RARE PHOTOS: 24 | Vintage Vibes

Anthropic's Revenue Is Running at $47 Billion. Wall Street Is Already Pricing a Fivefold Increase By 2028.

Bankers and investors are using revenue estimates two years into the future to determine how much the AI company could be worth.

International Business Times · Aug 17

Tesla Is Finally Getting Ready to Demo a Flying Roadster. It May Not Stop the Sell-Off in TSLA Stock.

The car may be unveiled at SpaceX's site in McGregor, Texas. But will it underscore belief for investors who are contemplating the Tesla's future?

Barchart · Aug 17

SpaceX Stock Is Everywhere: Google, Nvidia, AMD, Harvard Disclose Stakes

Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) Nasdaq debut turned Elon Musk‘s rocket company into one of the most widely disclosed names in the current round of 13F filings, with tech giants, hedge funds and university endowments all revealing sizable positions.

Benzinga · Aug 17

Nvidia Joins SpaceX Mega Investor Club: Alphabet's $94 Billion Stake Tops the Rest

Nvidia's investment in SpaceX makes it a major stakeholder, alongside Alphabet's larger share. Explore the strategic partnerships and financial impacts in the AI and space sectors.

International Business Times UK · Aug 17

Elon Musk Faced Sharp MAGA Criticism Over H-1B Visas Before Shifting to Near-Daily Posts on Whiteness and Race

Elon Musk's support for H-1B visas in 2024 led to MAGA backlash, prompting a shift to frequent posts on race and Whiteness, highlighting tensions within the movement.

International Business Times UK · Aug 17

a16z Partner Asks Why California Politicians ‘Want to Push Away Startups,’ Says State Already Lost Tesla and SpaceX HQs ‘Due to Political Shenanigans’

Andreessen Horowitz partner Josh Elman criticized California politicians over policies he says could drive startups and founders out of the state, pointing to Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) previous headquarters moves as California debates a proposed one-time 5% tax on billionaire wealth.

Benzinga · Aug 17

Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: Report

Wall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company forecasts remarkable revenue increases by 2028, which is pivotal for investor confidence. Revenue multiples derived from these forward-looking projections are being employed, with comparable companies such as Palantir and…

The Economic Times · Aug 17

US Stock Market: Tiger Global trims big tech bets, adds AMD and SpaceX in Q2

Tiger Global reshuffled its tech portfolio in Q2, cutting stakes in Alphabet, Nvidia, Microsoft, Amazon, Meta, Broadcom and TSMC while exiting Netflix. The fund more than doubled its Intel holding and initiated positions in AMD and SpaceX, signalling a shift toward semiconductor exposure and emerging technology opportunities, according to filings.

The Economic Times · Aug 17

Harvard Reveals $2.2 Billion SpaceX Stake, Its Largest Public Equity Holding: University's Bet on Elon Musk-led Company Outshines Amazon and Nvidia

Harvard Management Co. disclosed a $2.2 billion stake in Space Exploration Technologies Corp. (NASDAQ:SPCX), an early investment in Elon Musk‘s rocket company whose value became public for the first time following SpaceX’s blockbuster Nasdaq debut in June.

Benzinga · Aug 17

SpaceX Launches Classified US Space Force Mission Just 38 Minutes After Florida Falcon 9 Liftoff

SpaceX launched a classified US Space Force payload 38 minutes after a Globalstar mission, setting a new record for orbital launch turnaround time.

International Business Times UK · Aug 16