Elon Musk becomes the world's first trillionaire with SpaceX's IPO
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
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The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
OpenAI CEO Sam Altman took the witness stand Tuesday to defend his business record in a trial pitting him against Elon Musk, rebutting testimony that disparaged his leadership at a pivotal time for the ChatGPT maker.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
Elon Musk, the Tesla CEO, world's richest man and OpenAI's cofounder, took the stand Tuesday in a high-stakes trial revolving around a bitter feud between himself and former friends Sam Altman and Greg Brockman that could reshape the future development of artificial intelligence.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
Elon Musk took the stand in a San Francisco courtroom Wednesday in a trial where he is accused of making false statements about Twitter to allegedly drive down the stock price of the social platform before his 2022 purchase.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
As the European Union announces an investigation, the Grok chatbot tells CBS News, "Yes, tools like me should face meaningful regulation."
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Grok, the chatbot developed by Elon Musk's company xAI, said it is fixing "lapses in safeguards" after social media users said it was generating sexualized photos of minors.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Time magazine named "the architects of AI" its 2025 Person of the Year on Thursday, calling out tech industry leaders behind the rise in artificial intelligence.
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
While there are a few Californians sick with cyclosporiasis, there aren't any known local outbreaks right now, and none linked to the national outbreak, state health officials say.
Gov. Gavin Newsom joined local officials in Oakland on Monday to sign legislation aimed at encouraging more home construction across California.
A California death row inmate convicted in the killings of his pregnant wife and her unborn child has died while incarcerated, according to state prison officials.
A fire burning in Sonoma County prompted an evacuation warning before forward progress was halted, authorities said.
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
While there are a few Californians sick with cyclosporiasis, there aren't any known local outbreaks right now, and none linked to the national outbreak, state health officials say.
Gov. Gavin Newsom joined local officials in Oakland on Monday to sign legislation aimed at encouraging more home construction across California.
A California death row inmate convicted in the killings of his pregnant wife and her unborn child has died while incarcerated, according to state prison officials.
A fire burning in Sonoma County prompted an evacuation warning before forward progress was halted, authorities said.
A deputy with the San Francisco Sheriff's Office was charged Monday with battery and misdemeanor assault by a public officer after she allegedly groped a female inmate, District Attorney Brooke Jenkins announced.
Three San Mateo County residents are safe after they were rescued from a capsized sailboat in San Francisco Bay over the weekend, authorities said.
San Franciscans have seen encampments pop up all over the city, but a large, sprawling line of tents were set up overnight on Battery Street in the Financial District.
A hang glider crashed onto a San Francisco beach on Saturday and had to be rescued by firefighters, authorities said.
On Saturday, thousands of residents participated in a city-wide day of service, designed not only to spruce up the neighborhoods, but also to bring people closer together.
Oakland police officers shot and killed an armed suspect in the parking lot of a strip mall on Monday afternoon, police said.
City leaders in Oakland voted to approve a $125 million deal to sell their share of the Oakland Coliseum complex, a deal that would include revenue from future events.
The nearly century-old tower is being reduced by 40 feet after studies found it could crack during a major earthquake, risking flooding in Lafayette and Walnut Creek.
Sixteen puppies are being cared for at two East Bay animal shelters after being abandoned in the parking lot of a Walmart store in Livermore, authorities said.
More than a month into a labor dispute at the C&H Sugar refinery in Crockett, the fight is expanding beyond the picket line and into Richmond.
A new project is under construction in San Jose that has all the characteristics of a massive new data center, but Google and the city insist that it is something else.
Police in San Jose said that they have busted an alleged illegal nightclub found in an industrial space.
A summer camp counselor in Santa Clara County was arrested and charged in connection with an alleged child sexual assault, according to authorities.
A man caught on dashcam video causing his own road rage crash on U.S Highway 101 in San Jose, and who later submitted a fraudulent insurance claim for the collision, was sentenced to jail on Friday.
Authorities in the South Bay said they arrested a man who allegedly committed two dozen burglaries targeting restaurants and coffee shops, often escaping on an electric scooter.
The hilltop region near the King Mountain Open Space Reserve in Marin County could soon be open to the public.
Police in Santa Rosa are asking the public for help in find a woman woamn who has been missing for weeks.
A San Francisco Bay Area man is facing multiple charges after he allegedly threatened a Pacific Gas & Electric Co. employee with a shotgun, authorities said.
Authorities in the San Francisco Bay Area said a suspect's selfie from a crime scene helped lead to arrests in a $100,000 commercial burglary case.
A Vallejo teen worked for months to buy his dream car. Then, just a month after he got the keys, the car was gone, without a trace.
City leaders in Oakland voted to approve a $125 million deal to sell their share of the Oakland Coliseum complex, a deal that would include revenue from future events.
The San Francisco Giants have drafted Rutgers outfielder Peyton Bonds in the third round.
Rafael Devers scored the tiebreaking run in a two-run eighth inning when catcher Hunter Goodman threw wildly into center field on a stolen-base attempt, and the San Francisco Giants overcame Jake McCarthy's second leadoff inside-the-park home run this season to beat the Colorado Rockies 3-2.
The Khosla family ownership group, including Vinod Khosla, has entered into a formal agreement to purchase the defending Super Bowl champion Seattle Seahawks.
Tyler Mahle won for the first time since mid-April, Casey Schmitt hit a tiebreaking three-run homer in the sixth inning and the San Francisco Giants beat the Colorado Rockies 4-2.
A California death row inmate convicted in the killings of his pregnant wife and her unborn child has died while incarcerated, according to state prison officials.
Oakland police officers shot and killed an armed suspect in the parking lot of a strip mall on Monday afternoon, police said.
A deputy with the San Francisco Sheriff's Office was charged Monday with battery and misdemeanor assault by a public officer after she allegedly groped a female inmate, District Attorney Brooke Jenkins announced.
Numerous suspects are believed to be involved after a woman was found dead at a large illegal marijuana cultivation operation in Mendocino County, authorities said on Saturday.
A San Francisco Bay Area man is facing multiple charges after he allegedly threatened a Pacific Gas & Electric Co. employee with a shotgun, authorities said.
Startups are using emails, photos and voice recordings to create AI simulations that family and friends can interact with after a loved one's death.
A new project is under construction in San Jose that has all the characteristics of a massive new data center, but Google and the city insist that it is something else.
Apple alleges that OpenAI and two of its employees stole trade secrets and engaged in a "pattern of misconduct."
Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
Waymo is evaluating a couple of incidents on the Fourth of July in San Francisco in which its autonomous vehicles drove over fireworks, including one that caught fire.
While there are a few Californians sick with cyclosporiasis, there aren't any known local outbreaks right now, and none linked to the national outbreak, state health officials say.
A norovirus outbreak aboard a Princess cruise ship sickened 125 passengers and crew members during a voyage in the North Pacific that ended on Thursday.
A Bay Area cancer patient is making more memories and living longer than his initial diagnosis thanks to a groundbreaking treatment for his particularly aggressive form of brain cancer.
Health officials in the San Francisco Bay Area issued a warning about a potential measles exposure after an infected resident traveled through San Francisco International Airport and local businesses.
Health officials in Berkeley said one person died and another person was hospitalized after contracting leptospirosis from rats that had infested their RV.
U.S. District Judge Kathleen Williams said President Trump's lawsuit against the IRS had been filed for an "improper purpose."
Congress is returning to Washington with limited time to address a number of priorities ahead of a lengthy August recess and the sprint to the midterm elections.
Sen. Mitch McConnell released a statement on his health on Sunday along with a photo of himself and his wife, Elaine Chao, after questions swirled about his condition.
President Trump paid tribute to the late senator Lindsey Graham, a Republican from South Carolina, who had just returned from a trip to Ukraine.
Congressman Ro Khanna said members of the Israel Defense Forces spoke with the settlers and moved a car to block the road.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
Many LGBTQ+ Pride events across the country have had to scale back or even cancel due to political and financial reasons. San Francisco was on the brink. Kara St. Cyr reports.
In one of the most competitive real estate markets in America, a San Francisco real estate agent dons fabulous drag to help promote homes for sale. Itay Hod reports.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
San Franciscans have seen encampments pop up all over the city, but a large, sprawling line of tents were set up overnight on Battery Street in the Financial District.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Expect hot conditions in much of the Bay Area on Tuesday, with highs in the 90s and 100s inland. A cooling trend begins Wednesday, with high temperatures expected to be 10 to 20 degrees cooler by the weekend. Jessica Burch has the forecast.
Kenny Choi reports.
Sooji Nam reports.
Gov. Gavin Newsom joined local officials in Oakland on Monday to sign legislation aimed at encouraging more home construction across California.
Meteorologist Zoe Mintz says some 90-degree to near-triple digit temperatures are in the forecast over the next couple of days.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.