Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber has confirmed. The record-setting deal will be the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by…
Owning, a Chicago-based home equity line of credit (HELOC) lender is a newer player in the game — the company was founded in 2018 — but its entirely online process is a plus for customers who want to close their loan from their couch. At CNBC Select, we also love that it offers a fixed-rate…
U.S. President Donald Trump addresses a House Republican retreat at The John F. Kennedy Center for the Performing Arts on January 06, 2026 in Washington, DC. House Republicans will discuss their 2026 legislative agenda at the meeting. Alex Wong | Getty Images President Donald Trump on Wednesday said he “will not permit” defense companies to…
A used car dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop. Jim Watson | AFP | Getty Images Prices of used vehicles are continuing to…
U.S. President Donald Trump walks with Marine One in the background, as he departs for New York City to attend the 80th United Nations General Assembly, at Joint Base Andrews, Maryland, U.S., September 22, 2025. Al Drago | Reuters President Donald Trump on Tuesday appeared to cancel a planned meeting this week with the two…
Well-liked stocks such as Roblox could move sharply higher on the back of their upcoming earnings reports. Second-quarter earnings season is impressing Wall Street. According to FactSet, 80% of S & P 500 companies that have reported so far have posted a positive earnings and revenue surprise for the period, which is above the five-year…
The top-end talent available in the 2026 NFL Draft falls short in comparison to prior years, but I like the depth of this class throughout the first 100 picks — at least at certain positions. The offensive line, defensive line, defensive backfield and wide receiver are the four strongest position groups, with each featuring enough…
Jakub Porzycki | Nurphoto | Getty Images The Federal Communications Commission said on Friday it has approved SpaceX’s request to deploy another 7,500 second-generation Starlink satellites as it works to boost internet service worldwide. The FCC said Elon Musk’s SpaceX can now operate an additional 7,500 Gen2 Starlink satellites, bringing the total to 15,000 satellites worldwide….
The AFC will take center stage to close NFL Week 5 as the Jaguars (3-1) and Chiefs (2-2) battle it out inside EverBank Stadium on Monday Night Football. The contest will be Patrick Mahomes and Trevor Lawrence’s fourth meeting and first since 2023. Both teams boast solid defenses that could decide the game, with the…
NEW YORK — NEW YORK (AP) — The union representing Broadway’s musicians reached a tentative labor agreement with commercial producers on Thursday, averting a potentially crippling strike that would have silenced nearly two dozen musicals. The American Federation of Musicians Local 802 — which represents 1,200 musicians — had threatened to strike if they didn’t…
