Elon Musk's SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability. (Source: Bloomberg)

SpaceX’s Starship lifts off in a test of a new rocket designed to deliver Elon Musk’s ambitions for human space travel, satellite internet and data centers in orbit. Ed Ludlow reports. (Source: Bloomberg)

Zoom Communications Inc., the videoconferencing company, has netted about $1 billion on an investment it made in artificial intelligence startup Anthropic PBC in early 2023.

New York City Comptroller Mark Levine discusses the governance concerns over the SpaceX IPO. He talks about the potential legislative changes that could be made to curb these mega-IPOs. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)

Qualcomm's head of Automotive, Robotics and IoT Businesses Nakul Duggal said that the new vehicle technology partnership the semiconductor company announced with Stellantis will allow the automaker to modernize technology across the board and move fast as the automation and self-driving landscape grows. Duggal said that the automotive industry is moving quickly and he sees more intelligent cars becoming out over the next few years. (Source: Bloomberg)

The Trump administration continues to weigh US tariffs on imported semiconductors to boost domestic chip manufacturing, though there are no immediate plans to impose any new levies, US Trade Representative Jamieson Greer said.

Blue Origin, the aerospace company founded by billionaire Jeff Bezos, will invest $600 million to expand its Rocket Park campus in Cape Canaveral, Florida, according to a statement from Governor Ron DeSantis.

The AI boom is humbling the humans trying to navigate the markets it increasingly distorts.