SpaceX raised $75 billion in the largest IPO ever, with shares jumping in their Nasdaq debut and valuing the company above $2 trillion. The listing pushed Elon Musk’s paper net worth past $1 trillion, though analysts questioned the company’s valuation.
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Apple announced Siri AI, a major update to its digital assistant that will use device data, cloud computing and the web to complete tasks and answer questions. The service will launch later this year in English but not initially in the European Union or China.
John Bolton plans to plead guilty to one count of retaining classified national security information and pay a $2.25 million fine, according to CBS News. The former Trump national security adviser is expected to enter the plea June 26 in federal court in Maryland.
President Donald Trump signed an executive order creating a voluntary process for federal review of powerful AI models before release. The order focuses on cybersecurity and national security while avoiding mandatory licensing requirements for AI companies.
Google engineer Michele Spagnuolo is charged with insider trading after allegedly using confidential search data to win over $1.2 million betting on Polymarket. This is the second major insider trading case linked to the prediction market platform.
SpaceX files for an IPO without specifying fundraising goals, revealing financials and plans across space, satellite internet, and AI sectors.