… OpenAI has been preparing to go public for months, but reports have surfaced that certain executives, namely CFO Sarah Friar, haven’t been as gung-ho about the fast-tracked IPO as CEO Sam Altman, due to missed revenue targets and user growth numbers, and concerns that OpenAI won’t be able to pay fo… …
… Elon Musk’s SpaceX — which owns xAI and also has a newly minted deal with Anthropic that has the latter paying $15 billion per year to use SpaceX data centers — is currently set to raise $80 billion in its public debut, which would make it the largest IPO in history. …
… Well, now we’re going to ask you to answer for your crimes, which is what the Decoder audience really wants me to do, I guess. Speaking of crimes, we’re going to talk about the SpaceX IPO. Elon Musk has obviously filed to take SpaceX public. …
… Are they going to be able to retain what makes them a unique and special company by going public?” It’s hard to speculate on the financial future of SpaceX because the company is so opaque from the outside. …
I haven’t seen anything as stupid as the WeWork IPO document in a very long time — that is, until Elon Musk filed to take SpaceX public. WeWork was a joke. SpaceX is a threat. And if Musk and his bankers have their way, you are going to be their bagholder. …
… Reportedly, even OpenAI’s CFO doesn’t believe the company is ready to go public in 2026 due to its sizable spending commitments. Other executives have nevertheless expressed a desire to beat Anthropic to the public market. Any scandalous information about OpenAI’s C-suite could derail the IPO. …
… EV sales Cadillac Stevie Bonifield May 8 Lime’s e-scooter and e-bike business is going public, after years of delays. As Bloomberg reports, Lime finally filed for an IPO on Friday, five years after it originally announced plans to go public. …
… In response, Dealbook analyst Harrison Rolfes issued a note explaining that OpenAI likely won’t go public this year. OpenAI is racing to beat Anthropic and Musk’s xAI, which has been subsumed by SpaceX and is trying to IPO this summer. …
… Public servants need not be our priests. Any business that compensated its employees in the way that the federal government compensates public servants would struggle to survive. …
… The removals — which follow the Trump administration’s previous data purging efforts — target all posts prior to the president returning to office in January 2025, with a goal to “limit confusion on US government policy,” A spokesperson told NPR that the department’s X accounts “are one of our most… …