5 June 2026

Sources: SpaceX prepares the largest retail allocation ever attempted in a megacap IPO, seeking to reserve as much as 25% of its $75B float for retail investors (Financial Times)

Financial Times:
Sources: SpaceX prepares the largest retail allocation ever attempted in a megacap IPO, seeking to reserve as much as 25% of its $75B float for retail investors  —  Up to a quarter of the rocket builder's $75bn float will be set aside for individual investors

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The NY State legislature passes a one-year moratorium on new large data centers, the first statewide ban of its kind if Governor Kathy Hochul signs it into law (Lauren Feiner/The Verge)

Lauren Feiner / The Verge:
The NY State legislature passes a one-year moratorium on new large data centers, the first statewide ban of its kind if Governor Kathy Hochul signs it into law  —  It could become the first ban of its kind in a state. … The New York State legislature passed a one-year moratorium …

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Filing: Reid Hoffman, who has served on Microsoft's board since 2017, will not stand for re-election at the company's 2026 annual meeting (Todd Bishop/GeekWire)

Todd Bishop / GeekWire:
Filing: Reid Hoffman, who has served on Microsoft's board since 2017, will not stand for re-election at the company's 2026 annual meeting  —  Reid Hoffman, the LinkedIn co-founder who has served on Microsoft's board since 2017, will not stand for re-election at the company's 2026 annual meeting …

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Allen Control Systems, which makes AI-powered gun turrets for shooting down drones, raised a $200M Series B led by Smash Capital at a $2.2B post-money valuation (Dan Primack/Axios)

Dan Primack / Axios:
Allen Control Systems, which makes AI-powered gun turrets for shooting down drones, raised a $200M Series B led by Smash Capital at a $2.2B post-money valuation  —  Years before he helped launch Disney+, or helped the Mouse buy Marvel and Star Wars, Kevin Mayer studied mechanical engineering …

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In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to "make people addicted" to its new AI agent product called Scout (Aaron Holmes/The Information)

Aaron Holmes / The Information:
In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to “make people addicted” to its new AI agent product called Scout  —  Microsoft CEO Satya Nadella on Thursday rebuked an internal memo that another company executive had written advocating to …

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