SpaceX’s IPO Will Turn 4,400 Employees Into Millionaires
While Elon Musk may soon become a trillionaire, his rocket company’s market debut is set to the change the lives of its current and former employees, too.
While Elon Musk may soon become a trillionaire, his rocket company’s market debut is set to the change the lives of its current and former employees, too.
Antonio Gracias, an investor who has built a $65 billion stake in the company, exemplifies the economic upside of being Mr. Musk’s ally.Antonio Gracias, left, and Elon Musk at a political event in Green Bay, Wis., last spring. Mr. Gracias and his private equity firm control a $65 billion stake in Sp
In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.The amount of cash needed for A.I. development is thought to be so enormous that already cash-rich companies are lookin
As the company prepares for its stock market debut, here’s what the initial public offering means for banks, Elon Musk and everyday investors.Shares of SpaceX are expected to start trading on Friday.
As the Iran war drags on, Oman — a U.S. ally and mediator with Iran — has found itself at odds with the Trump administration and some of its own neighbors.Fishing in Muscat, Oman, in February, before the war between the United States, Israel and Iran started.
The president’s top advisers gathered in a series of Situation Room meetings as they struggled to contain a scandal engulfing Donald Trump himself.
Senior officials clashed in a series of meetings as they struggled to manage a crisis over the president’s refusal to release the documents.Protesters at the White House last July.
Here is what we know about the sexual predator whose secrets spurred an international reckoning over money, power and complicity. Check back for updates.
Several blocks around Madison Square Garden will be closed to most people Wednesday afternoon, but a watch party will be allowed. The Garden is not happy about the extra restrictions.The Knicks continue to face the San Antonio Spurs in the N.B.A. finals. Fan celebrations outside Madison Square Garde
In bodegas and parks, in bars and pizzerias, the unofficial watch party has taken over New York.
As New York basks in the attention of a long-awaited N.B.A. finals run, many San Antonians say the Spurs, and the city they represent, are being underestimated.Spurs fans at an outdoor watch party at The Pearl for Game 3 of the NBA Finals in San Antonio.
Midrange attacks, using upgraded drones that Ukraine produces in huge numbers, are causing fuel shortages and complicating troop rotations.Soldiers preparing to launch drones at targets in Russia from an undisclosed location in Ukraine last month.
The New York Times reporter Kim Barker visited a church in Lviv, Ukraine, that holds military funerals at the same time each day.
The death of the officer appeared to add to a string of targeted assassinations of high-profile opponents of Ukraine inside Russia.Wreckage after an explosion in the city of Balashikha, east of Moscow, on Tuesday.
What happened when livestreaming vigilantes ambushed an innocent man.
As artificial intelligence spreads, millions of middle-class jobs in human resources, billing and payroll could be at risk. Most are held by women.
President Trump has said that construction is complete. Now comes the real test. Will the longstanding problems finally be solved?
The president’s comments come at a crucial moment in talks between the three countries over the renewal of their free-trade agreement.Prime Minister Mark Carney with President Trump at the Group of 7 summit last year in Kananaskis, Canada.
The trip comes as the Trump administration pushes for political and economic changes on the island.The Pentagon said the purpose of Defense Secretary Pete Hegseth’s visit to the base at Guantánamo Bay, Cuba, was “to engage with troops.”
Winners in the Republican and Democratic primary races for governor and in a Democratic congressional primary have not yet been determined.Voting in Belfast, Maine, on Tuesday. Arielle Greenberg, left, wore a hand-sewn skirt that she said she made from an American flag.
Graham Platner’s primary victory sets up a high-stakes contest between an insurgent progressive with political baggage and a battle-tested but vulnerable Republican senator.Graham Platner will face Senator Susan Collins, a moderate Republican, in a general election in Maine that is seen as central t
Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren’t keeping up.
As inflation outpaces workers’ wages, the Trump administration insists that its agenda is working.Speaking at a bill signing on Wednesday, President Trump predicted that inflation would recede quickly, once the Iran conflict concludes.“ It’s going to come down like a rock.”
Cars and a bus were set on fire and families were driven from their homes after a stabbing caused tensions to spill onto the streets.Strife erupted in Belfast, Northern Ireland, on Tuesday amid anger over a stabbing attributed to a Sudanese man.