Now Comes the Windfall
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He Spent 15 Years Amassing SpaceX Shares. Now Comes the Windfall.
Justin Fishner-Wolfson’s firm now owns more than 1 percent of SpaceX, worth roughly $20 billion at the company’s expected $1.77 trillion valuation at its listing price.
He Spent 15 Years Amassing SpaceX Shares. Now Comes the Windfall.
Justin Fishner-Wolfson’s firm now owns more than 1 percent of SpaceX, worth roughly $20 billion at the company’s expected $1.77 trillion valuation at its listing price.
LA-area stadium workers to vote on strike a week before World Cup begins
Workers say they deserve a greater share of the windfall and want protection from ICE and invasive data collectionWorkers at SoFi Stadium in Inglewood, California, are voting on whether to authorize a strike one week before World Cup soccer games are slated to begin in the Los Angeles area. Unite Here Local 11’s strike authorization vote comes as ongoing negotiations for a new contract with stadium operator Legends Global have stalled, with workers saying they deserve a greater share of the...
What's behind Palo Alto's earnings sell-off — and how to proceed
Shares of Palo Alto Networks are down over 4% Wednesday, despite the cybersecurity provider delivering strong quarterly results the prior evening. This next-day move may seem a bit odd, given the company not only exceeded expectations for the reported quarter, but also issued guidance ahead of expectations for the current three-month period. So, what is the culprit?
Millions missing out on utility bill support worth up to £900 – here’s how to claim
Millions missing out on utility bill support worth up to £900 – here’s how to claim Debt to water, energy and broadband firms has reached more than £7 billion - Bookmark - CommentsGo to comments Millions of households are missing out on support for essential bills like water, energy and broadband, the public spending watchdog has found, despite debt to firms climbing to more than £7 billion The National Audit Office (NAO) says that only a third of eligible broadband customers and 39 per cent...
5 takeaways from airline CEOs' biggest annual gathering
RIO DE JANEIRO — Hundreds of airline leaders gathered in Brazil this week at the International Air Transport Association's annual assembly to discuss high fuel costs, sharply lower profits, engine reliability issues and elusive emission reduction goals, among other things. Toward the end of the assembly in Rio de Janeiro, news broke that Iran and Israel traded strikes for the first time since a ceasefire went into effect in April. For airline executives who have faced ongoing turmoil since...
Trump says the U.S. will work with Iran to destroy its uranium if they can make a deal
President Donald Trump said the U.S. will work with Iran to retrieve and destroy its highly enriched uranium if he is able to cut a deal with Tehran to end the three-month-old war between the countries — or, in the absence of an agreement, that he will further degrade the Iranian military to the point that American forces can safely collect the material on their own. “If we make a deal that now we’re friendly, we’ll all go together. It’ll be our equipment.
The 2026 World Cup: Billions promised but will the economic boom arrive?
With the kick-off less than ten days away, the largest World Cup in history is set to inject tens of billions into the hosting economies. Yet, analysts are estimating that the relative impact will be marginal. The 2026 FIFA World Cup, which starts on 11 June across the US, Canada and Mexico, is the largest in the tournament's history, with 48 national teams competing across 16 host cities for the first time.
Elon Musk is steamrolling Wall Street to become a trillionaire
Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...
US Senate passes $70bn ICE funding bill: What comes next?
US Senate passes $70bn ICE funding bill: What comes next? Republicans pass key Trump initiative after marathon vote-a-rama, avoid barring controversial 'anti-weaponisation' fund. The United States Senate has passed a bill long sought by US President Donald Trump to provide an additional $70bn in funding to his controversial immigration enforcement drive.