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SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering

Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.

© Mario Tama/Getty Images

SpaceX will begin trading publicly on Friday under the ticker symbol SPCX.
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Absent From the SpaceX and OpenAI I.P.O.s? Chinese Investors.

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

© Eric Gay/Associated Press

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.
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Trump Picks Jay Clayton for Director of National Intelligence After Backlash Over Bill Pulte

The president said he would nominate Jay Clayton, the U.S. attorney in Manhattan and the former chairman of the Securities and Exchange Commission, for the permanent role.

© Dave Sanders for The New York Times

President Trump’s pick to be the director of national intelligence, Jay Clayton, took over as the U.S. attorney for Manhattan in April 2025.
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Anthropic CEO: Government should have power to block dangerous AI deployments

Anthropic CEO Dario Amodei is arguing governments should have the power to block dangerous deployments of artificial intelligence if they don’t meet a certain safety standard. Amodei’s latest assertion, published in an essay on his website Wednesday, builds upon the company’s pro-safety approach to AI, which has put them at odds with its competitors and the Trump…

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Anthropic CEO: Government should have power to block dangerous AI deployments

Anthropic CEO Dario Amodei is arguing governments should have the power to block dangerous deployments of artificial intelligence if they don’t meet a certain safety standard. Amodei’s latest assertion, published in an essay on his website Wednesday, builds upon the company’s pro-safety approach to AI, which has put them at odds with its competitors and the Trump…

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Jeff Bezos Wants to Build an ‘Artificial General Engineer’

As co-chief executive of the start-up Prometheus, the Amazon founder is using A.I. to improve how devices ranging from computers to jet engines are made.

© Jeenah Moon for The New York Times

With his new company, Prometheus, Jeff Bezos is training A.I. on the design and manufacturing process of various industries.
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Can SpaceX Defy A.I. Gravity?

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

© Gabriel V. Cardenas/Reuters

SpaceX’s launchpad for its Starship rocket in March. Investors may be more focused on the company’s artificial intelligence business.
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Microsoft C.E.O. Satya Nadella Says ‘Everyone Is a Stakeholder’ in A.I.

At The New York Times’s Hard Fork Live event, Mr. Nadella addressed the backlash against artificial intelligence and President Trump’s comments about Americans sharing in the wealth of A.I. companies

© Mike Kai Chen for The New York Times

Satya Nadella, left, the chief executive of Microsoft, at the Hard Fork Live event in San Francisco on Wednesday.
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Pulte unqualified for DNI role, but FISA must be extended, Rep. McCaul says

Friday is the deadline for Congress to reauthorize a key tool for collecting foreign intelligence. Critics on the left and the right argue that the Foreign Intelligence Surveillance Act is prone to abuse. Others say they won't back it until President Trump pulls his pick to oversee the intelligence community. Amna Nawaz discussed more with Republican Rep. Mike McCaul of Texas.

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

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.

© Doug Mills/The New York Times

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