SpaceX stock isn’t just falling. It’s hitting every branch on the way down. After surging to a $2.6 trillion valuation on its third day of public trading, SpaceX stock has tumbled 46%, wiping out more than $1.2 trillion of that in the process. The initial wave of selling came as investors balked at lofty valuations.
Media Partners Asia projects that leading microdrama platform ReelShort will generate $1.05 billion in revenue in 2026, up 34%, and post its first meaningful profit at scale, according to a new report from the Singapore-based research firm. The report, titled “ReelShort / Crazy Maple Studio: Inside the US$1B Micro-Drama Machine,” covers ReelShort’s financial trajectory through
“Love Island USA” is officially the series of the summer. According to Peacock, Season 8 of the reality dating series has reached nearly 19 billion minutes watched to date, spanning 35 episodes released between June 2 and July 13 — making it the streamer’s most-watched original season ever. Divided by the season’s nearly 40-hour runtime,
Most of the available pool of tariff revenue has been disbursed back to U.S. companies, but American consumers are still looking for their share of the refunds. As of the end of July, about $100 billion in tariff refunds were sent to the U.S. Department of Treasury to be disbursed to approved importers, according to
SpaceX grew revenue 92% to $7.8 billion in the second quarter, powering past Wall Street’s consensus estimate of approximately $6.9 billion in what marks the rocket-and-connectivity giant’s first earnings report since its June debut on the Nasdaq. The company reported a net loss of $541 million, or 9 cents a share—a marked improvement from a
Pablo Palafox likes to say his company is “getting started” even as its valuation just crossed ten figures. HappyRobot, the startup that builds AI agents to run the phone calls, emails, and scheduling that keep supply chains moving, just raised a $150 million Series C at a $1.2 billion valuation, Fortune learned exclusively. Prysm Capital