As last week was coming to an end, the US government Anthropic forced to recall two of its latest modelsFable 5 and Mythos 5, citing national security concerns after Amazon researchers reportedly found a way to bypass Fable 5’s guardrails. Cybersecurity researchers have Since an open letter has been signed Calling the move dangerous, Anthropic…
Former Sequoia Capital managing partner Roelof Botha is joining SpaceX’s board of directors, less than a week after going public in the company’s largest-ever IPO. spacex announced The appointment was made in a filing with the Securities and Exchange Commission on Wednesday. It said Botha was appointed “to fill the existing vacancy on the Board”…
SpaceX overtook Amazon to become the world’s fifth most valuable company, with its share price rising 20% on Monday and more than 8% in early trading on Tuesday, giving it a valuation of more than $2.7 trillion. That’s despite Amazon making a $78 billion profit in 2025 on $717 billion in sales last year, while…
SpaceX has Agreed AI coding startup Cursor will be acquired in a $60 billion stock deal just days and less than two months after the space company’s historic IPO. Announcement of alliance between the two. The deal is meant to help SpaceX’s AI division — which is built around Elon Musk’s AI company XAI, which…
SpaceX’s historic IPO just got super-sized, after underwriters of public offering Use His option to purchase the maximum amount of shares – bringing the total amount raised to $85.7 billion. Elon Musk’s space-and-AI company initially raised $75 billion, enough to make it the biggest IPO windfall ever. SpaceX has said that it plans to use…
May all eyes be on spacex ipo – the world’s largest in history – and its CEO Elon Musk. But lest you forget, there is another publicly traded company in the Musk universe that many believe will someday merge with SpaceX. We are talking about Tesla, a company whose current market cap is around $1.26…
Robinhood said it saw “record-breaking” traffic on its trading platform on Friday following SpaceX’s historic public market debut. The company shared a post on x That “some customers experienced trading delays and intermittent issues”, but the platform quickly recovered. SpaceX shares began trading on the Nasdaq stock exchange at approximately 11:47 a.m. ET. Those shares…
The IPO market is back, and it’s no longer led by the same companies. FAANG performed well, but a new acronym is dominating: MANGOS – Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI and SpaceX. Half of that group is going to the public markets in the same window, and it’s…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images Friday’s hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a “referendum” on Elon Musk’s leadership, according to market watchers. Musk’s eye-watering $1.75 trillion valuation target reflects a price-to-earnings…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images SpaceX filed for an initial public offering a week ago, and Elon Musk is already creating confusion. Days before the reusable rocket maker is scheduled to start pitching its story to investors, Musk took to social…
