Elon Musk has announced that he sold social media platform X to his xAI artificial intelligence company in a $33 billion all-stock deal.
Read More Musk Sells X To Own Company, xAI, In $33B All-Stock Deal
Tag: Valuation
FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges
If a judge accepts the company’s bankruptcy plan, certain customers of the defunct cryptocurrency exchange FTX may be entitled to receive the full amount of money they lost.
Read More FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges
Reddit shares soar 38% in market debut
Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.
Read More Reddit shares soar 38% in market debut
Reddit targets up to $6.4 billion valuation in much-awaited US IPO
Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering.
Read More Reddit targets up to $6.4 billion valuation in much-awaited US IPO
Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rally
Nvidia galloped to $2 trillion market value after the bellwether for AI chip demand once again exceeded Wall Street’s sky-high expectations.
Read More Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rally
What happens to Musk’s Tesla pay after $56 billion package thrown out? It is complicated
The Tesla chief executive and a board seen as captive to him must find a way to negotiate a replacement contract.
Read More What happens to Musk’s Tesla pay after $56 billion package thrown out? It is complicated