SpaceX shares soar following record-breaking $75 billion IPO
SpaceX's stock opened at $150 after making its debut on the Nasdaq exchange on Friday in the biggest ever initial public offering.
Watch CBS News
SpaceX's stock opened at $150 after making its debut on the Nasdaq exchange on Friday in the biggest ever initial public offering.
SpaceX shares opened at $150 on Friday, 11% above their $135 offering price, after the company completed the largest initial public offering in history.
Anyone will soon be able to own a piece of SpaceX and participate in what is expected to be the biggest initial public offer of all time. CBS News Business Analyst Jill Schlesinger has advice for potential investors.
As Ukraine accuses Russia of terrorism with a deadly strike on a train, some defense analysts believe Elon Musk's Starlink may have guided the killer drones.
Elon Musk's SpaceX settled a lawsuit filed by the maker of the popular party game over accusations that the space technology company damaged land the card company owns in Texas.
A SpaceX Starship exploded at a launch site in Texas Wednesday night, bursting into a massive fireball.
The explosion happened 15 minutes before an anticipated engine test firing.
"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.
Starliner astronauts Butch Wilmore and Suni Williams joined Crew 9 commander Nick Hague and cosmonaut Alexander Gorbunov for their long-awaited return to Earth.
Wisconsin voters are casting the first ballots in a pivotal state Supreme Court race that will determine whether liberal or conservative justices control the highest court in the crucial presidential battleground.
Two NASA astronauts who have been stranded in space for more than nine months are on their way home. A SpaceX capsule undocked from the International Space Station overnight, carrying with it Suni Williams and Butch Wilmore.
A SpaceX rocket exploded during a test flight Thursday night, causing debris to rain down from Florida to Turks and Caicos in the Caribbean.
The Dragon Endeavour spacecraft splashed down off the coast of Florida earlier Friday morning.
The ambitious mission won't actually look for life on Jupiter's moon Europa, but it should find out if the presumed ocean provides a habitable environment.
SpaceX is celebrating a spectacular feat – the launch of Starship, the most powerful rocket ever built, and the catch and return of its first-stage booster to the launchpad.
Crew Dragon's two astronauts will join two Starliner fliers for a five-month tour of duty aboard the International Space Station.
Splashdown northwest of Key West, Florida, closed out a mission highlighted by the first non-government civilian spacewalk.
Forty-one-year-old billionaire entrepreneur and Mission Commander Jared Isaacman and mission specialist Sarah Gillis left the Space-X Capsule to float 435 miles above earth Thursday morning. The major objective of the mission is to test newly developed spacesuits.
The Starliner slammed into the discernible atmosphere 400,000 feet above the Pacific Ocean before descending to a parachute-and-airbag assisted touchdown.
The Starliner slammed into the discernible atmosphere 400,000 feet above the Pacific Ocean before descending to a parachute-and-airbag assisted touchdown.
NASA has bumped two female astronauts, including the commander, from the next SpaceX crew rotation flight to the International Space Station, freeing up two seats to give the agency's Starliner astronauts a ride home next February.
SpaceX pushed back their historic mission set to take a civilian crew of astronauts into a record orbit above Earth. Jordan Bimm, Chicago space historian and assistant professor of science communication at the University of Chicago, joined the stream to discuss the significance of this launch and the future of space exploration.
Mission delayed. SpaceX was set to take civilians to space for the first-ever private spacewalk, but mechanical issues are keeping the Polaris Dawn astronaut mission grounded for now. The all-civilian crew says they're looking forward to making their first steps into the history books as soon as they can.
This week, Suzanne Le Mignot shares a photo that shows how time flies, While Mary Kay Kleist shares a SpaceX rocket launch near her alma mater, the University of Central Florida.
The launch of the world's most powerful rocket was a success, but not the planned splashdown of the SpaceX Starship.
Illinois Gov. JB Pritzker signed a bill Friday that restricts the sale of intoxicating hemp products to the same ages as recreational marijuana.
The Wheeling Police Department is investigating the death of an 8-year-old child Thursday.
Two men have been charged with attempted robbery and a third with firearms trafficking in an incident that led to a shooting by officers in Country Club Hills.
Oak Park police said they are investigating an incident of antisemitic vandalism as a hate crime.
Chicago police said two people were struck by gunfire and one of them was killed while inside a home in the city's Greater Grand Crossing neighborhood overnight.
Illinois Gov. JB Pritzker signed a bill Friday that restricts the sale of intoxicating hemp products to the same ages as recreational marijuana.
The Pentagon on Friday released a new group of documents and videos related to UFOs, or UAPs, with 72 more documents, images and recordings.
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
The House on Thursday defeated a last-ditch effort to extend a key spy authority until early July.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
As thousands of Chicagoans wrap up road trips over the Memorial Day holiday weekend, gas prices in the city have reached the highest levels seen in four years.
Consumer and environmental advocates said Monday that they found overcharges buried in the most recent rate-hike request by Nicor.
One week away from Memorial Day weekend and the unofficial start of the summer travel season, with gas prices remaining high, negotiations were set to resume Monday at the largest oil refinery in the Midwest.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
June is World Infertility Awareness Month, and Northwestern Medicine on Monday shared the story of a woman who is celebrating the birth of her second child after a tumor disrupted her fertility.
The Centennial Park Aquatic Center in the southwest Chicago suburb of Orland Park has been closed to the public after two recent cases of E. coli infection.
Menopause can feel like a major turning point for millions of women, with symptoms like fatigue, weight gain, and brain fog can make women feel like their bodies aren't their own.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
Forty years ago last weekend, crowds turned out for the Chicago Blues Festival — an event studded with a roster of stars for a spectacle that's still talked about today.
Visitors will soon be able to check out the set from CBS' "The Late Show with Stephen Colbert" in Chicago, at the Museum of Broadcast Communications.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Chicago Bears quarterback Caleb Williams is on the cover of Madden NFL 27, the first Bear ever to grace the primary cover of the massively popular video game.
Neighborhoods on Chicago's South Side were among the hardest hit by Wednesday night's straight-line winds, peeling the roof of a church, littering the street with debris and sending a massive tree crashing onto a home.
Pleasant, sunny and cooler Friday, with patchy fog possible at night. Lows in the mid-60s.
SpaceX shares opened at $150 on Friday, 11% above their $135 offering price, after the company completed the largest initial public offering in history.
At least one person is dead and several others have been wounded in a shooting in Midland, Texas, on Friday morning.
Two men have been charged with attempted robbery and a third with firearms trafficking in an incident that led to ATF agents opening fire in Country Club Hills.
Residents across Illinois and Indiana are waking up to severe damage after destructive tornadoes and severe storms hit on Thursday night.
Illinois Gov. JB Pritzker signed a bill Friday that restricts the sale of intoxicating hemp products to the same ages as recreational marijuana.
The Wheeling Police Department is investigating the death of an 8-year-old child Thursday.
Two men have been charged with attempted robbery and a third with firearms trafficking in an incident that led to a shooting by officers in Country Club Hills.
Oak Park police said they are investigating an incident of antisemitic vandalism as a hate crime.
The Crisis Alternative Response Evanston, or CARE, team responds to calls that, before July 2024, would have been lumped into police calls.
The system will provide all heating, cooling, and ventilation for the high school's new physical education facilities and contribute to the school system, saving the district nearly $400,000 a year.
The forecast for a summer reopening of West Suburban Medical Center in Oak Park is growing cloudy, as negotiations continue between the owners and landlord, after the safety net hospital abruptly shuttered its doors in March.
The Obama Presidential Center has been built with sustainability literally in its foundation. But its infrastructure for clean energy, environmentalism and climate change resiliency will also help the communities around it on Chicago's South Side.
A driver in Carol Stream says a band of hungry squirrels caused nearly $30,000 in damage to three different luxury vehicles because of plant-based parts they view as a tasty snack.
Quarterback Caleb Williams and the Chicago Bears had one final minicamp practice on Thursday before they split from Halas Hall to enjoy their last taste of freedom ahead of next month's real training camp.
Seiya Suzuki hit his third career grand slam, Alex Bregman added a two-run homer and the Chicago Cubs snapped a three-game skid with a 9-3 win over the Colorado Rockies on Thursday.
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
The Cubs have lost 22 of their past 29 games after starting the season 27-12.
White Sox right fielder Braden Montgomery, who doubled and hit a game-ending homer in his big league debut Tuesday, had two more doubles Wednesday.
It's the second time this year that authorities detained a stowaway holding a huge stash of drugs in the same harbor.
Police in the northwest Chicago suburb of Arlington Heights have released a sketch of a man accused of attacking and choking a woman this past weekend.
A fourth man has been charged in connection with a string of burglaries targeting video gambling terminals in Chicago's west and southwest suburbs since late last year.
A man has been charged with multiple acts of mail theft and burglary in the Chicago area dating back up to three years.
Chicago police on Wednesday released a surveillance image of someone they said was spotted fleeing the scene as a cross burned in Grant Park.