Elon Musk moves to take SpaceX public for $1.75 trillion
Digest more
Elon Musk said Tuesday that being an outsider to both aerospace and auto manufacturing was precisely what allowed SpaceX and Tesla Inc. to do what established rivals had not. Musk Says Outsider Status Drove Breakthroughs In a post on X,
On the latest episode of TechCrunch’s Equity podcast, we debated Elon Musk's vision for data centers in space.
In a recent post, Elon Musk linked a SpaceX milestone to Neuralink goals, expressing confidence in restoring hearing via direct stimulation of the auditory cortex-similar to the
SpaceX confidentially submitted a filing to the Securities and Exchange Commission on April 1 with purported plans to launch data center satellites into space, Reuters reported. On April 1, Bloomberg reported on SpaceX's confidential SEC filing,
Not only is SpaceX a one-of-a-kind company, but its debut on the public market will do two things that are rarely seen before in an IPO. One could be a big deal for retail investors.
AI lost Ross Nordeen, its final non-Musk cofounder, this month. What does the turnover mean for the startup's looming IPO with SpaceX?
The additional investment would help prevent any dilution of the sovereign wealth fund’s stake in SpaceX when the company goes public, Reuters reported, citing sources familiar with the matter.
That's not an exaggeration. With Musk's aerospace company SpaceX officially purchasing Musk's AI company xAI for $1.25 trillion, the markets are bracing for an impending SpaceX IPO, which is expected to value the company at $1.75 trillion, making it the biggest IPO in history.