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SpaceX IPO: How Our Reporters Assess the Sky-High Valuation and Potential Economic Impact

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

© Eric Gay/Associated Press

Elon Musk’s rocket maker SpaceX set a price of $135 a share, which would value it at $1.77 trillion.
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Absent From the SpaceX and OpenAI I.P.O.s? Chinese Investors.

SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit.

© Eric Gay/Associated Press

A Starship test flight at the SpaceX’s Starbase in Texas last month. Investors in China are expected to be excluded from the SpaceX initial public offering.
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Can SpaceX Defy A.I. Gravity?

Elon Musk’s rockets-and-artificial-intelligence company is going public as questions grow over the incredible spending spree taking place in the sector.

© Gabriel V. Cardenas/Reuters

SpaceX’s launchpad for its Starship rocket in March. Investors may be more focused on the company’s artificial intelligence business.
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Trump Muses About Government Taking a Piece of A.I. Companies

President Trump touched on what is an increasingly hot topic in Washington: how average Americans can get a piece of the tech industry’s A.I. windfall.

© Doug Mills/The New York Times

President Trump, shown here in the Oval Office on Wednesday, has not been shy about the government’s taking a stake in companies.
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Investors Feed A.I. Firms’ Voracious Appetite for New Money

In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.

© Joe Raedle/Getty Images

The amount of cash needed for A.I. development is thought to be so enormous that already cash-rich companies are looking for more money.
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Anthropic Releases ‘Safe’ Version of Its Mythos A.I. Technology

Called Claude Fable 5, it is twice as expensive as the company’s previous flagship system.

© Jason Henry for The New York Times

Anthropic’s logo at a company event. The start-up’s Mythos artificial intelligence system caused worries about the security of computer networks.
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The Holdup at the Center of the Iran Talks, and Trump’s Baseless New Claims of Voter Fraud

Plus, “I’m busy, but you can talk to my A.I. twin.”

© Arash Khamooshi/Polaris for The New York Times

President Trump has repeatedly said that the United States and Iran were coming close to a deal to end the war. It is not clear that they are actually any closer at the moment.
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OpenAI Files Confidentially for IPO as AI Companies Rush to Wall St.

The company hopes to raise billions in a highly anticipated public offering that could unlock a new generation of tech industry wealth.

© Andres Kudacki for The New York Times

OpenAI’s ChatGPT chatbot started the artificial intelligence boom.
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