Reddit IPO could be great for other Tech companies

03/15/24 • 8 min

Reddit has recently adjusted CEO Steve Huffman's compensation structure in anticipation of its forthcoming initial public offering (IPO), indicating a recalibration of its market value expectations. Previously, Huffman's compensation included incentives tied to the company achieving a $25bn market valuation upon going public. These incentives have been revised, reflecting a more conservative outlook on the company's IPO performance.

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Starship Launch was a Success! HUGE Milestones hit!

SpaceX's latest achievement with its Starship rocket marks an important milestone in space exploration. The rocket, known for its unparalleled power and size, successfully completed a half-world journey after launching from South Texas. This test flight showcased its potential for carrying significant payloads into low-Earth orbit, a crucial capability for future space missions.

The launch occurred from the Starbase facility near Brownsville, Texas, with the rocket ascending at 8:25 am CDT. This third iteration of the Starship, towering at 397 feet and boasting a width surpassing a 747 jumbo jet, had its takeoff time adjusted to ensure the surrounding waters were clear of any vessels.

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NASA Artemis Mission Progresses with SpaceX Starship Test Flight

As part of NASA’s Artemis campaign to return humans to the Moon for the benefit of all, the agency is working with SpaceX to develop the company’s Starship human landing system (HLS), which will land astronauts near the Moon’s South Pole during the Artemis III and Artemis IV missions. On March 14, SpaceX launched the third integrated flight test of its Super Heavy booster and Starship upper stage, an important milestone toward providing NASA with a Starship HLS for its Artemis missions.