TLDR 2025-12-10

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SPACEX TO PURSUE 2026 IPO RAISING FAR ABOVE $30 BILLION

SpaceX is moving ahead with plans for an initial public offering that could raise significantly more than $30 billion. It is targeting a valuation of about $1.5 trillion for the entire company. SpaceX's management and advisors are pursuing a listing as soon as mid-to-late 2026. The company is expected to produce about $15 billion in revenue in 2025, increasing to up to $24 billion in 2026.

FROM LLAMAS TO AVOCADOS: META'S SHIFTING AI STRATEGY IS CAUSING INTERNAL CONFUSION

Meta is currently pursuing a Llama successor codenamed Avocado. The model is expected to be released before the end of this year. Meta seems to have shifted from its open source stance - Avocado could be a proprietary model. Some people at Meta were reportedly upset that DeepSeek used pieces of Llama's architecture in its R1 model, so the company decided to overhaul its strategy.

A NEW PRODUCT, A NEW CUSTOMER, A NEW FINANCING!

Superpower is a 42MW natural gas turbine optimized for AI datacenters. Built by Boom Supersonic, Superpower is launching with a 1.21GW order from Crusoe. Boom is vertically integrating manufacturing. It plans to build a new Superfactory in Denver to make 2GW/year of turbines from raw materials.

TESLA CEO ELON MUSK CLAIMS DRIVERLESS ROBOTAXIS COMING TO AUSTIN IN 3 WEEKS

Elon Musk says that Tesla will remove safety monitors from the passenger seats of Tesla Robotaxi vehicles in about three weeks. Passengers are currently able to use the safety monitor to take control at any time. The three-week timeline means it is possible for the driverless Teslas to be operating by the end of the year.

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FACILITATING AI ADOPTION AT IMPRINT

AI adoption is a side quest for every engineering leader in the current era. This guide shows how Imprint worked on the problem. You have to be using the tools if you want to lead an internal AI initiative. Real AI adoption on real problems is a complex blend of domain context on the problem, domain experience with AI tools, and old-fashioned IT issues. Model selection matters a lot.

THE RISE OF THE 0.1X ENGINEER

Coding assistants allow anyone to become a 10x engineer. However, it is the 0.1x engineers who will soon be the most valuable. These engineers carefully curate code and set the right patterns rather than prompting to add code. It is really easy to add bloat to a code base, but really hard to differentiate dead code from LLM slop leftovers.

OPENAI HIRES SLACK CEO DENISE DRESSER TO LEAD GLOBAL REVENUE STRATEGY

OpenAI has hired Slack's CEO, Denise Dresser, as its chief revenue officer. Dresser will oversee OpenAI's global revenue strategy across both customer success and enterprise. She was an executive at Salesforce for more than a decade before being named as Slack's CEO in 2023. OpenAI is on track to reach more than $20 billion in annualized revenue run rate this year. It plans to grow to hundreds of billions in sales by 2030.

THE BUBBLE IS LABOR

Companies only hire people because they can't do all of the work themselves. If every founder could handle all of the tasks themselves, there wouldn't be anywhere near the number of jobs we have today. The only reason the current labor market exists is because there's a group of founders/owners who need help producing their goods and services. These people aren't required to hire anyone, and the moment they can do the work themselves, they will.

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AI COMPANIES ARE HIRING ONE-THIRD FEWER PMS

Model builders and vibe coding platforms have 34% fewer 'product manager' titles as a share of open roles.

PEBBLE MAKER ANNOUNCES INDEX 01, A SMART-ISH RING FOR UNDER $100

The Index 01 ring can only capture voice notes.

IMESSAGE'S DELIVERY ARCHITECTURE MAKES IT HARD TO BLOCK WITHOUT BLOCKING ALL IOS PUSH NOTIFICATIONS

iMessage's architecture makes it veto-proof with cellular carriers and hard to block in authoritarian countries.

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CONFRONTING CAREER INEQUALITIES

It is important to acknowledge the gap in compensation among teams to ensure that work is produced at a net-positive for the organization.

'SOURCE AVAILABLE' IS NOT OPEN SOURCE (AND THAT'S OKAY)

Open source only works when we agree on what the term means.

WHERE ARE YOU SUPPOSED TO GO IF YOU DON'T CARE ABOUT GROWTH?

The current job market isn't very appealing, not like there are that many jobs available for people not yet established in their field.