A year after President Joe Biden s significant climate legislation pledged substantial funding for the U.S. s transition to clean energy, the sector has seen a sharp $30 billion decline in the value of its stocks over the past six months.
Kam Ghaffarian isn’t a household name. But unlike Elon Musk and Jeff Bezos who made fortunes elsewhere first, Ghaffarian actually got rich by shooting for the stars. His long-term plan? The first for-profit space station, opening by 2031.
By Rob Curran Ares Acquisition Corp. and X-Energy Reactor Co. terminated their merger agreement, which would have seen the special-purpose acquisition.