Last mentioned: 16h ago
Merger Completion
Expected finalization of the merger between xAI and SpaceX.
Regulatory Review
Anticipated scrutiny of the SpaceX-xAI merger by federal authorities.
Series E Funding
HUMAIN leads $3B investment into xAI.
PowerLaw Corp has launched a new investment vehicle designed to democratize access to high-valuation private companies like SpaceX and Anthropic. The fund targets secondary market shares, allowing retail investors to participate in the growth of 'decacorns' that have traditionally been reserved for institutional players.
Elon Musk's xAI has closed a massive $3 billion Series E funding round led by HUMAIN, providing the capital necessary to scale its infrastructure. The investment is strategically timed ahead of a planned merger with SpaceX, a move that could redefine the boundaries between aerospace and artificial intelligence.
Thrive Capital has closed its record-breaking $10 billion 'Thrive X' fund, nearly doubling its previous capital raise. The vehicle is strategically positioned to back category-defining leaders in artificial intelligence and space technology, specifically targeting late-stage growth in portfolio anchors like OpenAI and SpaceX.