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From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
For nearly two decades, some of the world's most prominent investors quietly accumulated stakes in SpaceX while the rocket maker remained largely off-limits to the public markets. Now, with Elon Musk's company seeking a valuation of roughly $1.8 trillion in its initial public offering, those early bets are poised to generate some of the largest paper gains in venture capital history. Among the biggest beneficiaries are veteran stock picker Ron Baron, Cathie Wood's Ark Invest and mutual fund...
SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention NEW YORK, June 3 : SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its landmark offering has few if any precedents among major U.S. IPOs, and reflects Musk’s standing in the financial...
The €3trn question: Can markets handle SpaceX, OpenAI and Anthropic all at once?
Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.
Bad Seeing or Bad Thinking? Rewarding Perception for Multimodal Reasoning
Announce Type: replace Abstract: Achieving robust perception-reasoning synergy is a central goal for advanced Vision-Language Models (VLMs). Recent advancements have pursued this goal via architectural designs or agentic workflows. However, these approaches are often limited by static textual reasoning or complicated by the significant compute and engineering burden of external agentic complexity.
History Repeats in Cuba
Subscribe here: Apple Podcasts | Spotify | YouTube | Overcast | Pocket CastsSometimes when President Trump talks about Cuba, he throws in compliments. “They have a nice landscape. You know it’s a beautiful island,” he said during a signing event at the Oval Office in March. “I do believe I’ll be having the honor of taking Cuba. That’s a big honor.” Sometimes he toys with the idea of conquest a little more menacingly, such as when he said at the same event: “Whether I free it, take it—I think...
Elon Musk is steamrolling Wall Street to become a trillionaire
Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...
SpaceX IPO this week: 10 things to know before Musk's firm goes public
SpaceX is preparing for a stock market debut that could become the largest initial public offering in history. The Elon Musk-led company is seeking to raise about $75 billion at a valuation of roughly $1.75 trillion, a figure that would place it among the most valuable publicly traded companies in the world from day one. The offering has already attracted significant investor interest, with reports suggesting demand has exceeded the shares currently available.
Who has been on the Madden NFL cover? Players sinc...
Many football fans and gamers have a collection of Madden NFL boxes on a shelf at home, but with a series spanning over 25 years of annual releases, it's quite the feat to possess the entire lineup -- not to mention the financial investment to get such a full set. Fortunately, a physical collection isn't required for a nostalgic trip down memory lane. After all, a digital photo album does the trick just as well.
My guide to the IPOs of SpaceX, OpenAI and Anthropic — including the one I really want to buy
A couple of years ago, I hit it big at the ponies in an obscure northern track. I met one of the executives there. We took some swell pictures and we now exchange holiday greetings.
The Smart Bird Feeders Everyone’s Talking About (and Actually Buying) (2026)
you’ve probably seen a smart bird feeder or know someone who has one. They’re easily recognizable with their clear housing, cameras, and solar panels. Perhaps a friend or family member has sent you a photo or video of a bright goldfinch or handsome woodpecker (guilty).