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OpenAI Probed by Coalition of State Attorneys General

OpenAI is under investigation by a coalition of state attorneys general who requested information from the artificial intelligence company on a wide range of topics.

By Shirin Ghaffary and Erik Larson

‘Praise The Lord’: Traders Feel Lucky to Get a Piece of SpaceX

Investors and retail traders from across the US and around the world were glued to their screens on Friday as Elon Musk’s SpaceX started trading in the stock market after the biggest initial public offering in Wall Street history.

CFTC Considers Blocking CME’s 24/7 Oil Contract Bid

The US Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator.

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.

SpaceX Strikes Rare Deal to Pay $0 to Bankers for IPO Greenshoe

SpaceX, which had already negotiated to pay razor-thin fees on its record initial public offering, somehow managed to get an even better deal out of its investment bankers.

Elon Musk Is World’s First Trillionaire After SpaceX IPO

In a post on the social media platform he owns, Elon Musk recently lamented, “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.”

SpaceX Shares Close 19% Higher After Historic $75 Billion IPO

SpaceX’s first day on the stock market transformed the startup into one of the world’s most-valuable public companies, handed buyers of the IPO a 19% return and turned its founder Elon Musk into the world’s first trillionaire.

Digital-Dollar Boom Reshapes Crypto as Growth Trades Misfire

For a few hours last weekend, Tether’s USDT stablecoin became more valuable than Ether.

CFTC Sues New Mexico Over Sports Prediction Market Crackdown

The US agency charged with overseeing derivatives trading sued New Mexico, adding to a slew of Democratic-led states the federal regulator has brought to court in its campaign to assert exclusive authority over the burgeoning prediction market industry.