The Year of the Super IPO? Musk vs Altman, and the Race to $100 Billion Floats

Reports are swirling this week that Elon Musk’s xAI is raising $300 million at a valuation north of $113 billion. Yes, you read that right. A company barely two years old, with its Grok chatbot only recently available worldwide, is now being priced like a tech titan.

The BRICS Go Their Own Way

The BRICS+ nations aren’t launching a gold-backed currency or abandoning the dollar just yet—but don’t be fooled. Behind the headlines, a slow-motion revolution is underway. From building their own World Bank-style institutions to expanding gold reserves and settlement systems beyond Western control, this year’s BRICS Summit in Rio marks a critical shift in global monetary power.

The “Sleep Well at Night” Portfolio

In this piece, James Altucher shares the investing insights he’s learned over two decades of wins, losses, and hard-earned lessons. From market history to real diversification and the power of moonshot opportunities, this is a deep dive into what it actually takes to succeed—and sleep well—while investing.