Exits — Page 3
M&A, IPOs, secondaries, shutdowns.
- Switch taps Goldman and JPMorgan for an IPO that could value it near $80 billion
Founder Rob Roy's data center operator could raise up to $10 billion as AI infrastructure demand sends another private-market asset toward Wall Street.
- James Murdoch closes Lupa's breakaway Vox Media deal
Jim Bankoff will run the Lupa-owned subsidiary built around New York Magazine, Vox.com and Vox Media's podcast network.
- Coursera cuts jobs after Udemy merger as $115 million synergy target starts hitting payroll
The online learning platform disclosed $8 million to $11 million in severance-related costs less than two months after closing the deal.
- Novartis to buy Imperial-Crick spinout Myricx Bio for up to $1.5 billion
The London biotech went from a 2019 GBP 4.5 million seed round to a pharma exit after shifting NMT inhibitors into ADC payloads.
- Chris Lattner's Modular is selling to Qualcomm in a bet on the AI runtime layer
The deal puts Mojo, MAX and Modular's hardware-neutral pitch inside Qualcomm's edge-to-cloud silicon strategy.
- SpaceX agrees to buy Cursor maker Anysphere for $60 billion
The stock deal gives Elon Musk's public-market SpaceX a fast-growing AI coding business as xAI chases Anthropic, OpenAI and Microsoft.
- Salesforce to buy Eoghan McCabe's Fin for about $3.6 billion
The Intercom-turned-AI-agent company is set to join Agentforce after a May rebrand and a hard pivot into customer-service automation.
- SpaceX opens above its IPO price in Nasdaq debut and the rich get richer
The shares opened at $150, 11% above the $135 IPO price, giving Elon Musk's space business its first public-market mark.
- Illyas Khan's Quantinuum IPO turns a quantum software bet into a $2.2 billion stake
Quantinuum raised $1.68 billion at a valuation above $15.6 billion while reporting just $30.9 million in 2025 revenue.
- Zepto's IPO filing shows Aadit Palicha's ad bet is outpacing overall revenue growth
The Indian quick-commerce company filed for an IPO with revenue doubling, losses widening, and public investors still waiting on valuation clarity.
- NVIDIA Acquires Kumo AI for Over $400 Million to Push Graph AI Into Enterprise Prediction
The reported deal would give NVIDIA graph-learning technology aimed at supply chains, customer networks, and recommendations.
- Report: Asana is buying StackAI for $75M to anchor an Agent OS
A paywalled report claims Asana is acquiring YC-backed StackAI for $75M to power an Agent OS; there is no public confirmation and key deal details remain unverified.
- Garnix to shut down, open source its Nix CI as team joins Shopify
Alex David, Soenke Hahn, and Julian K. Arni say the hosted service ends July 15th, 2026, with the code released at garnix-io/garnix-ci.
- SpaceX S-1 signals a regulated X Money push alongside SPCX listing
The IPO filing creates a dual-class, founder-controlled structure and outlines an X Money Product for P2P and commerce; it flags AML, money transmission, banking, and crypto exposure while leaving licensing and data-governance specifics unclear.
- Sam Altman moves to take OpenAI public, per WSJ
WSJ reports OpenAI could file its IPO paperwork in days, possibly as early as Friday, with Goldman Sachs and Morgan Stanley advising.
- Alex Rattray’s Stainless is joining Anthropic as the devtools startup winds down hosted products
Alex Rattray’s SDK-generator startup will wind down hosted products; The Information reported talks above $300M as Anthropic folds a key supplier into its stack.
- Elon Musk faces a post-merger talent drain at SpaceXAI
Over 50 staffers have exited since February, with at least 11 to Meta and 7 to Mira Murati's Thinking Machine Labs, per reporting cited by TechCrunch.