Tag: Venture capital
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Here are 5 wild stats from SpaceX’s first week on the Nasdaq
SpaceX’s first few days of trading have been filled with superlatives, from trading volume to the size of the company’s first acquisition.
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SpaceX adds longtime Elon Musk ally Roelof Botha to board
Roelof Botha, who worked with Elon Musk at PayPal in the dot-com era before becoming a prominent venture capitalist, is joining the SpaceX board.
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SpaceX gets assist from DOJ in effort to toss NAACP air pollution lawsuit
The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk’s xAI, now owned by SpaceX.
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SpaceX is way ahead of competitors with Starlink, but growth is harder heading into IPO
Heading into its IPO, SpaceX’s only profitable business is Starlink. But there are red flags for investors.
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Ex-Andreessen Horowitz partner slams his old firm, other VCs for ‘political infiltration’ around AI
John O’Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to “intimidate politicians.”
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Silicon Valley’s new buyout playbook is hitting Wall Street
Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside.
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Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
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Vibe coding phenomenon lifts AI startup Supabase to $10.5 billion valuation
Database startup Supabase announced a $500 million funding round that values the company at $10.5 billion, including the fresh capital.
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Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents
Morgan Stanley’s move is one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.
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