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SpaceX's $135 Share Price Marks Historic IPO Milestone

A Landmark in Commercial Space SpaceX has officially priced its shares at $135, marking the beginning of what is being described as the largest initial public offering in history. The pricing represents a watershed moment for the commercial space industry, signaling both the maturation of private spaceflight and the willingness

SpaceX Sets IPO Price at $135 Per Share, Valuation Reaches $75 Billion

Overview SpaceX, the aerospace company founded by Elon Musk, has priced its initial public offering at $135 per share, valuing the company at approximately $75 billion. This pricing positions the offering as a significant event in the space exploration sector. Key Details * Share Price: $135 per share * Total Valuation: $75

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Jeff Bezos's Prometheus Raises $12B to Build AI for Physical World Engineering

Jeff Bezos-backed startup Prometheus has raised $12 billion in a new funding round, the company announced this week. The substantial investment values the physical AI startup at $41 billion as it pursues its ambitious goal of building an "artificial general engineer" for the physical world. The company aims

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Elon Musk Shares Posts from Hard-Right UK Party Following Belfast Incident

Elon Musk has amplified posts from Restore Britain, a hard-right populist political party in the UK, following a knife attack in Belfast, Northern Ireland on Monday. Musk reposted statements from party leader Rupert Lowe calling for large-scale migrant deportation, including language Lowe used to describe certain groups. Musk added "

Jeff Bezos' AI Startup Prometheus Secures $12 Billion in Funding

Jeff Bezos has entered the AI arena with his startup Prometheus, which has secured a massive $12 billion funding round, according to an exclusive interview with CNBC. The investment represents one of the largest single funding rounds in the rapidly expanding AI sector, highlighting continued investor appetite for artificial intelligence

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xAI Faces Lawsuit Alleging Retaliation Against Engineer Who Raised Grok Safety Concerns

Background A former engineer at xAI, Elon Musk's artificial intelligence company, has filed a lawsuit alleging wrongful termination. The engineer claims he was fired after raising safety concerns about Grok, xAI's flagship AI assistant. Key Allegations According to the lawsuit, the engineer brought forward concerns about

OpenAI Sets Sights on Stock Market Debut, Intensifying Race with Anthropic

OpenAI Eyes Public Markets OpenAI, the company behind ChatGPT, has announced plans for a stock market debut according to recent reports. The decision marks a significant shift for the AI company, which has operated largely through private funding rounds. Competition with Anthropic The planned IPO sets up a new competitive