago
Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq
Business

Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq

With SpaceX opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Comb...

CitrixNews Staff · 9 days ago
Blake Lively Awarded Legal Fees in Ruling After Justin Baldoni Settlement
Business

Blake Lively Awarded Legal Fees in Ruling After Justin Baldoni Settlement

The size of the award remains to be determined as it only involves the legal fees associated with part of her court batt...

CitrixNews Staff · 9 days ago
Elon Musk Becomes World’s First Trillionaire as SpaceX Stock Begins Trading
Business

Elon Musk Becomes World’s First Trillionaire as SpaceX Stock Begins Trading

With SpaceX shares soaring on their first day of trading, the world’s richest person crossed another milestone — one wit...

CitrixNews Staff · 9 days ago
SpaceX Stock Rises 11% in Largest IPO Ever
Business

SpaceX Stock Rises 11% in Largest IPO Ever

The stock market debut of Elon Musk’s rocket company paves the way for a wave of mega offerings that are coming from Ope...

CitrixNews Staff · 9 days ago
Is Fifa allowed to make AI athletes? – video
Business

Is Fifa allowed to make AI athletes? – video

Is Fifa allowed to make AI athletes? – videoIs Fifa allowed to make AI athletes? – videoDoes qualifying for the World Cu...

CitrixNews Staff · 9 days ago
It's SpaceX's first day on the stock market
Business

It's SpaceX's first day on the stock market

Business It's SpaceX's first day on the stock market June 12, 202610:01 AM ET John Ruwitch SpaceX's Starship...

CitrixNews Staff · 9 days ago
Labour’s woes are like a slow-motion car crash – and Keir Starmer isn’t even in the driving seat | Marina Hyde
Business

Labour’s woes are like a slow-motion car crash – and Keir Starmer isn’t even in the driving seat | Marina Hyde

More resignations, more possible leadership challenges and dubious ‘sources’ – the PM has lost control of his own politi...

CitrixNews Staff · 9 days ago
Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case
Business

Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case

FTX founder Sam Bankman-Fried leaves federal court on 26 July 2023, in New York. Photograph: Mary Altaffer/APView image...

CitrixNews Staff · 9 days ago
The World Cup Could Be the Biggest Sports Gambling Event Ever
Business

The World Cup Could Be the Biggest Sports Gambling Event Ever

At a time of sluggish growth, betting sites like FanDuel and DraftKings are counting on the global soccer tournament to ...

CitrixNews Staff · 9 days ago
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