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[…]
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[…]
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[…]
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)[…]
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[…]