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OpenAI reportedly completed a $7 billion employee tender offer, valuing the company at $852 billion, and signaling that its anticipated IPO may be delayed.
Electronic Arts has officially become a private company after a $55 billion acquisition by an investor group led by Saudi Arabia's PIF, Silver Lake, and Affinity Partners; the deal is the largest leveraged buyout ever.
Hermeus's Quarterhorse Mk 2.1 became the world's first privately developed unmanned supersonic jet, reaching Mach 1.21, making Hermeus the fastest company to achieve supersonic flight from founding.
Elon Musk reiterates that SpaceX should remain focused on its mission of making life multiplanetary rather than catering to quarterly earnings, underscoring the rationale for keeping the company private.