16 Jun 2026
Elon Musk Just Made More Money in 6.5 Hours Than Warren Buffett Made in His Entire Life.
Yesterday handed Elon Musk one of the largest single-day wealth gains in recorded financial history. SpaceX shares ripped from $160.95 to $192.50, and Forbes’ real-time billionaires tracker put Musk’s one-day paper gain at $164.8 billion. Warren Buffett, who had his own “good day” with an estimated $2 billion gain, finished the session with a net worth of $146.4 billion. Read that again. In a…
16 Jun 2026
SpaceX IPO Day 1: Falcon 9 Flies, Musk Eyes $1T
Latest Developments SpaceX marked a historic double milestone on June 15, 2026, executing its first Falcon 9 launch as a publicly traded company just hours after its Nasdaq debut, with booster B1093 lifting off from Vandenberg Space Force Base at 8:34 a.m. PDT and deploying 24 Starlink V2 Mini satellites — including the 1,500th Starlink launched so far this year. The stock surged 19% on its first…
16 Jun 2026
Microsoft is resorting to its biggest cloud rival to deal with GitHub AI capacity issues
Microsoft is turning to its biggest cloud rival, Amazon, to help address capacity issues on its GitHub coding platform following a series of AI-driven outages, according to two people familiar with the plans.
15 Jun 2026
Elon Musk’s Trillion-Dollar Week Turned Out to Be Something Much Darker
The Industry His fortunes reached new heights while his online behavior reached new lows. By Nitish Pahwa
15 Jun 2026
A Market Verging on the Absurd
Real progress seems to have arrived in ending the conflict with Iran and reopening the critical Strait of Hormuz.
15 Jun 2026
SpaceX soars with its first launch as a public company, marking a new era
SpaceX and Tesla, the two flagship companies under Elon Musk’s leadership, share a commitment to groundbreaking technology yet pursue dramatically different paths in how they connect with customers.
15 Jun 2026
Endurance Energy completes $54 million funding round to develop subsea geothermal technology
US-based Endurance Energy has raised $54 million in Series A funding to advance the development of their technologies for subsea geothermal systems.
15 Jun 2026
SpaceX Stock Soared 19% on Its Market Debut. Here's Why I'm Not Buying It.
SpaceX ( SPCX +8.28% ) went public on Friday, June 12, and ended the day with a 19% gain. The company had a market capitalization of $2.1 trillion at the close of trading, making it the world's seventh-most-valuable company. While SpaceX is best known for developing the world's first reusable rockets, management believes space-related solutions actually represent its smallest financial…
15 Jun 2026
Monday Morning Commentary: Why Inequality Still Matters
In a recent essay titled “The Trouble with Inequality Politics,” writers Jerusalem Demsas and Milan Singh argue that Americans are focusing on the wrong problem when they obsess over Elon Musk becoming the world’s first trillionaire.
