Report: SpaceX posted $18.5 billion in revenue and a $5 billion loss last year
All eyes on are SpaceX as it prepares for a blockbuster IPO as soon as this summer , and everyone is eager to get a look at the company’s official numbers for the first time. The Information is report...
Report: OpenAI on track to burn $85 billion in 2028, expects profitability by 2030
Anthropic and OpenAI are racing to go public this year, and all eyes are on how long they can sustain burning billions in cash before they achieve something that looks like a viable business. Investor...
OpenAI’s Altman and Friar reportedly disagree on IPO timing and AI compute spending commitments
Money can’t buy C-suite harmony. Fresh off booking $122 billion at a valuation of $852 billion , OpenAI’s top brass reportedly have a difference of opinion on how quickly the ChatGPT maker should purs...
SpaceX reportedly files confidentially for IPO
SpaceX confidentially filed its draft IPO paperwork with the Securities and Exchange Commission, Bloomberg reports, citing people familiar with the matter, the next step toward what is expected to be ...
OpenAI to be added to ARK’s ETF lineup after completing funding round with $852 billion valuation
The ARK of the investment universe is long, but it bends toward Cathie Wood’s funds holding the buzziest companies. ARK Investment Management will be adding exposure to OpenAI in three of its ETFs: th...
Fundrise’s venture fund falls amid concerns about valuation gap
, a publicly traded venture capital fund with stakes in private companies like Anthropic and SpaceX, is coming back down to earth after swelling to more than 25x the value of its assets early this wee...
Report: SpaceX’s record IPO may grant preferential access to retail investors and Tesla shareholders
SpaceX’s impending IPO could raise $40 billion to $80 billion and rank as the largest ever — as well as one of the most unconventional. The Wall Street Journal reports several ways CEO Elon Musk is co...
SpaceX isn’t just expensive — it’s in a different orbit
When Elon Musk’s SpaceX files to go public, which reportedly might happen as soon as this week, the company could raise a record $75 billion at a potential valuation of more than $1.75 trillion . At t...
Fundrise’s venture fund extends rally, trading more than 2 dozen times above asset value
, a publicly traded venture fund that owns stakes in private companies like Anthropic, OpenAI, and SpaceX, is continuing to rally as the gap between the value of its stock price and its underlying a...
EchoStar jumps on report SpaceX plans IPO filing as early as this week
jumped early Wednesday on a fresh report about the supposedly imminent IPO filing from CEO Elon Musk’s commercial space behemoth, SpaceX. The satellite stock, which was added to the S&P 500 on Monday...
Fundrise’s venture fund, which owns private tech giants like Anthropic and SpaceX, surges as retail investors pile in
, a publicly traded venture fund that owns some of the biggest names in private tech, is up more than 750% since it went public last week. The fund, which bills itself as a “ public ticker for private...
Rocket Lab drops after announcing at-the-market offering to sell up to $1 billion of equity
What goes up must come down, and that’s exactly what’s happened with shares over the last day or so. Following a rally that saw the stock rise more than 10% on Tuesday, Rocket Lab shares came back do...
AI drone company Swarmer soars on IPO debut
AI drone software company soared 520% on Tuesday, its first day as a public company, and shares continued to climb in premarket trading on Wednesday. Swarmer sold 3 million shares at $5 each, raising...
Carvana announces plans for a 5-for-1 stock split, the company’s first
Online car retailer said on Friday that its board has approved a 5-for-1 stock split, a first for the company. Carvana shares climbed more than 2% in premarket trading on Friday. Per the company’s an...
How Tesla quietly wound up owning a small piece of SpaceX
is converting its recent $2 billion investment in Elon Musk’s AI company, xAI, into a small ownership stake in SpaceX — just months before the rocket maker’s highly anticipated IPO. Here’s what happen...
Bumble soars on better-than-expected Q4 and strong first-quarter profit outlook
surged more than 20% in premarket trading on Thursday after the dating app operator posted better-than-expected Q4 results and provided Q1 profit guidance that also beat estimates, powered by its ongo...
Reuters: SpaceX wants a Nasdaq listing — with early Nasdaq 100 access
SpaceX is leaning toward listing what’s potentially the biggest IPO of all time on the Nasdaq, Reuters reports , contingent on early inclusion on the exchange’s Nasdaq 100 Index. Typically companies h...
SpaceX to expand Starlink’s mobile coverage as it seeks $1.75 trillion IPO valuation
At the Mobile World Congress keynote Monday morning, SpaceX President Gwynne Shotwell and Starlink VP of Engineering Michael Nicolls said the company plans to offer broadband-level cellular service th...
Hinge Health’s CEO is sizing up a giant market opportunity for digital healthcare
It’s been less than a year since digital physical therapy startup went public last May. But those months have been volatile, with the stock soaring to roughly double its IPO price before nose-diving....
Figure Technology rises amid big appetite for its blockchain-native share offering
is rising in early trading after upsizing its secondary offering of “blockchain native” shares. The offering is priced at $32, roughly a 13% discount to Tuesday’s closing price and below any closing p...