SpaceX is planning to offer shares ​at $135 apiece to raise $75 ​billion in its ⁠initial public ​offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.

Perplexity AI Inc. is trying to manage the huge demand for artificial intelligence computing power by building a platform that diverts AI work between personal computers and cloud-based servers.