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fromFast Company
5 hours agoSpaceX IPO: What we know about the initial public offering as the eagerly awaited stock listing date nears
SpaceX is expected to confidentially file its IPO paperwork with the Securities and Exchange Commission (SEC) 'in coming days.' This means the company's confidential IPO filing is likely to happen sometime between today and next week.
Venture
fromThe Verge
2 days agoX tries to limit creator revenue for foreign influencers but Musk intervenes
X will be giving more weight to impressions from your home region. The motivation appears to be discouraging engagement farming via political posts, with Bier adding that, 'While we appreciate everyone's opinion on American politics, we hope this will disincentivize gaming the attention of US or Japanese accounts.'
Social media marketing
Marketing tech
fromExchangewire
3 days agoDigest: Partners Complain about Slow Ads Rollout on ChatGPT; Musk Liable in Twitter Fraud Case; Broadcasters Push EU for Tougher Smart TV Rules
ChatGPT's ad rollout is slower than expected, causing frustration among partners despite initial interest and investment.
Toronto startup
fromTESLARATI
1 week agoTesla Roadster is 'sorcery and magic' and might be worth the wait, Uber founder says
Tesla plans to unveil the Roadster in late April with extraordinary capabilities including potential 0-60 acceleration in one second and SpaceX thrusters, though multiple delays have prolonged anticipation.
#securities-fraud
Tech industry
fromKqed
1 week agoLawsuit Accusing Elon Musk of Tanking Twitter Share Price Goes to Jury | KQED
A San Francisco jury will decide if Elon Musk committed securities fraud by making misleading statements about Twitter bots before his 2022 acquisition to manipulate stock prices and defraud investors.
Toronto startup
fromFast Company
3 weeks agoElon Musk to testify in Twitter shareholder trial accusing him of deflating stock before $44 billion purchase
Elon Musk faces trial for allegedly making false statements about Twitter's bot accounts to drive down stock price before his $44 billion acquisition in 2022.
Toronto startup
fromwww.mercurynews.com
3 weeks agoElon Musk to take stand in Twitter shareholder trial accusing him of deflating stock before purchase
Elon Musk faces trial for allegedly making false statements about Twitter's spam accounts to drive down stock price before his $44 billion acquisition in 2022.
Silicon Valley
fromNature
1 week agoHow wealthy tech entrepreneurs seek to shape politics, culture and the future - and why we must resist
Wealthy tech executives have transformed from conventional lobbyists into radical ideologues wielding platforms and networks to influence democratic elections and reshape political power structures.
Artificial intelligence
fromFuturism
2 weeks agoElon Musk Says He's Epically Screwed Up at xAI, Is Rebuilding "From the Foundations"
xAI faces severe leadership exodus with nine of twelve cofounders departing, prompting Musk to acknowledge the company requires fundamental rebuilding from its foundations.
Artificial intelligence
fromBusiness Insider
2 weeks agoWilliam Shatner says he turned a $42 money transfer from Elon Musk into nearly $200,000 for his charity
Elon Musk gave William Shatner $42 through X Money, which Shatner converted into nearly $200,000 in charitable donations for his horse show benefiting children and veterans.
#spacex-ipo
Venture
fromFortune
3 weeks agoSpaceX is poised to raise more money in its IPO than was raised in last year's 90 IPOs, combined | Fortune
SpaceX's anticipated IPO could raise approximately $50 billion at a $1.5 trillion valuation, exceeding all 90 IPOs from the previous year combined and generating unprecedented fees for Wall Street banks.
Silicon Valley
fromTESLARATI
3 weeks agoElon Musk fires back after Wikipedia co-founder claims neutrality and dubs Grokipedia "ridiculous"
Elon Musk's xAI launched Grokipedia, an AI-powered Wikipedia alternative, prompting dismissal from Wikipedia co-founder Jimmy Wales but cautious optimism from co-founder Larry Sanger.
fromwww.mediaite.com
4 weeks agoConservative Economist Scores Big After Betting Almost $350,000 DOGE Would Fail
Alan Cole, senior economist at the Tax Foundation, took that bet, telling WSJ reporter Richard Rubin how and why he dropped $342,195.63 into a prediction-market wager on the Kalshi platform. Cole said that he looked at the terms of the Kalshi wager and saw an opportunity, because he did not believe anything Musk would do would significantly curtail spending on interest on the national debt or entitlements like Social Security and Medicare, especially as America's population continued to age.
US politics
US politics
fromLGBTQ Nation
1 year agoRachel Maddow amazed as GOP "caved" after top Dem "screams his frickin' head off" - LGBTQ Nation
Rep. John Larson forcefully defended Social Security, accused Elon Musk of seeking its privatization, and condemned House Republicans for blocking Musk's committee appearance.
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