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A trillion dollars is a stupid amount of money

Elon Musk is now officially the world’s first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale – a thousand times more than a billion – is difficult to fathom for those of us who aren’t among the 3,363 billionaires that currently exist in our […]

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Elon Musk is the world’s first trillionaire

Elon Musk’s net worth has passed the trillion-dollar mark after SpaceX’s IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]

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SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

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