Market Brief
SpaceX Targets $1.75 Trillion Valuation in Potential IPO
SpaceX plans a potential $75 billion IPO at a $1.75 trillion valuation, combining space and AI businesses.
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SpaceX plans a potential $75 billion IPO at a $1.75 trillion valuation, combining space and AI businesses.
Mark Zuckerberg builds an AI agent to streamline Meta’s management and reduce organizational layers.
Amazon acquires Rivr to develop robots for doorstep delivery and expand automation in last-mile logistics.
Alibaba reports a 66% profit drop as AI and cloud investments weigh on earnings despite strong demand.
Meta plans to cut 20% of staff as it ramps up costly investments in artificial intelligence infrastructure.
Volkswagen’s profit falls 44% in 2025 as the automaker plans to cut 50,000 jobs in Germany by 2030.
Donald Trump’s net worth rises to $6.5 billion after gains linked to crypto ventures and World Liberty Financial.
Pavel Durov’s net worth drops from $17.1 billion to $6.6 billion as Telegram’s valuation is reassessed.
Porsche reports a 91% drop in net profit for 2025, with earnings falling to €310 million from €3.6 billion a year earlier.
Apple launches the $599 MacBook Neo with an A18 Pro chip, expanding its entry-level laptop lineup.
Paramount completes a $110 billion acquisition of Warner Bros., creating a major global media powerhouse.
X plans to enable crypto and stock trading directly in users’ feeds within weeks.