elon musk
After long waits at the Social Security Administration, its chief says things are getting better
WASHINGTON | After complaints about staffing cuts and long waits to get help at the Social Security Administration, its commissioner says he’s ready to make the case to Congress this week that things are getting a lot better at the embattled agency. Frank Bisignano is expected to face pointed questions from lawmakers at a hearing […]
AI companies are barreling toward huge Wall Street debuts. A look at the biggest players
Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations. From Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the technology’s future. The amount of money involved in building and maintaining artificial […]
Blue Origin rocket explodes on the launch pad during an engine-firing test
CAPE CANAVERAL, Fla. | A rocket belonging to Jeff Bezos’ Blue Origin exploded during a test at the launch pad Thursday night, shaking nearby homes and briefly painting the sky orange. Blue Origin said its New Glenn rocket exploded during an engine-firing test being conducted ahead of a satellite launch planned for next week. No […]
Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping
NEW YORK | The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders. The median employee at companies in the S&P 500 earned $89,744, […]
NASA lays out moon base plans with landers, buggies and drones at the top of the list
CAPE CANAVERAL, Fla. | NASA is already ordering landers, rovers and drones for a sprawling moon base, less than two months after the Artemis II’s record-breaking lunar flyaround. The space agency outlined the first phase of its moon base plans on Tuesday, awarding hundreds of millions of dollars in contracts to four U.S. companies. Jeff […]
SpaceX reveals plans for what could be the biggest-ever initial public offering
NEW YORK | Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars year. A filing shows that his SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue, and the losses kept piling up at […]
OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed
OAKLAND, Calif. | After prevailing in its court fight with Elon Musk, OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history. Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes […]
Worries about AI’s risks to humanity loom over the trial pitting Musk against OpenAI’s leaders
OAKLAND, Calif. | At the heart of the trial pitting Elon Musk against OpenAI CEO Sam Altman is a moment when they found common cause on an ever more pressing question: how to protect humanity from the risks of artificial intelligence. It turned sour, and the jury is charged with settling the ensuing legal dispute […]
Worries about AI’s risks to humanity loom over the trial pitting Musk against OpenAI’s leaders
OAKLAND, Calif. | At the heart of the trial pitting Elon Musk against OpenAI CEO Sam Altman is a moment when they found common cause on an ever more pressing question: how to protect humanity from the risks of artificial intelligence. It turned sour, and the jury is charged with settling the ensuing legal dispute […]