SpaceX's trillion-dollar valuation is making headlines, but the bigger story may be what investors are actually buying. Continue Reading →
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About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at the Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with tech strategy & solutions.
Named LinkedIn's Top Voice in Technology, he covers tech and business for Fox 5's Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog, Think About This.
His latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller.
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SpaceX went public this morning at $135 a share, raising $75 billion at a $1.77 trillion valuation. It is the largest IPO in history, more than double Saudi Aramco's $29 billion record from 2019. If the market holds the valuation, it puts Musk on a path to becoming the world’s first trillionaire. Continue Reading →
The Munich Regional Court ruled that Google is directly liable for false statements in its AI Overviews. Two German publishers won a preliminary injunction after the feature linked them to scams, subscription traps, and shady business practices. The court set a penalty of up to €250,000 per violation. Google bears 80% of court costs and says it will appeal. Continue Reading →
As investors eagerly await potential IPOs from AI and technology giants like OpenAI, Anthropic, and SpaceX, the conversation around artificial intelligence has moved far beyond market valuations. Continue Reading →