I hot take is one of the many reasons that the general public doesn't love AI is they're not benefiting from any of the economic boon it's given right like who are the people who love AI the venture capitalist people getting paid really high salaries the average American is fully locked out of that wealth creation and then I think the companies are realizing that they're like okay fine if I can give the average American some piece of that wealth creation they'll start feeling more favorably towards it what' ...

This is Bloomberg Businessweek daily reporting from the magazine that helps global leaders stay ahead with insight on the people, companies, and trends shaping today's complex economy, plus global business, finance and tech news as it happens. Bloomberg Businessweek daily with Carol Massar and Tim Stent event live on Bloomberg Radio, Television and Bloomberg Originals. And a very good afternoon, everybody across Bloomberg platforms, Carol Massar along with Emily Griffith or she is again, of course, in for T ...

SpaceX just pulled off the largest IPO in history, and the pitch to investors was not really about rockets. It was about artificial intelligence. The company that made its name landing rockets now tells investors that more than 90% of its future market is AI, not space.So, is this a rocket company moving on from rockets. Well, not quite. Earlier this year, SpaceX acquired Elon Musk's AI company xAI, folding in the Grok models and two of the most powerful data centers on Earth, already establishing multi- bi ...

Elon Musk’s Net Worth Drops $50 Billion In Latest SpaceX Selloffhttps://t.co/JUepkQhNoS https://t.co/Qpp56wc8Pn ...

>> "BLOOMBERG TECH" IS LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." COMING UP, SAMSUNG'S PROFIT SURGES ON MEMORY DEMAND, BUT NOT ENOUGH FOR INVESTORS AFTER A 150% RALLY THIS YEAR. AMAZON IS BACK IN THE BOND MARKET, LOOKING TO RAISE AT LEAST $25 BILLION TO FUND SPENDING ON AI INFRASTRUCTURE.SPACEX JOINS THE NASDAQ 100 INDEX AS THE SELL SIDE PART OF ELON MUSK'S COMPANY IS GO FOR LUNCH. A STORY OF SEMICONDUCTORS, AND IT IS UGLY OUT THERE. IT RELATES TO S ...

Joel Shulman is the founder, managing director, and CIO of ER shares. The firm's x o v r ETF had approximately $246,000,000 in SpaceX exposure ahead of the IPO. Now things have changed since.Yeah. We're we're up to, about 370,000,000. They actually SpaceX gave us about a $130,000,000 of profit coincide with your numbers.84,000,000 of that was in June alone, which gave us a 5.3% return, contributed about 75% of our performance for that month when the market was generally down down as much as 2.7% for the Can ...

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Samsung posts record profits, but chip stocks slide as investors demand even more from the AI trade. SpaceX heads for the Nasdaq 100, while some look for ways to avoid the name. Rising Strait of Hormuz tensions add fresh risk as President Trump arrives at NATO. Plus, BlackRock’s Jean Boivin on AI’s biggest winners, Amazon’s AI spending debate, and the $14.5 billion chip chemicals deal reshaping M&A. Chapters: 00:00:00 - Op ...

DATA: Tokenized equities hit a record $3.86B in trading volume in June, driven by SpaceX tokens at $1.19B. ...

INSIGHT: Wall Street analysts launched coverage of SpaceX with price targets ranging from $205 to $800 following the end of the IPO quiet period.Goldman Sachs set a $205 target, Morgan Stanley went to $300, and Raymond James issued the Street-high target of $800. https://t.co/GjXUlGwims ...

💡 CoinMarketCap | bStocks 💡Binance just brought real US stocks on-chain with bStocks. So, we built a hub to track the entire lineup. 📊Each token is backed 1:1 by a real share.Here is where the market stands:🔹 25 tokenized stocks in one place🔹 Around $195M in total market cap🔹 SpaceX leads at ~$85MFrom private names to blue chips, track every Binance bStock here 👇https://t.co/eamYG5tOiW ...