Discord Confidentially Files for IPO, Elon Musk’s xAI Raises $20 Billion
Discord Confidentially Files for IPO, Elon Musk’s xAI Raises $20 Billion  
Podcast: The Rundown
Published On: Wed Jan 07 2026
Description: Market update for January 7, 2026Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today’s episode:storage stocks surge after Nvidia’s Jensen Huang highlights memory demandDiscord confidentially files for a U.S. IPO as the tech IPO market heats upElon Musk’s xAI raises a massive $20B with backing from Nvidia and CiscoMobileye jumps on its $900M humanoid robotics acquisitionDeckers slides after analysts downgrade Hoka’s growth outlookWeb traffic data shows ChatGPT losing ground to Google’s Gemini