SpaceX made a striking debut on the stock market Friday, with shares closing 19% above their initial $135 offering price, marking a significant milestone as it creates the world's first trillionaire.

Mistral is reportedly in the process of raising €3 billion, which would value the company at approximately €20 billion (around $23.15 billion). This figure nearly doubles the valuation from its Series C round, which stood at €11.7 billion.

International Monetary Fund Managing Director Kristalina Georgieva cautioned on Wednesday that sophisticated AI technologies, such as Anthropic's Mythos, pose significant risks to the financial system if misused. Speaking in Brussels during the IMF's eurozone economic review, Georgieva emphasized the potential for such AI tools to be exploited to destabilize financial markets and systems.

In 2018, a startup funding round of $100 million was dubbed the “Supergiant Round,” signaling a massive investment milestone. Fast forward to today, $100 million rounds are not only common but represent the median size of late-stage financing deals in the U.S. The landscape has shifted dramatically, with even larger rounds, like OpenAI’s record-breaking funding, pushing the boundaries.

The rise of these jumbo rounds is tied to the growth of startups like Uber and WeWork in the late 2010s, peaking during the 2021 bull market, and surging with the AI investment wave. This year alone, 250 rounds of $100 million or more have been funded, with half exceeding $200 million, and some reaching over $1 billion.

Alongside this, median late-stage round sizes have doubled since 2020, now averaging around $100 million. Valuations have similarly skyrocketed, with many startups valued at over $10 billion, and a couple eyeing IPOs valued near $1 trillion. Investors are clearly placing big bets with high expectations for returns as the startup funding environment continues to evolve.

SpaceX has officially set its share price at $135, marking the start of the largest IPO in history. The company’s public offering signals a major milestone in the space industry and financial markets alike.

Following SpaceX's public offering, lower-tier Special Purpose Vehicle (SPV) investors may encounter undisclosed fees, prolonged delays in receiving payouts, and potential risks including fraud.

Coinbase agents can now utilize the x402 protocol to gain direct access to exclusive data and APIs, enhancing their ability to trade and pay for premium research insights.

Which of the emerging obesity drugs has the potential to truly lead the market? Which company recently made headlines with a record-breaking IPO? And what decisions might the Food and Drug Administration be making about these treatments?

Amazon has secured a $17.5 billion delayed-draw term loan, structured by Citigroup, marking the latest step in its expanding borrowing to fund AI infrastructure development. The loan, accessible until the end of September, offers a repayment period of three years for each drawing. Major financial institutions including JPMorgan Chase, Bank of America, HSBC, and Wells Fargo are also involved in this financing effort.

SpaceX, OpenAI, and Anthropic have filed IPOs totaling around $3.6 trillion, creating a significant pipeline of US tech offerings. According to Ygal el Harrar, BNP Paribas' global head of equity capital markets for technology, this surge is expected to boost interest and attract European tech companies towards public markets. He emphasized that increased liquidity in the US market will likely stimulate similar activity in Europe, fostering growth opportunities for tech startups across the continent.