"The I.P.O. values SpaceX at more than ninety times its 2025 revenues...Musk is even outdoing himself. In June, 2010, when Tesla first issued shares, the company was valued at roughly fifteen times its prior-year revenues."
www.newyorker.com/news/the-fin...
"The I.P.O. values SpaceX at more than ninety times its 2025 revenues...Musk is even outdoing himself. In June, 2010, when Tesla first issued shares, the company was valued at roughly fifteen times its prior-year revenues."
www.newyorker.com/news/the-fin...
This is the appropriate framing. The self-dealing part of the settlement that applies to Trump and his family stays in place.
Pro-tip: the answer to all question mark headlines, including mine, is the same.
www.newyorker.com/news/the-fin...
Elon Musk spent more than two decades creating a space company. Now he’s pitching it as an A.I. play.
www.newyorker.com
Elon Musk spent more than two decades creating a space company. Now he’s pitching it as an A.I. play.
"What’s happening at the C.F.T.C. looks like a classic case of what economists refer to as regulatory capture, where vested interests effectively seize control of a government agency, which then advances their interests."
www.newyorker.com/news/the-fin...
First it was MIT and McKinsey. Now Bain finds that returns to corporate AI investments are disappointing.
www.bloomberg.com/news/newslet...
"It just so happens that the Trump family has close ties to Polymarket and Kalshi.
One of the investors in Polymarket is the venture-capital outfit 1789 Capital, where Donald Trump, Jr., is a partner. Trump, Jr., is also a “strategic adviser” to Kalshi."
www.newyorker.com/news/the-fin...
Note to all staff: Turns out that super tasty AI candy we've been putting out in large bowls isn't free and it isn't necessarily leading to better products for our customers. From now on, all employees are limited to one a day.
