June 12, 2026

TechCrunch Top 3

SpaceX IPO: Live updates on everything you need to know: 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. Read More

SpaceX IPO closes up 19% and delivers the world's first trillionaire: The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price. Read More

US surveillance law to expire for first time after lawmakers reject Trump's controversial pick to lead spy agencies: The spy law known as Section 702, which authorizes the NSA and FBI's warrantless surveillance, will all but certainly expire on Friday for the first time. Read More

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Afternoon Must-Reads

Google sues alleged Chinese cybercrime operation that used AI to send scam texts: 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 span of two weeks. Read More

SpaceX president Gwynne Shotwell just gave another hint at a Tesla merger: A SpaceX-Tesla merger seems inevitable. Read More

Elon Musk becomes the world's first trillionaire after SpaceX's historic IPO: The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever. Read More

Equal AI raises $30M to screen calls so Indians don't have to: Equal AI said that its AI-powered call assistant now has over a million monthly active users. Read More

Robinhood sees 'record-breaking' traffic after SpaceX stock debuts: The trading platform says some customers experienced intermittent disruptions, but those issues have resolved. Read More

Last but Not Least

Mistral is rumored to be raising €3B at €20B valuation: The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion. Read More