SpaceX Could Lead $2.9 Trillion in Private Valuation to Market

SpaceX, after years of resisting a public offering, is now preparing to go public, potentially targeting an initial public offering (IPO) in 2026. This shift comes amid plans to sell insider shares that could value the company at up to $800 billion, reflecting a significant change in strategy for the aerospace giant.

SpaceX is reportedly targeting an initial public offering (IPO) in 2026, aiming to raise over $30 billion, which would set a record for the largest IPO in history. This announcement comes as the company prepares to sell insider shares that could value it at up to $800 billion, reflecting strong investor confidence in its future prospects.

SpaceX is reportedly advancing plans for an initial public offering (IPO) in 2026, aiming to raise significantly more than $30 billion, potentially marking one of the largest IPOs in history. This information was shared by Phil Haslett, co-founder of EquityZen, during an interview on Bloomberg Tech.

A Los Angeles-based startup, Quilter, has achieved a significant milestone by using artificial intelligence to design a fully functional Linux computer consisting of 843 parts, completing the task in just one week. This process typically requires nearly three months of skilled engineering labor. The project, known as Project Speedrun, resulted in a computer that successfully booted on its first attempt with minimal human intervention.

Operation Bluebird has announced plans to relaunch the social media platform Twitter, following claims by Elon Musk that he has abandoned the name and logo associated with it. This presents a unique opportunity to reclaim one of the most recognized brands in technology.

The Federal Reserve is anticipated to implement a 25 basis point rate cut in its final decision of the year, with Kevin Hassett, Director of the National Economic Council, suggesting there is potential for a larger reduction. This comes as Hassett is viewed as a leading candidate to succeed Jerome Powell as Fed Chair.