Valor Equity Partners distributed about $8.5 billion of SpaceX stock to its limited partners this week rather than selling it. The same firm co-led Crusoe's $3.9 billion Series F, tripling its valuation to $30.9 billion.
Artificial Intelligence
September 18, 2026
Amodei asked frontier AI labs to slow down. Then Musk, Altman, Trump, Beijing and the markets answered.
September 17, 2026
September 15, 2026
September 11, 2026
September 10, 2026
September 4, 2026
September 3, 2026
September 1, 2026
August 28, 2026
August 27, 2026
August 25, 2026
Paul Smalera
Cursor's revenue doubled to $2B ARR in just three months — the kind of trajectory that rewrites venture math. Reflection AI is reportedly seeking $2B+ at a $20B valuation just five months after its last raise. Meanwhile, Musk is cleaning house: X and xAI plan to repay $17.5B in debt ahead of a potential SpaceX IPO. And MongoDB's 24% post-earnings plunge is the latest signal that even strong growth can't save you when forward guidance disappoints.
Enterprise Software
March 3, 2026
SpaceX's float went from 4.9% to 11.8% in a single day, and the market reacted.
Aerospace & Defense
August 7, 2026
OpenAI reportedly had no debt as of March 31. Its long-term contracts tell a more complicated story.
Deep dive
August 6, 2026
Max Melmed
Augment Staff
Alyssa Hollawell
Noel Moldvai
Hardware
01/03/2026
Artificial intelligence
By 2026, the conversation has shifted from "what can AI say?" to "what can AI do?" We are moving past simple chatbots toward Agentic AI—autonomous systems capable of planning, reasoning, and executing complex workflows across multiple platforms.