SpaceX bought xAI and is tying the deal to AI data centers in space. A proposed 1 million satellite constellation would support solar-powered orbital compute, but regulators and execution risks will decide how real it gets.
Eight years after abandoning plans for an IPO, domain registration and Web services firm GoDaddy is going for it again, on Monday filing papers with the US Securities and Exchange Commission.
Online storage firm Box revealed plans for its IPO on Monday. The nine-year-old California-based startup said it plans to raise $250 million through share sales when it hits the New York Stock Exchange in the coming months.
Sina Weibo is one of several Chinese sites planning a U.S. IPO after successful launches for Facebook and Twitter in the last couple of years. The company is hoping to raise $500m in investment.
The manufacturer of the successful digital media player is contemplating an IPO in the U.S. sometime this year, according to sources close to the matter.
Twitter has announced it’ll be launching its IPO on the NYSE Thursday with 70 million shares priced at $26, valuing the company at $18.3 billion. The company is set to raise around $2.1 billion from the flotation.
In what has been a difficult week for Groupon on the stock market, shares in the company fell below its $20 IPO price for the first time since going public earlier this month.
Daily Deals site Groupon has sued two former employees who left the company for rival Google Offers. Groupon hopes to get a court order stopping the pair from disclosing private information about the company to Google.
In a regulatory filing on Friday, daily deals company Groupon said it would be selling 30 million shares for between $16 and $18 in a bid to raise as much as $540 million in its upcoming IPO.
A Chinese Internet company is reportedly looking at a $5 billion IPO, a figure that would dwarf the current record for an Internet IPO, held by Google.
Last week Groupon postponed its IPO plans. According to a report on Wednesday, however, the daily deal company is now preparing to go ahead with it late October or early November.