This article was produced in partnership with Type Investigations, with support from the Wayne Barrett Project. One morning in April 2025, employees of a small office in the US State Department got the email many of them had been dreading. For months, Elon Musk’s Department of Government Efficiency had been cutting a wide swath through…
To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.
Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more […]