Tag: Autos
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SpaceX gets assist from DOJ in effort to toss NAACP air pollution lawsuit
The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk’s xAI, now owned by SpaceX.
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Rivian laying off hundreds of workers amid R2 launch
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
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General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
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Self-driving tech supplier Mobileye targets U.S. robotaxi launch in 2027
Self-driving technology supplier Mobileye Global announced it would launch its own robotaxi service Tuesday.
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Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis’ Chrysler, Dodge, Jeep and Ram brands.
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Elon Musk drifted from Larry Page over a decade ago, but their companies are closer than ever
SpaceX and Google have a long and complicated relationship, but they were both celebrating this week after Elon Musk’s company held its blockbuster IPO.
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From 10% chance of success to $2 trillion market cap: SpaceX’s historic IPO
After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech’s megacaps.
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Rivian CEO taking different approach than Elon Musk for humanoid robotics company
Rivian CEO RJ Scaringe started a robotics company late last year called Mind Robotics that he says has has raised more than $1 billion.
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SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors
Gwynne Shotwell, long Elon Musk’s second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company’s highly anticipated IPO.
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SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits
SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.
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