The courtroom drama between billionaires Sam Altman and Elon Musk may be over for now, but their companies’ upcoming IPOs could set the stage for another face-off.

The ChatGPT maker could reportedly file initial paperwork with the SEC this week, with a potential target for a September public debut. Musk’s SpaceX made its IPO filing public Wednesday, and plans to list on the Nasdaq in June.

Altman and Musk cofounded OpenAI together, but the two have since become foes, with a jury this week throwing out Musk’s lawsuit against the firm.

Join us for The First $1 Trillion IPOs, our next member’s panel with Forbes editors featuring a live audience Q&A on May 27, from noon to 1 p.m. EST, and learn more about this new wave of blockbuster IPOs. Register here to get the inside story.

This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here.

Interest rate hikes could be coming if inflation stays above the Federal Reserve’s target, a majority of central bank officials warned in meeting minutes from April that were released Wednesday.

Rupert Murdoch’s youngest son James, who has publicly feuded with his father, is making a major move into the media industry with a $300 million deal to acquire roughly half of left-leaning Vox Media.

The Commodity Futures Trading Commission is investigating a set of oil futures trades made just before President Donald Trump announced a ceasefire extension with Iran, and three, previously unknown targets of their probe were made public Wednesday. The trades earned the companies more than $15 million, according to the Wall Street Journal, though the firms have not been accused of wrongdoing.

Wealth Entrepreneurship

Amazon founder Jeff Bezos, the world’s........

© Forbes