SpaceX Prices IPO at $135 a Share, Raising About $75 Billion
Late Wednesday, the order book for SpaceX’s initial public offering had swelled past $250 billion, roughly three times the shares on offer. The company priced the deal at $135 a…
Broadcom, Apollo and Blackstone Open $35 Billion AI Compute Fund
NEW YORK—The term sheet was unusual even by the standards of the AI boom: a chip designer, a private-equity firm built on insurance money and the world’s largest alternative asset…
SpaceX Prepares for Record Debut as Warren Urges SEC Delay
NEW YORK—The price is $135 a share, fixed, take it or leave it. The ticker is SPCX. And the order book, according to people familiar with the matter, has already…
AI Coding Startup Lovable Passes $500 Million in Annualized Revenue
STOCKHOLM — The revenue chart inside Lovable’s office has a shape that most software founders only see in projections: a line doubling roughly every four months since the product’s launch.…
China Warns of AI Agent ‘Skill’ Packages That Jailbreak Models and Mine Crypto
BEIJING — The advisory landed on the website of China’s national computer emergency response center with the clipped, technical tone of a routine warning, but its subject was new. The…
OpenAI, Anthropic and SpaceX Converge on a Record IPO Week
NEW YORK — The roadshow deck that Goldman Sachs bankers carried into investor meetings this month priced SpaceX at a fixed $135 a share, a figure that values the rocket…
Damodaran Declines SpaceX IPO, Calling Price Too High
The most famous valuation professor in America was asked on live television whether he would buy SpaceX at its initial public offering price, and he did not hesitate. “No,” Aswath…
Amazon Unveils Warehouse Robots That Follow Spoken Commands
The instruction came in plain English, and the machine obeyed. Amazon has unveiled the next generation of its Proteus warehouse robots, which respond to natural-language commands, alongside a new robot…
OpenAI Chip Engineer Clive Chan Joins Anthropic
The roster notice was short, but the message carried. Clive Chan, a senior engineer who helped launch OpenAI’s effort to design its own chips, has left the company and this…
ByteDance Says It Won’t Build Cars, Even as the Industry Around It Does
The name sounded like a corporate marriage announcement: Saidou, a blend of Seres and Doubao, ByteDance’s AI assistant, and the market drew its own conclusions. Reports spread that ByteDance, the…
