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SpaceX files IPO S-1, targeting a $1.75 trillion valuation and raising $75 billion, more than double Saudi Aramco's record. The prospectus reveals its most profitable business is not rockets.
DeepSeek has rejected investment from Alibaba to maintain corporate independence and avoid restrictive ecosystem integration clauses, despite significant interest from Chinese tech giants. The company seeks funding primarily for computational power and talent retention while minimizing external control over its commercialization agenda.