The record-setting SpaceX IPO made Elon Musk a trillionaire. It also paid off for Daniella Rodriguez and millions of other retail investors who had stock.
Category Archives: business
DOJ approves Paramount Skydance’s acquisition of Warner Bros. Discovery
The Justice Department has signed off on Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery, a person familiar with the matter told NBC News.
SpaceX stock soars in its first hours of trading, making Elon Musk a trillionaire
SpaceX, the largest IPO to ever hit the public market, began trading and soared 30%, making Elon Musk the world’s first trillionaire.
1,000,000,000,000 (that’s 1 trillion), in graphics
Elon Musk became the world’s first trillionaire after SpaceX went public Friday. Here’s how to visualize that level of wealth in charts and graphics.
SpaceX sets IPO price at $135
Elon Musk’s SpaceX will begin trading with a price set at $135 per share, giving the company a valuation of $1.77 trillion and making it the largest-ever stock debut. NBC News’ Allie Canal explains.
SpaceX locks in IPO price of $135, making it largest stock debut ever
The company controlled by Elon Musk will begin trading Friday at a valuation of $1.77 trillion.
E.U. reviewing Paramount-Warner merger over Middle Eastern wealth funds’ backing
European Union regulators are studying Paramount Skydance’s prospective takeover of Warner Bros. Discovery
The inflation surge is hitting businesses, too
Wholesale inflation surged to its highest level since late 2022, as fuel prices pushed higher by the war with Iran ripple across the economy.
Recent Graduates Say AI is Taking Away Key Entry-Level Jobs
The newest crop of graduates is facing a tough job market and many of them are placing the blame on artificial intelligence, saying the technology is taking away those key entry-level positions. But experts say AI can’t be blamed for all the job losses in the United States. NBC’s Kate Snow reports for TODAY.
Trump Says ‘I Love the Inflation’ as Consumer Price Index Rises
After newly-released federal data showed inflation spiking to its highest level in three years, driven in large part by the soaring gas and oil prices related to the United States’ war with Iran, President Donald Trump reacted saying, “I love the inflation.” He later said that what he meant to say is that “despite the fact that we’re in a war, the numbers are much lower than anticipated.” NBC’s Garrett Haake reports for TODAY.