Despite ‘misgivings,’ judge approves Elon Musk’s $1.5M SEC settlement
The saga of Musk's tussle with the SEC over how he disclosed his growing stake in Twitter (now X) has come to an end.
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The saga of Musk's tussle with the SEC over how he disclosed his growing stake in Twitter (now X) has come to an end.
More young girls sue X over Grok CSAM; X accused of shielding child predators.
Elon Musk's tech company released the newest version of Grok on Wednesday, promising a cheaper, more efficient alternative to other powerful AI models.
Elon Musk says a report about a SpaceX AI phone prototype is "utterly false." The report, published on Wednesday by The Wall Street Journal, says SpaceX showed off a "handset-like prototype" to some investors before launching its record-breaking initial public offering in June. The device was "slimmer than an iPhone," and they were told it […]
SpaceX reportedly showed investors a "handset-like" AI device before going public. It could be another signal SpaceX wants to expand into wireless.
Sources suggest Musk may be mulling big donation to Trump Accounts.
Watching Elon Musk fulminate at Bill Savitt during Musk v. Altman - the case in which Musk sued Sam Altman and OpenAI instead of seeing a therapist about his AI failures - was a bit like watching a toddler have a temper tantrum at his nursery school teacher. Savitt's questions were "designed to trick me," […]
Nine major suspected cargo thefts happened at Tesla’s Nevada battery factory in January alone, according to sheriff’s records obtained by WIRED.
Mesh came out of stealth in February with a $50 million Series A.
FCC refuses to provide messages, has "wasted a year" of court's time, filing says.
Nine jurors. Two hours of deliberation. Twenty-six claims at the original federal complaint's peak. Three surviving claims at trial. Zero claims surviving the verdict. One hundred fifty billion dollars of maximum disgorgement exposure if the verdict had gone the other way. One hundred thirty billion dollars of OpenAI Foundation equity stake under the October 28, 2025 recapitalization. Thirty-eight million dollars of total Musk contributions per his sworn trial testimony. Forty-four million per the legal complaint. Eight years from the January 2, 2016 Sutskever-Musk "less open / Yup" email exchange to the August 2024 federal filing date. Three years of statute-of-limitations runway on the breach-of-charitable-trust claim; two years on the unjust-enrichment claim. The verdict in Musk v. Altman came in this morning at the federal courthouse on Clay Street in Oakland, before Judge Yvonne Gonzalez Rogers in the Northern District of California. The companion piece, The Calendar Technicality , makes the doctrinal argument that the procedural dismissal is the substantive determination California charitable-trust law would have produced on the merits as well. This piece takes the same conclusion through the numbers. The dollar-and-time math closed the merits door before the doctrinal door even came into view. Two hours, in context Federal-court civil-trial deliberations on complex commercial cases typically run between one and five days. The Administrative Office of the U.S. Courts' annual judicial-business reports show median civil-jury deliberation in the multi-day range for cases with three or more issues to resolve and dollar exposure above one billion. The two-hour deliberation in Musk v. Altman is roughly one to two standard deviations below the median for cases of this complexity. The brevity is not a function of jury inattention. The trial ran three weeks. Roughly four hours of testimony came from Altman alone on May 12, with cross-examination opening with Musk's lea
Right now he's merely a several-hundred-billionaire, according to Bloomberg's Billionaires Index.
New details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital.
At 9PM ET on the night of May 28th, a Blue Origin New Glenn rocket sat on the launchpad at the Cape Canaveral Space Force Station. The craft was in the middle of a hot-fire test awaiting the arrival of Amazon Leo satellites, the first of 24 batches to be shuttled into low Earth orbit […]
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.
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 a bid to dismiss a lawsuit over xAI’s polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.
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.
SpaceX's IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.