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SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and, of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compared to its initial public offering. Everyone seemed…
SpaceX went public this week in the largest IPO ever, making CEO Elon Musk the world’s first trillionaire. Despite its name, SpaceX has been emphasizing the potential of its costly AI business, and competitors OpenAI and Anthropic may soon follow with their own public market debuts. So on the latest episode of TechCrunch’s Equity podcast,…
Elon Musk is now the world’s first trillionaire after SpaceX’s public markets debut on Friday, according to Bloomberg News. The SpaceX founder and CEO owned roughly $860 billion worth of the rocket company’s stock after it was priced at $135 per share just ahead of the IPO. Combined with his stake in Tesla, and the…
All eyes are on the SpaceX IPO — the world’s largest in history — and its CEO Elon Musk. But lest you forget, there is another publicly traded company in the Musk universe that many believe will someday merge with SpaceX. We’re talking about Tesla, which has a current market cap of about $1.52 trillion….
SpaceX lifted off on its first day as a public company, immediately jumping to $150 a share after it began trading on the Nasdaq, around 11% higher than the $135 figure at which it officially priced its IPO on Thursday. The stock price reached as high as $176 in midday trading, pushing the company’s market…
SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compares to this initial public offering. Everyone seems…
SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compares to this initial public offering. Everyone seems…
For once, SpaceX is ahead of schedule: Elon Musk’s space and AI conglomerate officially confirmed that it has raised $75 billion from the sale of its shares to its underwriters, who are set to begin marketing the company on the Nasdaq stock exchange Friday. SpaceX priced its 555.6 million shares at $135 each, the company…
SpaceX is warning investors that it may dole out “significant equity” in “future transactions” following its upcoming IPO — language that was added amid constant industry gossip that CEO Elon Musk ultimately plans to merge his space-and-AI company with Tesla. The new language was tucked deep in the risk factors section of SpaceX’s first official…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Robotaxis are here! And yet, they’re not. That contradiction neatly captures Waymo’s current reality. Anyone walking around San Francisco could reasonably…