LVMH-Backed L Catterton Takes Stake in Private Jet Firm Flexjet
Catterton—backed by luxury giant LVMH—has led an $800 million funding round for Flexjet, taking a roughly 20% stake that values the private jet company.
Marc Allen, CEO of Electra, explains how its hybrid-electric aircraft could transform regional travel with runway-free takeoffs and faster city-to-city flights.
Christopher Zara, News Director at Fast Company, breaks down Apple's $114 billion quarter, its foldable iPhone and new CEO John Ternus' first big test.
Emily Peck, Axios reporter and co-author of Axios Markets, breaks down AI funding, Anthropic’s IPO and how the midterms could threaten data center investments.
Marvell Technology is acquiring optical technology company Lumentum in an all-stock deal with an implied enterprise value of approximately $115 billion.