Bloomberg:
Sources: SpaceX is planning an IPO in mid-to-late 2026, seeking to raise well above $30 billion and targeting a valuation of around $1.5 billion, which would potentially make it the largest IPO ever.— SpaceX is moving forward with its IPO plans which would seek to raise well over $30 billion…
Trending
- Analysis: 10 Trump officials, including special envoy Steve Witkoff, reported holding stakes in SpaceX or xAI worth more than $9.9 million collectively, before SpaceX’s IPO (Bloomberg)
- GitLab lays off 350 employees, or 14% of its workforce, as it evolves into an AI-driven enterprise software development platform and exits 22 countries (Dean Seal/Wall Street Journal)
- London-based Gigaton, which develops AI to automate industrial control systems for cement, steel, glass and chemical plants, has raised a $26 million Series A round (Mike Butcher/Pathfounders)
- Researchers at the University of Toronto say they have developed an open-source AI-powered ‘worm’ that exploits known vulnerabilities and tailors attacks to each computer (Cade Metz/New York Times)
- Bitcoin fell as much as 7% over 24 hours to fall below $67,000 on Tuesday for the first time since April, following Strategy’s first BTC sale since 2022; MSTR fell 9% (Bloomberg)
- Democrats will force vote to kill Trump’s slush fund and immunity program
- Ulta Beauty (ULTA) First Quarter 2026 Results
- a CoreWeave-linked data center raised $900 million via five-year junk bonds, priced at par for a 7.5% yield, as the industry increasingly shifts to high-yield bonds (Gowri Gurumurthy/Bloomberg)

