Billionaire

The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.

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

Consumers have expressed growing concerns about the shutdown’s potential impact on the economy in recent weeks.

Former journalist and wife of Facebook cofounder Dustin Moskovitz, Cari Tuna steered millions into AI safety research ahead of ChatGPT’s launch. Here’s what’s next.

Tesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders.

A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.