SpaceX completed a new tender valuing the company at roughly $800 billion. Alphabet, an early investor in 2015 (with Fidelity), holds about a 10% stake from that round. A sharply higher valuation could translate into significant accounting gains for Alphabet in upcoming reports. #SpaceX #FiatNews
iRobot filed for Chapter 11 and agreed a restructuring under which its creditors and main Chinese manufacturing partners will take full control to reduce debt and keep operations running. Amazon previously considered a ~$1.7bn acquisition; shares earlier spiked 74% in a single day in December before this filing. #IRBT #FiatNews