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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.

AISpaceIn BriefIPOSpaceXspacex ipo
TechCrunch Jun 16, 2026, 20:11 UTC
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Chinese cybercrime operation that used AI to scam ‘hundreds of thousands of victims’ sued by Google

The tech giant said a group called "Outsider Enterprise" used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a sp…

AISecurityAndroidcybercrimecybersecurityGoogleIn Briefscams
TechCrunch Jun 12, 2026, 20:38 UTC
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Robinhood sees ‘record-breaking’ traffic after SpaceX stock debuts

The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.

SpaceIn BriefRobinhoodSpaceX
TechCrunch Jun 12, 2026, 17:05 UTC
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Alphabet plans to raise $80B to pay for AI buildout

"The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’…

AIAlphabetcomputeGoogleIn Brief
TechCrunch Jun 1, 2026, 22:55 UTC
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After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M

Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining …

AIStartupsVentureAI chipsgroqIn Briefnvidia
TechCrunch May 29, 2026, 17:27 UTC
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SpaceX’s Starlink nabs American Airlines contract, another win for its IPO

American Airlines said Tuesday it plans to install Starlink on more than 500 Airbus aircraft, the latest carrier win for IPO-bound SpaceX.

SpaceTransportationAmerican AirlinesIn BriefIPOSpaceXStarlink
TechCrunch May 26, 2026, 18:48 UTC
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OpenAI barrels toward IPO that may happen in September

A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership, and finances, OpenAI is reportedly back to prepping for its IPO…

AIStartupsElon MuskIn BriefIPOsOpenAIsam altman
TechCrunch May 20, 2026, 17:24 UTC

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