Exec Sum

Elon Musk with the fattest ratio on President Biden

The fund centers around three bets: > rebuilding global financial infrastructure > tokenizing real-world assets > building the financial layer for AI agents that transact autonomously 24/7 The firm backed Coinbase, Anchorage, GitHub, and Square

BREAKING: Haun Ventures raises $1 Billion in new funds to back founders building at the intersection of crypto, fintech, and AI Founder Katie Haun cited stablecoin volumes hitting double-digit trillions in 2025 (approaching Visa and Mastercard combined) as the core macro thesis

Berkshire Hathaway's cash pile soared to a record $400B in the first quarter under new CEO Greg Abel Abel has a shortlist of companies he is interested in buying and it waiting for "dislocations in markets that will allow Berkshire to act"

States including California, Illinois, and Colorado are set to ban PE firms from acquiring law firms The bills have already passed lower chambers in California and Illinois and have advanced from committee in Colorado's legislature. The respective bills are very likely to soon become law

Elon Musk's Tesla compensation hit $158B last year The compensation figure is largely from a $1T stock award, which is structured to be cashed in if certain stock value and operational milestones are achieved

BREAKING: Andrew Ross Sorkin challenges GameStop CEO Ryan Cohen on how the company plans to finance the $56B eBay acquisition, claiming the math doesn’t add up. Cohen appears unamused by the questions and simply says 50/50 cash and stock.

Musk says he's going for a $10 trillion net worth "$10T or bust"

BREAKING: Anthropic has formed a $1.5B+ joint venture with Blackstone, Goldman Sachs, Hellman & Friedman, Apollo, General Atlantic, Sequoia, Leonard Green, and Singapore's sovereign wealth fund The goal: make Anthropic's Claude Code the default AI implementation platform for enterprise

BREAKING: GameStop is proposing to buy eBay for $56 billion in cash and stock. The offer represents a 20% premium to eBay’s share price as of Friday. GameStop currently has a market cap of $12 billion.

Ken Griffin once urged a Harvard graduate to decline his Citadel job offer after the candidate said he would quit and climb mountains if he made $10 million. Griffin says he looks for candidates who are hungry to grow the firm, not in it to make a quick buck and then leave.

BREAKING: US foreclosure filings hit the highest since 2020

Elon Musk is shooting for $10 trillion in personal net worth

Wait what.

BREAKING: Elon Musk reportedly toured a $300M under-construction mansion in Miami, Florida

Pickleball Inc., the parent company of Major League Pickleball and PPA Tour, raised $225M at a $750M valuation from Apollo's sports fund and Dundon Capital Partners The deal will allow Pickleball Inc. to roll up several pickleball assets in America as it seeks to grow pickleball beyond 'emerging' status and into a major American sport

BREAKING: GameStop is looking to acquire $45B-listed eBay

Not the first time* someone is beefing with Palmer Luckey on the tl without knowing who he is *First time for a billionaire quant pioneer though

BREAKING: S&P 500 closes at new all-time high

BREAKING: Elon Musk says “universal HIGH INCOME” via checks sent by the government would be the “best way to deal with unemployment caused by AI”

BREAKING: Trump says he’s raising EU auto tariffs to 25% without clarifying how he would do so, per CNBC The Supreme Court struck down Trump’s “reciprocal” tariffs back in February