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Musk signals reports of SpaceX planning an IPO next year are ‘accurate’

The billionaire’s X post about SpaceX going public comes a few days after reports of the rocket company’s recent private market offerings and 2026 IPO plans.

  • By Siladitya Ray
  • Forbes Staff

Larry Ellison—losing $31 billion—stumbles to no. 3 richest as Oracle shares plummet

The cloud services giant reported quarterly revenue that fell short of Wall Street’s expectations.

  • By Ty Roush
  • Forbes Staff

Larry Ellison jumps to No. 2 richest—passing Larry Page as Alphabet rally stalls

Oracle chairman Larry Ellison became the world’s second-richest person Thursday, reclaiming the rank from Google cofounder Larry Page as a weekslong rally for Google parent firm Alphabet’s stock cooled. Key Takeaways Forbes Valuation Ellison’s estimated net worth grew to $264.8 billion, following a $5.2 billion increase Thursday. He ranks ahead of Page, whose fortune is […]

  • By Ty Roush
  • Forbes Staff

Hermès heir reportedly sues Bernard Arnault and LVMH

Nicolas Puech is alleging his former wealth manager sold his shares in Hermès without his knowledge.

  • By Zachary Folk

Asides

Elon Musk is still the world's richest person.

The Top 10 Richest People in The World (December 2025)

There’s a new No. 2 on Forbes’ ranking of the world’s wealthiest people.

  • By Forbes Staff
Cursor cofounders Aman Sanger, Arvid Lunnemark, Sualeh Asif and Michael Truell (left to right) met at MIT and decided to build Cursor, an AI coding tool that's now valued at $29.3 billion. The cofounders are newly minted billionaires thanks to its latest fundraise, according to Forbes estimates.

Four cofounders of popular AI coding tool Cursor are now billionaires

The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.

  • By Rashi Shrivastava
How Trump’s Crypto Donors Benefited From Washington Decisions

Trump’s crypto cronies: They sent the president money—and got off easy

It took more than fame for Trump and his sons to build a crypto empire. They also got a lot of help from industry insiders, many of whom happened to need a hand from the president.

  • By Dan Alexander
  • Forbes Staff

Larry Page becomes No. 2 richest—bumping Larry Ellison—as Alphabet shares rally

The Google parent’s stock has accelerated over the last week and is now valued more than Microsoft.

  • By Ty Roush
  • Forbes Staff
Prior to the attack, Iran had threatened to retaliate against the U.S. if it became involved in its conflict with Israel.

Trump’s net worth drops $1.1 billion

The president had a record net worth of $7.3 billion in September.

  • By Sara Dorn
  • Forbes Staff

Napster said it raised $3 billion from a mystery investor. Now the ‘investor’ and ‘money’ are gone

Forbes raised questions about a massive funding round metaverse-turned-AI firm Napster supposedly raised in January. The money is never coming, the company said Thursday.

  • By Phoebe Liu
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