Innovation
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Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla
Remember the legal brawl CEO Elon Musk faced over his $56 billion moonshot pay package at Tesla? As SpaceX prepares to go public in a $75 billion initial public offering next week, Musk is pushing the limits of his pay package into a whole other universe, and this time, he’s designed it so that he…
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‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
Jeff Bezos’ Blue Origin said Tuesday that last week’s rocket explosion spared fuel tanks and some other critical parts of the launch pad. Critical to NASA’s Artemis moon program, the company’s massive New Glenn rocket blew up during an engine-firing test at Cape Canaveral Space Force Station. A lightning tower and the transporter-erector used to…
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The elderly and injured are using robots as home care support to help them get around their home
After outliving Booker T. Bones, their second service dog, Brenda and Brian Marquis still needed help with some of the more difficult parts of daily life. They found Robbie, a robot that rolls out of a hallway into their living room several times a day. “Do you want to exercise now? Please answer yes or…
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After Blue Origin rocket explosion, NASA’s entire moon exploration program depends on SpaceX for now as Musk eyes blockbuster IPO soon
With a record-setting IPO in just a few weeks, SpaceX saw its rival in a contest to put astronauts on the lunar surface go up in flames, reinforcing its dominance in the space race and its primacy in NASA’s plans to go back to the moon. On Thursday, a New Glenn rocket belonging to Jeff…
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Ferrari’s $640,000 electric car is getting roasted online—and its former chairman says it risks ‘destruction of a myth’
It’s never a good sign when your former chairman explains that he has to bite his tongue about your much-anticipated major product launch. Former Ferrari president and chairman Luca di Montezemolo was so appalled by the Luce, the Italian luxury carmaker’s first-ever electric vehicle, on Monday in Rome that he told a local TV news…
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America’s manufacturing Achilles’ heel: McKinsey’s warning on rare earths grows louder
The story of Achilles doesn’t begin with an arrow. It begins with a mother who thought she could engineer invulnerability. Thetis dipped her infant son in the River Styx to make him immortal, holding him by the heel — the one place the water never touched. Achilles grew up to be the greatest warrior of…
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Fortune Brainstorm Tech 2026 will be brilliant
I’m so excited for our fast-approaching 25th anniversary Fortune Brainstorm Tech, June 8 to 10 in Aspen. This year’s gathering is really special. For the first time in almost a decade, we’re returning to Brainstorm’s spiritual home. We’ve held this event 16 times in Aspen before; all but four were on the campus of the…
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Jurassic Park isn’t just a movie anymore as de-extinction startup hatches live chicks
A biotech company that aims to resurrect lost creatures said Tuesday it has hatched live chicks in an artificial environment — a development that was met with mixed reviews from scientists and critics of its de-extinction mission. Twenty-six baby chickens — ranging from a few days to several months old — were born from a…
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SpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
The biggest IPO ever is just a few weeks away as reports say SpaceX has accelerated its timeline for coming public, and investors are cheering the company’s lofty ambitions. Elon Musk’s rocket and satellite giant, which recently merged with his AI startup, expects to price its IPO as soon as June 11, with a trading…
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UFO files show Buzz Aldrin saw a ‘sizeable’ object close to the moon and a ‘fairly bright light source’ that the Apollo 11 crew felt could be a laser
Buzz Aldrin observing a “fairly bright light source” while aboard the Apollo 11. A mysterious object making “multiple 90-degree turns” at a speedy clip. A blaringly bright object doing corkscrew twists over the skies in Kazakhstan. Those are some of the details in a new batch of files on UFOs that the Pentagon began releasing…