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Elon Musk is now officially the world's first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our […]
The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.
The company made its heavily-anticipated debut on Friday, trading higher than its initial $135 IPO price.
SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and is raising enough money to likely make Elon Musk the first trillionaire. He’ll have more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home […]
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.
SpaceX is now a publicly traded company. In one of the most highly anticipated and controversial public offerings of all time, the rocket venture helmed by Elon Musk started trading on Nasdaq on June 12th at the take-it-or-leave-it price of $135-per-share - though most retail investors will likely pay far more. The IPO is historic […]
After Elon Musk and Tommy Robinson stoked anger over a horrific knife attack in Belfast, a youth group linked to a global neo-Nazi movement quietly orchestrated anti-immigrant riots.
The company has set aside an unusually high number of shares for retail investors. Still, experts say, you’re just getting the crumbs.
Activists raised a 40-foot-tall inflatable Elon Musk in Manhattan to draw attention to the risk he allegedly poses to investors.
Wits its official share pricing announcement, SpaceX's IPO has begun.
Elon Musk, on the verge of becoming the world's first trillionaire, is whipping up anti-immigration tensions amid ongoing riots in Belfast, Northern Ireland. Following a knife attack in the city on Monday, Musk declared support for Restore Britain, a hard-right populist political party that advocates for large-scale migrant deportation in the UK. He reposted statements […]
Elon Musk is set to make hundreds of billions even as communities in Mississippi and Tennessee are fighting to stop the gas turbines powering xAI's supercomputers.
Former DOGE members and Elon Musk allies are backing a startup aimed at using AI to apply "learnings" from DOGE to the private sector.
Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX […]
Influential figures, including Nick Fuentes, have been accused of “hijacking” the murder of Henry Nowak to push a racist agenda.
A federal IT staffer filed a complaint about DOGE, then went public. Shortly after Elon Musk boosted a post calling his claims false, his brake lines were cut. Now he’s suing for defamation.
The company says it needs "significant" water resources to cool its data centers, and that access to abundant, affordable water is a challenge.
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 […]
SpaceX already generated one-fifth of its 2025 revenue from government contracts, the company revealed in its IPO filing.