The deal is supposed to help SpaceX’s struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
SpaceX is now worth more than Amazon, at least for as long as the rally holds. Shares of the rocket company rose more than 10% on Tuesday, extending a run that began at its market debut and putting it on course to become the world’s fifth most valuable…
SpaceX’s IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
Two days after taking SpaceX public in the largest stock-market debut on record, Elon Musk said the company could be earning roughly $1tn a year by 2030, and probably more in 2031. He made the claim on X over the weekend, as Reuters reported, with the …
Last week, we ran a sidebar survey asking if Electrek readers still believed in Elon Musk’s vision of a self-driving, robot-built future on Mars. After receiving more than 3,000 responses, here’s what you told us you think about the world’s first trill…
Startups are trying to “ride that SpaceX IPO wave.”
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.
Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offering…
A fresh comment from SpaceX President Gwynne Shotwell has reignited speculation about a future Tesla-SpaceX tie-up. It may not be happening soon, but the idea suddenly feels a lot less far-fetched.
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…