Inside Musk’s SpaceX-xAI Megamerger
Elon Musk rammed through the combination of his space company, SpaceX, with his AI startup, xAI, on Monday, merging the shiniest jewel in his business empire with his most money-losing firm. The deal�...
Waymo Raises $16 Billion in Funding at $126 Billion Valuation
Self-driving ridesharing service Waymo said Monday it has raised $16 billion at a $126 billion valuation. The valuation includes the size of the investment, according to an investor in the round. Drag...
What’s Really Driving Musk’s SpaceX-xAI Merger
Talk about pie in the sky. On Monday, Elon Musk announced that his SpaceX had acquired his cash-eating xAI, at a price we reported to be $250 billion. SpaceX was already planning to go public, but now...
Step Finance Confirms Major Treasury Breach On Solana
Step Finance has disclosed a significant security incident involving its protocol-owned funds, marking one of the largest Solana DeFi treasury compromises so far this year.
The Solana analytics platfo...
