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# The Biggest Money Week in a While, Big Tech, Bigger Bets, The Lighter Side
- URL: https://adjacent.media/scan/2026-06-05-am/
- Published: 2026-06-05T10:04:53.000Z
- Updated: 2026-06-05T10:04:53.000Z
- Description: SpaceX is going public at a valuation that breaks records, quantum computing has its IPO moment, and Benchmark abandoned a philosophy it held for two decades. Capital markets are doing a lot of work this Friday.
- Author: Jonathan Greene
- Tags: #scan-am, #scan

SpaceX is going public at a valuation that breaks records, quantum computing has its IPO moment, and Benchmark abandoned a philosophy it held for two decades. Capital markets are doing a lot of work this Friday.

> **$15.6B** — Quantinuum priced above range and upsized its IPO, making it the largest quantum computing public offering to date. *(Bloomberg)*

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### Connected World

#### [SpaceX IPO to Be Largest Ever at $135 Share Price](https://www.nytimes.com/2026/06/03/technology/spacex-ipo-pricing.html?ref=adjacent.media) (paywall)

Priced to exceed Saudi Aramco's 2019 record — whether you wanted in or not, your index fund probably bought some. *(NYT)*

#### [Quantinuum Raised $1.68B in an Upsized IPO](https://www.bloomberg.com/news/articles/2026-06-04/honeywell-backed-quantinuum-raises-1-68-billion-in-upsized-ipo?ref=adjacent.media) (paywall)

Selling 28M shares at $60 against a marketed range of $53–$55 is about as clean an "investors wanted more" signal as it gets. *(Bloomberg)*

#### [Benchmark Raises Its First-Ever Growth Fund as Part of $2B Capital Haul](https://techcrunch.com/2026/06/03/benchmark-raises-its-first-ever-growth-fund-as-part-of-2b-capital-raise/?ref=adjacent.media)

Twenty-plus years of staying small and disciplined, gone — which tells you something about where the pressure is in venture right now. *(TechCrunch)*

#### [SpaceX Wins Property Tax Exemption for Its Planned $55B Terafab Chip Facility in Texas](https://www.ft.com/content/86b2440a-60ce-4a5b-94ba-a6a4456ae574?ref=adjacent.media) (paywall)

Local opposition didn't move the needle; the exemption clears the path for what would be one of the largest chip manufacturing bets in US history. *(Financial Times)*

### Connected World

#### [Meta Gets Back Into Face Recognition](https://www.wired.com/story/meta-smart-glasses-face-recognition-nametag-connections/?ref=adjacent.media)

The Connections feature for Ray-Ban glasses revives the category Meta shelved after the DeepFace backlash — this time worn on your face in public. *(Wired)*

#### [Meta Is Considering $200/Month for Its Planned "Hatch" AI Agent Tool](https://www.theinformation.com/articles/meta-looks-charge-200-month-planned-hatch-ai-agent?ref=adjacent.media)

Internal docs suggest tiered pricing that mirrors OpenAI's operator tier, signaling Meta is serious about enterprise AI revenue, not just consumer reach. *(The Information)*

#### [Nvidia Acquired Enterprise AI Startup Kumo for $400M+](https://www.theinformation.com/articles/nvidia-buys-enterprise-model-maker-kumo-ai-least-400-million?ref=adjacent.media)

Kumo builds predictive AI for enterprises — adding software margin to a hardware giant is the oldest playbook, and Nvidia keeps running it. *(The Information)*

#### [Apple's Overhauled Siri Will Reportedly Run on Nvidia's Blackwell Chips via Google](https://www.macrumors.com/2026/06/04/apple-siri-rely-on-google-nvidia-chips/?ref=adjacent.media)

Apple leaning on Google's Nvidia fleet for its most important product relaunch is a strange sentence, and yet. *(MacRumors)*

#### [AI CEOs Sign Open Letter Urging Bioweapons Tracking Laws](https://www.wired.com/story/openai-anthropic-letter-ai-biological-weapons/?ref=adjacent.media)

Altman, Amodei, and Hassabis — rivals on nearly everything — found common ground on synthetic DNA traceability, which is either reassuring or alarming depending on your priors. *(Wired)*

> “Incompetence and unprofessionalism in the new management have wreaked havoc.” — *Scott Pelley, on leaving 60 Minutes*

### Connected World

#### [MacBook Neo Is So Popular That Apple Reportedly Doubled Production](https://hardware.slashdot.org/story/26/06/03/2021221/macbook-neo-is-so-popular-that-apple-reportedly-doubled-production?utm%5Fsource=rss1.0mainlinkanon&utm%5Fmedium=feed)

Ming-Chi Kuo says Apple went from 5M to 10M units for 2026 — at some point "supply chain ramp" stops being a qualifier and starts being the headline. *(Slashdot)*

#### [Flesh-Eating Screwworm Confirmed in South Texas — First Case Since the 1960s](https://arstechnica.com/health/2026/06/flesh-eating-screwworm-infection-detected-in-south-texas-usda-says/?ref=adjacent.media)

The USDA is calling it an isolated case; the livestock industry is calling it a very bad Friday. *(Ars Technica)*