SpaceX IPO Sees $70B Retail Orders; Oracle Faces Pressure

SpaceX is reportedly nearing its IPO pricing, having attracted over $70 billion in retail investor orders, signaling strong demand for the space exploration company's public debut. Meanwhile, Oracle is experiencing investor scrutiny following its announcement of higher-than-anticipated quarterly capital expenditures. This surge in expenses has sparked concerns regarding the long-term profitability of its AI infrastructure ventures. The report also features insights from Alexis Ohanian, founder of 776 and co-founder of Reddit, discussing industry trends at SuperReturn in Berlin.