Musk’s Net Worth Down More Than $50 Billion Ahead Of SpaceX IPO - Forbes
ToplineA monthlong decline in Tesla shares has cut more than $50 billion from CEO Elon Musk’s fortune, but the world’s richest person is still expected to become a trillionaire this week amid record-setting demand for SpaceX’s stock debut. A stock debut for Musk’s aerospace firm should make him the first trillionaire, even as Tesla’s latest slide cut into his fortune.dpa/picture alliance via Getty ImagesKey FactsTesla’s shares, which hit a recent peak of $453.40 on May 13, have dropped by nearly 16% as of Wednesday’s closing price of $381.59, which marked the seventh decline for the stock over the previous nine sessions.
AI is helping software engineers do more — and faster. Companies are still waiting for the payoff. - Business Insider
Companies have been offered what looks like a golden ticket: Pour money into AI, and your firm will bubble over with productivity. Costs will go down; workers will produce more.
New York's busiest train station to get $8 billion remodel with columns, sunlight and Trump's name - AP News
1 of 4 | This artistic rendering provided by Heller Inc. shows a dramatically redesigned Pennsylvania Station in New York City.
FCC lifts looming deadline for Amazon Leo satellite broadband constellation - Ars Technica
Extra time FCC lifts looming deadline for Amazon Leo satellite broadband constellation The waiver “serves the public interest by promoting a second large satellite broadband constellation.” 55 Artist's illustration of a batch of Amazon Leo satellites riding a rocket into orbit. Credit: Amazon Artist's illustration of a batch of Amazon Leo satellites riding a rocket into orbit.