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Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public

A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.

© Meridith Kohut for The New York Times

The SpaceX launchpad in South Texas in June 2024. The company said in a letter to employees on Friday that it could go public in 2026.
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Trump’s Interest in Warner Bros. Deal Weighs On Justice Department

President Trump’s unusual decision to involve himself in the government’s review of the deal puts pressure on his antitrust chief.

© Pete Kiehart for The New York Times

Gail Slater is in charge of the Department of Justice’s antitrust division, which is expected to handle the government’s review of a Warner Bros. deal.
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Who Is Andrew Ferguson, the FTC Chairman Who Tilted the Agency to Trump?

Andrew Ferguson has used the Federal Trade Commission’s consumer protection mandate to investigate issues important to President Trump and his base.

© Al Drago for The New York Times

Andrew Ferguson, the chairman of the Federal Trade Commission, during a House Appropriations Subcommittee on Financial Services and General Government hearing in May.
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Meta’s Victory Opens the Way for Silicon Valley to Go Deal Shopping

To avoid regulatory scrutiny, big tech companies had steered clear of buying start-ups outright. Meta’s antitrust win may change that thinking.

© Jason Henry for The New York Times

Mark Zuckerberg, Meta’s chief executive, in September. On Tuesday, a federal judge found Meta had not violated antitrust law by buying Instagram and WhatsApp when they were tiny start-ups.
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Meta Did Not Violate the Law When It Bought Instagram and WhatsApp, a Judge Rules

Meta’s acquisitions of Instagram and WhatsApp did not illegally stifle competition in social networking, a judge found, a major win for the tech giant.

© Jason Henry for The New York Times

Meta has defended itself by saying that it faces plenty of competition from rivals, including TikTok and YouTube, and that it benefited the nascent apps with bountiful resources.
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With Acquisition, Kimberly-Clark Bets That Tylenol Can Weather the Storm

The consumer products giant reached a $40 billion deal to buy Kenvue, the maker of Tylenol, despite a barrage of unproven claims from President Trump and others that use of the pain reliever during pregnancy can cause autism.

© Justin Sullivan/Getty Images

Kimberly-Clark is gambling that it can outlast the Trump administration’s Tylenol-autism warnings. Kenvue has a broader portfolio of brand-name products like Band-Aid and Neutrogena.
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