SpaceX IPO? Netflix-Warner Deal? | OUT TOMORROW #technews

Market Trends & Valuations - SpaceX is pursuing an $800 billion valuation through a secondary sale, indicating strong investor confidence [1] - Wealthfront completed its IPO, raising $255 million at a $2 billion valuation, sparking debate about consumer fintech valuations [5] - Airwalks raised $330 million at an $8 billion valuation, achieving over $1 billion in ARR [6] - Harvey AI raised $160 million at an $8 billion valuation, marking its third round this year with $150 million in ARR and 300% growth [6] Mergers & Acquisitions - Netflix is reportedly acquiring Warner Brothers for $82.7 billion, potentially consolidating content power [2] - Stripe acquired Metronome for $1 billion, doubling Metronome's latest valuation [7] AI & Technology - Salesforce's AI attached revenue, now with Agent Force, exceeds $500 million in ARR [3] - Meta is considering cutting 30% of its metaverse budget, signaling a strategic shift towards AI after cumulative losses of over $7 billion since 2020 [4] - Yan LeCun, an AI pioneer, has left Meta to start a new company in the foundation model space [7]