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Source: Morning Brew
SpaceX filed paperwork for an IPO seeking to raise $75 billion at a $1.75 trillion valuation, potentially setting a record for the largest public listing. The filing indicates the company plans to go public as soon as June, with the offering driven by Starlink's ability to generate revenue and monetize its satellite internet service.
Source: Newcomer
Anthropic is betting that Claude’s reasoning capabilities can compress the drug discovery timeline by automating molecular design and protein folding—the labor-intensive work that makes biotech expensive and slow. The $400M acquisition shows AI labs are moving beyond chatbots into verticals with measurable ROI, where a 10% improvement in hit rates or candidate screening affects pharma economics. Anthropic also gains a team already embedded in wet biology rather than retraining its own people, while Coefficient avoids the difficult path of selling enterprise AI tools as a standalone vendor.