President Trump has said that the White House may take equity stakes in American AI companies, after it was revealed they might take a stake in OpenAI, per Reuters
People are talking about how Bitcoin's price moves with big IPOs. Some think all the hype around SpaceX's massive listing—$86 billion raise, nearly $1.8 trillion valuation—is pulling money away from crypto. One fund manager says it's interesting how Bitcoin corrects as investo
Anthropic's co-founder Daniela Amodei says companies are turning to public markets for funding because AI models are just too expensive.
(via Bloomberg)
Morgan Stanley and Goldman Sachs just dropped their SpaceX revenue forecasts 🚀
SpaceX projected revenue in 2025: $18.7B
What they're eyeing:
- 2028: ~$160B (both banks)
- 2030: Goldman says $470B+, Morgan Stanley says $330B
- 2040: Morgan Stanley says $3.4 TRILLION