Tech elites clash in Founders Fund-linked AI moves: backing Black Forest Labs amid Ramp’s AI spend shakeup. VC at SF, 2005, ~$17B AUM.
SpaceX has completed the largest IPO in history, raising $75 billion and listing on Nasdaq under ticker SPCX. Shares opened at $150, climbed as high as $176 and closed the first day around $160–166 in extended trading, briefly valuing the company above $2.1 trillion and making Elon Musk the world's first likely trillionaire.