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Can SpaceX live up to Wall Street’s multitrillion-dollar hype?

As SpaceX prepares for the biggest public debut in history, some analysts warn that the company’s “moonshot” projections could fall short.

When good money goes bad: the question SpaceX and OpenAI investors aren’t asking

As OpenAI and Anthropic race to go public at $1 trillion valuations, a foundational business theory warns that money impatient for growth is dangerous.

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.

SpaceX needs to grow 60x in a decade to justify a $1.75 trillion valuation. No company has ever come close

SpaceX's valuation will set the bar for what the must achieve going forward to reward investors.

$1.3 trillion erased from Wall Street: Here's what slowed down AI rally

Tech stocks, particularly semiconductors, experienced a significant downturn Friday, driven by investor caution over AI valuations and robust US jobs data. The PHLX Semiconductor Index saw its steepest drop since March 2020, erasing billions in market value. This retreat follows a period of record highs, with strong employment figures fueling concerns about interest rate cuts.

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff

A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.

For the first time ever, an S&P 500 ETF has over $1 trillion in assets. Here’s why that should worry you.

Welcome to the age of trillions.

Chip selloff erases over $1 trillion in stock market value

GOP squeezes Hegseth, but backs Pentagon rebranding: 4 NDAA takeaways

The House Armed Services Committee early Friday advanced a historically large defense policy bill that would authorize some $1.15 trillion for the Pentagon, giving service members a pay bump and supporting U.S. allies and acquisition reforms. The legislation also included measures that require more accountability from Defense Secretary Pete Hegseth, amid some bipartisan frustration over...

The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed

Trump's tax-and-immigration megabill is forcing Treasury to flood bond markets with new debt, pushing 10-year yields higher. Not good for your mortgage.

12 Democrats vote against defense bill in rare committee split

Twelve Democrats voted against the House Armed Services Committee’s (HASC) nearly $1.15 trillion version of the annual Defense policy bill late Thursday, a rare break in the typically bipartisan panel. Ranking member Rep. Adam Smith (D-Wash.), called the committee’s National Defense Authorization Act (NDAA) a “good solid bill” that supports troop pay raises, allies and...

Unicorn in the USA: Indians aren't stealing American jobs, they're building entire HR depts

Immigrants are driving America's innovation, founding 59% of billion-dollar startups, known as unicorns. People of Indian origin lead this trend, establishing 96 such companies. These ventures employ thousands and contribute trillions to the U.S. economy, challenging narratives of immigrants harming the job market. International students also play a crucial role in this entrepreneurial surge.

House committee passes War Department renaming in NDAA overnight

Republicans on the House Armed Services Committee voted along party lines late Thursday to advance President Donald Trump’s effort to rename the Department of Defense as the Department of War, approving the change as part of the $1.15 trillion fiscal 2027 National Defense Authorization Act. The committee adopted an amendment from Rep. Ronny Jackson (R-TX), […]

Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports

Japan parliament enacts 3 tril. yen extra budget to ease energy cost impact

TOKYO (Kyodo) -- The Japanese parliament on Friday enacted a 3.11 trillion yen ($19 billion) supplementary budget for this fiscal year to ease the imp

China tightens private investment fund oversight to channel capital into tech, emerging sectors

BEIJING, June 5 — China today tightened oversight of the country’s ‌23 trillion yuan (RM13.7 trillion)...

Report: Cities experience soaring port economy output last year

Chinese seaport cities saw the added value of their port economy hit 7 trillion yuan ($1.03 trillion) in 2025, according to a report released by an institute under the Ministry of Transport.

What SpaceX is really worth, according to the professor called the dean of valuation

Aswath Damodaran, the New York University finance professor with the nickname the “dean of valuation,” had estimated, before getting a look at the prospectus, that SpaceX was worth $1.2 trillion. What he says now.

Indonesia’s budget shows resilience on revenue rebound

Indonesia’s State Budget (APBN) recorded a deficit of Rp180.4 trillion (US$10.02 billion), or 0.70 percent of GDP ...

Indonesian govt says forest task force secures US$20 billion assets

Indonesia's Presidential Staff Office said the Forest Area Control Task Force has secured Rp371.1 trillion, ...