SpaceX is seriously considering an IPO as soon as next year, a major policy reversal. The goal? Raising tens of billions to fund not just Mars missions, but a new push into orbital AI data centers. The company’s valuation just hit around $800 billion in a recent tender offer.
The fintech robo-advisor Wealthfront had a quiet first day of trading, closing up just 1% after its IPO. The company is now valued at $2.1 billion, a nice step up from its failed $1.4 billion acquisition by UBS in 2022.
DataMasque, a small data security and AI startup, is landing Fortune 100 customers without a physical presence in their countries. Their secret weapon? The AWS Marketplace, which handles global sales, compliance, and payments, allowing them to grow customers first and teams later.
A UK startup building the networking gear to link quantum processors just landed a massive $60 million investment. The funding, led by National Grid Partners, aims to accelerate the path to fault-tolerant, distributed quantum computing.
Do Kwon, the founder of Terraform Labs, has been sentenced to 15 years in a US prison. His guilty plea follows the 2022 collapse of the Terra USD stablecoin, which vaporized an estimated $40 billion in investor value.
The SpaceX IPO rumor mill is officially spinning, and it’s creating a gravitational pull for the entire space sector. Smaller companies like Starfighters Space are already increasing their own offering sizes, hoping to capitalize on the unprecedented attention and capital a SpaceX listing would brin
K2 Space, a startup building large, high-power satellites, has secured $250 million in new funding. The company is valued at $3 billion and plans its first major demo mission for March 2026.
Unacademy’s founder has revealed the once-high-flying edtech’s valuation has plummeted to less than $500 million. This marks an 85% drop from its $3.5 billion peak during the pandemic, as the company confirms it’s in merger talks.
A startup founded by the creator of Apple’s Swift language is taking on Nvidia’s foundational CUDA software. Modular has raised $380 million to build a portable AI platform that already boosts AMD chip performance by 50%. The goal is to end the industry’s reliance on a single vendor.
The controversy over Rockstar firing 34 Grand Theft Auto 6 developers has reached the UK’s highest political level. Prime Minister Keir Starmer called the case “deeply concerning” during a parliamentary session.
