SpaceX in talks to raise new funding at $400B valuation
SpaceX is in talks to raise fresh capital at a $400 billion valuation.
Former SpaceX manager alleges harassment, retaliation, and security violations in lawsuit
SpaceX is facing another lawsuit alleging discrimination, sexual harassment, and retaliation.
Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Congress just greenlit a NASA moon plan opposed by Musk and Isaacman
Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which…
xAI raises $10B in debt and equity
Elon Musk’s AI company, xAI, has raised $5 billion in debt and $5 billion in equity, Morgan Stanley said on Monday.
Tesla sends driverless Model Y from factory to customer to promote its robotaxi tech
The car traveled around 15 miles on highways, surface streets, and even a roundabout. But many questions remain about the stunt.
SpaceX’s Starbase city officials silent on crane collapse
A crane collapsed at SpaceX’s South Texas rocket facility this week, and the company’s newly-formed city won’t say if anyone was hurt. On June 23, a crane being used to clean up debris from the…
Elon Musk reportedly fires Tesla’s top sales exec
Omead Afshar, one of Musk’s top lieutenants, is out after more than seven years at the company. He was recently elevated to a VP role in late 2024.
Jeff Bezos is reportedly courting Trump after public spat with Musk
Bezos allegedly sees an opening for his space company, Blue Origin, now that Musk has been diminished in the eyes of the President.
Elon Musk’s xAI is reportedly seeking a $4.3B equity raise
Elon Musk’s xAI company is looking to raise $4.3 billion in equity funding, adding onto the $5 billion it’s seeking in debt funding.