SpaceX set to go public
SpaceX is set to go public on Friday in what's expected to be the largest IPO in history, a move that could make Elon Musk a trillionaire and create thousands of new millionaires inside the company. Jo Ling Kent reports.
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SpaceX is set to go public on Friday in what's expected to be the largest IPO in history, a move that could make Elon Musk a trillionaire and create thousands of new millionaires inside the company. Jo Ling Kent reports.
The producer price index came in much higher than expected in May, signaling that U.S. consumers may face more inflation in the coming months. CBS News' Kelly O'Grady explains.
Investors are preparing for SpaceX, Anthropic and OpenAI to go public as the markets brace for the AI era. Emily Chang, the host of Bloomberg's "The Circuit," joins CBS News with more.
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.
Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.
NASA has announced the names of four astronauts and a backup crew member for the Artemis III mission to the moon. The crew includes NASA commander Randy Bresnik, European Space Agency astronaut Luca Parmitano, who will serve as the pilot, and NASA's Andre Douglas and Frank Rubio, who will serve as mission specialists. The group is expected to test rendezvous and docking procedures with moon landers being built by SpaceX and Blue Origin.
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
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.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
SpaceX launched its revamped Super Heavy-Starship rocket on Friday, with some minor issues during the test, ahead of the company's highly anticipated initial public offering.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX on Friday pulled off a test launch of its latest Starship megarocket. CBS News space consultant Bill Harwood has the latest.
Elon Musk's SpaceX scrubbed the high-stakes launch of its biggest Starship rocket over technical problems that occurred shortly before Thursday's scheduled blast-off. Mark Strassmann reports.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX has scrubbed a Thursday test launch of the latest version of its Starship rocket. CBS News space consultant Bill Harwood has the details.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
Elon Musk says he will make chips in the U.S. for use in Teslas and robots. Reuters global aerospace editor Joe Brock joins to discuss.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA astronaut Mike Fincke said he was the crew member whose medical issue required a group of space station fliers to return to Earth earlier than planned last month.
As the U.S. restarts its Iran blockade and carries out more strikes, President Trump has called off a planned 20% fee on shipping through the Strait of Hormuz.
Neither of the victims of the ICE shootings in Maine or Texas were the target of enforcement operations, according to the Department of Homeland Security.
The measure also allows states to opt out if they take action before the federal law is enacted.
The text of the bill had been finalized before Graham met with Zelenskyy last week in Kyiv.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
An ammunition plant in Mesquite, Texas, has not produced any metal projectile parts after the Army spent $469 million to establish the facility.
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
Former White House counsel Kathy Ruemmler worked with Epstein on a Swiss bank settlement.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
The measure also allows states to opt out if they take action before the federal law is enacted.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
The scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
The Promise Act would establish a legislative procedure with the goal of preserving Social Security's trust funds for the next 50 years.
Senate Democrats blocked a must-pass annual defense policy bill from moving forward on Tuesday as they voiced opposition to the Trump administration's handling of the war with Iran.
The scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
The Promise Act would establish a legislative procedure with the goal of preserving Social Security's trust funds for the next 50 years.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
The T. rex, nicknamed Gus, is a towering figure, standing at 12.5 feet fall and roughly 38 feet long.
The measure also allows states to opt out if they take action before the federal law is enacted.
Senate Democrats blocked a must-pass annual defense policy bill from moving forward on Tuesday as they voiced opposition to the Trump administration's handling of the war with Iran.
The text of the bill had been finalized before Graham met with Zelenskyy last week in Kyiv.
The House on Tuesday finally broke an impasse that had stalled most legislative action on the floor.
Darline Graham, the sister of the late Sen. Lindsey Graham, was sworn in to serve out the remainder of his term in the Senate, following his sudden death over the weekend.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
Capt. Chesley "Sully" Sullenberger, who famously landed a passenger jet on the Hudson River in 2009, said he has been diagnosed with Alzheimer's disease.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
Lindsey Graham's aorta tore at 71. Grant Wahl's burst at 49. One is common and age-driven; the other is inherited, silent, and findable.
A Finnish study followed patients for 10 years after they had a popular knee surgery. For many, the pain continued or even worsened.
An anti-corruption probe in Iraq leads to seizure of 825 pounds of gold and tens of millions in cash from lawmakers and government officials.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
The text of the bill had been finalized before Graham met with Zelenskyy last week in Kyiv.
Kent Carpenter and his Filipina companion were at his house in the coastal town of Sibulan when masked men forced their way in.
Asked about the case of U.S. national Youlin Chen, China's foreign ministry said there was no "wrongful detention," but it did not deny the scientist was imprisoned.
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
"The Real Wolf of Wall Street," a new documentary from See It Now Studios on Paramount+, focuses on the real-life story of infamous stockbroker Jordan Belfort and his brokerage firm Stratton Oakmont. Howie Gelfand, a former partner at Stratton Oakmont, explains why he decided to be part of the documentary and how the 2013 film, "The Wolf of Wall Street," starring Leonardo DiCaprio, got the real story wrong.
Alan Ritchson talks about starring in "Motor City," which has nearly no dialogue, how his process was different and why he thinks it will resonate with audiences.
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
Mick Jagger spoke with The New York Times recently about the role of politics in his music. Political strategists Erin Maguire and Dan Kanninen join "The Takeout" to discuss.
The scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
New York Gov. Kathy Hochul imposed a year-long moratorium on "hyperscale" AI data centers, halting construction as the state investigates the wider economic and environmental impacts. Shanelle Kaul explains more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Apple is suing OpenAI over apparently stolen trade secrets that may be linked to hardware ambitions. CBS News contributor Patrick McGee joins with more.
Building new data centers in New York will be paused for a year in order to allow state officials to establish guidelines protecting residents and the environment, Gov. Kathy Hochul said.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Kent Carpenter and his Filipina companion were at his house in the coastal town of Sibulan when masked men forced their way in.
Supreme Court Justices Elena Kagan and Amy Coney Barrett are on Capitol Hill to testify before House lawmakers in response to a request for increased security funding amid growing threats against members of the highest court.
Joan Sebastian Guerrero's death in Maine marks the second time in a week that Immigration and Customs Enforcement agents have shot and killed a civilian. The Department of Homeland Security alleged that a man "attempted to flee the scene" when stopped by ICE. Guerrero's killing has prompted calls for an investigation. CBS News' Lilia Luciano reports.
Apple is suing OpenAI over apparently stolen trade secrets that may be linked to hardware ambitions. CBS News contributor Patrick McGee joins with more.
Witnesses are describing what they saw during the moments after an Immigration and Customs Enforcement agent fatally shot a man in Maine. One source with knowledge of the investigation says Joan Sebastian Guerrero was killed during the encounter. CBS News' Lilia Luciano reports.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Federal investigators have turned over evidence that officials in Minnesota have been requesting for months about the deadly ICE shootings the state experienced in January. Hennepin County attorney Mary Moriarty joins "The Takeout" to discuss.
Nine people in the U.S. have been killed by immigration officers in the last 18 months, including two in the last week in Texas and Maine. CBS News' Lilia Luciano and Ed O'Keefe report, while Hennepin County attorney Mary Moriarty joins "The Takeout" to discuss the investigation into two ICE killings in Minnesota.
The United States on Tuesday resumed its naval blockade against Iran and launched new strikes against the country. CBS News' Olivia Rinaldi reports and retired Col. Mark Cancian joins with analysis.
Asked about the recent ICE-related fatal shootings, Harris District Attorney Sean Teare says the actions of federal immigration agents "in no way resemble" the tactics of "every law enforcement agency" he's worked for.
Harris County District Attorney Sean Teare tells CBS News his office is "more than prepared" to file criminal charges against federal ICE agents if criminal wrongdoing is found in the fatal shooting of Mexican immigrant Lorenzo Salgado Araujo in Houston last week.