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SpaceX fixes IPO at $135 a share for a $1.75tn valuation and a record listing

Companies going public almost always leave the price for last. They set a range, send executives on a roadshow, take the temperature of the institutions, and let demand decide where the shares land. SpaceX has decided to do it backwards. The company plans to fix its IPO price at $135 a share before the roadshow […]

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Factorial raises $150M at a $2.5bn valuation, with General Catalyst betting twice

General Catalyst has decided it wants exposure to Factorial in two ways at once. The Barcelona software company has closed a $150M Series D led by the firm at a $2.5bn valuation, and General Catalyst is committing a further $540M through a separate vehicle that ties its return to the value Factorial creates for customers […]

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