Meta Platforms

Meta Platforms, formerly known as Facebook, is a social media and technology conglomerate that operates various platforms including Facebook, Instagram, WhatsApp, and Oculus VR. Led by CEO Mark Zuckerberg, the company has become a household name and has divisions dedicated to advertising, virtual reality, and more. Competitors in the space include Google, Twitter, TikTok, and Snapchat.

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Art: Clark Miller

SpaceX’s CFO Is the Quiet VIP of a Wild IPO

By Theo Wayt and Valida Pau · Jun 5, 2026 9:36am PDT

Over the last few months, SpaceX’s chief financial officer, Bret Johnsen, has been trying to pull off an intense two-part challenge: Fold xAI into SpaceX—the biggest merger ever—and then take the combined company public at $75 billion in the largest IPO ever. Johnsen, 57, has gotten it done by keeping his customary cool. Inside... Over the last few months, SpaceX’s chief financial officer, Bret Johnsen, has been trying to pull...

Art By Clark Miller.

How xAI Went From Chasing Anthropic to Powering It

By Grace Kay · Jun 5, 2026 6:00am PDT · 1 comment

SpaceX’s AI lab has had a chaotic year so far, churning through leaders and staff before bringing in outside help in an effort to catch up to Anthropic in coding. What isn’t widely known, however, is that xAI has played a long-running cat-and-mouse game with Anthropic as it has sought to tap into that lab’s technology to develop its own... SpaceX’s AI lab has had a chaotic year so far, churning through leaders and staff before bringing...

Elon Musk. Getty Images.

Where Musk and Altman See Eye to Eye

By Martin Peers · Jun 4, 2026 5:01pm PDT

Elon Musk and Sam Altman don’t often see eye to eye, as they made clear in their recent legal dispute. But when it comes to making outlandish projections about future growth, the two men seem to share a common philosophy.As we reported earlier on Thursday, SpaceX’s lead bank on its upcoming IPO, Goldman Sachs, has told investors it expects... Elon Musk and Sam Altman don’t often see eye to eye, as they made clear in their recent legal...

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Meta Platforms to Lay Off Hundreds

By Jyoti Mann · Mar 25, 2026 6:36am PDT

Meta Platforms will lay off a few hundred people across the company on Wednesday, according to two people familiar with the matter, part of a broader effort to overhaul the company for work in the AI age. The cuts will affect staffers in Reality Labs — the division behind its hardware platforms and wearables — as well as across its... Meta Platforms will lay off a few hundred people across the company on Wednesday, according to...