Billionaire family offices bet on drones, nuclear energy in August

Billionaire family offices bet on drones, nuclear energy in August

Key Points Billionaire family offices inked high-profile investments in an otherwise slow month for deal-making, according to Fintrx. Four billionaires’ private investment firms joined an $863 million fundraise for a nuclear fusion startup. Peter Thiel, a longtime investor in defense tech, backed a German drone maker as other high-net-worth investors flock to the sector. A…

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Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings

Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings

US Senators Richard Blumenthal (L) and Elizabeth Warren. Nurphoto | Getty Images Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., initiated an investigation into the National Labor Relations Board on Wednesday concerning the agency’s decision to drop charges against Elon Musk’s SpaceX over retaliatory firings, according to correspondence first obtained by CNBC. SpaceX is reportedly…

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