A trillion dollars is a stupid amount of money

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SPCX opens at $150 per share.

As reported by CNBC, the New York Times, and others, trading commenced at a price 11 percent above the $135 IPO price, but lower than the $175 shown in some earlier indications. It’s already spiked as high as $167, before falling back to $155. As long as the share price remains above $138, that is enough to make Elon Musk the world’s first trillionaire.

World economic forecast shows poor countries could be ill-positioned for AI gains

AI can set the stage for the most prosperous decade since the 1970s, according to World Bank economists.

Elon Musk becomes the world's first trillionaire after SpaceX's historic IPO

The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.

SpaceX IPO: Everything you need to know

TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.

Axa chief Thomas Buberl: ‘We need to adjust our definition of war’

The insurance boss on the risks of social fragmentation, why Europe needs a sovereign wealth fund — and putting ‘my Germanness’ aside

Can We Be Rich Again?

The former chancellor delivers a convincing, optimistic and detailed blueprint for growth — and a candid assessment of his own time in government

SpaceX's Arrival Heralds a Wave of New Stock

A jump in stock issuance could tilt supply-demand dynamics that have quietly supported the market.

How Elon Musk always wins

The SpaceX IPO has proven the billionaire’s adeptness at bending Wall Street to his will

Musk should go more boldly with fantastical SpaceX projections

Financial history offers examples of now-giant companies that formerly lowballed their own prospects

US insurance rulemaker probes credit risks tied to data centres

Association’s efforts come as capital from the sector plays a growing role in AI infrastructure build-outs

The great bond and equity conundrum

Financial logic has been stood on its head as yields buck decades-long trends