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Salesforce announced plans to buy Braze, an AI-powered customer engagement and marketing software company, in a deal valued at $5.66 billion. News of the acquisition sent Braze's stock price up roughly 50% in early trading.
Anthropic announced it will set aside 5% of its total equity for a new fund dedicated to the 'public good.' The announcement has prompted skeptical reactions from observers questioning the company's motives and intentions.
Elon Musk posted that he plans to give one SpaceX share to every child in the United States in 2027, a pledge that could be worth more than $10 billion at SpaceX's current $146 share price. He said the shares would go 'directly to the public' and called it the 'first of many' such donations, though he hasn't specified a mechanism for distribution.
Elon Musk announced a plan to give every child in the United States a share of SpaceX, according to the report. The pledge follows similar commitments reportedly made by Anthropic and other prominent technology figures, though specifics on timing, funding, or implementation were not detailed.
Elon Musk announced plans to give one SpaceX share to every child in the United States beginning next year. With roughly 72 million children in the country as of July 2025, the pledge would amount to about $10.5 billion in shares, according to CNBC. The announcement comes as Musk has also been making large political donations, including $158 million to the Senate Leadership Fund PAC and $76 million to his own America PAC.
Elon Musk announced on X that he will give one SpaceX share to every child in America starting next year, calling it 'the first of many' such giveaways. He gave no details on eligibility ages, distribution method, or exact timing, but the plan would reportedly cover about 72 million minors, worth roughly $10.5 billion at SpaceX's current $146 share price.
Apple executive chair Tim Cook sold 191,753 Apple shares on October 2 for roughly $63.9 million, a day after 374,541 restricted stock units vested based on Apple's three-year shareholder return performance. Apple withheld 199,038 shares worth about $65.7 million to cover taxes, and Cook separately gifted 26,325 shares to an unnamed recipient, leaving him with over 3.2 million shares held through his trust.
Anthropic is asking shareholders to approve a share structure, reported within days by The Information, that would give CEO Dario Amodei and his six co-founders combined shares carrying 50.1% of voting power on most matters, contingent on at least three founders retaining a minimum stake. The plan would also expand founder board seats from two to three, keep board selection largely with the Long-Term Benefit Trust, and give employees stock to break ties on certain votes.
Wealthy family offices are increasingly skipping traditional venture capital fund commitments in favor of buying secondary shares or striking direct deals with AI companies, according to Atlas Capital advisor Djoann Fal. He says these investors are drawn by the prospect of tripling returns in months rather than years, and want direct exposure to top AI names rather than ceding control to fund managers for a decade.
Oracle co-founder Larry Ellison called off a prearranged plan to sell as many as 50 million shares of Oracle stock, a transaction that could have been worth up to $7.5 billion. Ellison confirmed that no shares were actually sold under the arrangement before it was withdrawn.
YouTube personality Markiplier has purchased an 8.5% stake in GoPro, making him the camera maker's largest individual shareholder. The move sent GoPro's stock up nearly 80% at one point Tuesday, a sharp reversal after shares had languished around 60 cents through most of August amid fears of delisting.
John Ternus will officially become Apple's CEO next week, taking over from Tim Cook, who moves into the role of executive chairman. Cook led Apple for 15 years, during which its market value grew from $349 billion to over $5 trillion, with shares up roughly 2,205% versus the S&P 500's 560% gain.