SpaceX just filed for what could be the biggest IPO ever
… For months, rumors have swirled that SpaceX was preparing a historic market debut, with whispers of a $1.75 trillion valuation and a record-shattering $75 billion raise. …
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Grok schlock panned by fed flock
… The thing to understand here is not particularly complex: Musk has spent billions building a chatbot that is not very good, not very popular, and somehow key to justifying SpaceX’s astronomical valuation. …
Larry Ellison’s betting everything on OpenAI. Will it pay off or pop the bubble?
… OpenAI’s most recent funding round gave it a valuation of more than $850 billion. Granted, valuations are more art than science, but it’s also the case that if OpenAI were to IPO with that valuation, it would be valued at 28 times its projected 2026 revenue. …
Why Jonah Peretti sold BuzzFeed
… That’s quite an ambition, and I was very curious about what it specifically means. …
Ronan Farrow on Sam Altman’s “unconstrained” relationship with the truth
… You could have a more robust set of national security review mechanisms for the kinds of Middle Eastern infrastructure ambitions that Sam Altman was pushing. …