Hm! | Photo: Kristen Radtke / The Verge; Getty Images
Elon Musk's SpaceX IPO will probably make him the richest person to ever walk the planet. And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk's actions directly led to the deaths of hundreds of thousands of people. He did it knowingly. And, worse - gleefully.
This is not a serious person, but his abuse of the world is deadly serious. In the first months of President Donald Trump's second term, the Musk-led Department of Government Efficiency (DOGE) destroyed the US Agency for International Development, whose mission was a boon to public health around the globe. M …
The blockbuster stock market debut of Elon Musk’s rocket company paves the way for a wave of enormous offerings that are coming from OpenAI and Anthropic.
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 world. But let's try to comprehend it anyway.
The most frequently cited comparison is time. If you were to count out a million seconds, it would take you 11 and a half days. A billion seconds would take you 31.7 years. But a trillion seconds would take 31,700 years - to reach that point today, you would have needed to start counting in the Pa …
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 raised enough money to make Elon Musk the first trillionaire.
He has more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home country of South Africa (CNN cites the International Monetary Fund saying only 20 countries have economies larger than $1.1 trillion), now linked to the promise of a business based on launching AI datacenters into space.
SpaceX n'a pas toujours été l'empire industriel dirigé par un militant d'extrême-droite mégalo que l'on connaît aujourd'hui. Avant d'atteindre les sommets dans le domaine de l'aérospatial, l'entreprise avait commencé comme beaucoup d'autres.
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.
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 for many reasons: SpaceX is hoping to raise $75 billion under the ticker symbol SPCX, which would make it the largest public offering in history. The company is controlled by Musk, who also runs Tesla, another trillion-dollar company. The IPO is expected to make Musk, who is set to control 85 percent of the voti …
A empresa espacial de Elon Musk fixou o preço a 135 dólares por ação, numa avaliação de 1,77 biliões de dólares que "pulveriza" todos os recordes anteriores. As ações da SPCX estreiam-se hoje às 14:30 (hora de Portugal continental) no Nasdaq.
Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.
Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.
Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
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