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Thursday, 20 March 2025

Sources: X has raised close to $1B in new equity in a deal that values the company at roughly $32B; Musk also participated in the raise (Bloomberg)

Bloomberg:
Sources: X has raised close to $1B in new equity in a deal that values the company at roughly $32B; Musk also participated in the raise  —  Elon Musk's social network X has raised close to $1 billion in new equity from investors in a deal that values the company at roughly $32 billion …



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...