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SpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’ | Fortune
Jason Ma -
The biggest IPO ever is just a few weeks away as reports say SpaceX has accelerated its timeline for coming public, and investors are cheering the company’s lofty ambitions.Elon Musk’s rocket and satellite giant, which recently merged with his...
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DOJ accuses Yale of discriminating against Asian, white students with ‘race-based admissions program’ | Fortune
The Justice Department on Thursday accused Yale University of illegally considering race in admissions to its medical school — the second institution to face discrimination allegations by the federal agency this month.In a letter to a lawyer for Yale, Harmeet Dhillon,...
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Top Chef’s Tom Colicchio got a 15x return on a tech company most Americans have never heard of. He thinks his own industry is...
About a decade ago, Tom Colicchio started writing checks. Not large ones at first, and not on his own thesis—he is the first to say he doesn’t have the wherewithal to evaluate a company. His method was to find...
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Meet the 20-year-old CEO who launched a company in high school to solve Gen Z’s entry-level job crisis | Fortune
For most teenagers, earning a driver’s license at 16 is a milestone of independence. It grants them the liberty to drive to a friend’s house on their own time, to see a movie, and to skip the bus to...
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How Trump’s ‘unusual’ brokerage account traded around his own market-moving decisions—selling hyperscalers and buying energy stocks during the war | Fortune
On Feb. 10, an AI founder named Matt Shumer published a 5,000-word essay arguing that most of the world was sleepwalking into a crisis akin to coronavirus, but only tech people knew what was coming. The essay would be...
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Berkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel’s first quarter as CEO | Fortune
Berkshire Hathaway more than tripled the size of its investment in Google’s parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg Abel settled into the CEO job after taking over from Warren Buffett at the start of the...
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SpaceX said to plan public IPO filing as soon as Wednesday | Fortune
SpaceX is seeking to file publicly for its long-awaited IPO as soon as Wednesday, according to people familiar with the matter.Elon Musk’s rocket, satellite and artificial intelligence company aims to kick off formal marketing as soon as June 4,...
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America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why |...
The American worker is on a productivity tear and it may have more to do with a surge in working from home than the effects of AI, according to a Stanford economist. For the past five years, the output for...
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Would a $1 rideshare fee affect wealthier or working-class Philadelphians more? 2 Chicago studies offer some perspective
Parth Vaishnav, Assistant Professor of Sustainable Systems Climate + Energy, University of Michigan -
Philadelphia Mayor Cherelle Parker has proposed a US$1 fee on all Uber, Lyft and other rideshare trips in the city to begin in 2027. The projected $48 million annual revenue would go entirely to support...