TopTechTrends

Carta’s valuation to be cut by billions in an upcoming secondary sale

June 7, 2024

Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the offering […]

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Boeing’s Starliner overcomes leaks and engine trouble to dock with ‘the big city in the sky’

June 6, 2024

Boeing’s Starliner spacecraft has successfully delivered two astronauts to the International Space Station, a key milestone in the aerospace giant’s quest to certify the capsule for regular crewed missions.  Starliner safely docked at 10:34 AM Pacific Time. After taking some time to equalize pressure between Starliner and the station, the hatch opened at around 12:46 […]

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Rivian’s path to survival is now remarkably clear

June 6, 2024

Rivian needs to sell its new revamped vehicles at a profit in order to sustain itself long enough to get to the cheaper mass market R2 SUV on the road.

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