Anthropic is having a moment in the private markets; SpaceX could spoil the party

Anthropic is having a moment in the private markets; SpaceX could spoil the party

Glen Anderson has been brokering trades in private company shares since 2010, back when the number of institutional investors focused on the late-stage private market could be counted on two hands. Today, he says, there are thousands. As president of the investment bank Rainmaker Securities, which focuses solely on private securities markets and facilitates transactions…

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Elon Musk’s SpaceX officially acquires Elon Musk’s xAI, with plan to build data centers in space

Elon Musk’s SpaceX officially acquires Elon Musk’s xAI, with plan to build data centers in space

SpaceX has acquired Elon Musk’s artificial intelligence startup, xAI, creating the world’s most valuable private company, the spaceflight company announced Monday. Musk, who is also the CEO of SpaceX, wrote in a memo posted to the rocket company’s website that the merger is largely about creating space-based data centers — an idea he has become…

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Jared Isaacman confirmed as next head of NASA

Jared Isaacman confirmed as next head of NASA

Billionaire entrepreneur Jared Isaacman has been confirmed by the U.S. Senate as the next administrator of NASA. The private astronaut and founder of the Shift4 payments processing platform will now be in charge of an agency that faces great uncertainty under President Trump. Isaacman’s confirmation comes a little over a year after Trump nominated him….

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