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Skeptics Question Whether SpaceX Is Worth $1.77 Trillion

Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.

© John Raoux/Associated Press

SpaceX has set an initial public offering price of $135 a share, which would value it at $1.77 trillion. Some investors are skeptical that the valuation is justified.
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Meta A.I. Bug Allowed Hackers to Take Over Instagram Accounts

The flaw, which Meta said it had fixed, allowed anyone to take over accounts using a bug in the company’s new artificial intelligence software.

© Jason Henry for The New York Times

Of the 34,000 accounts, 20,000 were breached, giving hackers access to the account holders’ email addresses, phone numbers, birth dates and other personal data.
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