Elon Musk in the Oval Office at the White House on May 21, 2025.Elon Musk in the Oval Office at the White House on May 21, 2025.
Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family
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Good morning. On Fortune’s radar today:
- Elon Musk is planning a $3.75 billion windfall for SpaceX insiders.
- Markets: Global selloff as traders cash out of tech stocks.
- Ray Dalio: Yes, AI is a bubble. Get used to it.
- Tomorrow’s jobs report could force the Fed to raise interest rates.
- Trump signals restraint in Iran war.
- We have a theory about the mysterious men sneaking in and out of New York’s sewers in the middle of the night.
This story was originally featured on Fortune.com
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