Transportation

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SpaceX seeks federal approval to launch 1 million solar-powered satellite data centers

SpaceX has filed a request with the Federal Communications Commission to launch a constellation of up to 1 million solar-powered satellites that it said will serve as data centers for artificial intelligence. The company’s filing lays out a grandiose vision, not just describing these planned satellites as “the most efficient way to meet the accelerating […]

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SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime

To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.

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Uber is literally in the driver’s seat when it comes to AV bets

Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks.   The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more […]

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Waymo is finally starting passenger trips at SFO — but not to the terminals

Waymo has finally broken through its SFO logjam. The company announced today that it will start offering robotaxi rides to a select group of passengers traveling to and from the San Francisco International Airport, a major step in Waymo’s effort to increase its footprint in the Bay Area. The company plans on gradually growing the […]

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Waymo robotaxi hits a child near a school, causing minor injuries

A Waymo robotaxi struck a child near an elementary school in Santa Monica, California, on January 23rd, causing minor injuries and prompting the National Highway Traffic Safety administration to open an investigation. The incident occurred during normal school drop off hours, with other children, a crossing guard, and several double-parked vehicles in the vicinity, NHTSA […]

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