Good Evening!
Man, congrats to SpaceX shareholders today. What a great way to go into the weekend 🥂
Here are the 7 things you missed today:
1. 🏆 SpaceX is Now The 6th Most Valuable U.S Company
Tired of reading headlines about SpaceX? Well, you’re gonna hate this then. SpaceX’s first day as a public company was a big one. The tech company’s stock reached as high as $176/share in midday trading, pushing the company’s market cap to nearly $2.3 trillion, making SpaceX the sixth most valuable public company in the U.S. (TechCrunch)
2. 🗑️ AI Won't Save You If Your Data Is Garbage
AI amplifies whatever you feed it–which means that bad data = bad decisions.
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3. 💶 Mistral is Rumored to Be Raising €3Bn at €20Bn Valuation
But SpaceX isn’t the only one making major moves lately. French AI lab Mistral AI is reportedly in early discussions to raise about €3 billion ($3.5 billion) that would value the company at around €20 billion (about $23.15 billion), nearly double the €11.7 billion valuation it received in a Series C funding round last September. (TechCrunch)
4. 👋 A Growth Agency That Doesn’t Make You Spend More?
It sounds too good to be true, but Paul from PMF Ninja optimizes what you already have. No increasing your budget or adding more channels.
I don't recommend people lightly, but I had Paul run an audit for a fellow reader and he found a $6k budget leak in just 30 minutes.
He delivers undeniable results, period. He actually opened 8 free Full Growth Audit spots to help more of my readers cut their CAC next week.
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No, it’s not just you. Meta’s social platforms went down today starting around 9:20am ET, but have since recovered. While Meta hasn’t elaborated on the cause of the outage, at its peak Downdetector was showing over 113,000 reports of issues with Facebook and around 10,000 reports of issues with Instagram. (Reuters)
6. 📺 Roku is in Sell-Off Talks
Streaming platform Roku is in talks to sell itself, including a possible media tie-up, if Bloomberg reports are to be believed. The company has been in discussion with at least one U.S. media company about a potential combination, but no final decisions have been made on a potential sale. (Reuters)
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7. 😬 Oracle’s PeopleSoft 0-Day Vulnerability Still Doesn’t Have a Patch
One of the world’s most active ransomware groups, ShinyHunters, exploited a critical vulnerability in Oracle’s PeopleSoft software suite and used it to target about 100 customers to extort at least one of them to pay in exchange for not leaking stolen data… but that was over two weeks ago. Oracle still hasn’t deployed a fix, despite the vulnerability carrying a severity rating of 9.8/10. (ArsTechnica)
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