The company added a warning to prospective investors that a major dilution could be in the cards after it goes public.
I haven’t seen anything as stupid as the WeWork IPO document in a very long time – that is, until Elon Musk filed to take SpaceX public. WeWork was a joke. SpaceX is a threat. And if Musk and his bankers have their way, you are going to be their bagholder. Lots of the top-line […]
A major Reuters investigation published today reveals that Tesla’s widely touted “Full Self-Driving” safety statistics are built on deeply flawed methodology — and that the company’s own data labelers, the workers who train the AI system, don’t trust t…
Elon Musk is reportedly floating the idea of merging Tesla (TSLA) and SpaceX, just weeks before SpaceX’s massive IPO on the Nasdaq. If it happens, this would literally be the fourth time Musk has orchestrated a billion-dollar transaction between compan…
SpaceX’s recent IPO and Starship rocket test flight delivered two big data points that offer a realistic vision for the coming years — and one that may disappoint both the company’s boosters and its critics.
Elon Musk spent years telling the world that solar power was the obvious answer to Earth’s energy needs — that a small patch of desert could power the entire United States. Now, he’s burning millions of tons of fossil fuels to run an AI chatbot that ha…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Elon Muks’s xAI has gone all in on natural gas, while SpaceX is obsessed with orbital data centers. What happened to the “solar-electric economy” he promised?
The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay packa…
Elon Musk has the largest stake in SpaceX by billions of shares. The other biggest shareholders also have longstanding and deep ties to Musk.