SpaceX stock closes up 19% on Day 1 of trading
SpaceX launched onto Wall Street on Friday with the largest initial public offering in history. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
SpaceX
Inside unconventional SpaceX market debut
SpaceX officially became the world's largest IPO ever on Friday, but the way it got there took a less-than-conventional road. A Politico report drew parallels between Elon Musk's handling of his market debut and President Trump's executive orders. Yasmin Khorram, Politico tech and economic policy reporter, joins CBS News to discuss.
SpaceX stock soars on first day of trading following record-breaking IPO
SpaceX's stock closed the day at $160.95 after making its debut on the Nasdaq exchange.
6/12: The Takeout with Major Garrett
Iran's top diplomat says deal "has never been closer"; FISA surveillance set to expire despite new intelligence chief pick.
U.S. facing Paraguay in Men's World Cup match
The U.S. Men's National Soccer team will play its first match of the 2026 FIFA World Cup on Friday night, taking on Paraguay in Southern California. CBS News correspondent Nicole Valdes reports from Los Angeles.
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.
Key details on the SpaceX IPO
Elon Musk is now the world's first trillionaire after the SpaceX IPO on Friday. CBS News' Kelly O'Grady reports.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
Elon Musk speaks at SpaceX IPO launch
Elon Musk's SpaceX began trading as "SPCX" on Friday after completing the largest initial public offering in history. The IPO launch has made SpaceX's CEO, already the world's richest person, a trillionaire. Asset TV's Kristin Myers joins CBS News with her take.
How SpaceX is influencing Texas economy
Since Elon Musk's SpaceX first broke ground on Starbase in 2014, the city of Brownsville, Texas, says its population has grown by more than 10,000 people. Jason Allen looks at how the company has impacted the local economy.
Ex-SpaceX employee on company going public
A former SpaceX welder, who still holds shares in the company, talks with CBS News about how he got involved in the company and the impact of SpaceX going public. Jo Ling Kent reports.
SpaceX could make many new millionaires today
SpaceX's highly anticipated IPO could make thousands of former and current workers millionaires. CBS News' Jo Ling Kent reports.
Did Elon Musk overvalue SpaceX?
Elon Musk's SpaceX will soon be a publicly traded company, and Americans are weighing the risk of investing in the revolutionary company. Puck's William Cohan joins CBS News with more insight.
SpaceX's first employee remains on mission: "Space is super important"
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
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.
Wholesale prices see biggest spike since 2022
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 prepare to gamble on AI companies
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.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
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.
Will SpaceX's blockbuster IPO soar or sputter? Past IPOs offer clues.
Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
OpenAI announces plan to go public
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 names astronauts for Artemis III mission
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.
New details on SpaceX IPO plans
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 plans record stock market debut that could make Elon Musk a trillionaire
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.
Early details on Anthropic's IPO filing
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.
Live
U.S. to unveil "economic D-Day" sanctions on Iran
Treasury Secretary Scott Bessent says the new measures will be the "greatest financial offensive" ever.
Navy sailor on USS Lincoln says dad was arrested by immigration officials
Historically rare, immigration arrests of military spouses and parents have become more common under the second Trump administration.
Jared Kushner and Hakeem Jeffries met as midterm elections loom
The meeting came with Democrats expected to take control of the House in the November elections, which would put Jeffries in line to become the next House speaker.
Fast-growing Hawk Fire near Reno, Nevada forces thousands to evacuate
The fire apparently began Saturday and grew significantly throughout the day, fueled by strong, gusty winds, low humidity and dry vegetation.
Sean Grayson, convicted in killing of Sonya Massey, dies in prison, attorney says
Grayson, 32, was found guilty last October of second-degree murder for the shooting of Sonya Massey and was serving a 20-year sentence.
U.S. destroys alleged drug-smuggling boat in Pacific, killing 2 people
Since then, more than 200 people have been killed in U.S. strikes in the Eastern Pacific Ocean and Caribbean Sea.
Suspect in murders of 5 found dead day after their bodies were discovered
A quintuple murder suspect was found dead inside a vehicle in Enumclaw, Washington a day after the bodies of five people were discovered outside Portland, Oregon, authorities said.
2 Phoenix police officers fired, arrested after violent traffic stop
Two Phoenix police officers were fired and arrested after an unreported traffic stop in which they assaulted a man and woman and shocked them with a Taser, the city's police chief said.
Trump puts autistic kids in the spotlight and cuts agencies built to protect them
Researchers and disability rights advocates warn that the dismantling of the Education Department and its erosions of civil rights oversight risk widening the disparities autistic children face.
U.S.
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U.S. destroys alleged drug-smuggling boat in Pacific, killing 2 people
Since then, more than 200 people have been killed in U.S. strikes in the eastern Pacific Ocean and Caribbean Sea.
2 Phoenix police officers fired, arrested after violent traffic stop
Two Phoenix police officers were fired and arrested after an unreported traffic stop in which they assaulted a man and woman and shocked them with a Taser, the city's police chief said.
Suspect in murders of 5 found dead day after their bodies were discovered
A quintuple murder suspect was found dead inside a vehicle in Enumclaw, Washington, a day after the bodies of five people were discovered outside Portland, Oregon, authorities said.
Navy sailor on USS Lincoln says dad was arrested by immigration officials
Historically rare, immigration arrests of military spouses and parents have become more common under the second Trump administration.
Bunny Levine, "Gilmore Girls" and "La La Land" actress, dies at 97
Bunny Levine worked as a school librarian for 25 years before pursuing her passion for acting and performing.
MoneyWatch
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Canada says it will begin retaliatory tariffs on U.S. goods after Labor Day
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
People are scrambling to find wads of cash dropped all over American cities
Cash drop social media accounts have people racing to find money hidden across the country. Here's what's behind the viral videos.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
Politics
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U.S. destroys alleged drug-smuggling boat in Pacific, killing 2 people
Since then, more than 200 people have been killed in U.S. strikes in the eastern Pacific Ocean and Caribbean Sea.
Trump puts autistic kids in the spotlight and cuts agencies built to protect them
Researchers and disability rights advocates warn that the dismantling of the Education Department and its erosions of civil rights oversight risk widening the disparities autistic children face.
Jared Kushner and Hakeem Jeffries met as midterm elections loom
The meeting came with Democrats expected to take control of the House in the November elections, which would put Jeffries in line to become the next House speaker.
Navy sailor on USS Lincoln says dad was arrested by immigration officials
Historically rare, immigration arrests of military spouses and parents have become more common under the second Trump administration.
Dr. Oz says MMR is "not a lethal vaccine" despite Trump's comments
Dr. Mehmet Oz, the administrator of the Centers for Medicare and Medicaid Services, said the MMR vaccine is "not a lethal vaccine," despite President Trump's claims in recent days.
HealthWatch
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Trump puts autistic kids in the spotlight and cuts agencies built to protect them
Researchers and disability rights advocates warn that the dismantling of the Education Department and its erosions of civil rights oversight risk widening the disparities autistic children face.
The explosion of ticks and Alpha-gal syndrome
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
The explosion of ticks and Alpha-gal syndrome
This year, emergency room visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. Correspondent David Pogue looks at how residents of Martha Vineyard are addressing an epidemic of Alpha-gal, and talks with experts about how best to avoid tick bites.
8/23: Sunday Morning
Hosted by Steve Hartman. Featured: The explosion of tick bites and Alpha-gal syndrome; singer Kenny Chesney; botanist and bestselling author Robin Wall Kimmerer; origami artist Robert Lang; one artist's very quirky home; an iconic photo of Harlem jazz legends; and a retirement home for musicians in Milan.
Olympian Jenny Simpson shares rare diagnosis
Retired Olympic runner Jenny Simpson earned a slew of accolades for her performances in three Olympic Games — but two months ago, she nearly died after suffering a cardiac event. Simpson spoke with Errol Barnett about her diagnosis of arrhythmogenic right ventricular cardiomyopathy, the rare ailment she'd unknowingly carried for four decades.
World
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Live
U.S. set to unveil "economic D-Day" sanctions against Iran
Treasury Secretary Scott Bessent said new sanctions being imposed on Iran would amount to the "greatest financial offensive" ever.
Transcript: Dr. Scott Gottlieb on "Face the Nation with Margaret Brennan," Aug. 23, 2026
The following is the transcript of the interview with former FDA Commissioner Scott Gottlieb, who is on the boards of Pfizer and UnitedHealthCare, that aired on "Face the Nation with Margaret Brennan" on Aug. 23, 2026.
Transcript: Neel Kashkari, Minneapolis Fed president and CEO, on "Face the Nation with Margaret Brennan," Aug. 23, 2026
The following is the transcript of an interview with Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis that aired on "Face the Nation with Margaret Brennan" on Aug. 23, 2026.
Transcript: Rep. Byron Donalds on "Face the Nation with Margaret Brennan," Aug. 23, 2026
The following is the transcript of the interview with Rep. Byron Donalds, Republican of Florida and candidate for Florida governor, that aired on "Face the Nation with Margaret Brennan" on Aug. 23, 2026.
Transcript: Dr. Mehmet Oz on "Face the Nation with Margaret Brennan," Aug. 23, 2026
The following is the transcript of an interview with Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator, that aired on "Face the Nation with Margaret Brennan" on Aug. 23, 2026.
Entertainment
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Bunny Levine, "Gilmore Girls" and "La La Land" actress, dies at 97
Bunny Levine worked as a school librarian for 25 years before pursuing her passion for acting and performing.
Robin Wall Kimmerer on the wonders of nature
Botanist Robin Wall Kimmerer, a member of the Citizen Potawatomi Nation, is author of the New York Times bestsellers "Braiding Sweetgrass" and "The Serviceberry" – books that advocate for living and working in collaboration with the Earth. She talks with correspondent Martha Teichner about the importance of respecting both Western scientific knowledge and Indigenous knowledge, planting trees, and sharing the gifts of nature.
The real no-shoes Kenny Chesney
In his recent memoir, "Heart Life Music," Kenny Chesney describes his life's journey, from Knoxville, Tenn., to No Shoes Nation and beyond. Chesney sits down with Lee Cowan in the Florida Keys, where the country superstar is just another laid-back local, to talk about family, touring, and how he recovered from a 2009 concert which he describes as "hitting a wall." [Originally broadcast Oct. 26, 2025.]
Milan's Casa Verdi, a rest home for musicians living in harmony
Opera great Giuseppe Verdi, one of history's most successful composers, used his fortune to create a retirement home for professional musicians "not favored by fortune." Residents of Casa Verdi in Milan not only share their lifetimes of artistry, they also provide master classes to young musicians. Chris Livesay reports.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including actress Hayden Panettiere, star of "Nashville" and "Heroes."
Technology
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Technology
AI-generated bills swamp congressional lawyers
Lawmakers and lobbyists are now using artificial intelligence to draft bills, but it turns out AI is currently terrible at the technicalities of federal law and regulations. Politico Congress tech reporter Owen Dahlkamp joins to discuss his recent article on the topic.
Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
How AI powered robots are helping small farms
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.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
Science
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Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Crime
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2 Phoenix police officers fired, arrested after violent traffic stop
Two Phoenix police officers were fired and arrested after an unreported traffic stop in which they assaulted a man and woman and shocked them with a Taser, the city's police chief said.
Suspect in murders of 5 found dead day after their bodies were discovered
A quintuple murder suspect was found dead inside a vehicle in Enumclaw, Washington, a day after the bodies of five people were discovered outside Portland, Oregon, authorities said.
How an oil trail led to suspect in South Carolina hit-and-run homicide
A trail of clues — including an oil leak, security video and data from a truck's onboard computer — lead S.C. investigators to a jealous man suspected of running down a romantic rival.
Uber driver gets roped into police car chase
A Houston Uber driver found himself involved in police activity after two officers jumped into his vehicle in pursuit of a suspect. Lana Zak has the story.
Judge denies Karmelo Anthony a new trial
Karmelo Anthony's murder conviction and 35-year prison sentence are staying in place after a Texas judge denied his request for a new trial.
Space
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First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
How some are keeping manual driving alive
For generations of drivers, getting behind the wheel meant you had to be able to use a stick shift. Now, new data shows that manual-transmission cars have all but disappeared. But some are keeping the driving skill alive. CBS News' Bradley Blackburn goes on a ride.
Why sewing is making a comeback
A new generation isn't just picking up a needle and thread; they're stitching an entirely new way of life. Itay Hod has the story from California.
Last Ridglan Farms beagles rescued
The last of more than 2,000 beagles from a Wisconsin facility that bred them for medical research have been rescued. Adam Yamaguchi accompanied them on their journey to freedom.
Ukraine celebrates independence amid strikes
Ukrainian President Volodymyr Zelenskyy said Russia plans to draft 300,000 more troops into the fight as the invasion drags on. On Sunday, waves of Ukrainian drones targeted Russia's economy, hitting a massive retail warehouse outside of Moscow. Holly Williams reports.
Impact of new U.S. tariffs on Canada
The escalating trade war with Canada has ruptured a once-close and durable alliance. It will soon have people on both sides of the border paying up. Jarred Hill has more details from New York.