SpaceX is moving ahead with an IPO valuing the company at $1.77 trillion, pricing shares at $135, drawing strong interest from U.S. retail investors despite overvaluation concerns. Retail allocation is in the low 20 percent range, above the usual 5 to 10 percent. Fidelity set a $2,000 minimum account balance. Some investors are betting on a first-day surge, while others remain cautious about demand signals and selling restrictions.

Microsoft is discussing a plan to supply its in-house artificial intelligence chip to Anthropic, potentially marking its first external customer for the Maia line. CNBC reported the companies are negotiating Anthropic’s use of the customised chip. A person familiar with the matter said no final agreement has been reached. Anthropic has cited computing constraints as demand rises for Claude and Claude Code, and it has outlined major infrastructure spending and broader chip sourcing.