Elon Muskβs rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.
Elon Muskβs rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
As co-chief executive of the start-up Prometheus, the Amazon founder is using A.I. to improve how devices ranging from computers to jet engines are made.
While Elon Musk may soon become a trillionaire, his rocket companyβs market debut is set to change the lives of its current and former employees, too.
OpenEvidence, a fast-growing start-up, is using artificial intelligence to help doctors find answers to clinical questions for diagnosis and treatment.
Elon Muskβs rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.
The $135 share price means Elon Muskβs rocket maker is poised to exceed the 2019 initial public offering of Saudi Aramco in both valuation and money raised.
Anthropic raised $65 billion in new fund-raising that put its value at $900 billion, ahead of OpenAIβs last valuation of $730 billion, as the companies duel for A.I. dominance.
The dream of clean hydrogen has tantalized energy experts for years, but producing it has been tough. Many start-ups think the answer could lie beneath our feet.