SpaceX slips below its $135 IPO price ahead of Starship launch
The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.
Lucid Motors denies report it’s considering bankruptcy
The company said the “rumors are completely false” after its stock sank more than 50% on a report that it was weighing the option.
SpaceX cleared to fly Starship again after booster failure in May
This will be the first Starship test flight for SpaceX as a public company, testing the market’s appetite for the company’s “fly, fail, fix” approach to rocket development, which often ends in fireballs.
This startup pits dealerships against each other to bid on your used car
Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors.
Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.
Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.
Tesla saw a massive sales jump in the second quarter
The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.
Rivian raises EV sales forecast as Q2 production ramps up
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.
Lime begins life as a public company after years of uncertainty
The nine-year-old scooter and bike-share company has said it needs the funds to help pay down around $1 billion in liabilities.
Blue Origin still doesn’t know why its New Glenn rocket blew up last month
But the company is still claiming that New Glenn will return to flight this year.