Robert Isom, chief executive officer of American Airlines Group Inc., speaks during a Bloomberg Television interview in New York, US, on Wednesday, Dec. 10, 2025. Christian Monterrosa | Bloomberg | Getty Images FORT WORTH, Texas — American Airlines CEO Robert Isom has a math problem. The carrier is flying about 6,500 flights per day this…
Sam Altman, chief executive officer of OpenAI Inc., left, and Tim Cook, chief executive officer of Apple Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very…
In this photo illustration, a Jersey Mike’s cup is displayed outside of Jersey Mike’s restaurant on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Sandwich chain Jersey Mike’s filed for an initial public offering on Thursday, reporting that its same-store sales cumulatively climbed 50% from 2020 through 2025. Jersey Mike’s plans…
OpenAI is leaning toward holding off its initial public offering until next year, three people involved in the company’s deliberations said, a turnabout that punctuates the uncertain future for fast-rising artificial intelligence giants. The maker of ChatGPT hired bankers and lawyers with an eye toward a public offering as soon as the third or fourth…
SpaceX shares dropped 3.57% on Thursday, as the stock’s recent rally cooled following a record-breaking IPO last week. Elon Musk’s space and artificial intelligence firm became one of the world’s most valuable companies after listing, and on Tuesday, its market cap surpassed Amazon and — briefly — Microsoft. With Thursday’s loss, SpaceX closed at a…
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive…
SpaceX may have held the biggest initial public offering of all time, but Wall Street may be expecting something even bigger from Elon Musk, the rocket company’s chief executive. Many of his fans and investors expect him to merge SpaceX with Tesla, the maker of electric cars where he is also chief executive, joining most…
Over the last year, Elon Musk has jumped further into the artificial intelligence boom and refocused his rocket company, SpaceX, on building orbital data centers and manufacturing A.I. computer chips. On Tuesday, just four days after holding the largest initial public offering ever, SpaceX said it was completing a $60 billion deal to buy Cursor,…
SpaceX’s share price continued to surge on Monday, the company’s first full day of trading, adding to its sharp move higher on Friday after its record-breaking public listing. Elon Musk’s rocket maker and artificial intelligence company rose 19.6 percent on Monday, surpassing its rise in a frenzied few hours of trading on Friday, when SpaceX…
Wall Street exhaled on Friday after SpaceX nailed its record-breaking debut. The success wiped away a week of anxiety over whether the market had the appetite to digest the biggest initial public offering in history. SpaceX closed up 19% at nearly $161 per share for a market value of more than $2.1 trillion, making it…
