Jonathan Wong

Jonathan Wong

The Latest

  • Elon Musk Nears Trillionaire Status As SpaceX IPO Could Push Fortune Past $1 Trillion
    Elon Musk
    Combined with his Tesla holdings-currently valued at around $355 billion-and stock options worth potentially over $100 billion, Musk's net worth could soar past the $1 trillion mark.
  • Uber Cuts 23% of HR Team as AI Spending Soars, Company Denies Automation Drove Layoffs
    Uber
    Uber Technologies has cut nearly a quarter of its human resources organization, eliminating 23% of employees in its People and Places division, as the ride-hailing giant pushes through a significant internal restructuring while simultaneously expanding its investment in artificial intelligence.
  • SpaceX Seeks Record $1.75 Trillion IPO Valuation, Targets $75 Billion Raise
    SpaceX Targets $25 Billion+ IPO, $1.5 Trillion Valuation as Starlink Drives 2026 Mega Listing
    SpaceX is preparing for what could become one of the largest initial public offerings in financial history, seeking a valuation of approximately $1.75 trillion and aiming to raise at least $75 billion as investors continue pouring capital into companies tied to advanced technology, communications infrastructure and artificial intelligence.
  • Marvell Soars Over 32% After Jensen Huang Calls Chipmaker the ‘Next Trillion-Dollar Company’
    Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas
    Marvell Technology shares surged nearly 30% Tuesday after Nvidia CEO Jensen Huang publicly described the semiconductor company as the "next trillion-dollar company," delivering a powerful endorsement that sent investors rushing into one of the fastest-growing beneficiaries of the artificial intelligence infrastructure boom.
  • Jensen Huang Dismisses AI Job-Loss Fears as ‘Complete Nonsense’ While 107,775 Tech Workers Lose Jobs
    Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas
    Nvidia CEO Jensen Huang is doubling down on his belief that artificial intelligence will create more jobs than it eliminates, even as new workforce data shows tens of thousands of technology employees have lost their positions during a year marked by aggressive AI adoption across corporate America.
  • Anthropic Files Confidential IPO After $965 Billion Valuation
    Anthropic’s New AI Model Exhibited Blackmail and Deception When Faced With Shutdown, Safety Report Shows
    Anthropic, the artificial intelligence startup behind the Claude chatbot, has confidentially filed for an initial public offering, positioning itself to become one of the largest technology listings in history and escalating its rivalry with OpenAI as the race for AI dominance accelerates.
  • Pentagon's Largest-Ever $620 Million Loan Sent Vulcan's Value Soaring After Trump Jr. Investment, Report Says
    LATEST VICTIM
    A Pentagon decision to award a $620 million strategic loan to a little-known rare-earth minerals startup has sparked new scrutiny in Washington after a ProPublica investigation reported that Donald Trump Jr. held an undisclosed investment in the company months before the deal was approved.
  • Elon Musk Responds to Blue Origin Explosion as Jeff Bezos Suffers Major New Glenn Setback
    Elon Musk Warns He Now Ranks Just Behind Trump on America’s Assassination Target List
    Blue Origin suffered one of the most significant setbacks in its history Thursday night when its New Glenn rocket exploded during a ground test in Florida, destroying the launch vehicle and prompting reactions from industry leaders including SpaceX founder Elon Musk and Blue Origin founder Jeff Bezos.
  • Elon Musk’s $132 Billion Tesla Pay Package Reignites CEO Pay Gap Debate Across Corporate America
    ELON MUSK
    Elon Musk's staggering $132 billion compensation package from Tesla has intensified scrutiny of executive pay practices across Corporate America, arriving at a moment when average U.S. workers continue struggling with the lingering effects of inflation despite modest wage gains.
  • Elon Musk Says Military Misused Civilian Starlink in ‘Suicide Drones’ as Pentagon Agrees to Higher SpaceX Fees
    Elon Musk Warns He Now Ranks Just Behind Trump on America’s Assassination Target List
    Elon Musk said the U.S. military and its contractors improperly used SpaceX's civilian Starlink system in armed drones during operations tied to the Iran conflict, escalating scrutiny over the growing role of commercial satellite networks in modern warfare.
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