SpaceX shares surged in its first day of trading, propelling the company's market capitalization above $2 trillion and making CEO Elon Musk a trillionaire. The stock opened at $1,200 and rocketed higher, reflecting investor enthusiasm for the aerospace leader's dominance in launch services and Starlink internet.
Meanwhile, in healthcare AI, Abridge has teamed up with Nvidia to develop a clinical foundation model, with strategic investment from pharmaceutical giant Eli Lilly. The partnership aims to leverage Nvidia's computing power and Abridge's medical expertise to create AI tools that can analyze patient data, assist in diagnosis, and streamline clinical workflows.