Bezos’ Building Bot

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Happy Monday, Future Party. Well, it’s official — SpaceX has gone public. As expected, it was a blockbuster, with shares surging 19% and valuing the space company at nearly $2.2 trillion. Not only was it the biggest IPO ever, but it also made CEO Elon Musk the first trillionaire in history thanks to his 38% stake in the company. That’s enough wealth to buy every automaker in the US, Europe, and Japan — and still rank among the richest people on Earth. Speaking of which, SpaceX president and COO Gwynne Shotwell floated the idea of merging the company with Tesla, a move that would make Musk even richer.

Between that and the New York Knicks winning their first NBA title in 53 years, it was a historic weekend.

Jeff Bezos’ new AI company, Prometheus, wants to create an “artificial general engineer.”

Why It Hits: While most buzzy AI companies are focused on the software or hardware implications of cutting-edge systems, Bezos sees AI as a way to supercharge industrial applications. Prometheus could become the OS behind a manufacturing boom.

Behind The Code: Prometheus wants to give engineering an upgrade.

Last Look: Bezos told The NYT that “six thousand years ago, somebody invented the plow, and we all got wealthier. Then, much later, somebody invented the steam engine, and we all got wealthier. What Prometheus seeks to do is offer a set of tools that dramatically accelerates that invention loop.”

Case in point: Dr. Bajaj said it currently takes about 10 years to design and manufacture a new jet engine. If Prometheus can cut that timeline in half, it could save companies like Bezos’ Blue Origin billions of dollars.

The Future: If Prometheus works, it wouldn’t be surprising to see a second Industrial Revolution — this time with robots doing the brunt of the manufacturing.

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Roku, the entertainment company behind a sprawling streaming platform and hardware business, is reportedly up for sale.

The Big Picture: Consolidation is heating up across every corner of the entertainment industry. While Roku was the first to make a streaming device that could turn any TV into a smart one, Apple and Amazon have since dominated the conversation with their own offerings. Yet Roku has quietly endured. With fresh investment, the company has plenty of room to grow into an even stronger competitor in today’s streaming ecosystem.

Behind The Scenes: Roku hopes a team-up will unlock its next stage of growth.

Closing Thoughts: While Roku may be best known for its streaming devices, it actually makes most of its money from selling digital ads and distributing streaming services like Netflix and HBO Max. With over 100 million households using the platform, the segment generated a whopping $4.1 billion in revenue last year— 87.5% of the company’s total haul.

The company is also investing in original content through The Roku Channel, giving any potential buyer a platform to build on.

Coming Soon: It’s possible that a roll-up cable company like Versant could try to acquire Roku, using it to give its declining network assets a next-gen way to generate revenue.

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31.6% of you voted Yes, in the past in Friday’s poll: Have you ever served on the board of an organization?

“Several. But never paid.”

“The only member with no ties to industry or special interest groups. Just here to represent the ‘common’ man (or woman) of my small Texas county.”

“My own nonprofit animal rescue. Since 2015.”

“Currently serving on the board of directors for my Vietnam Veterans chapter. Former board member of my housing co-op and my fraternity district’s charity corporation. Serving is a privilege and a responsibility.”

Let’s keep the conversation going. Join Poll Of The Day, so your opinions can shine. Discover how your views line up with your peers’, check out cool insights, and have some fun. It’s data with personality.

👍 The DOJ has officially approved Paramount’s merger with Warner Bros. Discovery.

🕺🏽 Michael has surpassed Bohemian Rhapsody as the highest-grossing music biopic of all time, earning $911.0 million at the box office.

🎤 At 36, Taylor Swift is the youngest woman ever inducted into the Songwriters Hall of Fame.

🥡 DoorDash has rolled out a conversational AI assistant that can search for restaurants and place orders.

🥡🥡 At the same time, Gopuff has launched its own conversational AI assistant in collaboration with xAI.

🎧 Tech startup Nothing is finally landing in US stores through a new partnership with Best Buy.

🤯 MrBeast has become the first YouTuber to reach 500 million subscribers.

🤳 LinkedIn is launching a Creator Marketplace to connect brands and influencers on the platform.

📱 YouTube is back in your DMs.