SpaceX had the largest stock-market debut in history when it went public on June 12. The company raised $75 billion in the initial public offering and ended its first day on the public markets with a market capitalization of around $2.2 trillion. The IPO turned SpaceX founder Elon Musk into the world’s first trillionaire.
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10 storiesA SpaceX-Tesla merger seems inevitable.
The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.
A new report suggests the unit, which employs 6,500 people, is on the verge of revolt.
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.
Anthropic isn't hiding its frustration. "We disagree that the finding of a narrow potential jailbreak should be cause for recalling a commercial model deployed to hundreds of millions of people," the company wrote in a blog post.
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.
Andrew Yang made a list of everything Americans overpay for — housing, food, wireless — and thinks the next startup gold rush is giving that money back.
TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.
The tech giant said a group called "Outsider Enterprise" used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a span of two weeks.
The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]