Kevin Warsh’s First Fed Meeting Triggers Worst Market Reaction Since 1994
The S&P 500 fell 1.2% following Kevin Warsh’s first Federal Reserve meeting as chairman, marking the worst market reaction to a new Fed chief’s debut meeting in 32 years.
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Motley Fool Warns SpaceX May Be Overvalued by More Than 90%
Motley Fool analysts argue that SpaceX may be worth between $150 billion and $250 billion, far below its current market valuation of roughly $2.56 trillion.
Polish Founder Builds Europe’s Largest Space Company as ICEYE Reaches $12 Billion Valuation
By
Emma Clarke
ICEYE, the satellite company co-founded by Polish entrepreneur Rafał Modrzewski, has reached a valuation of 44 billion zloty after a tenfold increase in just one year.
Uber, Lucid and Nuro Partner to Launch Robotaxi Service in Houston
Uber will launch a robotaxi service in Houston in partnership with Lucid and Nuro, expanding its autonomous vehicle strategy as competition in self-driving transportation intensifies.
SpaceX-Cursor Deal Creates Four Multibillionaires in Their Mid-20s
SpaceX’s $60 billion acquisition of Cursor developer Anysphere has turned four MIT classmates in their mid-20s into multibillionaires almost overnight.