E98: Human controls computer with brain via Neuralink, Reddit sells data to AI shop for $60m/yr, China’s Moonshot AI raises $1b, Astera Labs’ IPO at $116m revenue + $4b valuation, SpaceX won $1.8b US military contract in 2021 | Pre-IPO Stock Market Update

Send us Fan Mail00:09 | Human controls computer with brain via Neuralink- A robot surgically implanted the Nueralink chip into the human’s brain- Human can control a computer mouse with just their brain- $4.2b implied secondary market valuation, +21.2% from last primary round in Nov 202301:17 | Reddit sells data to AI shop for $60m/yr- Filed S-1 for Mar 2024 IPO- Licensing data for AI training is a new revenue stream- $804m revenue, $91m net loss in 2023- 75,000 most active Reddit users are invited to participate in the IPO- Seeking $5.0b IPO; $5.8b secondary market valuation, -42% from $10b primary round in Aug 202103:20 | China’s Moonshot AI raises $1b- Offers large language model like OpenAI’s ChatGPT to Chinese users- OpenAI and other US based LLMs are not available in Mainland China- Founded by renowned researcher Yang Zhilin- Alibaba, Meituan, Xiaohongshu, HongShan (Sequoia Capital China) participated04:11 | Astera Labs’ IPO at $116m revenue + $4b valuation- Manufactures data center server components; Amazon and Microsoft are customers- 45% increase in revenue 2023 vs 2022- 2024 revenue projected at $250m to $300m- IPO is targeted at $4b05:16 | SpaceX won $1.8b US military contract in 2021- US intelligence and military contract continue to be a major source of revenue for SpaceX- Starshield, a military focused satellite internet solution, won a $70m contract in Aug 2023- SpaceX hires military personnel; e.g. retired Air Force general Terrence O’Shaughnessy- Jan 2024 tender locked a $180b valuation for SpaceX06:41 | Pre-IPO +1.06% for week, +0.07% for last 1yr- Week winners: eToro +24.01%, Rippling +20.27%, Epic Games +15.96%, OpenAI +7.15%, Neuralink +7.15%- Week losers: Airtable -10.47%, Scale.AI -10.28%, ConsenSys -7.36%, Cohere -3.24%, Canva -3.18%- Top valuations: ByteDance $284b, SpaceX $184b, OpenAI $102b, Stripe $60b, Databricks $49b lead in current valuationInvest in pre-IPO stocks with AG Dillon Funds - www.agdillon.com