June 12, 2026

TechCrunch Top 3

SpaceX IPO: 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

Jeff Bezos's Prometheus raises $12B to build an 'artificial general engineer' for the physical world: The new round values the physical AI startup that aims to automate heavy engineering and drug design at $41 billion. Read More

SpaceX officially prices shares at $135 in the largest IPO ever: Wits its official share pricing announcement, SpaceX's IPO has begun. Read More

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Morning Must-Reads

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

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

Theker just raised $85M to build the factory robot that doesn't specialize in anything: Unlike humanoid robots designed around a fixed form — think Boston Dynamics — Theker's machines are built to be reconfigured. Read More

SpaceX SPV investors won't know their true holdings until post-IPO lock-ups lift: After SpaceX makes its public debut, lower-tier SPV investors face hidden fees, lengthy payout delays, and the risk of outright fraud. Read More

Oracle warns of security bug that hackers abused to breach 100+ companies: The tech giant warned of a security flaw that a cybercrime gang said it's exploiting as part of a mass-hacking campaign. Google said it notified more than 100 organizations that had potentially vulnerable servers. Read More

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Last but Not Least

Cheaper, faster, and culturally aware, Avataar's video AI is built for India's scale: Avataar AI's distilled video model is priced at $0.005 for every second of generation Read More

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