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.
The logo of Perplexity on a laptop arranged in Riga, Latvia, on Wednesday, Aug. 13, 2025. AI startup Perplexity made a formal offer to acquire Google’s Chrome browser for $34.5 billion, an audacious bid to get ahead of a potential requirement for the search giant to sell the web browser in US antitrust proceedings.
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