DOJ claims xAI’s unpermitted gas turbines are a matter of ‘national, economic, and energy security’
The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.
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AI | Space | Transportation
SpaceX is public: Everything you need to know post-IPO
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.
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SpaceX valuation balloons to $2.6T, briefly passes Amazon
SpaceX’s valuation has increased by $1 trillion since its shares started trading on Friday.
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Roelof Botha joins SpaceX’s board of directors
The former Sequoia Capital leader is filling an “existing vacancy” on SpaceX’s board, days after the company went public in the largest IPO ever.
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NASA picks Eric Schmidt’s rocket company for Mars mission, setting up a race with SpaceX
Relativity Space — a rocket maker acquired by former Google executive chair Eric Schmidt last year after stumbling on the path to orbit — might just beat SpaceX to Mars.
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SpaceX inks compute deal with Reflection AI, an open source AI lab
Reflection AI will pay $150 million a month beginning July 1, 2026 through 2029 for immediate access to Nvidia’s latest GB300 AI chips and supporting hardware across SpaceX’s Colossus 2 data center near Memphis, Tennessee.
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Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg
New details have emerged about Valor’s latest fund, which last year announced it was raising an unspecified amount of capital.
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Elon suffers another day short of trillionaire status
Right now he’s merely a several-hundred-billionaire, according to Bloomberg’s Billionaires Index.
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FTC gives Musk the OK to acquire SpaceX alumni startup Mesh
Mesh came out of stealth in February with a $50 million Series A.
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Meta, like SpaceX, looks to turn excess AI compute into cash
Meta is developing plans for a cloud infrastructure business, selling access to AI compute power and models. The move would pit it against the big cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure.
