Tim Cook steps down as Apple CEO, stays on as chair with $45M equity
The 'Trump whisperer' keeps his White House and Beijing access as Apple navigates tariffs and a $4.6 trillion market cap.

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The 'Trump whisperer' keeps his White House and Beijing access as Apple navigates tariffs and a $4.6 trillion market cap.
Citigroup projects a $12 trillion market cap for SpaceX, but banks' lofty price targets ignore the company's struggle to reach public-market exit velocity. Here's what the research really says.
CNBC says SpaceX’s shares surge following its IPO Friday, forcing investors to reprice what “space” and “AI” are worth.
Market cap, Musk wealth, and retail mechanics collide with acquisition-driven AI spend and looming investor scrutiny.
The IPO flips expectations: a rocket company lands among megacaps even while revenue is far smaller.
A fixed $135 IPO roadshow price would put SpaceX at $1.75 trillion, a milestone that reshuffles how founders, boards, and public-market investors compare private and listed giants.