Latest Stories

SpaceX IPO Means We’re All Along for the Elon Musk Ride Now

Elon Musk is, famously, kind of a lot. He’s a thrice-divorced man with at least 14 children by four different women who’s spent a significant part of the past few years flirting with White nationalism and promoting a sex chatbot. He is also fabulously successful, having helped transform PayPal, Tesla and SpaceX from startups into household names — not to mention his roles in the buyout of Twitter (since rebranded as the anti-woke social network X and swallowed up by SpaceX) and the 2024 election of Donald Trump.

What to Know About SpaceX’s Record-Breaking IPO: Explainer

SpaceX had the largest stock-market debut in history when it went public on June 12. The company raised $75 billion in the initial public offering and ended its first day on the public markets with a market capitalization of around $2.2 trillion. The IPO turned SpaceX founder Elon Musk into the world’s first trillionaire.

Paramount’s Deal for Warner Bros. Is Cleared by US DOJ

The US Justice Department has closed an antitrust probe into Paramount Skydance Corp.’s$110 billion purchase of Warner Bros. Discovery Inc., saying the deal “is not likely” to hurt consumers or competition in the film and television industry.

EXPLORE BLOOMBERG LAW

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: