Company IPOs, market debuts, direct listings, and trends in going public
Matt Kinsella is channeling his inner Kobe Bryant. Fresh off a double-digit gain in Infleqtion’s first day of trading, the message from the CEO of the newest public quantum computing company is simple...
Anthropic is moving to put the pieces in place for a successful IPO this year. Today, the company announced that Chris Liddel would join its board of directors.
After the close on Thursday, revealed that it received sufficient shareholder support to increase its share count. This approval paves the way for the hydrogen fuel cell company to raise more money v...
Anthropic is now valued at $380 billion, after closing on its latest round of fundraising, taking in $30 billion from a wide range of investors. The Series G round was co-led by D. E. Shaw Ventures, D...
Driven by hundreds of billions of spending by Big Tech on AI infrastructure, demand for electricity has never been higher. One of the few constraints on companies racing to build ever-larger data cent...
Some Elon Musk fans have long envisioned “Musk Inc.” — a tech monolith that brings the companies controlled by the world’s richest man under one giant umbrella. That reality might be more than a fanta...
OpenAI was the first to the generative AI market with ChatGPT, and now it hopes to be the first of its AI startup cohort to pull off an initial public offering, according to a report from The Wall Str...
Given the rise of social media use , dwindling news engagement , and literacy rates becoming more worser , a physical bookseller might be one of the last companies you’d expect to be a buzzy candidate...
Investors can be attracted to themes and seduced by narratives. But there’s nothing as irresistible as a line on a chart that goes up very quickly. That simple fact may help explain the magnitude of t...
PlusAI CEO David Liu sees the trucking industry getting taken over by automation similar to how factories have over the past century. And he sees it saving companies big money. “Think of modern-day fa...
is tumbling in early trading Thursday after the optical communications company announced that it’s raising $150 million through the sale of about 20.7 million shares in a registered direct offering. I...
ADRs are up 5% in premarket trading on Thursday after Bloomberg reported that the cloud and e-commerce giant is preparing to list its chipmaking division, looking to capitalize on strong investor inte...
A new quantum computing company will soon be arriving in public markets. On Tuesday, Infleqtion and filed their S-4 with the US Securities and Exchange Commission, a prerequisite for the former to co...
For years, America has exported its restaurant chains to Asia and the world. Now, those countries are returning the favor, with Chinese giants like Luckin Coffee and Mixue — which opened its first US ...
Just yesterday , we were reading about how was in talks to invest as much as $10 billion in OpenAI, with an eye-popping valuation of more than $500 billion. But those numbers might already be old. A ...
was nearly 3% higher in early trading on Thursday after the crypto exchange said Wednesday it’s launching stock trading and prediction markets in the US — as the company accelerates its push to become...
Recently there’s been a hell of a lot of noise around Elon Musk’s rocket ship and satellite internet company, SpaceX, so much so that employees received an internal email informing them that the busin...
is getting crushed today, and not just because it’s the place where people go to buy AI stocks (which are under big pressure after Oracle’s earnings report). As stocks retreated in November, activity ...
rose Wednesday as Wall Street digested recent reports that CEO Elon Musk’s SpaceX is planning an IPO next year . Analysts at Morgan Stanley upgraded satellite operator EchoStar — the current owner of...
Satellite stocks rose early Monday, riding a wave of excitement about recent reports that Tesla CEO Elon Musk’s satellite startup, SpaceX, is shooting for an $800 billion valuation as it launches a se...