Happy Thursday.
The current thing in tech and business is SpaceX’s S-1 filing, which was released yesterday.
Today’s lineupGeorge Mason University Professor of Economics Alex Tabarrok at 11:30 AM
Convective Capital Founder & Managing Partner Bill Clerico at 12:00 PM
Spotify Co-President & Chief Business Officer Alex Norström at 12:15 PM
ChinaTalk Founder Jordan Schneider at 12:35 PM
Secret Level Head of Studio, Narrative Christina Lee Storm at 1:00 PM
An Absolute Flood of News from Tech Companies Today
SpaceX filed its S-1, a comprehensive prospectus on the business before going public. The filing, which sets it on a course to raise ~$80B or more during its IPO, reads like sci-fi; “Our mission,” the company says, “is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Anthropic is set to have its first profitable quarter as it expects revenue to surge 130% to $10.9B in Q2 2026. The company disclosed these figures to investors in their ongoing fundraise.
WSJ reports that OpenAI is working with Goldman and Morgan Stanley to file for an IPO as soon as this week, and that Sam ultimately wants to be able to go public by September of this year. Also, the company announced yesterday that it had achieved a breakthrough on a decades-old math problem, the planar unit distance problem, using a general-purpose internal model.
Fueled by parabolic compute demand, Nvidia posted another record quarter yesterday, reporting that it had 85% YoY sales growth, beating analysts’ 79% expectation. The company also announced an $80B stock buyback authorization.
Yesterday Meta began the process of cutting 8,000 jobs, or 10% of its workforce, as a means of offsetting its costs associated with AI. Zuck says he doesn’t expect any more RIFs this year.
Minted New York is one of the fastest-growing sneaker and athleticwear brands on the internet.
Founder Marcus Milione was on the show yesterday.
His recent sneaker collab with Saucony sold out in just 5 minutes. To fight against bots, Marcus created fake product listings that made sneaker bots try to buy shoes weighing 10,000 pounds, breaking checkout for the bots while real customers got through.
Here’s the full interview.
HeadlinesSpaceX makes S-1 filing public
Elon says SpaceX is in discussions with multiple companies to serve them AI compute at scale
Anthropic's revenue set to more than double to $10.9B in 2Q26
WSJ: OpenAI Is Preparing to File for an IPO Very Soon
Trump postpones AI executive order signing: ‘I didn’t like certain aspects’
Nvidia earnings takeaways: Data center revenue nearly doubles, report is strong but stock slides
Nvidia announces $80B share buyback authorization
Gaming industry analyst Matthew Ball joins Xbox as Chief Strategy Officer
Cloudflare CEO Matthew Prince: How I Choose Which Cloudflare Employees to Replace With AI
WSJ: U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes
Bloomberg: Neil Dutta on How Economists Are Missing the Macro Impact of AI
WSJ: How Much Do You Know About Data Centers? Take Our Quiz
Lionel Messi’s Prime competitor sports drink folding after less than 2 years in business
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