Goldman Hits the Jackpot After Banks’ ‘Dogfight’ to Lead SpaceX’s I.P.O.

kept by eddie may 28

Goldman Sachs won the highly competitive mandate to lead SpaceX’s initial public offering, expected to be the largest in history.

Is SpaceX Worth $1.77 Trillion? It’s a Pie in the Sky, Some Investors Say
Investors question SpaceX's $1.77 trillion valuation as the company loses money and faces skepticism about its revenue projections.
also on Goldman Sachs, SpaceX, #startups, #business-strategy
Anthropic Unveils $1.5 Billion Joint Venture With Wall Street Firms - WSJ
Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs launch a $1.5 billion joint venture to sell AI tools to businesses, including private-equity portfolio companies.
also on Goldman Sachs, #startups, #business-strategy
xAI is looking more like a datacentre REIT than a frontier lab - Martin Alderson
xAI's GPU rental deals with Anthropic and Google transform it into a datacenter REIT-like business, driven by financial engineering, compute shortages, and infrastructure advantages.
also on #finance, SpaceX, #business-strategy
S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
S&P 500 rejects rule changes that would have fast-tracked SpaceX, OpenAI, and Anthropic into the index, maintaining standard eligibility criteria like profitability and a one-year seasoning period.
also on #finance, SpaceX