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Who Owns The Most Satellites? | ZeroHedge
From: zerohedge Who Owns The Most Satellites? | ZeroHedge Nearly 7,000 satellites orbit the Earth, serving vital functions such as communication, navigation, and scientific research. In 2022 alone, more than 150 launches took place, sending new instruments into space, with many more expected over the next decade. But who owns these objects? In this graphic, Visual Capitalist’s[…]
OpenAI Seeks $90 Billion Valuation In Potential Sale Of Existing Shares | ZeroHedge
From: zerohedge OpenAI Seeks $90 Billion Valuation In Potential Sale Of Existing Shares | ZeroHedge OpenAI has been in discussions with investors about a possible share sale which would value the AI startup behind ChatGPT at between $80 and $90 billion, nearly triple what it went for in an April share sale. The startup, which[…]
Klaviyo Shares Hop 9% In NYSE Debut Marking Week’s 2nd Major Startup IPO
From Crunchbase News: Shares of data automation startup Klaviyo closed up around 9% on their first day of trading on Wednesday, a muted performance for the second big venture-backed IPO of the week. Late Tuesday, the company priced shares at $30 each, a bit above the projected range, raising around $576 million. The offering set an initial valuation[…]
Instacart closes up 13%, down from an initial flourish; Valuation at $11.5B
From Seeking Alpha: Instacart (NASDAQ:CART) closed up 13% on Tuesday after trading started up 40% on the initial pricing. The company’s valuation at the end of the day was about $11.5B. On Monday evening, the shares priced at $30 each, at the top of the range, giving it an initial valuation of $10B. Earlier, Instacart (CART)[…]
SoftBank’s Arm Targets $4.87 Billion In Downsized IPO Offering | ZeroHedge
From: zerohedge SoftBank’s Arm Targets $4.87 Billion In Downsized IPO Offering | ZeroHedge SoftBank Group’s semiconductor unit, Arm Holdings, updated its initial public offering filing on Tuesday morning with the Securities and Exchange Commission that revealed it aims to raise up to $4.87 billion, a smaller amount than what was previously announced in August. The amended F-1 filing with[…]
Subway Sandwich Restaurants Nears $9.6 Billion Sale After “Long, Heated Auction” | ZeroHedge
From: zerohedge Atlanta‐based private equity firm Roark Capital, which owns Inspire Brands (the owner of Arby’s, Baskin Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s, and Sonic) and many other restaurant brands, is allegedly nearing a deal to purchase the Subway sandwich-shop chain, according to , citing people familiar with the matter. Roark has been engaged in[…]
Space X: World’s Best Spacecraft Manufacturer, Launcher, and Satellite Communications – Product Strategy & Business Model.
From Linked In Pulse: MHD AL HASAN, PMP Senior Product Manager I Tech Startup Consultant | 14+ Yrs Exp | AI Product Manager Certified | PMP Certified | Ex-Apple | Ex-UAE Prime Minister Office. June 25, 2023 The SpaceX mission statement is “to revolutionize space technology, with the ultimate goal of enabling people to live on[…]
Elon Musk’s SpaceX nears $150 billion valuation after secondary share sale
From CNBC: The valuation of Elon Musk’s SpaceX hit near $150 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and existing investors to sell up to $750 million in stock from insiders at $81 a share, according to a copy of the purchase offer sent[…]
NASA gives go for launch of mission to $10-quadrillion asteroid
From New Atlas: NASA has given the okay to its long-delayed US$985 million Psyche deep-space mission to explore a metal-rich asteroid, also called Psyche, that may be worth as much as $10 quadrillion, or 90 times the world’s entire $110-trillion economy. It’s often difficult to grasp the scale of the universe beyond Earth. Even in[…]
Musk Says Major Overhaul Of SpaceX Starship Underway Ahead Of Next Launch, Increases Orbit Odds To 60% | ZeroHedge
From: zerohedge Musk Says Major Overhaul Of SpaceX Starship Underway Ahead Of Next Launch, Increases Orbit Odds To 60% | ZeroHedge In a Twitter Spaces discussion with Bloomberg journalist Ashlee Vance, Elon Musk revealed SpaceX had made “well over a thousand” changes to its Super Heavy/Starship rocket following the vehicle’s first test launch in April,[…]