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Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units, or GPUs, used to power artificial intelligence systems. In a post on X on Sunday, Musk said SpaceX had closed the financing, adding that the company was investment grade and generated revenue from its Starlink satellite internet and rocket…
A Ukrainian official disputed SpaceX CEO Elon Musk’s claim that Ukraine’s military violated Starlink’s terms of service, prompting the company to restrict Ukraine’s access to the high-speed satellite technology. Serhii Beskrestnov, a defense technology advisor to Ukrainian President Volodymyr Zelenskyy, wrote an online post on Sunday contesting Musk’s reason for temporarily throttling Ukraine’s access to…
Around 800,000 people demonstrated across France, including 250,000 in Paris, according to the CGT. The march in Paris began at 2 pm from the Porte d’Italie and headed for the Porte de Vincennes after the route was changed by the Police Headquarters at the last minute. October 24, 2026. (Photo by Telmo Pinto/NurPhoto via Getty…
Alaska Senate Candidates: Sen. Dan Sullivan (R-AK) (L), and Rep. Mary Peltola (D-AK). Getty Images Democratic groups and voting-rights advocates are seeking to join a federal lawsuit to stop the Justice Department’s effort to prevent Alaska from certifying its U.S. Senate election results if Republican Sen. Dan Sullivan loses. The requests come from Alaskans for…
The U.S. embassy HQ in Riyadh is pictured on March 3, 2026. AFP via Getty Images U.S. embassy officials were on heightened alert around the Middle East as new reports said Iran is in the “advanced stages” of planning attacks against Americans Friday. A memo from Director of National Intelligence Jay Clayton said agencies received…
CoreWeave founder and CEO Mike Intrator poses for a photo during the company’s initial public offering at the Nasdaq headquarters in New York, March 28, 2025. Michael M. Santiago | Getty Images Neoclouds tanked. Credit default swaps soared. Meta turned cash flow negative. And SK Hynix’s Solidigm unit canceled plans for its initial public offering….
The White House on Friday said it would drop tariffs on some Canadian goods, but replace them with other products from the major U.S. trade partner. The move was revealed after Sen. Susan Collins, R-Maine, took credit for pushing the Trump administration to issue tariff exemptions on several categories of Canadian imports she says are…
The next generation of family office leaders is likely to use more debt, invest in more alternatives and focus on different philanthropies, according to new studies. As family offices prepare for a sweeping generational transfer, with baby boomers and older generations handing over the reins to Gen Xers and millennials, their investments and priorities are…
Shares of South Korean chipmaker SK Hynix rebounded on Friday after falling as much as 3% earlier in the session, following the company’s decision to halt a review of a potential U.S. initial public offering for its subsidiary Solidigm. The stock reversed earlier losses to trade 3.2% higher. “Solidigm will halt its review of potential…
President Donald Trump on Thursday defended a controversial campaign ad by Vivek Ramaswamy featuring the estranged mother of Amy Acton, his Democratic opponent in the Ohio gubernatorial race. Trump’s defense of the ad came after widespread bipartisan backlash to it because, among other things, Acton’s stepfather had been charged with sexual abuse of her when…