Valuations at Musk’s SpaceX and xAI set to soar in new deals

Billionaire’s rocket builder plots huge share sale while AI start-up closes in on $5bn funding round

Business - Financial Times - 3 hours ago

Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - October 29

Musk in funding talks with Middle East investors to value xAI at $45bn

Early discussions include existing backers of artificial intelligence start-up

World - Financial Times - October 31

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

China's New Spaceship Is a Blatant Ripoff of SpaceX's Starship

World - Yahoo News - November 5

Elon Musk’s SpaceX accuses California of political bias over launch limits

Company sues after coastal commission cited CEO’s spread of misinformation on X in rejecting company’s proposal. Elon Musk ’s SpaceX has sued a California commission in federal court, accusing it ...

World - The Guardian - October 16

Elon Musk’s SpaceX, Already a Leader in Satellites, Gets Into the Spy Game

The Pentagon needs what the company offers to compete with China even as it frets over its potential for dominance and the billionaire’s global interests.

Business - The New York Times - October 30

Elon Musk’s xAI launches API, letting third-party developers build atop Grok

Attention, developers: you can now get your hands on Elon Musk's Grok 2 multimodal language model through his startup xAI's new API.

Tech - VentureBeat - October 21

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - October 29

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

Business - CNBC - 1 hour ago

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - November 5

Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation

A Jefferies analyst thinks Palantir’s large base of retail-investor support “is a double-edged sword.”

Business - MarketWatch - November 7

Iran’s defence budget set to soar as regional tensions rise

Recommendation to parliament for substantial increase in military spending comes after recent exchange of fire with Israel

World - Financial Times - October 29

Bill O'Reilly: Musk-Trump relationship is a 'business deal'

Bill O'Reilly discusses Elon Musk pledging to give away $1 million a day to voters for signing his political action committee’s petition.

Politics - The Hill - October 22

AI search start-up Perplexity targets $8bn valuation in new funding round

Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraising

Business - Financial Times - October 21

China’s New Heavy Lift Rocket Looks a Whole Lot Like SpaceX’s Starship

The Long March 9 super heavy-lift rocket made an appearance at a major airshow recently—and looks awfully familiar.

Tech - Wired - November 5

Catch Up On Yellowstone Ahead Of Season 5 With This Box Set Deal

Yellowstone: The Dutton Legacy Collection - Limited Edition Gift Set (Blu-ray) $76 (was ...

Tech - GameSpot - October 30

Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal

Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Business - MarketWatch - Yesterday

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Social media companies that once at least tried to promote a healthy information ecosystem have largely given up—and insiders say Musk’s example gave them cover.

Tech - Wired - November 5

Advertisers set to return to X as they seek favour with Musk and Trump

Some brands had abandoned the site over moderation concerns

World - Financial Times - 2 days ago

Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.

Business - CNBC - October 24

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

Tech - ABC News - November 6

Cox set to cover for Smith on New Zealand tour

Jordan Cox looks set to make his England Test debut on the tour of New Zealand, with Jamie Smith likely to miss part of the series for the birth of his first child.

Disney sets new timetable to replace Iger as chief

US entertainment company appoints James Gorman as chair as it seeks to end decade-long succession saga

Business - Financial Times - October 21

NYC’s the Vessel set to reopen with new safety features

The Vessel, Manhattan's popular honeycomb-shaped pedestrian tower, is reopening with new safety nets after it was closed in 2021 due to a string of suicides. WNBC's Chris Glorioso reports.

UK and Germany set to sign new defense agreement

World - Yahoo News - October 22

New York City Marathon set for Sunday

More than 50,000 runners on Sunday will be taking on the iconic 26.2-mile course through the Big Apple in the New York City Marathon. Ted Metellus, senior VP of events for New York Road Runners, ...

Van Dijk in talks with Liverpool about new deal

Liverpool captain Virgil van Dijk says he has opened talks with the club about extending his deal, which runs out at the end of the season.

Boeing Workers to Vote on New Pay Deal

A proposal for a 35 percent wage hike over four years could end a costly strike, even as the aircraft maker hustles to sell planes and raise cash.

Business - Inc. - October 21

Warriors don't extend Kuminga before deadline

The Warriors and Jonathan Kuminga did not reach a new deal ahead of Monday's deadline for rookie contract extensions.

Sports - ESPN - October 21

Gordon signs new long-term deal with Newcastle

Newcastle winger Anthony Gordon signs a new long-term deal with the Premier League club.

Fermín signs new Barça deal with €500m clause

Barcelona have rewarded Fermín López's early-season form with a new contract that keeps him at the Catalan club until 2029 and includes a release clause of €500 million ($544.4m).

Sports - ESPN - November 1

New deals with Balkan states to target people smugglers

The agreements aim to increase intelligence sharing as part of efforts to tackle small boat crossings.

Musk makes new antitrust claims against OpenAI

Elon Musk added new antitrust claims to his lawsuit against OpenAI on Thursday, accusing the ChatGPT maker of colluding with Microsoft to block competition from other artificial intelligence (AI) ...

Politics - The Hill - 1 hour ago

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