Musk Is the World’s First Trillionaire. Who Was the First Billionaire?
John D. Rockefeller, the Gilded Age oil baron, became America’s first billionaire in 1916. Like Elon Musk’s ascension, the milestone made headlines. Source link
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Elon Musk SpaceX IPO Live Updates: SpaceX closes Nasdaq debut at $161, valued above $2 trillion
The spotlight will be firmly on SpaceX on Friday as the Elon Musk-led company finally begins trading on the Nasdaq, marking the start of what investors hope will be a historic market debut. The listing will test whether the extraordinary demand seen during the IPO process can sustain momentum once the stock enters public trading….
Americans Aren’t Money Savvy, and They’re Only Getting Worse
Researchers say people with poor understanding of basic finances often make bad decisions on money matters. Source link
Railways Becoming Digital: Synergy of steel & software: How Indian Railways got on the digital track
Not very long ago, a railway journey in India often began with a queue.Passengers would visit reservation counters, wait for printed tickets, check paper charts pasted outside coaches and rely on station inquiry windows for information about delays or platform changes.Today, much of that experience fits inside a smartphone. A passenger can book a ticket,…
Justice Dept. Clears Way for Paramount-Warner Bros. Merger
The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News. Source link
US stock market today: Wall Street rallies as oil prices tumble, SpaceX debut puts AI trade in focus
US stocks advanced on Friday as falling oil prices lifted sentiment and investors awaited the highly anticipated market debut of SpaceX, a listing that could provide a fresh test of appetite for artificial intelligence-related stocks.The S&P 500 rose 0.6%, while the Dow Jones Industrial Average gained 480 points, or 1%, as of 11:11 am Eastern…
SpaceX’s Unlikely Journey From Far-Out Idea to $2 Trillion Juggernaut
Elon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding. His rocket company has come a long way. Source link
World’s first trillionaire: Elon Musk’s net worth crosses $1 trillion after SpaceX’s stock market debut
Elon Musk has become the world’s first trillionaire on Friday after SpaceX made its stock market debut on Nasdaq.The company’s shares jumped over 21 per cent shortly after listing, lifting Musk’s estimated fortune above the $1 trillion mark, according to Bloomberg. The bulk of his wealth exists on paper, rather than cash, derived primarily from…
Blake Lively Awarded Legal Fees in Ruling After Justin Baldoni Settlement
The size of the award remains to be determined as it only involves the legal fees associated with part of her court battle with Mr. Baldoni, with whom she made a film. Source link
Rupee rebounds 67 paise to 95.18 against US dollar as oil prices tumble on Iran deal hopes
The rupee surged 67 paise to close at 95.18 against the US dollar on Friday, supported by a sharp fall in global crude oil prices after US President Donald Trump signalled that a deal with Iran could be imminent, PTI reported.A positive trend in domestic equity markets and weakness in the US currency further aided…