economy

Anthropic Disables Access to Fable 5 and Mythos 5 AI Models to Comply with U.S. Government Directive

06/12/2026, 06:35 PM economy announcement ai

Anthropic's decision to disable access to its advanced AI models, Fable 5 and Mythos 5, due to a U.S. government export control directive highlights ongoing tensions between tech companies and national security regulations, potentially impacting its market position and customer relationships.

OpenAI Engages with State Attorneys General Amid Investigations and Legal Challenges

06/12/2026, 05:35 PM economy announcement ai

OpenAI's commitment to engage with state attorneys general comes amid investigations into its practices and mounting legal challenges, which could impact its upcoming IPO and overall reputation.

Jim Cramer Encourages Long-Term Investment in SpaceX Following Strong IPO Performance

06/12/2026, 04:35 PM economy growth finance SpaceX Goldman Sachs Morgan Stanley

Investors still have a chance to buy SpaceX stock following its successful Nasdaq debut, but they should approach it as a long-term investment rather than a quick profit opportunity.

Jim Cramer Highlights SpaceX’s IPO Potential to Influence AI Equity Offerings and Market Sentiment

06/12/2026, 03:35 PM economy forecast ai software Meta Platforms SpaceX Amazon Microsoft

SpaceX's successful IPO, debuting at $161 per share and valuing the company at approximately $2.1 trillion, could stimulate a wave of new equity offerings, particularly in the AI sector, according to Jim Cramer. This event may create a more favorable environment for stocks and influence investor sentiment in the coming week.

Rep. Lisa McClain’s Family Investment Set to Gain from SpaceX’s IPO Following xAI Acquisition

06/12/2026, 12:35 PM economy growth SpaceX

Rep. Lisa McClain's family investment in Elon Musk's xAI, which was folded into SpaceX, could yield significant financial gains following SpaceX's IPO, raising questions about potential conflicts of interest among lawmakers.

SpaceX COO Gwynne Shotwell Suggests Potential Tesla Merger Could Simplify Elon Musk’s Operations

06/12/2026, 10:37 AM economy announcement SpaceX

Gwynne Shotwell, COO of SpaceX, hinted at a potential future merger with Tesla, emphasizing the alignment of both companies under Elon Musk's leadership, who recently became the world's first trillionaire. This speculation comes as SpaceX prepares for a significant IPO, marking its market cap at over $2 trillion.

Elon Musk Becomes World’s First Trillionaire as SpaceX (SPACE) Begins Trading on Nasdaq

06/12/2026, 09:26 AM economy announcement SpaceX

Elon Musk has become the world's first trillionaire following the IPO of SpaceX, which significantly increased his net worth and sparked discussions on wealth inequality among tech leaders.

Jim Cramer Identifies Intel (INTC) as His Top Stock with 63% Upside Potential

06/12/2026, 09:26 AM economy rating_growth Analysts semiconductors SpaceX Intel

Investors are closely monitoring the mixed stock market as they anticipate a potential peace deal between the U.S. and Iran and prepare for the SpaceX IPO, which is expected to open significantly higher than its offering price. Jim Cramer highlights Intel as a top investment opportunity, projecting a 63% upside based on recent analyst upgrades.

SpaceX Shares Surge 21% on Nasdaq Debut, Valuing Elon Musk’s Company at Over $2 Trillion

06/12/2026, 09:26 AM economy stock_growth aero_defense SpaceX

SpaceX's shares surged on their Nasdaq debut, elevating the company's valuation to over $2 trillion, marking a significant milestone for Elon Musk and the space industry. This event could signal a shift in investor focus towards upcoming IPOs in the sector.

New SpaceX Millionaires Transform Wealth Management Industry with Collective Negotiation

06/12/2026, 08:35 AM economy growth finance SpaceX

The recent influx of wealth among SpaceX employees is reshaping the wealth management landscape, as over 100 employees with substantial assets negotiate better terms with advisors ahead of a significant IPO.