SpaceX’s initial public offering is well oversubscribed, according to Bloomberg, with order books set to close on Monday ahead of a pricing expected on Wednesday and first trading on Nasdaq on Thursday. The $75 billion raise at $135 a share would be the largest IPO in history, eclipsing Saudi Aramco’s $29.4 billion listing in 2019. […]<br /> This story continues at The Next Web [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI — were merging, and would jointly launch a constellation of 1 million satellites to operate as orbital d [...]
SpaceX and AI company Cursor have struck a new partnership that could see the owner of X buy the AI company for $60 billion later this year. "SpaceXAI and @cursor_ai are now working closely t [...]
SpaceX’s initial public offering has attracted institutional orders for multiple times the available shares, according to people familiar with the matter. Multiple investors have individually placed [...]
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]