According to a Reuters exclusive, SpaceX is a financial powerhouse, with Starlink driving most of its revenue. The numbers are fueling talk of a historic IPO and a risky merger with Elon Musk’s AI company.
VulcanForms, a metal additive manufacturing company, has secured $220 million in new funding. The company focuses on producing parts for aerospace, defense, and healthcare in the US and is expanding its factory footprint.
Zillow Group has laid off approximately 200 employees, attributing the move to performance reviews. The company, which reported strong Q3 2025 revenue growth, insists the cuts are not related to market conditions or recent business shifts.
Elon Musk appears to be orchestrating a massive consolidation of his business empire. Reports suggest a plan to merge SpaceX, Tesla, and his AI firm xAI into a single entity, betting everything on a future powered by AI and robotics.
The game development studio founded by Mega Man co-creator Keiji Inafune is no more. Comcept’s journey was defined by high-profile, high-stakes projects that ultimately couldn’t secure its future.
The recent US takeover of TikTok by Oracle and investors has sparked a user exodus. Many are heading to a new platform called UpScrolled, which promises free expression and no shadowbanning, but its servers are already buckling under the new traffic.
The legendary 3M policy that birthed Post-it Notes is being eclipsed. Today’s leading companies are building formal, funded systems to turn employee ideas into real businesses, creating an innovation engine startups can’t easily match.
CrowdStrike is spending big to tackle one of cybersecurity’s biggest problems: identity. The $740 million deal for SGNL aims to supercharge its Falcon platform’s ability to manage access for both humans and AI agents.
Ubisoft has abruptly shut down its Halifax studio, resulting in 71 layoffs. The closure comes just 20 days after the studio’s developers successfully voted to unionize with CWA Canada. Ubisoft claims the decision was made “well before” the union vote.
Investment firm Valor Equity Partners has raised $5.4 billion specifically to purchase Nvidia GB200 GPUs for Elon Musk’s xAI. The deal, backed by Apollo and Nvidia itself, uses a lease structure to fund critical AI compute infrastructure. It follows xAI’s own massive $20 billion funding round announ
