Friday, March 27, 2026

Musk rewrites IPO playbook with large slice of SpaceX stock for retail investors

Elon Musk is discussing allocating as much as 30% of SpaceX's initial public offering to individual investors - at least ​three times the usual retail slice - leaning on his rabid fan base and other loyal backers to help steady the stock after its debut, a person familiar with the matter said.

from Tech-Economic Times https://ift.tt/7wlJNu9

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Meta ordered to pay New Mexico $25 billion after jury finds it deceived Facebook users about privacy

Jurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting firm...