Plus, the White House's new executive order on AI and Florida's lawsuit against OpenAI. Liz Lopatto, senior reporter at The Verge, joins Marketplace’s Meghan McCarty Carino for this week’s “Tech Bytes: Week in Review.”

SpaceX is seeking a valuation of $1.75 trillion in its initial public offering next week, including additional shares the underwriting banks could sell if investor demand is…

SpaceX is targeting a $1.77 trillion IPO on June 12, the largest in history. The real bet is on who owns the AI economy's rails, from Starlink to its xAI merger.

The analysts see a wide range of possibilities around xAI and find its "economic moat indeterminate."

The SpaceX filing starts the timer on a hot IPO summer complete with two other highly anticipated IPOs: Anthropic and OpenAI.

Morningstar analysts pegged SpaceX‘s valuation at US$780 billion, less than half the US$1.77 trillion company is targetting. Read more at straitstimes.com. Read more at…

Morningstar analysts warned that the future promise of SpaceX’s AI segment relies on untested technology. Read more at straitstimes.com. Read more at straitstimes.com.

A research firm has flagged SpaceX's IPO valuation as significantly overvalued, casting doubt on Elon Musk's target. Read more at straitstimes.com. Read more at straitstimes.com.

Rolling coverage of the latest economic and financial news

Elon Musk is the world’s richest man and another of his companies will go public this month

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or…

Plus, the White House's new executive order on AI and Florida's lawsuit against OpenAI. Liz Lopatto, senior reporter at The Verge, joins Marketplace’s Meghan McCarty Carino for…

Anthropic took a big step this week towards pipping bitter rival OpenAI to a public market listing.

Elon Musk’s SpaceX has priced its initial public offering at US$135 per share, valuing the company at around US$1.7 trillion. Read more at straitstimes.com. Read more at…

OpenAI, Anthropic, and SpaceX are pricing in a global AI economy that doesn't exist yet — and their durable money is in São Paulo and Addis Ababa.

With SpaceX set to become the first AI-era giant to go public on Friday, governments on both sides of the Atlantic are racing to define their relationship with the industry.…

While SpaceX is a world superpower in crafting reusable rockets, its high-priced takeover of the AI start-up xAI should be factored into calculating its IPO share price.

Analyst says IPO looks ‘like a way to lure unsuspecting investors into paying off’ debt, ‘fund an increasingly costly AI race and lock in a trillion-dollar pay day’