A surge in high-profile deals underscored the growing partnership between Silicon Valley and Washington, despite a distracting social media spat between President Donald Trump and Elon Musk. Crypto company BlockFi went public on the New York Stock Exchange, with its shares increasing 200%. Meanwhile, an artificial intelligence firm launched a new product designed to aid national security efforts. Defense tech start-up Anduril raised $2.5 billion to pursue Pentagon contracts, further solidifying the region’s ties with the government.
Source: https://www.washingtonpost.com/technology/2025/06/08/trump-musk-tech-industry-profitable