Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family

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Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family

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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