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Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
NewsSeptember 7, 20265 min read

Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison

SpaceX’s $1.77 trillion IPO was, by any measure, historic. Whether it was justified is a different question. Recommended Video Keith Snyder, a senior equity analyst at the Center for Financial…

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Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’
NewsSeptember 7, 20263 min read

Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’

Since its stock market debut on Friday, SpaceX has already hit a valuation of $2.5 trillion, and the company’s got the attention of Australia’s richest person.  Recommended Video Gina Rinehart…

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Gulf private credit opportunities shine amid global volatility 
NewsSeptember 7, 20266 min read

Gulf private credit opportunities shine amid global volatility 

The Gulf’s private credit market remains at a nascent stage of development, relative to global peers, but a confluence of structural forces is accelerating its growth.     Recommended Video Governments across the GCC (Gulf Cooperation Council)…

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U.S.-Iran interim deal: What could a Gulf bounce back look like?
NewsSeptember 7, 20269 min read

U.S.-Iran interim deal: What could a Gulf bounce back look like?

In Fortune Gulf Brief today: U.S.-Iran interim deal and the Gulf’s road to recovery SpaceX’s meteoric IPO: Gulf states reap windfalls Paramount-Warner Bros. merger gets green light U.S. Private Credit…

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Current price of Ethereum for June 16, 2026
NewsSeptember 7, 20269 min read

Current price of Ethereum for June 16, 2026

At 8:45 a.m. Eastern Time on June 16, 2026, one Ethereum (ETH) is priced at $1,815.55. That marks a $30.70 rise from yesterday morning and approximately a $730 decrease compared…

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As SpaceX goes public, a $100 billion shadow market faces a reckoning
NewsSeptember 7, 20268 min read

As SpaceX goes public, a $100 billion shadow market faces a reckoning

A day ahead of the spectacle of SpaceX’s IPO, the much anticipated trillion-plus valuation of the company—a Frankensteined creature of Elon Musk’s dreams and realities—is emerging as an investor Rorschach…

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Current price of Bitcoin for June 16, 2026
NewsSeptember 7, 20268 min read

Current price of Bitcoin for June 16, 2026

At 8:45 a.m. Eastern Time on June 16, 2026, the price of Bitcoin (1 BTC) is $66,449.38. That represents a $72.21 decrease from yesterday morning and about a $40,400 loss…

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Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
NewsSeptember 7, 20264 min read

Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%

Bank of America told investors to “take profits” on June 5, and many of them did. Recommended Video Savita Subramanian’s strategy team flagged seven of the firm’s 10 bear-market signposts—five…

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Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist
NewsSeptember 7, 20263 min read

Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist

Jenny Duan closed her seed round the same week she picked up her diploma. Recommended Video Duan, 21, graduated from Stanford University last weekend with a BS in Symbolic systems.…

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Current price of Bitcoin for June 17, 2026
NewsSeptember 7, 20268 min read

Current price of Bitcoin for June 17, 2026

At 9:15 a.m. Eastern Time on June 17, 2026, one Bitcoin (BTC) is priced at $64,939.99. That’s down $1,509.39 from where it stood yesterday morning and roughly $39,700 lower than…

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1 Patrons watch coverage of the 2024 presidential election at a bar in Philadelphia. A new Reuters/Ipsos poll finds 60% of Americans oppose betting on election results.

Election odds are coming to your TV this fall. 60% of Americans oppose betting on elections

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2 Current price of Bitcoin for Oct. 12, 2026

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Current price of oil as of October 12, 2026

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