Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10

Operation Bluebird has announced plans to revive the Twitter brand, which Elon Musk abandoned in 2023 when he rebranded the platform as X. This initiative aims to reclaim a well-known social media identity that has significant cultural and historical relevance.

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.

SpaceX, led by Elon Musk, is poised to significantly influence the private market with a potential valuation of $2.9 trillion, as it prepares for a public offering that could set new records. This development comes amid strong investor interest and confidence in the aerospace sector, particularly as SpaceX is also set to offer insider shares that could value the company at $800 billion.

Jeff Bezos and Elon Musk are in a competitive race to establish data centers in space, aiming to capitalize on the burgeoning trillion-dollar market for cloud computing and data storage. This initiative reflects their ongoing commitment to innovation in the technology sector, particularly in leveraging space for commercial applications.

The European Union has imposed a €120 million ($140 million) fine on Elon Musk's social media platform X for violating content moderation laws under the Digital Services Act. This decision has raised concerns from U.S. trade officials, particularly Donald Trump's top trade negotiator, who expressed disappointment over the EU's regulatory approach towards American tech companies.

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.