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Reuters93d agoneutral
Figma raises annual revenue forecast as AI drives strong design demand

Figma raised its annual revenue forecast on Thursday, as growing adoption of its artificial intelligence tools helped ‌convert more users to paid plans and grow the use of ‌its design software across large corporate customers, sending its shares up 15% in extended trading. The company ​now expects 2026 revenue between $1.42 billion and $1.43 billion, compared with its prior forecast of $1.36 billion to $1.37 billion. Figma's offerings have strongly resonated with customers, which range from Fortune 500 companies to freelancers, as its browser-based platform allows users to go from ‌creating simple sketches to coding ⁠and shipping.

Only Elon Musk can fire Elon Musk from SpaceX, filing shows
Reuters108d agoneutral
Only Elon Musk can fire Elon Musk from SpaceX, filing shows

NEW YORK, April 29 (Reuters) - SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the ‌billionaire founder's consent, according to an excerpt of its IPO filing reviewed by Reuters. The filing states that Musk "can ‌only be removed from our board or these positions by the vote of Class B holders" - super-voting shares with ten votes apiece that he ​will control after the IPO, making his removal effectively a self-vote.