North Carolina Treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina state Treasurer Brad Briner said the year’s hottest IPO is too expensive for his pension fund to own.…
Tag: valuation
Fintech firm Mercury hits $5.2 billion valuation after funding round
Immad Akhund, CEO and co-founder of the startup Mercury. Courtesy: Mercury Technologies Mercury, a fintech firm that provides banking services…
AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion
The Cursor logo arranged on a smartphone in New Hyde Park, New York, Nov. 20, 2025. Gabby Jones | Bloomberg…
Alibaba-backed startup Moonshot AI valuation up $500 million: sources
Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed…
Skims hits $5 billion valuation after funding round led by Goldman
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin…