The pandemic all but shut down IPO activity in March, and for a while it seemed like companies would press pause on going public. But nine months later, the public markets are busier than ever—largely thanks to special purpose acquisition companies, or SPACs. “Everybody jumped on board this gravy train,” Lise Buyer, founder and managing […]
Elon Musk is really still on a tear. Tesla stocks have jumped more than 500 percent in the previous 12 months, along with the electrical car firm–that Musk prospects as chief executive–branded its fifth consecutive quarterly gain, generated a listing 145,000 vehicles in the past quarter, and has {} 50% earnings growth during the previous […]
Seeing the U.S. already fall behind China in the race to 5G, Brad Garlinghouse is worried another hotly contested technological battle is headed in the same direction: the race to cryptocurrency preeminence. As the CEO of Ripple––a software company focused on solving cross-border payment inefficiencies using blockchain technology––Garlinghouse is frustrated with what he believes to […]