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SpaceX cuts retail IPO allocation to low 20% range, source says
Macro

SpaceX cuts retail IPO allocation to low 20% range, source says

The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.

cnbc.com · Jun 11, 2026 · 1 min read
SpaceX to close above $2 trillion market cap on its debut, prediction market traders say
Macro

SpaceX to close above $2 trillion market cap on its debut, prediction market traders say

Traders on Polymarket think it's likely SpaceX will join a group of just six companies boasting a market value beyond $2 trillion.

cnbc.com · Jun 11, 2026 · 1 min read
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
Macro

American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices

"No one has ever built a new stadium and made tickets cheaper. No one’s trying to.”

fortune.com · Jun 11, 2026 · 1 min read
Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it
Macro

Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it

The $5.3 billion ambient AI startup is expanding from clinical notes into billing, drug trials, and real-time insurance claims.

fortune.com · Jun 11, 2026 · 1 min read
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
Macro

From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards

With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.

cnbc.com · Jun 11, 2026 · 1 min read
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
Macro

Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare

The U.S. defense industry must leverage private venture capital and dual-use technologies, leading technology executives and venture capitalists said at Brainstorm Tech 2026.

fortune.com · Jun 11, 2026 · 1 min read
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
Macro

Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

fortune.com · Jun 11, 2026 · 1 min read
As SpaceX goes public, a $100 billion shadow market faces a reckoning
Macro

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

SpaceX’s public debut could kick off months (or even years) of reckoning in the venture secondaries market, the pre-IPO Wild West.

fortune.com · Jun 11, 2026 · 1 min read
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say
Macro

The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say

At Fortune Brainstorm Tech, industry experts discussed why practices like measuring hours saved is the wrong KPI for the AI age.

fortune.com · Jun 11, 2026 · 1 min read
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
Macro

After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns

Anthropic’s latest model previously downgraded certain user requests quietly and without warning.

fortune.com · Jun 11, 2026 · 1 min read
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
Macro

Inflation is roaring back globally, 2022 style. The Iran war is only half the problem

Europe, China and the U.S. are straining to meet the demands of the AI boom

fortune.com · Jun 11, 2026 · 1 min read
Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor
Macro

Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor

The yellow metal is at lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.

cnbc.com · Jun 11, 2026 · 1 min read
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
Macro

Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff

At Fortune's Brainstorm Tech conference, Booking Holdings CEO Glenn Fogel described the AI travel agent he wants to build, while Ryan Serhant shared how ChatGPT nearly ruined a $50 million deal.

fortune.com · Jun 11, 2026 · 1 min read
More than 115K young people applied for internships at Citadel—just 350 interns made the cut, making the acceptance rate a record low of 0.36%
Macro

More than 115K young people applied for internships at Citadel—just 350 interns made the cut, making the acceptance rate a record low of 0.36%

Financial holding giant Citadel is recruiting more entry-level talent for its internship than ever before. It’s a welcome opportunity in a dire market for Gen Z.

fortune.com · Jun 11, 2026 · 1 min read
Olympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes
Macro

Olympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes

“This is really going to be accessible for everyone,” the three-time gold medalist said at Fortune’s Brainstorm Tech conference.

fortune.com · Jun 11, 2026 · 1 min read
Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo
Macro

Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo

In Brazil, home of soccer-mad fans and the five-time world champions, the only way to watch all 104 games of the World Cup will be through a streaming platform anchored by an influencer. Elsewhere, users will get to see parts of matches liv

fortune.com · Jun 11, 2026 · 1 min read
Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval
Macro

Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval

Jack Forestell said the quiet part out loud. A thousand small purchases from now, your AI agent asks: "Do you want me to just not check?"

fortune.com · Jun 11, 2026 · 1 min read
Chevron’s CFO on why finance chiefs are defining AI’s business value
Macro

Chevron’s CFO on why finance chiefs are defining AI’s business value

Eimear Bonner, a former CTO, explains how the finance organization is using AI.

fortune.com · Jun 11, 2026 · 1 min read
Current price of oil as of June 11, 2026
Macro

Current price of oil as of June 11, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

fortune.com · Jun 11, 2026 · 1 min read
SpaceX is about to make history—and 80% of VCs won’t see a dime of it
Macro

SpaceX is about to make history—and 80% of VCs won’t see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

fortune.com · Jun 11, 2026 · 1 min read
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
Macro

T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

Everything you need to know before you reach the office this morning.

fortune.com · Jun 11, 2026 · 1 min read
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
Macro

Social Security and Medicare are heading toward insolvency. Congress has 6 years to act

Trust fund exhaustion by 2032–2033 could trigger automatic benefit cuts — there is a bipartisan path to prevent it.

fortune.com · Jun 11, 2026 · 1 min read
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
Macro

‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI

Also: All the news and watercooler chat from Fortune.

fortune.com · Jun 11, 2026 · 1 min read
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
Macro

Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain

Read about the definitive list of the most important names in crypto, from Coinbase to Franklin Templeton to Hyperliquid.

fortune.com · Jun 11, 2026 · 1 min read
South Korea fines Coupang record $409 million for data breach
Macro

South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

fortune.com · Jun 11, 2026 · 1 min read
SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $72-per-share leap of faith
Macro

SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

fortune.com · Jun 11, 2026 · 1 min read