Ant-Backed Hello Seeking Funds at Likely Lower Valuation
(Bloomberg) — Hello Inc., the Chinese bike-sharing unicorn backed by Jack Ma’s Ant Group Co., is trying to raise funds at a reduced valuation after abandoning a U.S. IPO, according to people familiar with the matter. A little over a month after…
Rivian is shooting for an $80 billion valuation in its blockbuster IPO. Here’s how the EV startup made itself the top contender to become the next Tesla.
Rivian is preparing to release its first vehicle, the R1T electric pickup truck. Rivian Rivian is preparing to roll out its first two vehicles, the R1T pickup truck and R1S SUV. Experts consider it the most promising contender among today’s EV startups.…
Rivian is shooting for an $80 billion valuation in its blockbuster IPO. Here’s how the EV startup made itself the top contender to become the next Tesla.
Rivian is preparing to release its first vehicle, the R1T electric pickup truck. Rivian Rivian is preparing to roll out its first two vehicles, the R1T pickup truck and R1S SUV. Experts consider it the most promising contender among today’s EV…
Tesla Shares Sag as Analyst Flags ‘Mind-Boggling’ Valuation
(Bloomberg) — The rally that made Tesla Inc. bigger than Toyota and Volkswagen better befits a technology company than a car maker, and buying the stock now is probably a mistake for anyone but day traders, an analyst said Tuesday in downgrading…
Elon Musk’s SpaceX in talks to raise funds at $44bn valuation
SpaceX CEO and owner Elon Musk celebrates after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft on NASA’s SpaceX Demo-2 mission to the International Space Station from NASA’s Kennedy Space Center in Cape Canaveral –…
Tesla reports $104m profit in second quarter of 2020 as ‘ridiculous’ market valuation soars
Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in Shanghai: AFP via Getty Images Tesla has posted a second-quarter profit for its fourth quarter in a row, with a net profit of US$104 million (approximately £81.9…
Qumulo scores $125M Series E on $1.2B valuation as storage biz accelerates – TechCrunch
Qumulo, a Seattle storage startup helping companies store vast amounts of data, announced a $125 million Series E investment today on a $1.2 billion valuation. BlackRock led the round with help from Highland Capital Partners, Madrona Venture Group,…