funding

Uber's 11.5% stake in Lucid signals confidence in EV partnership, but the automaker faces ongoing profitability challenges and 33% year-to-date losses.

$LCID plunges 67% amid persistent losses, delayed mass-market models. Fresh funding from Uber and Saudi PIF fails to restore investor confidence.

USA Rare Earth accelerates Round Top mine timeline to late 2028, acquires Less Common Metals, and commissions Stillwater magnet facility with $3.5B in secured funding despite widening losses.

SpaceX may file for IPO this week, targeting $75B raise and $1.75T valuation with potential June listing. Over 20% allocation to retail investors considered.

NuScale wins RoPower approval for six-reactor Romanian project, but stock unmoved as funding remains unsecured. Pre-revenue company remains high-risk bet on unproven SMR commercialization.

PartsPulse launches AI platform for parts operations with $3M funding, co-developed with Wabash, targeting fragmented aftermarket industry.

0G Labs launches $20M Apollo Accelerator to fund decentralized AI startups, offering up to $2M per company plus mentorship and cloud credits.

Clene outlines 2026 regulatory milestones for ALS drug CNM-Au8, including FDA meeting, NDA submission, and Phase 3 trial, backed by $28 million funding.