News & Updates
The latest news and updates from companies in the WLTH portfolio.
Dow Jones Top Company Headlines at 5 PM ET: Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever | Lilly's ...
Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever The company, which launches satellites and is building an AI business, is aiming to raise between $40 billion and $80 billion in an offering. ---- Lilly's Obesity Pill Approval Kicks Off New Front in Weight-Loss Drug Wars The drugmaker's pill will take on a rival from Novo Nordisk in the booming multibillion-dollar obesity drug market. Analysts expect U.S. new-vehicle sales to drop about 7% in the first quarter. ---- Conagra Returns to Organic Sales Growth, But Inflation Pressures Profit The food-and-snacks company narrowed its annual forecast amid mixed quarterly results. ---- The Soap Opera at Hedge Fund Two Sigma Has a New Plot Twist Co-founders John Overdeck and David Siegel stepped down as co-CEOs in 2024. They're still fighting over their successors. The company warned of possible delays in product ordering and shipping ---- Intel to Buy Apollo's Stake in Joint Ireland Chip Manufacturing Facility for $14.2 Billion Intel agreed to buy Apollo Global Management's 49% stake in the companies' Fab 34 joint venture chip manufacturing plant in Ireland for $14.2 billion. ---- Shake Shack Leans on Loyalty Program and Tech to Drive Growth The burger chain joins a list of restaurant chains leaning into loyalty programs to drive growth. ---- This Crypto Stock Drops 25% in U.S. Trading Debut. Can It Break the SPAC Curse? CoinShares, the crypto asset manager, goes public in the U.S. through a merger with a special-purpose acquisition company. ---- Lamb Weston Earnings Top Estimates. Why The Stock Is Barely Budging. Lamb Weston continues to grapple with falling demand in certain customer segments and faces pressure from activist investors. ---- Nike Can't Fix Its China Problem and That's Tanking Its Stock The sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse. ---- Bayer Weighs U.S. Pharma Expansion as Turnaround Picks Up Speed The company is looking at expanding its manufacturing footprint in the U.S., the head of its pharma unit said, turning to the world's largest drug market to drive a turnaround. ---- Anthropic Races to Contain Leak of Code Behind Claude AI Agent The developer has issued a copyright takedown request in a bid to prevent competitors from cloning the coding tool's features. ---- Cal-Maine's Shift Toward Premium Eggs Softens Hit From Falling Prices The egg producer logged lower profit and sales in its fiscal third quarter, hurt by materially lower egg prices compared with historic levels seen in the prior year. ---- Microsoft Plans to Invest $5.5 Billion in Singapore by 2029 Microsoft is on track to invest $5.5 billion in cloud and artificial-intelligence infrastructure in Singapore through 2029.
Artemis II, SpaceX launch may be seen in Jacksonville. When to watch them
All eyes are on NASA's massive Space Launch System spacecraft on launch day, Wednesday, April 1, 2026, from Kennedy Space Center in Florida. And people in Duval County may see it. This rocket launch near Cape Canaveral, Florida, will send four astronauts further in space than any humans before them. By the way, Artemis II isn't the only rocket launch from Florida this week. SpaceX is planning a much more routine rocket launch for Thursday, April 2, with a northeast trajectory (see below). The second under NASA's multibillion-dollar moon program, the Artemis II mission will send three Americans and one Canadian on a 10-day journey around the moon and back. While no landing is in store for the astronauts, the mission serves as a vital test flight to lay the groundwork for humans to make it back to the surface in as little as two years. Along the way, the Artemis II astronauts will make history, venturing about 250,000 miles in space - further than the record-setting Apollo 13 mission - while seeing a side of the moon that no human has ever seen. As of 5 p.m. ET on Wednesday, April 1, all signs are looking positive that the mission will get off the ground. "NASA's Artemis II closeout crew is now completing one of the most critical steps before launch: preparing and closing the crew module hatch to the Orion spacecraft," NASA said in a 3:17 p.m. update. Rockets here launch from NASA's Kennedy Space Center near Merritt Island, Florida, or Cape Canaveral Space Force Station, and people in and around Brevard County (aka the Space Coast) usually have the best chance at seeing this phenomenon in the sky. But pending weather conditions and cloud cover, the Artemis II mission's SLS rocket launch could be visible for most of Florida to parts of Georgia, according to NASA. Here's when and how to watch the Artemis II and SpaceX Starlink launches and the visibility map for tonight's historic Artemis II liftoff. For questions or comments, email USA TODAY Network Space Reporters Rick Neale at [email protected], Brooke Edwards at [email protected] or Eric Lagatta at [email protected]. For more space news from the USA TODAY Network, visit floridatoday.com/space. Is there a rocket launch from Florida today? Artemis II from Kennedy Space Center on Wednesday, April 1, 2026 * NASA's Artemis II mission: 3 NASA astronauts and a Canadian astronaut will venture around the moon and back during a 10-day flight, helping pave the way for future crewed lunar exploration missions. * Launch: 6:24 p.m. ET Wednesday, April 1, 2026, with a two-hour window. * Launch trajectory: East. * Launch location: Launch Pad 39B at NASA's Kennedy Space Center near Cape Canaveral, Florida. * Sonic booms for the Space Coast of Florida: No. * Live FLORIDA TODAY Space Team coverage: Starts hours before liftoff at floridatoday.com/space. SpaceX Starlink 10-58 on Thursday, April 2 * Mission: A SpaceX Falcon 9 rocket will launch 29 Starlink satellites into low-Earth orbit. * Launch window: 7:52 a.m. to 11:52 a.m. ET on Thursday, April 2. * Trajectory: Northeast. * Location: Launch Complex 40 at Cape Canaveral Space Force Station. * Sonic booms: No. * Live FLORIDA TODAY Space Team coverage: Starts 90 minutes before liftoff at floridatoday.com/space. Countdown clock to NASA Artemis II rocket launch from Florida How to watch Artemis II rocket launch from NASA's Kennedy Space Center near Cape Canaveral, Florida. What time is liftoff? When and where: Full coverage of the launch, including a live webcast with a countdown clock, live tweets, traffic and updates on the progression toward launch, kicks off at 10 a.m. ET on launch day, Wednesday, April 1, 2026, at floridatoday.com/space (you can type this on your browser on your phone) and will feature in-depth coverage. Ask our FLORIDA TODAY space team reporters Rick Neale and Brooke Edwards questions and strike up a conversation. You also can watch coverage via the FLORIDA TODAY app, which is available in the App Store or Google Play. You can download the free app for iPhone or Android or type floridatoday.com/space into your browser. FLORIDA TODAY is part of the USA TODAY Network. NASA Artemis II rocket launch may be visible in Jacksonville, Florida Though rockets in Florida blast off from NASA's Kennedy Space Center or nearby Cape Canaveral Space Force Station, it's possible for spacecraft to be seen far beyond the launch pad, including in other states: In December 2023, the SpaceX Falcon Heavy rocket was spotted from Boca Raton to Cedar Key to Myrtle Beach. And in February 2025, people in Fayetteville, North Carolina, posted photos and video of a Falcon 9 rocket after liftoff from Cape Canaveral, Florida. More recently, in February 2026, a SpaceX Falcon 9 rocket was seen about 150 miles away from Cape Canaveral in West Palm Beach, Florida. Pending weather conditions and cloud cover, the Artemis II mission's SLS rocket launch could be visible for most of Florida to parts of Georgia, according to NASA. According to the visibility map, the Artemis II launch should be visible from the Jacksonville area around 30 to 40 seconds after liftoff. Watch Artemis II rocket launch from Florida with NASA on Prime Video NASA content, including some rocket launches and the highly anticipated Artemis II mission from Kennedy Space Center in Florida, is available to watch through NASA+ on desktop, both from its official site and YouTube. The platform is also available to download as a mobile app on smartphones. All NASA+ content is also available to those who have Prime Video downloaded on any of their devices - whether it be a smartphone or smart TV. Watch NASA+ content with Amazon Prime Video The content, which does not require a Prime subscription to view, is one of Prime Video's FAST channels (free ad-supported television). Viewers can find it under Prime's Live TV section at the top of the screen when they open the app. Where to see rocket launches from Jacksonville. Can you see rocket launches from Duval County? Depending on trajectory, weather and cloud cover, there have been sightings of a SpaceX Falcon 9 or United Launch Alliance Delta Heavy rocket launch over the skies of Jacksonville, Florida, which is north of Cape Canaveral Space Force Station and NASA's Kennedy Space Center. Where to see a rocket launch in Jacksonville, Florida, area: * Jacksonville Beach, Florida * Neptune Beach, Florida * Atlantic Beach and West Atlantic Beach, Florida * Mayport, Florida * Ponte Vedra Beach, Florida, which touches south Jacksonville Beach * St. Augustine, Florida, which is less than an hour away Contributing: Kim Luciani. USA TODAY Network For the latest news and launch schedule from Cape Canaveral Space Force Station and NASA's Kennedy Space Center, visit floridatoday.com/space. Another easy way: Click here to sign up for our weekly Space newsletter.
SpaceX IPO: Elon Musk's rocket giant files confidentially
SpaceX has taken a major step toward going public. The rocket and satellite company of Elon Musk confidentially filed for a U.S. initial public offering, according to people familiar with the matter. The move puts SpaceX in a position to potentially outpace rivals like OpenAI and Anthropic in the race to tap public markets. SpaceX's potential debut could be historic. Sources suggest the company may target a valuation of more than $1.75 trillion, making it one of the largest stock market listings ever. The filing follows SpaceX's merger with Musk's AI venture, xAI, in a deal that valued SpaceX at $1 trillion and xAI at $250 billion. READ: SpaceX to pursue 'one of the largest' IPOs in 2026 (December 10, 2025) Driven by a strong pipeline of well-known private companies and pent-up investor demand, Wall Street is growing more hopeful that 2026 could be a breakout year for IPOs. Should big companies go with listings, Goldman Sachs estimates that U.S. IPO proceeds could explode to a record $160 billion this year. SpaceX dominates the commercial space sector, launching more rockets than any competitor. It also operates a rapidly expanding satellite communications network that delivers internet access globally and plays an increasing role in defense applications. Beyond that, SpaceX has ambitions to support lunar missions, enable Mars colonization, and even deploy artificial intelligence data centers in space. To prepare for the listing, SpaceX is engaging analysts through a series of events, including an in-person analyst day on April 21, a visit to xAI's "Macrohard" data center in Memphis on April 23, and a virtual financial modeling session scheduled for May 4. READ: Is Elon Musk trying to influence SpaceX's valuation ahead of IPO (February 3, 2026) Still, uncertainties remain. Geopolitical tensions and structural shifts in global markets continue to drive volatility in equities, posing risks to IPO momentum. Valuing SpaceX may prove challenging, as investor sentiment around Musk's long-term vision could heavily influence pricing. Angelo Bochanis of Renaissance Capital noted, "Investors could use a sum-of-the-parts analysis, but, like with Tesla, SpaceX's valuation could very much fluctuate wildly based off how much the public believes in Musk's vision. So far, investors seem to be clamoring for any sort of exposure to SpaceX."
Anthropic gets a taste of its own medicine
Anthropic sent a copyright takedown request to control the spread. When a segment of the source code for Anthropic's celebrated AI agent, Claude Code, ended up on GitHub on Tuesday, it was a ravenous free-for-all. Engineers of all stripes soaked it up as quickly as they could, hoping to learn from it and perhaps use it to improve their own projects. If using stolen information to improve intelligence sounds familiar, that's because it's exactly what the big AI companies have been dabbling in for years as they compete to train their large-language models -- Anthropic included. So it was not without a hint of irony that, to prevent engineers from accessing the leaked code, Anthropic swiftly issued a copyright takedown notice to the GitHub repository hosting it. "We issued a DMCA takedown against one repository hosting leaked Claude Code source code and its forks," an Anthropic spokesperson said, referring to the Digital Millennium Copyright Act. Anthropic, OpenAI, and Google have all faced lawsuits over their use of copyrighted material -- including published books, articles, scientific journals, and other content found online -- without explicit permission. In response, authors, artists, and publishers have used copyright law to seek accountability and, often, payment. In September, a court ordered Anthropic to pay $1.5 billion in damages in a class-action lawsuit brought by authors and publishers -- including lead plaintiffs Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson -- over allegations it used pirated books and shadow libraries to train Claude. Reddit sued Anthropic last June for scraping volumes of user-generated content to train its models without authorization or compensating users. And, last month, Universal Music Group, Concord, and ABKCO filed a suit against Anthropic for illegally downloading over 20,000 copyrighted songs, also for training its models. Now the tables have turned, and Anthropic is leaning on copyright laws to protect its own creations. "We're rolling out measures to prevent this from happening again," a spokesperson for Anthropic said. Fortunately for the company, the leak may not be as bad as some thought. Paul Price, a cybersecurity specialist and founder of the ethical hacking firm Code Wall -- which recently uncovered vulnerabilities in McKinsey's internal chatbot, Lilli -- said the Anthropic leak didn't expose anything critical. "It's more embarrassing than detrimental. Most of the real juicy stuff is in their internal source models and that wasn't leaked," he told Business Insider. He said the company inadvertently exposed its "harness" -- a software infrastructure typically used to connect large language models to the broader context in which they're used. "Claude Code is one of the best-designed agent harnesses out there, and now we can see how they approach the hard problems," Price added, noting that it could also prove useful intel for competitors. The leak also highlighted a paradox of the AI hype cycle: the same tools that make it faster than ever to build and ship products also make it easier for information -- sensitive or not -- to leak, replicate, and spread instantly.
Artemis II launch today, SpaceX tomorrow. Watch from the Treasure Coast
All eyes are on NASA's massive Space Launch System spacecraft on launch day, Wednesday, April 1, 2026, from Kennedy Space Center in Florida. This rocket launch near Cape Canaveral, Florida, will send four astronauts further in space than any humans before them. By the way, Artemis II isn't the only rocket launch from Florida this week. SpaceX is planning a much more routine rocket launch for Thursday, April 2, with a northeast trajectory (see below). The second under NASA's multibillion-dollar moon program, the Artemis II mission will send three Americans and one Canadian on a 10-day journey around the moon and back. While no landing is in store for the astronauts, the mission serves as a vital test flight to lay the groundwork for humans to make it back to the surface in as little as two years. Along the way, the Artemis II astronauts will make history, venturing about 250,000 miles in space - further than the record-setting Apollo 13 mission - while seeing sights of the far side of the moon that no human has ever laid eyes upon. As of 5 p.m. ET Wednesday, April 1, all signs are looking positive that the mission will get off the ground. "NASA's Artemis II closeout crew is now completing one of the most critical steps before launch: preparing and closing the crew module hatch to the Orion spacecraft," NASA said in a 3:17 p.m. update. Rockets here launch from NASA's Kennedy Space Center near Merritt Island, Florida, or Cape Canaveral Space Force Station, and people in and around Brevard County (aka the Space Coast) usually have the best chance at seeing this phenomenon in the sky. But pending weather conditions and cloud cover, the Artemis II mission's SLS rocket launch could be visible for most of Florida to parts of Georgia, according to NASA. Here's when and how to watch the Artemis II and SpaceX Starlink launches and the visibility map for tonight's historic Artemis II liftoff. For questions or comments, email USA TODAY Network Space Reporters Rick Neale at [email protected], Brooke Edwards at [email protected] or Eric Lagatta at [email protected]. For more space news from the USA TODAY Network, visit floridatoday.com/space. Is there a rocket launch from Florida today? Next launch is Artemis II from Kennedy Space Center on Wednesday, April 1, 2026 * NASA's Artemis II mission: 3 NASA astronauts and a Canadian astronaut will venture around the moon and back during a 10-day flight, helping pave the way for future crewed lunar exploration missions. * Launch: 6:24 p.m. ET Wednesday, April 1, 2026, with a two-hour window * Launch trajectory: East * Launch location: Launch Pad 39B at NASA's Kennedy Space Center near Cape Canaveral, Florida * Sonic booms for the Space Coast of Florida: No * Live FLORIDA TODAY Space Team coverage: Starts hours before liftoff at floridatoday.com/space. SpaceX Starlink 10-58 on Thursday, April 2, 2026 * Mission: A SpaceX Falcon 9 rocket will launch 29 Starlink satellites into low-Earth orbit. * Launch window: 7:52 a.m. to 11:52 a.m. ET on Thursday, April 2, 2026 * Trajectory: Northeast. * Location: Launch Complex 40 at Cape Canaveral Space Force Station in Cape Canaveral, Florida * Sonic booms for Florida's Space Coast: No. * Live FLORIDA TODAY Space Team coverage: Starts 90 minutes before liftoff at floridatoday.com/space. Countdown clock to NASA Artemis II rocket launch from Florida How to watch Artemis II rocket launch from NASA's Kennedy Space Center near Cape Canaveral, Florida. What time is liftoff? When and where: Full coverage of the launch, including a live webcast with a countdown clock, live tweets, traffic and updates on the progression toward launch, kicked off at 10 a.m. ET on launch day, Wednesday, April 1, 2026, at floridatoday.com/space (you can type this on your browser on your phone) and will feature in-depth coverage. Ask our FLORIDA TODAY space team reporters Rick Neale and Brooke Edwards questions and strike up a conversation. You also can watch coverage via the FLORIDA TODAY app, which is available in the App Store or Google Play. You can download the free app for iPhone or Android or type floridatoday.com/space into your browser. FLORIDA TODAY is part of the USA TODAY Network. Where to watch Artemis II rocket launch in Sebastian, Vero Beach, Florida * Sebastian Inlet State Park, 9700 S. State Road A1A, Melbourne Beach, Florida (cost to enter) * Wabasso Beach Park, 1808 Wabasso Beach Road, Wabasso, Florida * Ambersands Beach Park, 12566 N. SR A1A, Vero Beach, Florida (free parking) * South Beach Park, 1700 Ocean Drive, Vero Beach, Florida (free parking) * Merrill Barber Bridge in Vero Beach, Florida * Alma Lee Loy Bridge in Vero Beach, Florida Where to watch NASA Artemis II rocket launch in Fort Pierce, Jensen Beach, Florida * Fort Pierce Inlet State Park, 905 Shorewinds Drive, Fort Pierce, Florida * Blind Creek Beachside North and South, 5460 S. Ocean Drive, Fort Pierce, Florida * Blue Heron Beach, 2101 Blue Heron Blvd., Fort Pierce, Florida * Frederick Douglass Memorial Park, 3600 S. Ocean Drive, Fort Pierce, Florida * Dollman Park Beachside, 9200 S. Ocean Drive, Jensen Beach, Florida * Herman's Bay Beach, 7880 S. Ocean Drive, Jensen Beach, Florida * John Brooks Park Beachside, 3300 S. Ocean Drive, Fort Pierce, Florida * Middle Cove Beach, 4600 S. Ocean Drive, Fort Pierce, Florida * Normandy Beach in Jensen Beach, Florida * Pepper Park Beachside, 3302 N. SR A1A, Fort Pierce, Florida * Walton Rocks Beach, 6700 S. Ocean Drive, Jensen Beach, Florida (dog park) * Waveland Beach, 10350 S. Ocean Drive, Jensen Beach, Florida Where to watch Artemis II rocket launch in Stuart, Florida * State Road A1A causeway in Stuart, Florida * House of Refuge and beach, 301 S.E. MacArthur Blvd., Stuart, Florida Livestream Artemis II rocket launch from Florida with NASA on Prime Video NASA content, including some rocket launches and the highly anticipated Artemis II mission from Kennedy Space Center in Florida, is available to watch through NASA+ on desktop, both from its official site and YouTube. The platform is also available to download as a mobile app on smartphones. All NASA+ content is also available to those who have Prime Video downloaded on any of their devices - whether it be a smartphone or smart TV. Watch NASA+ content with Amazon Prime Video The content, which does not require a Prime subscription to view, is one of Prime Video's FAST channels (free ad-supported television). Viewers can find it under Prime's Live TV section at the top of the screen when they open the app. For the latest news and launch schedule from Cape Canaveral Space Force Station and NASA's Kennedy Space Center, visit floridatoday.com/space. Another easy way: Click here to sign up for our weekly Space newsletter.
Artemis II launch today, SpaceX tomorrow. See liftoff from Daytona, New Smyrna
All eyes are on NASA's massive Space Launch System spacecraft on launch day, Wednesday, April 1, 2026, from Kennedy Space Center in Florida. This rocket launch near Cape Canaveral, Florida will send four astronauts further in space than any humans before them. By the way, Artemis II isn't the only rocket launch from Florida this week. SpaceX is planning a much more routine rocket launch for Thursday, April 2, with a northeast trajectory (see below). The second under NASA's multibillion-dollar moon program, the Artemis II mission will send three Americans and one Canadian on a 10-day journey around the moon and back. While no landing is in store for the astronauts, the mission serves as a vital test flight to lay the groundwork for humans to make it back to the surface in as little as two years. Along the way, the Artemis II astronauts will make history, venturing about 250,000 miles in space - further than the record-setting Apollo 13 mission - while seeing sights of the far side of the moon that no human has ever laid eyes upon. As of 3:30 p.m. ET on Wednesday, April 1, all signs are looking positive that the mission will get off the ground. "NASA's Artemis II closeout crew is now completing one of the most critical steps before launch: preparing and closing the crew module hatch to the Orion spacecraft," NASA said in a 3:17 p.m. update. Rockets here launch from NASA's Kennedy Space Center near Merritt Island, Florida, or Cape Canaveral Space Force Station, and people in and around Brevard County (aka the Space Coast) usually have the best chance at seeing this phenomenon in the sky. But pending weather conditions and cloud cover, the Artemis II mission's SLS rocket launch could be visible for most of Florida to parts of Georgia, according to NASA. Here's when and how to watch the Artemis II and SpaceX Starlink launches and the visibility map for tonight's historic Artemis II liftoff. For questions or comments, email USA TODAY Network Space Reporters Rick Neale at [email protected], Brooke Edwards at [email protected] or Eric Lagatta at [email protected]. For more space news from the USA TODAY Network, visit floridatoday.com/space. Is there a rocket launch from Florida today? Next launch is Artemis II from Kennedy Space Center on Wednesday, April 1, 2026 * NASA's Artemis II mission: 3 NASA astronauts and a Canadian astronaut will venture around the moon and back during a 10-day flight, helping pave the way for future crewed lunar exploration missions. * Launch: 6:24 p.m. ET Wednesday, April 1, 2026, with a two-hour window * Launch trajectory: East * Launch location: Launch Pad 39B at NASA's Kennedy Space Center near Cape Canaveral, Florida * Sonic booms for the Space Coast of Florida: No * Live FLORIDA TODAY Space Team coverage: Starts hours before liftoff at floridatoday.com/space. SpaceX Starlink 10-58 on Thursday, April 2, 2026 * Mission: A SpaceX Falcon 9 rocket will launch 29 Starlink satellites into low-Earth orbit. * Launch window: 7:52 a.m. to 11:52 a.m. ET on Thursday, April 2. * Trajectory: Northeast. * Location: Launch Complex 40 at Cape Canaveral Space Force Station. * Sonic booms: No. * Live FLORIDA TODAY Space Team coverage: Starts 90 minutes before liftoff at floridatoday.com/space. Countdown clock to NASA Artemis II rocket launch from Florida How to watch Artemis II rocket launch from NASA's Kennedy Space Center near Cape Canaveral, Florida. What time is liftoff? When and where: Full coverage of the launch, including a live webcast with a countdown clock, live tweets, traffic and updates on the progression toward launch, kicks off at 10 a.m. ET on launch day, Wednesday, April 1, 2026, at floridatoday.com/space (you can type this on your browser on your phone) and will feature in-depth coverage. Ask our FLORIDA TODAY space team reporters Rick Neale and Brooke Edwards questions and strike up a conversation. You also can watch coverage via the FLORIDA TODAY app, which is available in the App Store or Google Play. You can download the free app for iPhone or Android or type floridatoday.com/space into your browser. FLORIDA TODAY is part of the USA TODAY Network. Can you see a Florida rocket launch in Daytona, New Smyrna Beach? Where to see Artemis II liftoff Here's a tip: Leave early to allow yourself plenty of time to navigate rush hour/spring break traffic, time to find parking and get situated. In Volusia County, immediately north of Brevard County -- home to Kennedy Space Center and Cape Canaveral Space Force Station -- you can get a great view of a SpaceX, NASA or United Launch Alliance rocket launch. The best views to watch a rocket launch from here are along the beach. Look due south. Recommended spots: * South New Smyrna Beach (Canaveral National Seashore) * Mary McLeod Bethune Beach Park, 6656 S. Atlantic Ave., New Smyrna Beach. Bethune Beach is 3.5 miles south of New Smyrna Beach and one mile north of the Apollo Beach entrance to Canaveral National Seashore Park. * Apollo Beach at Canaveral National Seashore (south of New Smyrna Beach). Canaveral National Seashore runs along Florida's East Coast in Volusia County and Brevard County. To access Apollo Beach, take Interstate 95 to exit 249, then travel east until it turns into State Road A1A. Follow SR A1A south to the park entrance. * Oak Hill riverfront is the southernmost city in South Volusia County. * Sunrise Park, 275 River Road, Oak Hill * Goodrich's Seafood and Oyster House back deck, 253 River Road, Oak Hill * Seminole Rest national historic site, 211 River Road, Oak Hill * Riverbreeze Park, 250 H.H. Burch Road, Oak Hill * Mary Dewees Park, 178 N. Gaines St., Oak Hill * Nancy Cummings Park, 232 Cummings St., Oak Hill * Jimmie Vann Sunrise Park, 275 River Road, Oak Hill * A.C. Delbert Dewees Municipal Pier, 243 River Road, Oak Hill * Bird Observation Pier on River Road across from A.C. Delbert Municipal Pier (see above) * Rose Bay in Port Orange, Florida * beaches along New Smyrna Beach, Florida * New Smyrna Beach Inlet, New Smyrna Beach lifeguard station * Halifax Harbor Marina in Daytona Beach, Florida * Ormond-by-the-Sea in Ormond Beach, Florida * George R. Kennedy Memorial Park in Edgewater, Florida Watch Artemis II rocket launch from Florida with NASA on Prime Video NASA content, including some rocket launches and the highly anticipated Artemis II mission from Kennedy Space Center in Florida, is available to watch through NASA+ on desktop, both from its official site and YouTube. The platform is also available to download as a mobile app on smartphones. All NASA+ content is also available to those who have Prime Video downloaded on any of their devices - whether it be a smartphone or smart TV. Watch NASA+ content with Amazon Prime Video The content, which does not require a Prime subscription to view, is one of Prime Video's FAST channels (free ad-supported television). Viewers can find it under Prime's Live TV section at the top of the screen when they open the app. For the latest news and launch schedule from Cape Canaveral Space Force Station and NASA's Kennedy Space Center, visit floridatoday.com/space. Another easy way: Click here to sign up for our weekly Space newsletter.
Perplexity AI Under Fire In Lawsuit Alleging Privacy Violations - Alphabet (NASDAQ:GOOG), Alphabet (NASDA
Doe claimed the AI company integrated "undetectable" tracking software into its search engine code, which automatically sends users' conversations to Meta, Google and other third parties. "We have not been served any lawsuit that matches this description, so we are unable to verify its existence or claims," Jesse Dwyer, chief communications officer for Perplexity, wrote in a statement to Benzinga. The lawsuit also accused Meta and Google of violating state and federal computer privacy and fraud laws. Perplexity and Others in Court This was not the first time that Perplexity has been sued. Last month, a federal judge in San Francisco issued a preliminary injunction preventing Perplexity from using its Comet browser's AI agent to enter password-protected areas of Amazon's website and make purchases for users. The lawsuit alleged the company deliberately disguised its AI agent as a regular Google Chrome browser session and was not transparent about its usage. Amazon also has another lawsuit against Perplexity over its "Buy with Pro" e-commerce feature, which Amazon alleged scrapped product listings without authorization. This was not the first case of artificial intelligence overstepping the boundaries of set rules and regulations. Anthropic, the AI company behind the Claude chatbot, was facing a lawsuit from music rights management company BMG. According to a Rolling Stone report, BMG alleged Anthropic used lyrics from major artists to train its chatbot without obtaining proper authorization. In a more serious case, three Tennessee teenagers filed a federal class-action lawsuit against Elon Musk's xAI, claiming its AI chatbot Grok created and spread sexualized images of them without consent, Reuters reported. Photo: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
SpaceX Files for Initial Public Offering
The move puts SpaceX on track for a public market listing by July, The Wall Street Journal reported, citing people familiar with the process. Elon Musk's SpaceX has confidentially filed papers with US securities regulators for what could become the largest initial public offering in history, a source familiar with the matter told AFP. The move puts SpaceX on track for a public market listing by July, The Wall Street Journal reported, citing people familiar with the process. The US Securities and Exchange Commission declined to comment. US media reported that the IPO could value the company at an impressive $75 billion or more, a figure reflecting its sky-high ambitions. The offering is expected to surpass the largest public listing on record so far, that of Saudi oil giant Saudi Aramco in 2019, when it raised $25.6 billion. SpaceX, which dominates the space launch market with its reusable rockets, is owned by Musk along with several investment funds and technology companies, including Google parent Alphabet. The company's rockets have dramatically reduced the cost of putting satellites into orbit. SpaceX also owns the Starlink satellite network. In February, Musk announced that SpaceX was taking over his artificial intelligence company xAI. The move is part of the billionaire's plan to use SpaceX rockets to launch solar-powered, satellite-based data centers designed to develop and run future AI models. | BGNES
Anthropic Rushes to Limit Leak of Claude Code Source Code (1)
is rushing to address the behind Claude Code, an AI-powered assistant that has become a key moneymaker for the company. Thousands of copies of the code were removed from GitHub in response to copyright takedown requests from Anthropic, according to a notice on the popular developer platform. Anthropic later said the takedown impacted more GitHub repositories than intended and has since been significantly scaled back. The artificial intelligence startup is also taking steps to tweak its internal systems to prevent a similar leak from happening again, including by improving its automation process. ...
SpaceX: Aiming for the Stars with Potential Record-Breaking IPO | Technology
Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, potentially exceeding Saudi Aramco's 2019 IPO record. Valued around $1.75 trillion, SpaceX anticipates strong demand driven by its Starlink satellite business and technological advancements. The IPO underscores SpaceX's role in the commercial space race, enhancing AI integration and global internet access. SpaceX, under the leadership of Elon Musk, has confidentially submitted for a U.S. initial public offering, according to sources revealed on Wednesday, positioning for possibly the largest IPO in history. Renowned for launching more rockets than any competitor, SpaceX promises investments in lunar missions and Mars colonization. Its ambitious plans include orbiting AI data centers and a lucrative satellite communication network revolutionizing internet access and attracting military applications under Musk's direction, the world's richest and yet divisive figure. Projected at a potential $1.75 trillion valuation post merger with xAI, SpaceX is expected to redefine IPO scales, reminiscent of Saudi Aramco's 2019 records. Analysts and investors are tuning in for SpaceX's financial reveal sessions, complete with Starlink's revenue assurance and Musk's unwavering global endeavors.
SpaceX files to go public, paving way to make Elon Musk first trillionaire
The space exploration company SpaceX has taken steps to sell its shares to the public for the first time, which could set the stage for one of the largest initial public offerings (IPOs) in modern history. The news could also put founder Elon Musk on the path towards becoming the world's first trillionaire. News reports on Wednesday stated that the company quietly filed for an IPO, which could take place as soon as June or July. The company's stock market listing is expected to bring in as much as $75bn. "Investors could use a sum-of-the-parts analysis, but, like with Tesla, SpaceX's valuation could very much fluctuate wildly based on how much the public believes in Musk's vision," Angelo Bochanis, a data and index associate at the company Renaissance Capital, told the news service Reuters. "So far, investors seem to be clamouring for any sort of exposure to SpaceX." The company's space and satellite business has attracted attention from investors for years. Currently, SpaceX is considered the most valuable privately held company in the world, particularly after its February merger with another Musk venture, the artificial intelligence firm xAI. Musk has also made ambitious pronouncements about the company's future, with goals of putting a base on the moon and even sending humans to Mars. It is unclear whether some of those more extravagant goals will proceed according to their previously announced timelines. Last year, for example, Musk doubled down on his goal of sending an uncrewed mission to Mars by the end of 2026, though he acknowledged there was a 50-50 chance he would not succeed. Still, his company has notched substantial successes in areas such as satellite communications. The company Starlink, owned by SpaceX, has become the world's largest satellite communications company. Musk himself has generated controversy in recent years, particularly due to his close associations with right-wing movements and figures like US President Donald Trump. Experts nevertheless say a SpaceX public offering is likely to generate significant enthusiasm, despite Musk's ties. "It is understandable that investors would be concerned with Musk overseeing multiple significant enterprises, especially given his polarising public profile at times. However, SpaceX appears somewhat differentiated," Kat Liu, vice president at the financial firm IPOX, told Reuters. "The business is operationally mature, technologically ahead in several key areas, and profitable, which provides a solid fundamental underpinning." The research firm Pitchbook has estimated that the offering could bring SpaceX's valuation to nearly $1.5 trillion, nearly twice what it was in December. The estimated $75bn IPO would easily surpass the oil giant Saudi Aramco's $25.6bn in 2019, which holds the record for the largest IPO in history.
Elon Musk's SpaceX files confidential initial public offering
Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Billionaire Elon Musk's SpaceX has confidentially filed for an initial public offering in what could be the largest stock market debut ever, according to the Associated Press. The space exploration company submitted a draft IPO filing to the Securities and Exchange Commission, with a possible listing expected in June, the news outlet reported, citing sources familiar with the matter. SpaceX did not immediately respond to a request for comment. The Texas-based company did not disclose how much it is planning to raise, but could seek as much as $75 billion. Going public could boost SpaceX's valuation to $1.5 trillion, nearly double what the company was valued at in December, according to research firm Pitchbook. Saudi Aramco, Saudi Arabia's state-owned petroleum and natural gas company, went public in 2019 for $25.6 billion, according to investment bank Renaissance Capital, while Alibaba, a Chinese company that specializes in e-commerce, went public for $21.8 billion in 2014. The confidential filing allows the company to gather private feedback from regulators and temporarily insulates it from public scrutiny. Once the registration filing is made public, investors will be able to get a snapshot of the company's operations and finances. The injection of funding could help SpaceX further scale its space operations, build more data centers -- which Musk wants to put into space -- and expand Starlink technology to new satellite constellations, Wedbush Securities analyst Dan Ives said in a report last week. Going public could also position SpaceX to get more defense contract opportunities with the Trump administration, particularly for the "Golden Dome" project, Ives added. President Trump announced plans for the Golden Dome last year, a missile defense system to protect the country from aerial attacks. SpaceX, founded by Musk in 2002, develops and launches spacecraft. Last month, the company sent four NASA astronauts on an 8-month mission to the International Space Station. NASA has also tapped SpaceX to develop a "human landing system" -- a specialized spacecraft -- to deliver a crew to the lunar surface as part of its Artemis program. The last moon landing was in 1972. SpaceX's portfolio has grown, with the acquisition of Musk's artificial intelligence company, xAI, in February 2026, boosting the company's valuation to $1.25 trillion. Tesla, Musk's electric car company that went public in 2010, could prove to be a useful test case for SpaceX as it navigates the IPO process. The EV maker has faced some headwinds in the last year due to Musk's involvement with the Trump administration's Department of Government Efficiency, or DOGE, cost-cutting efforts. On the whole, Tesla has performed well financially, although its annual revenue growth has flatlined in recent years. In 2025, the company brought in nearly $95 billion in revenue compared to around $97.7 billion in 2024, according to S&P Capital IQ. Still, the company's investors have reaped major benefits, with the company's share price up more than 73% in the last five years alone. Tesla's self-driving technology and the development of a humanoid robot, dubbed Optimus, are expected to further turbocharge growth, according to Ives. Ives said SpaceX could also eventually absorb Musk's electric vehicle company. He predicts a 2027 merger. "Musk wants to own and control more of the AI ecosystem and step-by-step, the holy grail could be combining SpaceX and Tesla in some way to give the connected tissue between both disruptive tech stalwarts looking to lead the AI revolution," he said.
Musk fires starting gun on record SpaceX IPO
Elon Musk's rocket firm SpaceX has confidentially filed for what could become the biggest stock market listing ever. Reports suggest the company, now merged with Musk's artificial intelligence (AI) start-up xAI, could be valued at more than $1.75 trillion (£1.3 trillion). SpaceX already dominates the space sector, and operates the Starlink satellite system that offers internet access to far-flung locations as well as in war zones and for citizens cut off from the web by oppressive regimes. But its ambitions under Musk - the world's richest man and boss of electric car maker Tesla - go further as it seeks to put people back on the moon and looks to explore Mars. Central to its plans is putting AI data centres in space. SpaceX is hosting analyst sessions this month and in May ahead of its initial public offering (IPO), Reuters news agency reported. The Texas firm could seek to raise more than $50billion (£38billion), surpassing the 2019 flotation of Saudi Aramco, which remains the largest IPO on record. Going up? Reports suggest Elon Musk's rocket firm SpaceX now merged with his artificial intelligence start-up xAI, could be valued at more than $1.75trn Market participants are expecting strong demand from retail and institutional investors. Other high-profile start-ups, including ChatGPT maker OpenAI and rival Anthropic, are also said to be considering large market debuts. Companies can submit IPO documents to regulators privately, giving them time to address feedback and refine disclosures away from public scrutiny. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you
What Anthropic's Leak Means For The Coming Wave Of 'Dark Code'
Not all coding problems are AI-generated. On Tuesday, Anthropic said a leak triggered by a "human error" exposed 500,000 lines of source code underlying its marquee AI coding assistant Claude Code. The company said the leak didn't impact sensitive customer data or its AI models, but it did reveal some details about how Anthropic built the tool's user interface. By Wednesday, Anthropic used copyright takedown requests to pull down 8,000 copies posted on GitHub. It's a bad look for Anthropic. Claude Code, which brought in $2.5 billion in run rate revenue as of February, has helped it gain an edge against its rivals and boost its business. Worse, it's Anthropic's second data mishap of the week. On Monday, the company accidentally published a blog post announcing its next big model update: Claude Mythos, The Information reported. Although the Claude Code incident was human error, security breaches aren't isolated incidents. Data labelling startup Mercor confirmed that it was hit by a security incident linked to open source project LiteLLM, TechCrunch reported. Extortion group Lapsus$ claimed it had gotten access to data like emails, phone numbers and resumes of data labelers as well as source code but it remains unclear if that data was affected by the breach. These types of attacks are bound to be more prevalent as AI agents write code and ship software, Sarah Guo, founder of AI-focused VC firm Conviction wrote in a post on X. Guo calls it "dark code." Before AI, when all code was written slowly and deliberately by humans, programmers were forced to deeply understand the systems they were building. But now that AI agents write code super-fast, no one fully understands it or the decisions the agent made, making it difficult to pinpoint why a data leak or security incident happened. Because coding agents select tools and execute plans in real time, documentation of their reasoning and the steps they take can disappear -- making it difficult to ensure the system is secure. Plus, thanks to AI, non-technical employees like product managers or marketers can produce complex software, bypassing traditional security checks. "Shipping before you fully understand what you've built isn't a character flaw. Today, it's how you compete," she wrote. A gaggle of cybersecurity startups are jumping on the opportunity to help defend systems against malicious threats. Many like Depthfirst, which just raised $120 million in funding, are using agents to fight against security vulnerabilities created by other AI agents. Now let's get into the headlines. BIG PLAYS OpenAI closed its historic $122 billion funding round, which values the AI titan at $852 billion -- making it the largest-ever private tech financing. The round includes backing from Amazon ($50 billion), Nvidia ($30 billion) and Softbank ($30 billion) as well as individual investors through banks and global institutions. The company will also be included in publicly traded ETFs managed by Ark Invest, allowing retail investors to get exposure to OpenAI for the first time. Some experts noted that a lot of that money appears to be returning to the companies that wrote the checks in one way or another. OpenAI plans to spend $100 billion over the next eight years on compute infrastructure from AWS. Its models run on Nvidia's chips and infrastructure. For Amazon and Nvidia, "it is a way to convert their dormant cash pile into revenue, which Wall Street loves," Dan Taylor, a professor of accounting at Wharton wrote on X. The ChatGPT maker is now generating $2 billion in revenue every month -- that's four times faster than both Meta and Alphabet. The company expects ChatGPT to grow to 1 billion weekly active users soon. But that rapid growth has come at a cost. OpenAI has had to kill several products (most recently its popular video sharing app Sora) along the way. Here's a full list of all the deals and products that haven't materialized. TALENT RESHUFFLE Oracle is laying off tens of thousands workers, CNBC reported. The tech giant has faced investor pressure over the vast sums of debt it's raised to fund its AI investments, including building data centers for OpenAI, combined with dwindling cash flow. In February, Oracle said it plans to raise $45 billion to $50 billion in debt and equity in 2026. Cutting the jobs should help free up as much as $10 billion in cash flow for its capital expenditures. The company's shares have plunged 57% since reaching its peak of $345.72 last September, Forbes reported. DEEP DIVE Why This AI Law Firm Is Ditching The Billable Hour Ross Weiser isn't like most lawyers. Rather than spending hours digging through documents and responding to client emails, on a typical day he oversees a swarm of AI agents. After they've combed through contracts and marked them up with comments and suggestions, he'll review the agents' work, addressing legal nuances they missed and making sure they haven't made anything up. Then Weiser works with a team of AI researchers, suggesting tweaks to prompts and explaining why one AI-generated answer is better than another from a legal standpoint. Six months ago, Weiser joined Crosby, an entirely new type of law firm where a suite of AI agents and 30 lawyers collaborate to speed up reviews for commercial contracts like services agreements, data processing agreements and NDAs. The gig is wildly different from Weiser's previous job as an associate at storied law firm Sullivan & Cromwell. While the firm rolled out ChatGPT to help with legal work, he found the chatbot unhelpful for complex tasks and frustrating to work with. "It felt like with some more prompting, maybe I could get it to give me what I want, but I didn't have the time for that because you've got to bill your hours and you've got deadlines," he tells Forbes. Now there's no need to bill hours at all. Instead, Crosby charges by the contract, which its AI agents can review in a matter of hours instead of days or weeks, with a human lawyer to do a final check. The idea is to align the firm's financial incentives with those of its clients: closing deals faster. "This is I think the most dramatic change for lawyers in a hundred years," says CEO Ryan Daniels, a former lawyer who worked as in-house counsel for over a decade at multiple AI startups. He cofounded Crosby in September 2024 with ex-Ramp engineering manager John Sarihan. The nascent law firm is already servicing about 100 clients, including buzzy AI startups like Cursor, Clay, ListenLabs, Rogo and Cognition as well as massive companies like real estate firm Tishman Speyer ($64.4 billion in assets under management). Its agents have reviewed 13,000 contracts to date and revenue has grown about 400% since October. At its core, Crosby is upending the way traditional law firms work. Under the current hourly billing model, lawyers tediously track their work in six-minute increments and send multiple invoices for each contract -- a set-up Daniels calls "taxing." Instead, Crosby charges anywhere from $250 to $1,000 per contract, roughly based on the number of pages, about $10 to $50 per page. Read the full story on Forbes. MODEL BEHAVIOR Entrepreneur Matt Cortland created AI agents using synthetic voice startup ElevenLabs, then directed them to call 3,000 bartenders across Ireland to inquire about the cost of a pint of Guinness, Fortune reported. He then turned to Claude Code to create "Guinndex" -- a real-time and up-to-date consumer price index for a pint of the drink across the island. Now Cortland can compare his local pub's €7.80 ($8.93) pint against others sold across the country.
Institute Pushes Enterprise Agility As Key To Surviving Disruption
The Project Management Institute Agile Alliance has unveiled a new "Manifesto for Enterprise Agility," aimed at helping organisations navigate rapid disruption and bridge the gap between strategy and execution. The guide, released in Lagos, comes amid growing pressure on businesses to continuously reinvent their operating models in response to evolving market realities. According to PMI's global C-suite research, 93 per cent of senior executives say they must rethink and challenge their business approaches at least every five years, while nearly 65 per cent are doing so every two years or faster. Despite this, many organisations struggle to translate strategy into actionable outcomes. The managing director, Sub-Saharan Africa at PMI, George Asamani, said the core challenge lies in execution rather than strategy formulation. "Most organisations don't struggle with strategy; they struggle with turning strategy into coordinated action. Enterprise agility is about building organisations that can adapt quickly without losing alignment, so leaders can respond to disruption while keeping their people and priorities focused on delivering value," he said. The new manifesto expands the concept of agility beyond teams and projects to encompass entire enterprises, including leadership behaviour, governance structures, operating models and organisational culture. Launched to mark the 25th anniversary of the Agile Manifesto, the framework avoids rigid prescriptions, instead encouraging leaders to "govern with guardrails instead of gatekeepers," fund strategic intent rather than routine activity, and decentralise decision-making closer to value creation points. Meanwhile, the manifesto is anchored on four core values of clear purpose guided by adaptive planning, shared enterprise outcomes over departmental optimisation, continuous reinvention over preservation of legacy systems, and a human-centric approach to change. Industry leaders have endorsed the initiative, stressing the urgency of organisational agility in today's volatile environment. Co-author of Superagency, Greg Beato, said the evolution mirrors the transformation triggered by the internet era. "Twenty-five years after the Manifesto for Agile Software Development presented a new way to think about software development, it's time to apply similar thinking to enterprises as a whole," he said. Commenting,Chief Executive Officer of GE Appliances, Kevin Nolan, added that "today's business landscape demands rapid adaptation and greater agility," warning that organisations that fail to embrace the shift risk falling behind. Similarly, former CEO and co-founder of Rebel Foods, Sagar Kochhar, emphasised that agility is fundamentally about leadership mindset rather than frameworks. "Enterprise agility is less about frameworks and more about leadership courage, the courage to reset the vision, dismantle legacy assumptions, and trust teams to execute within systems designed for speed," he said. Hence, the release underscores a growing consensus that enterprise agility is critical for survival, yet under-implemented across industries. While 85 per cent of executives recognise its importance, about 65 per cent admit they have adopted it only to a limited extent or not at all.
Musk fires starting gun on record SpaceX IPO
Elon Musk's rocket firm SpaceX has confidentially filed for what could become the biggest stock market listing ever. Reports suggest the company, now merged with Musk's artificial intelligence (AI) start-up xAI, could be valued at more than $1.75 trillion (£1.3 trillion). SpaceX already dominates the space sector, and operates the Starlink satellite system that offers internet access to far-flung locations as well as in war zones and for citizens cut off from the web by oppressive regimes. But its ambitions under Musk - the world's richest man and boss of electric car maker Tesla - go further as it seeks to put people back on the moon and looks to explore Mars. Central to its plans is putting AI data centres in space. SpaceX is hosting analyst sessions this month and in May ahead of its initial public offering (IPO), Reuters news agency reported. The Texas firm could seek to raise more than $50billion (£38billion), surpassing the 2019 flotation of Saudi Aramco, which remains the largest IPO on record. Going up? Reports suggest Elon Musk's rocket firm SpaceX now merged with his artificial intelligence start-up xAI, could be valued at more than $1.75trn Market participants are expecting strong demand from retail and institutional investors. Other high-profile start-ups, including ChatGPT maker OpenAI and rival Anthropic, are also said to be considering large market debuts. Companies can submit IPO documents to regulators privately, giving them time to address feedback and refine disclosures away from public scrutiny. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you
SpaceX files for IPO, sources say, offering investors stake in Musk's space ambitions
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, two people familiar with the matter told Reuters on Wednesday, setting the stage for what could become the largest stock market listing on record. SpaceX puts more rockets in space than any other company and promises a chance to invest in humanity's return to the moon and attempt to colonize Mars. The company aspires to put artificial intelligence data centers in orbit, while running a lucrative satellite communications system that opens up much of the earth to the internet and is increasingly used in war. Plus, it is run by the world's richest person, Musk, a divisive figure who has grown electric vehicle maker Tesla into the most valuable automaker. A public listing at a potential valuation of more than $1.75 trillion comes after SpaceX merged with Musk's artificial intelligence startup xAI in a deal that valued the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion. SpaceX is hosting an analyst day on April 21, encouraging research analysts to attend in person, according to a person familiar with the matter, who requested anonymity to discuss confidential information. The company is also offering analysts an optional visit to xAI's "Macrohard" data center site in Memphis, Tennessee, on April 23, and plans to hold a virtual session on May 4 to discuss financial models with banks' research analysts, the source said. Valuing the conglomerate is no simple task, but Musk's leadership makes it easy for some investors. "Investors could use a sum-of-the-parts analysis, but, like with Tesla, SpaceX's valuation could very much fluctuate wildly based off how much the public believes in Musk's vision," said Angelo Bochanis, data and index associate at Renaissance Capital, a provider of IPO-focused research and ETFs. "So far, investors seem to be clamoring for any sort of exposure to SpaceX." Much of the $1.75 trillion value discussed is based on the Starlink satellite business, said Shay Boloor, chief market strategist at Futurum Equities. "Starlink is the only reason this valuation is defensible," Boloor said. "This is going to be the recurring revenue engine" with 9 million subscribers, defense contracts and its own data network. SpaceX did not immediately respond to a Reuters request for comment. LARGEST IPO EVER The Starbase, Texas-headquartered firm could seek to raise more than $50 billion in the IPO, handily surpassing the 2019 flotation of Saudi Aramco, which remains the largest IPO on record. A blockbuster SpaceX debut could jolt the IPO market back to life after years of subdued activity, with market participants expecting strong demand from both retail and institutional investors, some drawn by Musk's brand and others seeking exposure to SpaceX's fast-growing space and Starlink satellite businesses. SpaceX is the world's most valuable privately held company, based on the valuation implied by its merger deal with xAI. The rocket startup was last valued at about $800 billion in a secondary share sale. Several other high-profile startups, including ChatGPT maker OpenAI and rival Anthropic, are also said to be weighing large IPOs, setting up a broader test of investor appetite for new listings. Many large startups have remained private for longer, tapping deep pools of capital in private markets, but a listing by a company such as SpaceX could encourage more of them to pursue public offerings. Bloomberg News first reported on the confidential filing earlier on Wednesday. A confidential filing allows a company to submit IPO documents to regulators privately, giving it time to address feedback and refine disclosures away from public scrutiny. 'MUSKONOMY' A listing would deepen analyst and investor scrutiny of "Muskonomy" -- the billionaire's sprawling business empire and intertwined fortunes -- bringing renewed focus to how his companies are financed, governed and valued across markets. "A likely dual-class share structure would let Musk tap public capital while retaining firm control, even after the substantial dilution that comes with a public offering," said Minmo Gahng, assistant professor of finance at Cornell University. He runs electric vehicle maker Tesla, brain-chip maker Neuralink and tunnel-digging firm The Boring Company. Musk also folded social media platform X into xAI through a share swap last year, giving the AI startup access to the platform's data and distribution network. Questions about Musk's ability to oversee multiple companies with market values exceeding $1 trillion could temper investor enthusiasm, analysts say. "It is understandable that investors would be concerned with Musk overseeing multiple significant enterprises, especially given his polarizing public profile at times. However, SpaceX appears somewhat differentiated," said Kat Liu, vice president at IPOX. "The business is operationally mature, technologically ahead in several key areas, and profitable, which provides a solid fundamental underpinning." SPACE RACE The move comes as NASA is set to launch four astronauts as soon as Wednesday evening on a 10-day flight around the moon, marking the most ambitious U.S. space mission in decades. SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year, Reuters reported in January, citing people familiar with the matter. A growing number of billionaires and private firms have bankrolled a fresh space race in the U.S., investing heavily in rockets, satellite networks and lunar ambitions, including SpaceX and Jeff Bezos' Blue Origin. Space stocks jumped on the news, with Intuitive Machines last up 11 per cent, while Planet Labs, AST SpaceMobile and Rocket Lab added between 6 per cent and 10 per cent. As NASA leans more on commercial partners and defense budgets climb, space is emerging as a strategic battleground shaped by technological edge, national security priorities and the promise of new economic gains. SpaceX has also sought permission to launch up to 1 million solar‑powered satellites engineered as orbital data centers, far beyond anything currently deployed or proposed. NASA engineers and technologists have speculated for nearly two decades about moving energy‑hungry computing off the planet. SpaceX's merger with xAI has drawn investor attention to how Musk could use a tightly integrated network of rockets, satellites and AI systems to overcome technical and capital hurdles, extending artificial intelligence infrastructure beyond Earth. Artificial intelligence has become Wall Street's favorite theme, with anything tied to AI helping fuel a powerful rally in technology stocks and lifting valuations across the sector.
SpaceX files to go public, paving way for record stock offering
NEW YORK - Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday. The confidential filing puts the rocket and satellite builder on track to list its shares on a public exchange by July, according to The Wall Street Journal, citing unidentified sources. Media reports have said the initial public offering could be valued at a whopping $75 billion or more, for a venture with stratospheric ambitions. The IPO looks set to blow past a record from 2019, when the oil group Saudi Aramco raised $25.6 billion. SpaceX did not respond to a request for comment, and officials at the Securities and Exchange Commission declined to comment. If successful, SpaceX could arrive on Wall Street with a valuation exceeding $1.75 trillion, putting it among the world's ten biggest companies by market capitalization. After its acquisition of xAI in early February, SpaceX was valued at $1.25 trillion. Analysts have said that taking SpaceX public will require it and Musk to maintain greater transparency, particularly about its revenues. It could also expose the company to investor pressure to focus on profits instead of long-term investments -- such as Musk's plan to build a rocket for sending people to Mars. - 'Enamored' investors - When the documents are released, SpaceX's IPO filing will likely reveal details about its operations, including its satellite and rocket manufacturing, alongside its xAI artificial intelligence arm. Given that investors appear "enamored" with Musk's space and artificial intelligence ambitions, SpaceX could "probably get away with listing in a less exuberant market than some other companies might," said Steve Sosnick of Interactive Brokers. Matthew Kennedy, a senior strategist at Renaissance Capital, said he had little worries that SpaceX would be able to raise such a massive amount of capital, even as markets are roiled by the ongoing war in the Middle East. "US markets are some of the largest, most robust fundraising in the world, and this is a unique company that has captured the imagination of a lot of investors," Kennedy said. He also noted investor enthusiasm in potential advancements on space exploration and in AI, alongside the cash to be made in the telecoms sector. Besides SpaceX, two other tech heavyweights, the AI developers OpenAI and Anthropic, are reportedly planning IPOs this year. SpaceX, which dominates the space launching market with its reusable rockets, is owned by Musk alongside several investment funds and tech companies including Google's parent Alphabet. The company's rockets vastly reduce the cost of putting satellites into orbit. SpaceX is also the owner of the Starlink satellite constellation. In February, Musk announced that SpaceX would take over his artificial intelligence outfit xAI, a step in the billionaire's plan to use SpaceX's rockets to launch solar-powered, satellite-based data centers to run future AI models.
SpaceX's IPO and the Race to Satellite Dominance | Technology
SpaceX filed for an IPO to fund a massive data-center satellite launch, drawing comparison to Microsoft's failed underwater project. Meanwhile, Amazon challenges SpaceX's Starlink with Delta in-flight Wi-Fi deal. China bolsters its space industry, as firms, including CAS and GalaxySpace, pursue IPOs supported by eased regulations. SpaceX has confidentially filed for an initial public offering, aiming to fund the launch of one million data-center satellites to circumvent terrestrial limits. This ambitious plan mirrors Microsoft's past underwater project, highlighting ongoing innovations in overcoming Earth-bound computing constraints. The satellite internet battleground is heating up, as Amazon's Leo unit inks a notable deal with Delta Air Lines to offer in-flight Wi-Fi. This contract intensifies competition with Elon Musk's Starlink, further diversifying the in-flight internet market landscape. In China, CAS Space Technology seeks $607 million in a STAR Market listing to advance reusable rocket research, benefiting from government-facilitated IPO regulations. Meanwhile, Chinese satellite maker GalaxySpace has also initiated steps towards a public offering, reflecting a national strategy to enhance space capabilities against American advancements.
Anthropic gets a taste of its own medicine
When a segment of the source code for Anthropic's celebrated AI agent, Claude Code, ended up on GitHub on Tuesday, it was a ravenous free-for-all. Engineers of all stripes soaked it up as quickly as they could, hoping to learn from it and perhaps use it to improve their own projects. If using stolen information to improve intelligence sounds familiar, that's because it's exactly what the big AI companies have been dabbling in for years as they compete to train their large-language models -- Anthropic included. So it was not without a hint of irony that, to prevent engineers from accessing the leaked code, Anthropic swiftly issued a copyright takedown notice to the GitHub repository hosting it. "We issued a DMCA takedown against one repository hosting leaked Claude Code source code and its forks," an Anthropic spokesperson said, referring to the Digital Millennium Copyright Act. Anthropic, OpenAI, and Google have all faced lawsuits over their use of copyrighted material -- including published books, articles, scientific journals, and other content found online -- without explicit permission. In response, authors, artists, and publishers have used copyright law to seek accountability and, often, payment. In September, a court ordered Anthropic to pay $1.5 billion in damages in a class-action lawsuit brought by authors and publishers -- including lead plaintiffs Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson -- over allegations it used pirated books and shadow libraries to train Claude. Reddit sued Anthropic last June for scraping volumes of user-generated content to train its models without authorization or compensating users. And, last month, Universal Music Group, Concord, and ABKCO filed a suit against Anthropic for illegally downloading over 20,000 copyrighted songs, also for training its models. Now the tables have turned, and Anthropic is leaning on copyright laws to protect its own creations. "We're rolling out measures to prevent this from happening again," a spokesperson for Anthropic said. Fortunately for the company, the leak may not be as bad as some thought. Paul Price, a cybersecurity specialist and founder of the ethical hacking firm Code Wall -- which recently uncovered vulnerabilities in McKinsey's internal chatbot, Lilli -- said the Anthropic leak didn't expose anything critical. "It's more embarrassing than detrimental. Most of the real juicy stuff is in their internal source models and that wasn't leaked," he told Business Insider. He said the company inadvertently exposed its "harness" -- a software infrastructure typically used to connect large language models to the broader context in which they're used. "Claude Code is one of the best-designed agent harnesses out there, and now we can see how they approach the hard problems," Price added, noting that it could also prove useful intel for competitors. The leak also highlighted a paradox of the AI hype cycle: the same tools that make it faster than ever to build and ship products also make it easier for information -- sensitive or not -- to leak, replicate, and spread instantly.