CNBC is a ticker tracked in our intelligence system with 5 linked articles.
Trump confirmed that Elon Musk's pledge to give one SpaceX share to every American child (~72 million shares, ~$10.5B at Friday's valuation) will be routed through the new 'Trump Accounts' policy vehicle, with Brad Gerstner credited as an enabler.
Elon Musk pledged to give one SpaceX share (~$10.5B total across ~72M US children) via Trump Accounts starting next year, implying a roughly $146/share value for a still-private company and raising registration/IPO mechanics questions.
Reddit shifts toward AI-powered moderation (Rules Hub) to reduce reliance on karma/account age, while posting strong Q2 financials ($805M revenue, $1.25 EPS) and expanding tools to all communities.
Digest catalogs a broad wave of funding rounds across biotech, fintech, and consumer tech, plus notable leadership moves, with Album VC raising a $75M Utah fund and Pinterest delivering mixed Q3 results.
IEEE launches an AI-for-power course to help utilities modernize grids, detailing five modules (AI fundamentals, grid control, forecasting, physics-informed AI, and generative AI) and citing potential operational gains from McKinsey data and a surge in data-center demand.
Kalshi CEO argues New York’s $36B lawsuit is unfair, drawing parallels to Nasdaq and other platforms (Uber/Airbnb) to frame regulatory risk, with Kalshi valued around $22B amid ongoing legal headwinds.
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