Keep pulling the thread on Elon Musk.
SpaceX is conducting a $75 billion IPO roadshow at a valuation of approximately $1.77 trillion.
Ramp is raising a new funding round at a $44 billion valuation.
For its upcoming IPO, SpaceX has pre-determined a share price of $135, valuing the company at $1.8 trillion, bypassing the traditional price discovery process.
The Ontario Teachers' Pension Plan is expected to make over $10 billion from its investment in SpaceX.
Apple is paying Google $1 billion to use Google's model as the default for its rebuilt Siri.
Lovable has reached $500 million in Annual Recurring Revenue (ARR) with only 146 employees.
Cursor has reached $4 billion in revenue and is targeting $6 billion by the end of the year.
Elon Musk's AI compute infrastructure is generating $2 billion per month in revenue from contracts with Anthropic and Google.
Suno, an AI music generation company, raised $400 million in a funding round led by Bond at a $5.4 billion valuation.
Bending Spoons, a roll-up of consumer tech companies, has reached $1.3 billion in revenue and is filing for a US IPO at a $20 billion valuation.
Databricks is conducting a new funding round at a $165 billion valuation, an increase from its $134 billion valuation earlier in the year.
Jason predicts that the SpaceX IPO will not "pop" on its first day of trading due to a lack of excessive demand, as indicated by the book being only 2x oversubscribed.