Good Evening!
Mark your calendars for next Friday.
Here are the 7 things you missed today:
1. 🚀 SpaceX is Targeting a $135 IPO Price at a $1.77T Valuation
Up, up, and away. SpaceX is flying high with its plans to market its IPO at a fixed price of $135 per share at a valuation of $1.77 trillion. The valuation would make SpaceX the seventh-biggest company in the U.S., even above Tesla with a market cap of $1.6 billion. If the IPO moves forward as it should, its debut on the Nasdaq is planned for June 12. (CNBC)
2. 😰 Still Digging Through Slack for Audit Evidence?
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3. 🦾 Microsoft is Building a New Quantum Chip Made With AI
Meet Majorana 2, Microsoft’s new quantum computing chip that it redesigned with the help of AI. The tech leader believes it will have commercially useful quantum machines by 2029, the same year as rival IBM has said it plans to spend $10 billion on quantum machines… very interesting timing. (Reuters)
4. 😬 Stop Relying on Ranking, Clicking, and Converting
Website traffic used to be the best indicator of marketing success. But now, influence happens way before the website visit.
Which leaves you wondering:
Which KPIs should I actually be measuring?
Where are my buyers really paying attention?
How exactly are AI, social, and search changing the purchasing journey?
Get all these answers and more in a special session of the B2B Growth Show, hosted by Paul Slack and SparkToro co-founder Rand Fishkin.
5. 🚙 Carvana Might Invest in Slate Auto
Online used car retailer Carvana has reportedly been granted the option to invest in Slate Auto, the electric vehicle startup backed by Jeff Bezos. Paperwork filed with Delaware’s division of corporations shows that Carvana was given a warrant to buy shares in the startup in 2025, around the same time Slate Auto was putting together is $650 million Series C round, but it’s not clear if they exercised it. (TechCrunch)
6. 🚖 Uber is Cutting 23% of its HR Team
Rideshare platform Uber is cutting 23% of jobs in its People and Places division, which covers human resources, recruitment, workplace facilities, and culture. While it’s a big blow to the team, the affected headcount allegedly represents less than 1% of its 34,000 global workforce and a large share of the roles being eliminated are senior-level positions. (Quartz)
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7. 🤠 Samsung is Moving its U.S. HQ From NJ to TX
Goodbye Bruce Springsteen, hello Beyoncé. Samsung Electronics America confirmed it’s moving its U.S. headquarters from Englewood Cliffs, New Jersey to its existing campus in Plano, Texas by the end of 2026. The move comes less than a year after Samsung held a grand opening at its Englewood Cliffs facility. (Quartz)
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