Elon MuskhasmergedSpaceX and xAI,creatingwhat might be the blueprint for a new Silicon Valley power structure. With his$800 billionnet worth already rivaling historic conglomerate GE’s peak market cap,and Musk being vocal about his view that “tech victory is decided by velocity of innovation,” the questionisn’twhether apersonal conglomeratecan be built, but rather how far Musk himself is going to take it.
Today onEquity,we’reunpacking this new era of the “everything” business, whetherwe’llsee others likeSam Altmanfollow suit, and more of the week’s headlines.
Listen to the full episode to hear about:
- Waymo’s new $16B fundingand why Alphabet staying as majority owner matters for an eventual IPO
- Why everyone fromInteltoTeslais trying to breakNvidia’s AI chip dominance
- ElevenLabs’ $11B valuation, and why some investors are doubling — and quadrupling — down as it moves beyond voice AI
- Positron’s $230M beton power-efficient chips as the next frontier
Subscribe to Equity onYouTube,Apple Podcasts,Overcast,Spotifyand all the casts. Youalso canfollow Equity onXandThreads, at @EquityPod.
Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network’s flagship podcast. Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband. Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University.
You can contact or verify outreach from Theresa by emailing [email protected].
Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.
You can contact or verify outreach from Kirsten by emailing [email protected] or via encrypted message at kkorosec.07 on Signal.
Anthony Ha is TechCrunch’s weekend editor. Previously, he worked as a tech reporter at Adweek, a senior editor at VentureBeat, a local government reporter at the Hollister Free Lance, and vice president of content at a VC firm. He lives in New York City.
You can contact or verify outreach from Anthony by emailing [email protected].
Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
You can contact or verify outreach from Sean by emailing [email protected] or via encrypted message at okane.01 on Signal.