Startups & VC Summary

The week has seen significant developments in the startup and venture capital landscape. According to a report from Bloomberg, the week’s biggest funding round was led by predictions market Kalshi, securing $1 billion in fresh financing.

Other notable funding rounds included sectors such as defense tech, AI infrastructure, and cybersecurity, indicating a return to larger investments by venture capitalists. Additionally, SpaceX is reportedly aiming for an IPO in the second half of 2026, which could value the company at over $500 billion, surpassing OpenAI's previous record.

This follows a trend of tech IPOs gaining momentum, especially in China, where home-grown chipmaker Moore Threads made a blockbuster debut amidst increasing geopolitical tensions. Meanwhile, Netflix's significant move to acquire Warner Bros.

Discovery for $72 billion has also highlighted the evolving landscape of media and entertainment investments.