$400 Million Lost. SpaceX Stock Tanking. Elon Musk Had a Tough Election Night.
The vote was an epic rebuke of Silicon Valley.
We haven't written up this one. The New York Times has the full story — the link below goes straight to it.
More in Finance & Markets
Pound Gauge Hits Strongest Since Brexit Vote on Likely BOE Hike
A gauge of pound strength rose to its highest level since 2016, supported by resilient UK economic data and expectations for interest-rate hikes.
Cinven acquires Theramex for €2.6bn as Carlyle and PAI secure exit
Cinven has agreed to acquire women's healthcare specialist Theramex from Carlyle and PAI Partners in a transaction valued at approximately €2.6bn, almost double the €1.4bn paid by the sellers four…
Point72 hires Goldman Sachs technology veteran as infrastructure engineering chief
Point72 has appointed former Goldman Sachs partner Faisal Shamsee as chief infrastructure engineering officer in Singapore, continuing the hedge fund's recruitment of senior technology executives from…
Bridgepoint’s ECP to sell Harvestone to Andersons for $915m
Energy Capital Partners (ECP), the infrastructure investment platform owned by Bridgepoint Group, has agreed to sell US low-carbon ethanol producer Harvestone Low Carbon Partners to agricultural group…