Becky Peterson

Thrive Capital, A16Z to Lead Anduril Investment at $60 Billion Valuation Palmer Luckey’s defense technology company builds AI-powered autonomous weapons.

Thrive Capital and A16Z are leading a new investment in Anduril that values the company at $60 Billion.
New w/ @kateclark.bsky.social
www.wsj.com/business/ent...

psyche!

Elon Musk’s Go-To Banker Is Back in Action for the SpaceX IPO Michael Grimes is leaving the government to return to Morgan Stanley and work on possibly the biggest initial public offering ever.

Grimes and Musk are back together. No, not that Grimes! www.wsj.com/tech/elon-mu...

Love to hard launch a news cycle

SpaceX Delays Mars Plans To Focus on Moon Elon Musk’s rocket company had aimed to reach the red planet in 2026

Friday, we broke the news that SpaceX is off Mars and into the moon.
www.wsj.com/science/spac...

Sundance Is Moving to Boulder. Can the Indie Film Scene Move With It? At this year’s festival in Park City, Utah, filmmakers and attendees bid farewell to its longtime home and late founder Robert Redford.

Took a break from *all that* to visit Utah and talk to filmmakers about the future of their craft. My dispatch from the Sundance Film Festival its last year in Park City:

www.wsj.com/arts-culture...

Lends more credence to this @beckpeterson.bsky.social joint from 2020

www.businessinsider.com/jeffrey-epst...

In other news

The Wall Street Star Betting His Reputation on Robots and Flying Cars Morgan Stanley’s former autos analyst has big ideas in his new gig covering the robot economy.

In 2050, Adam Jonas expects to see dozens of drones buzzing past his Time Square office. The streets will be filled with AVs. Homes will be filled with bots. He forecasts $25 trillion in annual sales.

I profiled Jonas, the man betting his reputation on a robotic future.

www.wsj.com/tech/profile...

Tesla is officially post-Sustainable Abundance. Pour one out for the copywriters forced into this alliteration by a Musk tweet.

Inside Elon Musk’s Optimus Robot Project The billionaire has bet Tesla’s future on humanoids, which for now rely on human helpers.

Tesla sales are falling, BYD has taken the lead at the world's largest EV maker, and Elon Musk thinks enough people will want personal humanoid robots to make up for the company's swiftly declining automotive revenue. My story on Tesla's Optimus robot program:
www.wsj.com/tech/elon-mu...

Takeaways From the FBI’s Second Batch of Epstein Files The Justice Department released thousands of more Epstein documents, including a fake passport and fake suicide clip.

Takeaways From the FBI’s Second Batch of Epstein Files
www.wsj.com/politics/pol...

Update: valued at $139 billion.......

Tesla Wins Final Court Fight Over Elon Musk’s Pay Package Delaware’s Supreme Court reversed a lower court’s decision to cancel the CEO’s 2018 pay package.

Delaware Supreme Court has ruled that Musk gets his 2018 pay package, now valued at more than $126 billion.
www.wsj.com/business/aut...

Headline: Help! My Husband Wants a Fake Christmas Tree That Looks Like a Cybertruck

Wasn’t this a plot point in I Have No Mouth and I Must Scream?

Exclusive | Bezos and Musk Race to Bring Data Centers to Space Jeff Bezos and Elon Musk are racing to take the trillion-dollar data-center boom into orbit.

It's like a data center, in space.

www.wsj.com/tech/bezos-a...

Our client does not wish to be described!

Exclusive | Elon Musk’s xAI Is in Advanced Talks to Raise $15 Billion, Lifting Valuation Like other AI startups, the company is burning cash as it seeks to improve its flagship Grok chatbot.

xAI is raising $15 billion at a $230 billion valuation, Berber Jin and I reported last night. That's twice its last disclosed valuation from March.

www.wsj.com/tech/ai/elon...

Fitness-tracking company Jawbone, once worth $3 billion, is shutting down and liquidating its assets The company hasn't released a new product in about two years.

It was 2012 and Epstein's people were negotiating strict terms for their investment in Jawbone (via a fund called Mort). By 2017, the company shut down.

www.businessinsider.com/jawbone-shut...

Inside the files is an email exchange between Epstein and Osborne on top of a forwarded thread with discussion about that investment. (Though it's not clear that it definitely happened.)

The secret life of Ian Osborne, the shadowy 38-year-old cofounder of Chamath Palihapitiya's SPAC who has built the ultimate black book of billionaires Ian Osborne built a career around behind-the-scenes relationships with billionaires from Silicon Valley to Hong Kong. Now the Social Capital Hedosophia founder is reluctantly center stage.

When I profiled Ian Osborne in 2021, there was one detail I couldn't quite get ready for print. We heard he had some sort of investment-related relationship with Epstein. Osborne aggressively denied it.

www.businessinsider.com/profile-ian-...

Obsessed with a very niche aspect of the Epstein files: Epstein's apparent investment in failed startup Jawbone!

Tesla Gives Elon Musk a $1 Trillion Pay Package - The Journal. - WSJ Podcasts Shareholders at Tesla approved the most valuable pay package ever for Elon Musk in an effort to bring his attention back to the company. The CEO will have to hit a number of milestones to get the full...

Fall asleep to the soothing sound of me explaining Elon Musk's path to trillionairedom.

www.wsj.com/podcasts/the...

Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package The new package, which includes 12 chunks of stock, could give Musk control over as much as 25% of Tesla if he hits a series of milestones

Beep boop

www.wsj.com/business/aut...

To get $1 trillion, or another 12% stake in Tesla, the company will need to sell 1 million robots and sustain an adjusted Ebitda/profits of $400 billion.

But he can earn plenty of shares along the way by selling more cars and Full Self-Driving subscriptions, or hitting lower
Ebitda targets.

The Hurdles Elon Musk Must Clear to Unlock $1 Trillion in Tesla Pay Tesla shareholders must consider a complex web of stock-price milestones and operational goals.

We're hours away from the Tesla annual meeting where shareholders will decide whether to grant Musk a comp package worth up to $1 trillion. We laid out that path to $1 trillion here:

www.wsj.com/business/aut...

Tesla Is Obsessed With Musk’s Pay Package. Musk Is Obsessed With AI. Musk’s focus on winning the artificial-intelligence arms race leads to long hours at xAI. Employees were compelled to turn over biometric data to develop controversial avatars.

When Elon Musk left DOGE in May, Tesla investors hoped he would hurry back to headquarters. Instead, Musk holed up at xAI to try and catch up with OpenAI.

Read our deep dive into the fight for Musk's time ahead of Tesla's vote on his proposed $1 trillion pay package.

www.wsj.com/tech/musk-te...

Schwab Asset Management said in a statement that they intend to vote in favor of the 2025 pay package for Musk.

This is a tele-operated Gen 2. Which means when I got handed one mini Snickers instead of a handful of candy, that was on purpose.

Optimus on its way to join the robot army