Stocks

Ron Baron, who reportedly owns a $1.7 billion stake in SpaceX, also expects the company to be worth $250 billion to $300 billion by that time.

Bumble cofounder Whitney Wolfe Herd will step down as the dating app company’s chief executive, the firm announced Monday morning, as the former billionaire Wolfe Herd slides into a new role while Bumble’s growing pains as a public company continue.

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

Alphabet brought in a robust $59.6 billion in ad revenue last quarter but Wall Street soured on weaker than anticipated profits in the company’s cloud business.

General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker.

These 24 billionaires lost a combined $43 billion—and their spot among the nation’s wealthiest people.

Rupert described his eldest son as a “passionate, principled leader” in a statement naming his successor.

New York-based footwear and apparel retailer Foot Locker Inc. reported weaker than expected second-quarter earnings amid elevated promotional activity and weak consume…

The largest IPO in 22 months, Arm opened with a $54.5 billion market capitalization.

The IPO could be valued at more than $8 billion, according to Bloomberg,