SpaceX president Gwynne Shotwell just gave another hint at a Tesla merger
A SpaceX-Tesla merger seems inevitable.
The world’s first trillionaire is a killer
Elon Musk’s SpaceX IPO will probably make him the richest person to ever walk the planet. And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk’s actions directly led to the deaths of hundreds of thousands of people. He did it knowingly. And, […]
SpaceX shares soar 30% midday, vaulting it to top six most valuable U.S. companies
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.
Mistral is rumored to be raising €3B at €20B valuation
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.
Google sues alleged Chinese cybercrime operation that used AI to send scam texts
The tech giant said a group called “Outsider Enterprise” used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a span of two weeks.
Siri is good now??
You’d be forgiven for thinking this day would never come. Siri has spent a decade and half somewhere between “sort of useful at a few things” and “utterly disastrous, why did I even try, can it honestly not even set a timer.” But the wildest thing just happened: Apple put out a new version of […]
A trillion dollars is a stupid amount of money
Elon Musk is now officially the world’s first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale – a thousand times more than a billion – is difficult to fathom for those of us who aren’t among the 3,363 billionaires that currently exist in our […]
Elon Musk is the world’s first trillionaire
Elon Musk’s net worth has passed the trillion-dollar mark after SpaceX’s IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]
SpaceX, Anthropic, and OpenAI’s hot IPO summer
The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]