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  • SpaceX overtakes Amazon to become world’s fifth most valuable company

    Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup Cursor SpaceX has overtaken Amazon to become the world’s fifth most valuable company days after its stock market debut. The milestone came as Elon Musk’s company agreed to buy the startup behind the AI-powered coding app Cursor for…

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  • TikTok signs Trump-backed deal to avoid US ban

    Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderation Business live – latest updates US politics live – latest updates TikTok has reached a deal to form a joint venture that will allow it to continue operating in the US, five years after Donald Trump threatened…

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