On 15 February 2023, Jennifer Shahade took a deep breath and wrote “Time’s up” above a long message about allegations of sexual abuse in the cloistered world of professional chess. Shahade knew her words would have an impact but she didn’t expect the social media post to go viral and change her life.
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The stats surrounding Elon Musk’s planned IPO for SpaceX are astonishing, Fortune’s Shawn Tully writes. Analyst Franco Granda of PitchBook told him that a $1.75 trillion mark is justifiable based on SpaceX’s gigantic growth opportunities. Even at $1.5 trillion, the SpaceX debut would rank as the second-most-valuable IPO in history—trailing only Saudi Aramco at $1.7 trillion–plus in late 2019, and leagues ahead of Alibaba’s $169 billion in 2014. A $50 billion raise through an IPO would surpass the $44 billion raised through 90 IPOs last year.
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