Bloomberg Technology
Musk to Combine SpaceX, xAI in a $1.25 Trillion Deal
Elon Musk is combining SpaceX and xAI in a deal that, according to people familiar with the matter, values the enlarged entity at $1.25 trillion. Bloomberg’s Loren Grush discusses the merger plan with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…
Bloomberg Technology
Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions
Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…
Bloomberg Technology
SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026
Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…
Bloomberg Technology
Anthropic Valuation of $965 Billion Passes OpenAI
Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes…
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