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Sources: Founders Fund's ~3% stake in SpaceX is now worth $50B+, after investing $600M; a16z will get the biggest return in its history, with a $10B+ stake (Bloomberg)

Bloomberg : Sources: Founders Fund's ~3% stake in SpaceX is now worth $50B+, after investing $600M; a16z will get the biggest return in its history, with a $10B+ stake   —  A small number of firms are set to net tens of billions of dollars in returns from SpaceX's initial public offering … from Techmeme https://ift.tt/4c0i7CJ via IFTTT
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SpaceX raises $75B in the biggest-ever IPO, after selling 555.6M shares at $135 each, giving it a market value of $1.77T (Bailey Lipschultz/Bloomberg)

Bailey Lipschultz / Bloomberg : SpaceX raises $75B in the biggest-ever IPO, after selling 555.6M shares at $135 each, giving it a market value of $1.77T   —  SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire. from Techmeme https://ift.tt/la7IsWD via IFTTT

Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more (New York Times)

New York Times : Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more   —  Elon Musk's rocket company is spending big and losing money.  That has raised questions about whether it can justify its valuation for its blockbuster initial public offering. from Techmeme https://ift.tt/03SurLQ via IFTTT

Dario Amodei outlines policy responses to AI's exponential progress across regulation and public safety, macroeconomics and taxes, science, geopolitics, more (Dario Amodei)

Dario Amodei : Dario Amodei outlines policy responses to AI's exponential progress across regulation and public safety, macroeconomics and taxes, science, geopolitics, more   —  In one of the side plots to The Lord of the Rings, two of the Hobbits attempt to rouse Treebeard—a wise but ponderous sentient tree … from Techmeme https://ift.tt/c86hWjf via IFTTT

Cybersecurity researchers complain that Claude Fable's guardrails are too strict, rejecting "innocuous tasks" like reading blog posts or performing code reviews (Lorenzo Franceschi-Bicchierai/TechCrunch)

Lorenzo Franceschi-Bicchierai / TechCrunch : Cybersecurity researchers complain that Claude Fable's guardrails are too strict, rejecting “innocuous tasks” like reading blog posts or performing code reviews   —  Anthropic released its latest model Fable on Tuesday, billing it as a public and limited version of its powerful and much-hyped cybersecurity model Mythos. from Techmeme https://ift.tt/5HIuTP8 via IFTTT

Anthropic says Fable 5 is available on Pro, Max, Team, and seat-based Enterprise plans through June 22, after which using Fable 5 will require usage credits (Rebecca Bellan/TechCrunch)

Rebecca Bellan / TechCrunch : Anthropic says Fable 5 is available on Pro, Max, Team, and seat-based Enterprise plans through June 22, after which using Fable 5 will require usage credits   —  Anthropic is bringing its most powerful AI model to the general public for the first time, but it's doing it with guardrails. from Techmeme https://ift.tt/DMtUueT via IFTTT

Apple announces that AirPods will gain a custom EQ feature as part of iOS 27 (Matt Bolton/TechRadar)

Matt Bolton / TechRadar : Apple announces that AirPods will gain a custom EQ feature as part of iOS 27   —  We've only been waiting 10 years  —  Apple just announced that one of the longest-requested features from AirPods users is finally coming as part of iOS 27: a custom EQ.  Announced during the WWDC 2026 keynote … from Techmeme https://ift.tt/N5CzVei via IFTTT