Eighty residents of towns near SpaceX’s Starbase facility in South Texas have filed a class-action lawsuit alleging that the company’s constant rocket launches are physically destroying their homes. The lawsuit accuses SpaceX of negligence, gross negli…
A SpaceX-Tesla merger seems inevitable.
SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect…
The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.
Elon Musk is now officially the world’s first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale – a thousand times more than a billion – is difficult to fathom for those of us who aren’t among the 3,363 billionaires that currently exist in our […]
Elon Musk’s net worth has passed the trillion-dollar mark after SpaceX’s IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]
The SpaceX IPO has boosted Musk’s paper wealth to more than $1,000,000,000,000 at a time when he is more hated — and powerful — than ever.
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.
SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and raised enough money to make Elon Musk the first trillionaire. He has more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home country of […]
TechCrunch has followed SpaceX’s start, struggles, and successes from the early days. And we’re here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won’t), pre-IPO deals, and what’s tucked …