This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Lots of influential people in tech last week were describing Moltbook, an online hangout populated by AI agents interacting with one another, as a glimpse into the future. It appeared to show…
paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs. The company just completed a tender offer at an $800 billion valuation, and secondary market demand is through the roof. If SpaceX goes public anywhere near its rumored $1.5 trillion valuation, it could trigger an IPO cascade for other late-stage unicorns like OpenAI, Stripe, and Databricks. Watch as Equity host Rebecca Bellan […]
An unidentified bidder submitted a Hail Mary offer that was “substantially higher” than the winning bid at auction. Founder Austin Russell has been circling a bid, but it’s not clear he was behind it.