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'Still feels like science fiction': Google CEO Sundar Pichai hails SpaceX's Starship as it completes first-ever mid-air catch on return from orbit
SpaceX achieved a historic milestone by successfully catching its Starship spacecraft upright after a return from orbit. The spacecraft launched from Starbase in Texas and completed a mission that included deploying satellites. After reaching orbit, the Starship re-entered Earth's atmosphere and performed a controlled descent. It landed in the mechanical arms of its launch tower, named Mechazilla, completing the unprecedented maneuver.
Anthropic IPO buyers have more influence on price than SpaceX
Anthropic PBC is gearing up for its initial public offering, setting ambitious price targets to capture investor interest. The firm aspires to achieve record fundraising that could eclipse SpaceX's previous achievements. High-profile tech investors back Anthropic's private financing, indicating strong market confidence. Its traditional IPO pricing strategy, distinct from SpaceX's, positions Anthropic to navigate through the challenges of market fluctuations smoothly.
OpenAI, Google, Anthropic hit with lawsuit to halt AI development
A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair business practices for its basis. If successful, this could significantly impact the future of AI development in these companies.
Investors flock to Anthropic IPO but question durability of AI lead
The Anthropic roadshow is scheduled to run through next Wednesday, when the AI company is expected to price the $64 billion deal. Anthropic and its investment banks are meeting prospective investors in New York, Boston and San Francisco to gauge demand for the offering, one of the people and a third person familiar with the matter said.
SpaceX launches 15th Starship flight with hopes of achieving first round trip
SpaceX successfully launched its Starship spacecraft on a mission that aimed for both orbit and return. Unfortunately, the lower-stage Super Heavy booster rocket failed to complete its return flight. Starship's upper-stage vessel reached orbit and deployed 26 satellites into space. This launch marks SpaceX's 15th Starship test flight, contributing to their satellite connectivity business. The company hopes to achieve a fully reusable rocket system for future missions.
Why Bitcoin price today crashed to $68,000? ETF outflows, weak buying demand and $856 million in liquidations fuel selloff - can BTC USD rebound to $90,000?
Bitcoin price crash today: Bitcoin price has dropped to nearly $68,000, its lowest level since August, as more than $856 million in crypto positions were liquidated. ETF outflows and weak demand have added to the pressure, while Anthropic's upcoming IPO raises questions about investor interest in BTC USD and its chances of recovering to $90,000.
SpaceX to attempt first Starship spacecraft recovery on land in 15th flight
SpaceX plans to launch its Starship rocket for the 15th time to test spacecraft recovery. The mission will attempt to catch the spacecraft at the Texas launch site rather than discarding it at sea. Elon Musk envisions regular Starship launches to expand the Starlink satellite network and future AI capabilities. NASA has provided significant funding for the Starship project under the Artemis moon program.
Why SpaceX needs just two successful catches to change the future of rocket launches
SpaceX is preparing for its Starship Flight 15 mission which aims to recover both rocket stages after launch. This mission will test the reusability of rockets and the efficiency of SpaceX's recovery systems. Starship is set to deploy 26 next-generation Starlink V3 satellites into low Earth orbit during this flight. Successfully catching both stages could lead to reduced launch costs and increased satellite deployment.
SpaceX launch today: Elon Musk’s Starship Flight 15 double catch attempt - launch time, how to watch and why it matters
SpaceX launch: SpaceX is preparing for Starship Flight 15 on November 13, with Elon Musk’s company attempting to catch both the Super Heavy booster and Ship using mechanical arms at its Texas launch site for the first time. The test could move SpaceX closer to fully reusable rockets and support NASA’s future Moon mission plans.
Anthropic IPO share orders from China are said to be rebuffed
Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to complete its IPO on November 18, pricing the shares ahead of trading the next day.
Anthropic IPO to test Wall Street's appetite for AI stocks
Anthropic is preparing for a potential IPO that could value the Claude chatbot maker at up to $1.4 trillion. The proposed $64.4 billion share sale, alongside a separate private placement, could rank among the largest market debuts in history.
SpaceX and Tesla merger: Could a $10,000 investment grow to $20,000 by 2030 or are investors paying too much?
A potential SpaceX-Tesla merger could combine satellite internet, electric vehicles and AI under one company. SpaceX brings 161% quarterly revenue growth, while Tesla contributes more than $100 billion in annual sales. But both stocks carry high valuations. For investors considering $10,000, the biggest question is whether future growth can justify today's expensive share prices.
Elon Musk hints at willingness to hire Jensen Huang if Nvidia fires him over affairs
Nvidia CEO Jensen Huang is under scrutiny for his extramarital affairs and possible ties to Chinese intelligence. Investigations have prompted Nvidia’s board to meet regarding his future within the company. Congress has also requested Huang to provide details about his interactions with Alice Huang. Support for Huang has emerged from prominent figures, including SpaceX CEO Elon Musk.
Anthropic IPO could attract a record retail buying: Vanda Research
Retail investors are anticipated to show significant interest in Anthropic’s upcoming IPO scheduled for November 19. Vanda Research estimates around $250 million in net retail buying, which would surpass SpaceX's record. The analysis is based on pre-IPO perpetual futures trading activity on platforms like Hyperliquid and Coinbase. Only six stocks have previously attracted more than $250 million in single-session retail purchases since 2024.
Anthropic's potential mega IPO joins ranks of world's biggest stock market listings
Anthropic has kicked off its U.S. IPO roadshow, seeking to raise up to $64.4 billion by offering 825 million shares. This latest valuation stands at roughly $1.4 trillion, representing a drop from earlier estimations of $2 trillion. Notably, tech giants like Alphabet and Microsoft are set to invest $26 billion in a private placement.
Jessie Bates put $150,000 into SpaceX before it went public; the stake could now be worth 10 times that, and he’s cashing out
Jessie Bates III invested $150,000 in SpaceX during its Series J funding round in 2022. The investment grew significantly after SpaceX's IPO, which valued the company at $1.77 trillion. Bates expressed that he wished he had invested more after witnessing the company's growth trajectory. His financial strategy includes various technological investments and aims for long-term wealth creation. Bates also promotes financial literacy and community support through his foundation and initiatives.
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?
Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursday’s tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Wood’s AI strategy.
SpaceX stock today: SPCX rebounds 4.89% after 9% crash; can Adam Spatacco's prediction about Musk's Baron conference spark a rally?
Adam Spatacco's SpaceX stock prediction: SpaceX stock is trying to recover after Thursday’s 9.05% crash, with SPCX rising 4.89% to $129.66 in Friday premarket trading. Investors are now watching Elon Musk’s appearance at Baron Capital’s annual conference. Investor Adam Spatacco sees a potential rally catalyst, but the question is whether Musk can offer updates that support Starlink and the company’s AI growth story. Musk's appearance at the 2022 conference did not produce a positive reaction in Tesla shares.
US proposes space launch rule changes in potential boost for SpaceX
The FAA said it was proposing changes to definitions of when a flight abort is not mandatory and to clarify requirements and thresholds for when an abort - the early end of a launch or mission because of a problem - must occur. The FAA is proposing to revise rules for spacecraft breaking up as they fall to Earth and how space companies calculate the risks of falling space debris from those vehicles hitting people on the ground.
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