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June 12, 2026, 10:15 AM
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| Bailey Lipschultz / Bloomberg: |
SpaceX raises $75B in the biggest-ever IPO, pricing 555.6M shares at $135 each, giving it a market value of $1.77T — SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire.
More: SpaceX, Bloomberg, Decrypt, Bloomberg Law, Associated Press, Reuters, Washington Post, Financial Times, Business Insider, The Sun, New York Times, CBS News, The Hill, Fast Company, Fortune, The American Bazaar, The Tech Portal, Futurism, Semafor, Yahoo Finance, Pulse 2.0, The Next Web, Wall Street Journal, Proactive, Tech Times, Capacity, CoinDesk, New York Magazine, ZeroHedge News, Coinpedia Fintech News, Axios, Wired, The Irish News, CBC News, Times of India, TESLARATI, Business Today, The Neuron, GB News, Seoul Economic Daily, Forbes Middle East, Arabian Business, The Wrap, The Crypto Times, Hindustan Times, The Indian Express, Verdict, Telegraph, ABC News, Watcher Guru, Blockonomi, HotAir, South China Morning Post, The Business Times, NBC News, The Deep View, Yahoo Finance, UPI, SiliconANGLE, crypto.news, CNBC, Mediaite, Forbes, Agence France-Presse, The Independent, Motley Fool, The Straits Times, The Asia Business Daily, Benzinga, New York Post, TechCrunch, Guido Fawkes, The Information, The Economic Times, Bloomberg, Chamath Palihapitiya, International Business Times, The Japan Times, and Barron's Online
X: @danprimack, @spacex, @jimstewartson, @litcapital, @jason, @biancoresearch, @andrewcurran_, @eastdakota, @elonmusk, @katie_roof, @leadlagreport, @chamath, @rmac18, @garymarcus, @lexnfx, @corytv, and @leevalueroach. LinkedIn: Pascal Duval
Bluesky: @kimmasters and @breakify
Forums: r/news, r/worldnews, and r/SpaceXBets
| Reuters: |
SpaceX's trading debut will be a test of the “Musk premium”, the force behind Tesla's $1T+ valuation, and a gauge of investor appetite ahead of upcoming AI IPOs — SpaceX (SPCX.O) is set to begin trading on Nasdaq on Friday after investors poured $75 billion into the world's biggest IPO ever …
More: Nasdaq, TechCrunch, Barron's Online, Bloomberg, The Register, Mercury News, Business Insider, Wall Street Journal, NewsMax.com, Yahoo Finance, Bloomberg Law, CNBC, Axios, Blockonomi, Newser, Benzinga, CNET, Semafor, Dow Jones Newswires, and Inc.com. Bluesky: @westernbirding.com
| Bloomberg: |
Sources: French startup Mistral AI is in talks to raise ~€3B at a ~€20B valuation; it was last valued at €11.7B during a funding round in September 2025 — French startup Mistral AI is in talks to raise around €3 billion ($3.5 billion) at a valuation of roughly €20 billion …
More: The Next Web
| Wall Street Journal: |
More: Crunchbase News, Wall Street Journal, Forbes, Yahoo Finance, Wired, CNBC, The Daily Upside, The Next Web, Deseret News, Washington Post, Capital Brief, Bloomberg, Reuters, Coinpedia Fintech News, and Axios. Bluesky: @marypcbuk
| New York Times: |
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Bluesky: @karlbode.com, @rmac, and @jessefelder.com
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
Oracle warns customers of a critical PeopleSoft flaw after ShinyHunters claimed breaches of 100+ organizations using PeopleSoft; Oracle has not issued a patch — Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software … | Cecilia Kang / New York Times: |
Google sues Chinese cybercrime network Outsider Enterprise, accusing it of using Gemini AI to create fake websites and scam hundreds of thousands of Americans — Google warned that artificial intelligence had supercharged the problem of online scams.Andria Lo for The New York Times| Jon Brodkin / Ars Technica: |
Ted Cruz and Ron Wyden introduce the JAWBONE Act, which would let Americans sue US officials who try to coerce broadcasters or platforms into censoring speech — US Senators Ted Cruz (R-Texas) and Ron Wyden (D-Ore.) today introduced the JAWBONE Act, a proposed law that could fuel lawsuits …
More: Inside Radio, TheDesk.net, U.S. Senate Committee …, ACLU, Knight First Amendment …, The Foundation …, Reason, Americans for Tax Reform, The Verge, Roll Call, and Public Knowledge
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| Christopher Dring / The Game Business: |
Q&A with Xbox Chief Strategy Officer Matthew Ball about returning to console-exclusive releases, how using in-game ads could offset development costs, and more — ‘If Xbox can turn things around, the whole industry can,’ says Ball — Listen now on Apple, Spotify or YouTube
More: Windows Central, Game Sandwich, Gameranx, PC Gamer, Tech4Gamers, Kotaku, XBOX Wire, Push Square, and Comic Book
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Bluesky: @danhon.com and @klobrille
Forums: r/gaming, r/windowscentral, r/Games, r/PS5, and r/xbox
| Luc Cohen / Reuters: |
Sam Bankman-Fried loses his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of FTX — Sam Bankman-Fried lost on Friday his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded.
More: The Block, The Crypto Times, Bloomberg, and Memeburn
| FinSMEs: |
New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners — Current, NYC-based provider of a consumer fintech platform, raised $80M in Series E equity financing, at a $1.5 Billion valuation.
More: Current, The Next Web, Coverager, The SaaS News, citybiz, and New York Business Journal
| The Information: |
How Anthropic is blindsiding business partners by launching potentially competitive products with little warning, changing pricing, and more — Weeks before Anthropic in April revealed Claude Design, an AI tool for creating designs and software application prototypes, it asked firms including Figma … | Kanoko Matsuyama / Bloomberg: |
Memory chipmaker Kioxia replaces Toyota as Japan's most valuable company; Kioxia's shares surged 7.6% on Friday, lifting its market value to ~$274B — Memory chipmaker Kioxia Holdings Corp. replaced Toyota Motor Corp. to become Japan's largest company by market value, underscoring …
More: Seoul Economic Daily, The Straits Times, and Tech in Asia
| Reuters: |
Sources: Nvidia has told Chinese clients that its new Vera CPUs for AI data centers could be available as soon as August and that they can begin placing orders — Nvidia (NVDA.O) has told Chinese clients that its new “Vera” central processors for AI data centres could be available as soon …
More: The Information, Benzinga, The Next Web, Blockonomi, and Tech in Asia
| Carl Franzen / VentureBeat: |
Xiaomi releases MiMo Code V0.1.0, an open-source AI coding assistant that it says outperforms Claude Code on agentic coding and software engineering benchmarks — Xiaomi's MiMo AI team has open-sourced MiMo Code V0.1., a terminal-native AI coding assistant that the Chinese electronics giant … | Kenneth Shepard / Kotaku: |
Niantic Spatial says Pokémon Go data is “not part of” its deal with spatial AI company Vantor, after concerns that game data could be used for military drones — The company says it no longer receives data from the monster-catching app after Niantic was acquired by Scopely
More: Ars Technica, IGN, The Guardian, Gameranx, Android Authority, PC Gamer, GoNintendo, TheGamer, and Game Developer
Bluesky: @pokejungle and @knoebel
Forums: Hacker News and Slashdot
| Ivan Mehta / TechCrunch: |
Hyderabad, India-based Equal AI, which makes an eponymous AI-powered call screening app, raised a $30M Series B led by Prosus Ventures and Tomales Bay Capital — In India, consumers receive a lot of calls every day, ranging from spam and scams to delivery people and financial service companies trying to contact them.
More: The Next Web, Livemint, Fortune India, Inc42, The Economic Times, VCCircle, Entrackr, and Tech in Asia
| The Information: |
Sources: six months after acquiring Rivos, Meta is struggling to integrate the chip startup and halted development of a chip for training its largest AI models — Meta Platforms bought semiconductor startup Rivos last year to accelerate development of in-house chips and reduce its reliance … | Christina Kyriasoglou / Bloomberg: |
Infineon plans to open a €5B chip factory in Germany backed by EU subsidies, its largest single investment, on July 2 as Europe seeks to boost chip production — Infineon Technologies AG is preparing to open its largest single investment, a €5 billion ($5.8 billion) …
More: Silicon Republic and The Next Web
| Wall Street Journal: |
Companies hit by rising AI costs are increasingly using tools that tap cheaper models, including some from China, putting price pressure on OpenAI and Anthropic — Startups and tech giants alike are mixing and matching AI models to avoid the premium prices charged by industry leaders
More: Euronews, Understanding AI, Decrypt, Semafor, Bloomberg, and Mashable. Bluesky: @carlquintanilla
| New York Times: |
How Chinese manufacturers are dominating the humanoid robot supply chain, even as the industry struggles to find a purpose for such robots — China's lead in humanoid robots was evident at last month's Humanoids Summit, a robotics conference in Tokyo.Videos by Qilai Shen and Hiroko Masuike| Zaheer Kachwala / Reuters: |
Adobe reports Q2 revenue up 13% YoY to $6.62B, vs. $6.46B est., and raises its annual forecasts; CFO Dan Durn is leaving for Marvell; ADBE drops 5%+ after hours — Adobe (ADBE.O) raised its annual revenue and profit forecasts on Thursday, but the sudden exit of CFO Dan Durn added to concerns … | Chris Metinko / Axios: |
Agentic workplace startup Genspark raised a $100M Series B extension at a $2.6B post-money valuation, up 63% in just three months; it has raised $645M+ to date — Agentic workplace startup Genspark raised $100 million in Series B extension funding at a $2.6 billion post-money valuation, co-founder Wen Sang tells Axios Pro exclusively.
More: The SaaS News
| Lauren Almeida / The Guardian: |
FanDuel owner Flutter plans to delist its London shares on August 3, citing low trading and high costs; Flutter moved its primary listing to the US in 2024 — Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market
More: The Irish Times, Reuters, Telegraph, Proactive, Global Banking & …, RTÉ, The Independent, Finimize, The Irish News, Guido Fawkes, and Bloomberg
| @semianalysis_: |
Analysis: assuming API pricing, the $200/month Claude Max and ChatGPT Pro plans offer up to ~$8,000/month and ~$14,000/month worth of tokens, respectively — Recently, we purchased one of each Anthropic/OpenAI subscription plan and randomly ran long horizon coding tasks until we exhausted the weekly limit. It's widely believed that a $200/month plan maxes out at ~$2000/month worth of tokens (assuming API pricing). However, we found [image]
More: Wall Street Journal. X: @kimmonismus, @garymarcus, @kunchenguid, @amasad, @edzitron, @dee_bosa, @tenobrus, @scaling01, @paweljlisowski, @daniellefong, @teortaxestex, @teortaxestex, @scaling01, @edzitron, @daniel_mac8, @usr_bin_roygbiv, @semianalysis_, @kimmonismus, @sonalibasak, @garymarcus, @anuragsingh_as, @itsandrewgao, @semianalysis_, and @edzitron
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