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How Much SpaceX Are You About to Own?
A lot of Americans are about to own a sliver of SpaceX.The company completed its initial public offering Friday in the world’s largest stock market debut — and in a few days many personal and retirement investment accounts will have a stake in it, largely...
About 20 New Billionaires Could Be Minted by 3 Mega-I.P.O.s
The back-to-back-to-back round of massive public offerings that began this week is going to make a select group of employees of three technology firms very, very rich.SpaceX, the rocket and artificial intelligence company, said on Thursday it had raised about...
SpaceX shares begin trading in biggest IPO ever — valuing company at more than $2 trillion
Shares of SpaceX opened at $150 each on their first day of trading in the company’s landmark initial public offering – making founder Elon Musk the world’s first trillionaire. Shares of the rocket company opened up 11% from their IPO price of $135, giving the...
Veteran ‘60 Minutes’ producer who worked with Anderson Cooper quits CBS amid turmoil at show
Veteran “60 Minutes” producer Michael Gavshon, who produced a piece for Anderson Cooper that came under heavy scrutiny from CBS News boss Bari Weiss, has resigned from the network, sources said. Gavshon wrote in a memo obtained by The Post that his decades-long...
Sam Bankman-Fried loses bid to overturn crypto fraud conviction, 25-year prison sentence
Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. In a unanimous decision, a three-judge panel of the Manhattan-based 2nd US Circuit Court of...
Mom sues OpenAI over daughter’s suicide — alleging ChatGPT ‘encouraged her darkest thoughts’
A Canadian mother is suing OpenAI over allegations its ChatGPT bot encouraged her 24-year-old daughter to kill herself – the latest lawsuit to accuse the company of neglecting user safety. In a lawsuit filed Thursday in state court in San Francisco, Kristie...
Instagram and Facebook hit with widespread outage
Thousands of users appeared to be affected by a widespread outage impacting Instagram, Facebook and Messenger on Friday, with reports flooding social media and outage-tracking site Downdetector. Downdetector showed a sharp spike in Instagram reports, rising...
Americans Aren’t Money Savvy, and They’re Only Getting Worse
Americans’ already poor money savvy fell even further this year, a worrisome trend, researchers said, because people with weak understanding of basic finances often make poor financial decisions.On average, adults correctly answer about half of the 28 questions...
American Express to break ground on tower next month at Two World Trade Center — major milestone for tragic site
They’ll break out the champagne downtown on July 9, when ground will be broken for the long-awaited American Express tower at Two World Trade Center. The public start of construction caps a quarter-century struggle to fully replace the Twin Towers and other...