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SpaceX just filed for what could be the biggest IPO ever

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Elon Musk's final frontier is officially open for business now that SpaceX has formally filed its S-1 prospectus with the SEC. That kicks off what could be the largest initial public offering ever when it lists on the Nasdaq stock exchange with the ticker SPCX. SpaceX generated $18.67 billion in revenue in 2025, driven largely by its Starlink satellite internet service, which brought in more than $11 billion, as reported by The Wall Street Journal . The company lost over $4.9 billion last year, with capital expenditures soaring to $20.7 billion last year, a leap from $11.2 billion in 2024, as reported by The New York Times . xAI, which recent … Read the full story at The Verge. from The Verge https://ift.tt/8wUW5NE
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‘Solve all diseases,’ you say?

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Let’s unpack what Demis Hassabis said at the end of yesterday’s Google I/O keynote. This is Optimizer , a weekly newsletter sent from Verge senior reviewer Victoria Song that dissects and discusses the latest gizmos and potions that swear they're going to change your life. This week's issue is a special early edition tied to The Verge's Google I/O coverage. You can expect our next issue at its usual time next Friday. Opt in for Optimizer here . Toward the end of this year's Google I/O keynote, Google DeepMind CEO Demis Hassabis declared, with a completely deadpan face, that the company hopes to "reimagine the drug discovery process with the goal of one day solving all disease." This is the sort of statement that the phras … Read the full story at The Verge. from The Verge https://ift.tt/94UoIkE
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Here are 42 of our favorite deals from REI’s massive Anniversary Sale

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REI’s annual Anniversary Sale — the retailer’s biggest of the year — has arrived , bringing with it discounts on all kinds of outdoor essentials. If you’ve got a camping trip coming up, now is a good time to stock up on the basics, whether it be a tent , sleeping pad , or stove . If your summer plans involve hiking or heading into the backcountry, there are also savings to be had on everything from Garmin watches to water filters , some of which are also discounted at retailers like Amazon. The sale runs through May 25th, and to save you time scrolling, we’ve rounded up the best deals below. Additionally, as in previous years, REI members ge t 20 percent off one full-price item or one REI Outlet item with code  ANNIV26 , giving those who pay for a lifetime membership ($30) even more ways to save in the run-up to Memorial Day. Smartwatches and fitness trackers Garmin Fenix 8 The Garmin Fenix 8 is a premium multisport watch that feature...
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Here are our favorite Memorial Day deals (so far)

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Portable bluetooth speakers like the Charge 6 and Flip 7 are just a few on sale for Memorial Day. Memorial Day marks the unofficial start of summer, and the holiday’s sales include plenty of deals on gadgets that can help you make the most of the season. If your plans involve beach days, pool parties, or backyard barbecues, now’s a great time to pick up a portable Bluetooth speaker , as many of our favorite models are currently on sale. You’ll also find worthwhile TV deals , along with discounts on smart thermostats to help keep your home cool and your energy costs low. And, if you’re planning on heading out of town, there are deals on noise-canceling headphones , portable chargers , and other travel-friendly gadgets. Below, we’ve rounded up the best Memorial Day deals currently available. To give you more options as you shop, we’ve included good deals from a range of retailers, including ones that aren’t running their own Memorial Day sales. ...
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