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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 makes its public debut on Friday and some investors who backed the company through special purpose vehicles (SPVs) still don’t know how many shares they’re entitled to or whether they’ll get any shares at all. Investing through SPVs, where multiple parties pool their money to invest in a single company, has been around for…
A former engineer at Elon Musk’s xAI has filed suit against the company and its parent SpaceX claiming he was fired for raising concerns about AI safety. Devin Kim, who left xAI in September 2025, filed the suit in a California state court on Tuesday. The complaint comes days before SpaceX is set to join…
Last year, Justin Ernest noticed a massive gap in how venture capital was working: Family offices and smaller institutional investors were eager to invest in the fastest-growing AI companies but couldn’t get access to those cap tables. Having spent over five years at Playground Global investing in deep tech and helping lead fundraising, Ernest was…
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! Senior reporter (and resident battery expert) Tim De Chant traveled to General Motors’ sprawling Warren Technical Center outside Detroit to learn…
NASA briefly had five astronauts aboard the International Space Station shelter in a docked SpaceX Crew Dragon spacecraft on Friday, while their Russian counterparts attempted to repair a leaking service module. NASA spokesperson Bethany Stevens initially wrote in an X post on Friday that Russia’s space agency, Roscosmos, had discovered new leaks in its service…
SpaceX has lined up another compute deal ahead of its historic IPO, this time with Google. The company announced the deal in a regulatory filing on Friday. Under the terms of the deal, Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to “approximately 110,000 NVIDIA GPUs, CPUs,…
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…
SpaceX is headed toward what’s expected to be the largest IPO ever next month, and now it has received a major boost from the Trump administration. On Friday, the U.S. Space Force announced it’s giving SpaceX $4.16 billion as part of a contract to build satellites that will be part of a missile and air…
American Airlines said Tuesday it plans to install Starlink on more than 500 narrow-body Airbus aircraft beginning early next year, the latest carrier to pick the SpaceX unit for inflight Wi-Fi service. The deal provides more than just financial lift for Starlink, the satellite communications network and the only SpaceX business unit that generates meaningful…