finance

JTBC Co. Ltd., the broadcaster owned by South Korea’s media giant JoongAng Group, defaulted on securitized loans and was downgraded to junk by a local ratings firm, triggering a series of rating cuts across the conglomerate.

Johnsen, SpaceX’s longest-tenured and only CFO, is now worth about $1.4 billion.

JTBC Co. Ltd., the broadcaster owned by South Korea’s media giant JoongAng Group, defaulted on securitized loans and was downgraded to junk by a local ratings firm, triggering a series of rating cuts across the conglomerate.

Barry speaks with Jean Eric Salata, chair of EQT group. They discuss his time working in Asian private equity investment along with what he sees as necessary to become a good investor across different cultures including what he learned in Japan and Hong Kong. (Source: Bloomberg)

On "Forbes Talks," Forbes Executive Editor Luisa Kroll and Forbes Reporter Matt Durot discuss Elon Musk becoming the world's first trillionaire after the IPO of SpaceX.

The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.

Barry speaks with Jean Eric Salata, chair of EQT group. They discuss his time working in Asian private equity investment along with what he sees as necessary to become a good investor across different cultures including what he learned in Japan and Hong Kong. (Source: Bloomberg)

SpaceX set a fixed price of $135 per share in the leadup to its IPO on Friday, placing its valuation at $1.77 trillion. Shares rallied more than 25%.

The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.

Barry speaks with Jean Eric Salata, chair of EQT group. They discuss his time working in Asian private equity investment along with what he sees as necessary to become a good investor across different cultures including what he learned in Japan and Hong Kong. (Source: Bloomberg)