> ## Content Index
> Fetch the complete content index at: https://adjacent.media/llms.txt
> Use this file to discover other available public pages before exploring further.

# Evening Scan
- URL: https://adjacent.media/scan/2026-06-03-pm/
- Published: 2026-06-03T23:05:41.000Z
- Updated: 2026-06-03T23:05:41.000Z
- Description: SpaceX skipped the roadshow formality and just told investors the price: $135 a share, $75B raised, $1.75T valuation. GitLab spent the day demonstrating the other side of the AI pivot story.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

SpaceX skipped the roadshow formality and just told investors the price: $135 a share, $75B raised, $1.75T valuation. GitLab spent the day demonstrating the other side of the AI pivot story.

> **$7.4B** — What DeepSeek is reportedly raising in its first-ever funding round, at a valuation between $52B and $59B, with Tencent and CATL among the backers. *(Reuters)*

---

#### [SpaceX Fixes IPO at $135 a Share for a $1.75T Valuation](https://www.reuters.com/business/media-telecom/spacex-plans-raise-75-billion-ipo-135-per-share-source-says-2026-06-03/?ref=adjacent.media)

Setting a single price before the roadshow rather than a range is Elon telling the market: you need us more than we need you. *(Reuters)*

#### [GitLab Is Laying Off 14% of Its Workforce in an AI Pivot](https://www.wsj.com/business/earnings/gitlab-to-cut-14-of-workforce-as-part-of-ai-pivot-493b9813?st=EjHR3H&reflink=desktopwebshare%5Fpermalink&ref=adjacent.media) (paywall)

350 people out, 22 countries exited — the "AI-focused" rebrand is doing real work here. *(Wall Street Journal)*

#### [DeepSeek Set to Raise \~$7.4B From Tencent, CATL in First Funding Round](https://www.reuters.com/business/retail-consumer/deepseek-slated-draw-7-billion-maiden-fundraising-sources-say-2026-06-03/?ref=adjacent.media)

The lab that rattled Silicon Valley in January is now pulling in sovereign-scale capital. The "scrappy open-source underdog" framing has a shelf life. *(Reuters)*

#### [UK CMA Rules Google Must Let Publishers Opt Out of AI Search Results](https://www.theverge.com/tech/942302/google-search-ai-overviews-uk-cma-publisher-opt-out?ref=adjacent.media)

Google has nine months to implement the changes — a meaningful precedent for publisher leverage that other regulators will be watching closely. *(The Verge)*