The National Academies of Sciences, Engineering and Medicine, or NASEM, is an independent, 162-year-old nongovernmental agency tasked with investigating and reporting on a wide range of subjects. In recent years, diversity, equity and inclusion — collectively known as D.E.I. — have been central to its agenda. But the Academies’ priorities changed abruptly on Jan. 31….
CAPE CANAVERAL, Fla. (AP) — SpaceX suspects a fire may have caused its Starship to break apart during liftoff and send trails of flaming debris near the Caribbean. SpaceX’s Elon Musk said preliminary indications are that leaking fuel built up pressure in the cavity above the engine firewall. The resulting fire would have doomed the…
SpaceX and its investors have agreed to purchase as much as $1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket and satellite maker at about $350 billion, according to an internal email seen by Bloomberg. The per-share price of $185 is up substantially from the $112 set in a prior valuation less…
Jeff Bezos has shot down Elon Musk’s claim that the Amazon.com Inc. founder told “everyone” Donald Trump would lose the US election and they should sell off their SpaceX and Tesla Inc. stock. “Nope. 100% not true,” Bezos said in a rare post Thursday on X, the social media platform Musk owns. Musk then appeared…
In picking billionaire Elon Musk to be “our cost cutter” for the U.S. government, President-elect Donald Trump won’t be the first American president to empower a business tycoon to look for ways to dramatically cut federal regulations. President Ronald Reagan tapped J. Peter Grace to lead a bureaucratic cost-cutting commission in 1982. Still, the chemical…
Good morning. The S&P 500 rose to new heights just as corporate earnings season kicks into high gear. Tesla’s Optimus robots were actually operated by humans. And a pair of pandas are heading to Washington from China. Listen to the day’s top stories. Stocks jumped to a fresh peak, with the S&P 500 notching its…