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The most valuable startup in America is worth more than SpaceX
CNN
Move over, SpaceX and Instacart: Payments processing company Stripe is now the most valuable startup in America.
Stripe announced Sunday a new $600 million round of funding at a valuation of $95 billion, nearly tripling its last valuation of $36 billion. The new funding vaults Stripe ahead of Instacart, which recently raised new financing at a valuation of $39 billion, as well as Elon Musk's SpaceX, which is now valued at $74 billion, according to research firm CB Insights. (Still, Chinese TikTok owner Bytedance still easily retains the title of the world's most valuable "unicorn" startup at $140 billion.)More Related News

Tucked in the Trump administration’s sweeping AI action plan announced Wednesday is a recommendation that tech companies with federal contracts ensure their models don’t include “ideological bias.” Such a rule would likely have a wide impact considering many large tech companies either work with or are pursuing work with the government work; Google, OpenAI, Anthropic and xAI were each awarded $200 million to work with the Department of Defense earlier this month.