Forbes Topline

DoorDash is acquiring its competitor Instacart for $17 billion, the company announced Thursday. A majority of the deal will be paid in cash and shareholders will have the option to receive cash, DoorDash stock or a combination of both.

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Elon Musk’s xAI, which is under fire from the NAACP for impacts to locals in Mississippi caused by gas turbines powering data centers, is reportedly offering to buy hundreds of nearby homes if their owners promise not to join a class-action nuisance lawsuit over noise pollution they say is “torturous.”

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Anthropic’s 335-page initial public offering document filed Monday was packed with revelations about the firm’s internal workings and new insights into its customer base—including warnings about AI safety and misuse, revenue and safety-related expenses for its top executives as Claude’s maker prepares to go public.

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Tyler Shultz, a former Theranos employee who blew the whistle on the ill-fated biotech company, alleged its founder and convicted fraudster Elizabeth Holmes “misled” Nathan Fielder about the technology her company developed in a key scene in his new documentary, “You Can See Everything.”

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Elon Musk on Monday announced he plans to give every child in America one share in his aerospace and AI company SpaceX next year, shortly after he criticized rival Anthropic’s plan to pledge 5% of its shares to a public benefit fund and urged the company to distribute its shares directly to the public.

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The decision to restrict Ukraine’s use of Starshield, the military-grade version of SpaceX’s Starlink internet service, came from inside the White House, Reuters reported Thursday, a day after SpaceX CEO Elon Musk said any restrictions on the system are “ultimately” determined by President Donald Trump, who separately called out Kyiv’s resumptions of strikes on Russian energy facilities.

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President Donald Trump collected $333 million in private donations to pay for his ballroom project, with the largest donations coming from tech companies and two billionaires, according to a new report.

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Ukrainian officials said Wednesday that Elon Musk’s SpaceX had imposed restrictions on its military use of the Starlink satellite internet service without warning, disrupting frontline drone operations, amid growing tensions between Kyiv and Washington over President Donald Trump’s declaration of an “energy ceasefire” in the war with Russia.

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Trillionaire Elon Musk has already spent more than $276 million on races in the November midterm elections since July alone, according to federal election filings and numbers reported Monday by The New York Times, making the Tesla CEO the biggest midterms donor thus far as he works to prop up Republicans across the country—and attracts controversy.

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Michael Dell’s net worth briefly leaped by more than $10 billion in the hours after markets opened on Tuesday, placing him just behind Google co-founder Larry Page as the fourth-wealthiest person in the world after the S&P 500 hit a fresh record amid a larger stock surge.

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