Gillian Tan

As SpaceX’s valuation hits a record of about $350 billion, propelling Elon Musk’s own net worth to new heights, Morgan Stanley also stands to benefit.

Blackstone Inc. is exploring the sale of the Grand Wailea Resort in Maui, Hawaii, according to people with knowledge of the matter.

McCormick & Co. is in talks to acquire Sauer Brands Inc. from Falfurrias Capital Partners, according to people with knowledge of the matter.

SandboxAQ has raised over $300 million at a valuation of more than $5.6 billion, which will help the startup recruit more engineers for an effort to apply quantum technology and techniques to AI development.

Macquarie Group Ltd. is beginning to explore strategic options including a sale for Altafiber, the telecommunications carrier formerly known as Cincinnati Bell, as appetite surges for companies offering broadband internet services, according to people familiar with the matter.

Insight Partners is exploring options for Dotmatics including a sale of the R&D software maker that could fetch $5 billion or more, according to people familiar with the matter.

TPG Inc. is in advanced talks to buy tower operator Crown Castle Inc.’s fiber business for about $8 billion, according to people familiar with the matter.

Brazil’s Suzano SA is exploring an offer for Clearwater Paper Corp., according to people with knowledge of the matter.

Jared Kushner’s Affinity Partners raised an additional $1.5 billion from the Qatar Investment Authority and Abu Dhabi-based asset manager Lunate, and extended the investment period of its debut fund to 2029.

(Bloomberg) -- Jared Kushner's Affinity Partners raised an additional $1.5 billion from the Qatar Investment Authority and Abu Dhabi-based asset manager Lunate, and extended the investment period of its debut fund to 2029.