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.
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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 […]
Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO
The SpaceX IPO has boosted Musk’s paper wealth to more than $1,000,000,000,000 at a time when he is more hated — and powerful — than ever.
SpaceX opens at $150, an 11% pop for the most anticipated debut in history
The company made its heavily-anticipated debut on Friday, trading higher than its initial $135 IPO price.