TNB Tech Minute: X Restructures Ahead of SpaceX IPO
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 26 March 2026
⏱️ 3 minutes
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| 0:31.3 | Here's your afternoon, TNB Tech Minute, for Thursday, March 26th. I'm Julie Chang for the Wall Street Journal. |
| 0:38.7 | We exclusively report that Elon Musk's social media company, X, has let go of its chief |
| 0:44.3 | marketing officer and laid off some non-technical staff over the last several weeks. |
| 0:49.5 | People familiar with the matter say the company is looking to right size as its parent company |
| 0:54.1 | SpaceX seeks a potential IPO valued at at least $1 trillion. familiar with the matter, say the company is looking to right size as its parent company, |
| 1:00.8 | SpaceX, seeks a potential IPO valued at at least $1 trillion. The moves at X echo what's happening elsewhere inside the company since the XAI and SpaceX merger, X merged with XAI |
| 1:06.8 | last year, and XAI and SpaceX combined in early February. Several co-founders at XAI have |
| 1:13.6 | since announced they were leaving the company, and several teams were restructured. The mortgage finance |
| 1:19.5 | finance giant Fannie Mae will soon accept so-called crypto-backed mortgages. A new mortgage product unveiled |
| 1:26.0 | today from Better Home and Finance and Crypto Exchange |
| 1:29.2 | Coinbase Global allows homebuyers to pledge their crypto holdings when getting a Fannie-backed |
| 1:34.7 | mortgage instead of selling the crypto to make a cash-down payment. This isn't the first |
| 1:39.9 | crypto mortgage offering, but Fannie's involvement could make these products more mainstream. |
| 1:44.7 | According to Gallup, about 14% of American adults owned cryptocurrencies last year. |
| 1:50.9 | And the Federal Communications Commission advanced a plan to bring outsourced call center jobs |
| 1:56.2 | back to the U.S. The new rules would require phone, internet, and cable companies to disclose |
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