Musk’s net worth hits $1.4 trillion—SpaceX passes Amazon as fifth-largest company
Shares of Elon Musk’s rocket maker have soared by more than 30% since their trading debut.
Business
Carbon capture startup eyes $50m capital raise as it opens Newcastle plant for business
MCi Carbon’s technology captures carbon and used it to create building materials, a double whammy in C02 reduction. After the grand opening of its first carbon refinery on Wednesday, it’s hoping to cap its next capital raise by the end of the year.
‘The future’: What sparked Gina Rinehart’s billion-dollar SpaceX investment
Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.
Live: RBA Rate Decision Tracker (June, 2026)
From aggressive hikes to the first cuts of the cycle, the Reserve Bank’s policy moves have reshaped mortgages, business borrowing and the economy. Below, we break down every rate decision since 2023.
I’ve interviewed more than 100 entrepreneurs. Here’s the biggest myth about success
Most successful businesses don’t begin with a master plan, argues Bernadette Schwerdt, who has interviewed more than 100 entrepreneurs.
Facebook Launches Search Engine AI Tool That Could Make Meta $10 Billion A Year, Analyst Says
The new feature positions Meta as a more direct competitor of Google’s search engine.
He hacked Teslas for Elon Musk. Now he’s launching a $100 million AI cyber agent
Startup Pi counts xAI as one of its first customers, as its AI agent looks to fix security vulnerabilities for the world’s premier labs.
Australian billionaires’ Sigma Healthcare in talks to buy U.K.’s Boots in deal valued at $10 billion
Sigma Healthcare—which counts Australian billionaire brothers Jack and Sam Gance and their business partner Mario Verrochi as its biggest shareholders—has been seeking to expand in the U.K.
Investor demand for SpaceX IPO tops $250 billion, reports
The $75 billion SpaceX seeks to raise in its historic IPO would value the company at roughly $1.77 trillion.
Does AI make us more productive at work? Yes, but there’s a catch.
Opinion: Introducing AI in your workplace will not magically lift productivity, argues Lucio Ribeiro. For that to happen, we need to make some changes to how we work.