TechCrunch Mobility: A robotaxi ultimatum

TechCrunch Mobility: A robotaxi ultimatum

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am back from vacation. What did I miss? Turns out, quite a lot — including…

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China is catching up to Elon Musk’s reusable rockets

China is catching up to Elon Musk’s reusable rockets

China’s state-owned space company successfully launched a Long March orbital rocket and landed the booster on a seagoing recovery vessel, making it the second country to achieve the feat. The demonstration on Friday shows that China’s Aerospace Science and Technology Corporation (CASC) is poised to match the advance that catapulted SpaceX to the top of…

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Despite ‘misgivings,’ judge approves Elon Musk’s .5M SEC settlement

Despite ‘misgivings,’ judge approves Elon Musk’s $1.5M SEC settlement

A judge has approved a $1.5 million penalty levied against Elon Musk that will settle a U.S. Securities and Exchange Commission lawsuit despite having “significant misgivings” about it. U.S. District Judge Sparkle Sooknanan noted that her court would accept the settlement, Bloomberg reported Wednesday, which cited her court opinion. Sooknanan’s approval settles a lawsuit filed by…

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FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review. Mesh Optical came out…

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