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Musk’s is putting $300 million of xAI's shares up for grabs...and now we find out if anyone actually wants a slice of the $113 billion pie

Musk is launching a $300 million secondary share sale for xAI which means xAI employees can cash out by selling their shares to fresh investors.

Flux team
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1
min read
· Posted on
June 6, 2025

ASIC comes after RAMS Home Loans after its liar loans turned customers from Interns into six-figure-Execs with just a keystroke

ASIC is now suing RAMS for systemic misconduct between 2019 and 2023.

Flux team
~
1
min read
· Posted on
June 6, 2025

Mecca is all glow and no filter after hitting breaking through the billion dollar barrier

Mecca has just reported record revenue of $1.2 billion for 2023 up from $971 million in 2022.

Flux team
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1
min read
· Posted on
June 6, 2025

McKinsey & Company has cut 10% of workforce since 2022 thanks to its new employee Lilli who doesn't take coffee breaks and doesn't ask for a pay rise

McKinsey has a new employee and developed an in-house AI assistance called Lilli.

Flux team
~
1
min read
· Posted on
June 4, 2025

Treasury Wine's US dreams hit a sour note as its key Californian distributor, worth 10% of global sales, pulls the plug

Treasury’s key distributor in California, the biggest wine state in the US, is pulling out completely.

Flux team
~
1
min read
· Posted on
June 4, 2025

IDP Education tanks 48% in a day, and short sellers are booking graduation trips with the profits

IDP has announced its earnings would drop by around 30% in FY25 and this was due to stricter migration policies globally.

Flux team
~
1
min read
· Posted on
June 4, 2025
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Disclaimer: All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.Flux does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) and ASIC RG 36.66. Flux Technologies Pty Ltd provides general advice on credit products under our own Australian Credit Licence No. 530103. Check out our Credit Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.