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SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company

SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company

According to the Wall Street Journal, SpaceX is launching a secondary share sale that would value Elon Musk’s rocket maker at $800 billion — double its recent $400 billion valuation and surpassing OpenAI to claim the title of America’s most valuable private company. SpaceX has not responded to a request for comment; the WSJ not…

What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall…