The A.I. Proxy Fight Roiling the Race for a New York House Seat

12 June 2026 at 08:00

Groups tied to OpenAI, Anthropic and other industry players have spent $16 million trying to pick the next member of Congress from Manhattan.

SpaceX IPO: How Our Reporters Assess the Sky-High Valuation and Potential Economic Impact

NYT - Top Stories

By: Megan DiTrolio

11 June 2026 at 22:28

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

Elon Musk’s rocket maker SpaceX set a price of $135 a share, which would value it at $1.77 trillion.

Absent From the SpaceX and OpenAI I.P.O.s? Chinese Investors.

NYT - Top Stories

By: Alexandra Stevenson · Maureen Farrell and Lauren Hirsch

11 June 2026 at 20:25

SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit.

A Starship test flight at the SpaceX’s Starbase in Texas last month. Investors in China are expected to be excluded from the SpaceX initial public offering.

Can SpaceX Defy A.I. Gravity?

NYT - Top Stories

By: Andrew Ross Sorkin · Bernhard Warner · Sarah Kessler · Michael J. de la Merced · Niko Gallogly and Brian O’Keefe

11 June 2026 at 12:54

Elon Musk’s rockets-and-artificial-intelligence company is going public as questions grow over the incredible spending spree taking place in the sector.

SpaceX’s launchpad for its Starship rocket in March. Investors may be more focused on the company’s artificial intelligence business.

Trump Muses About Government Taking a Piece of A.I. Companies

NYT - Top Stories

By: Tripp Mickle · Ana Swanson and Cecilia Kang

10 June 2026 at 23:07

President Trump touched on what is an increasingly hot topic in Washington: how average Americans can get a piece of the tech industry’s A.I. windfall.

President Trump, shown here in the Oval Office on Wednesday, has not been shy about the government’s taking a stake in companies.

Investors Feed A.I. Firms’ Voracious Appetite for New Money

NYT - Top Stories

By: Joe Rennison · Lauren Hirsch and Maureen Farrell

10 June 2026 at 17:45

In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.