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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…
In a world marred with oppression and strife, one injustice rises above all else: Elon Musk is not currently a trillionaire. When SpaceX went public earlier this month, Musk became the world’s first trillionaire. He declared in a victory lap-slash-speech that he aspires to take all of us to the moon, Mars, and “maybe beyond…
Relativity Space—a rocket maker acquired by former Google executive chair Eric Schmidt last year after stumbling on the path to orbit—might just beat SpaceX to Mars. On Tuesday, NASA said it hired the company to build a spacecraft to house a suite of scientific instruments, launch it into space, and fly it to Mars. The…
Former Sequoia Captial managing partner Roelof Botha is joining SpaceX’s board of directors, less than a week after the company went public in the largest IPO ever. SpaceX announced the appointment in a filing with the Securities and Exchange Commission on Wednesday. It said Botha was appointed “to fill the existing vacancy on the Board”…
SpaceX briefly passed Amazon to become the fifth-most valuable company in the world, and nearly eclipsed Microsoft, before the company’s shares pared back those gains before the market closed Tuesday. The newly public company’s stock had already climbed 20% on Monday — its first full day of trading. Tuesday’s news that SpaceX was acquiring AI…
SpaceX passed Amazon to become the fifth-most valuable company in the world, after its stock price climbed 20% on Monday and more than 8% in early trading Tuesday, bringing its valuation to more than $2.7 trillion. That’s despite Amazon turning a $78 billion profit in 2025 on $717 billion in sales last year, compared to…
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…
For the first time, an Earth observation satellite has found what it was looking for — on its own, without human analysts on the ground. The milestone, which occurred in April, marks the first reported use of a vision-language model in orbit, and offers a glimpse of how AI could fundamentally change what space-based sensors…
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…