For all of humanity’s ventures to outer space, we’ve yet to see 99.999% of the deep-sea floor. In the latest subaquatic news, researchers discovered some 4,000 marine species, 88% of which were new creatures, during a deep-sea mining trial, no less. A team of European marine biologists and The Metals Company, a deep-sea mining firm, …
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Tag:company
Wall Street Saw Company as 90% XRP, Then Offered $500M With a Catch
Ripple’s $500 million share sale last month brought in some of the biggest names in global finance but only after investors secured a suite of downside protections that more closely resemble structured credit than a typical venture round, according to a Bloomberg report. Citadel Securities, Fortress Investment Group, Marshall Wace, Brevan Howard–linked vehicles, Galaxy Digital …
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X deactivates European Commission’s ad account after the company was fined €120M
X’s Head of Product Nikita Bier fired back at the European Commission this weekend after the EC fined the social media company €120 million (around $140 million). In its first fine under the European Union’s Digital Services Act, the commission called X’s blue checkmark system “deceptive” and said the paid verification system makes users vulnerable …
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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 …
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