Consumer lending startup Affirm is said to have priced its initial public offering at $49 per share, Bloomberg reported Tuesday . That means the company raised over $1.2 billion and could be valued at $11.9 billion in the public markets. Affirm had already raised its price range in a securities filing Monday from between $33 and $38 to between $41 and $44. The company had initially planned to...
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SpaceX, Klaviyo, LLMs: Highlight Stories From This Week
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernauts—Amazon and Microsoft—held big, flashy product launch events. Through it all, The Information’s newsroom pumped out a string of scoops, analyses and meaty newsletters.
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