SpaceX passes Amazon as valuation balloons to $2.7T

Published on June 16, 2026
SpaceX's valuation has increased by $1 trillion since its shares started trading on Friday.
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Probably raises $9M to build a more reliable kind of AI

June 16, 2026
Probably wants to prevent hallucinations and factual errors from reaching users, and achieve accuracy on par with deterministic systems.

Robinhood's note on 10% layoffs shows blaming AI isn't cutting it

June 16, 2026
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.