SpaceX Reported to Eye $800 Billion Record-Setting Valuation, Targeting 2026 IPO

The proposed valuation would double SpaceX's $400 billion value from July and vault it past OpenAI's record-setting $500 billion valuation, setting the stage for what could be the largest IPO in history, according to reports on Friday.

OpenAI Reportedly Accelerates GPT-5.2 Release Following CEO's 'Code Red' Alert

Baidu Shares Surge on Reports of AI Chip Unit Kunlunxin's Hong Kong IPO Plan

Kunlunxin, recently valued at nearly $3 billion, was reported to aim to file a listing application with the Hong Kong Stock Exchange as early as the first quarter of 2026, targeting an IPO by early 2027.

Musk's X Receives First EU Fine Under Digital Services Act

Though the fine represents a tiny fraction of Musk's $467 billion wealth, the move underscores deepening divisions between the U.S. and EU over digital sovereignty, content moderation, and fundamental rights in the internet age.

Netflix to Acquire Warner Bros. in Landmark $82.7 Billion Deal

The deal, which followed an intense bidding war involving major rivals such as Paramount Skydance and Comcast, cements Netflix’s position as the dominant force in global streaming and studio production.

BYD Chairman Explains Recent Decline in Car Sales

Blue Owl Raises $1.7 Billion for Datacenter Fund After Scrapping Private Credit Funds Merger

The successful fundraising follows a difficult period in November when Blue Owl blocked investor exits from its $1.8 billion non-traded business development company and subsequently scrapped plans to merge it with a larger public vehicle.

Huawei Founder Sees Use of AI More Important

Meta Stock Rises on Reported Plan to Cut Metaverse Budget by Up to 30%

Meta confirmed it was reducing metaverse resources, stating savings would be redirected toward AI glasses and other wearables within its Reality Labs division.

Goldman Said to Pause CyrusOne Bond Sale After CME Thanksgiving Datacenter Outage

The CME outage was described as "a case study in how a single physical failure inside a datacenter can escalate into a global market disruption when governance, failover logic, and environmental engineering are not aligned with the realities of modern infrastructure."