Tag Archives: SpaceX

Musk Sued For $258B For Alleged “Dogecoin Scheme”

The Hill reports: A cryptocurrency investor has sued Elon Musk for $258 billion, saying the Tesla co-founder ran a pyramid scheme via Dogecoin. The lawsuit filed by plaintiff Keith Johnson in New York, has accused Musk and his companies, Tesla and Space X, of running a “pyramid scheme” to inflate the price of the cryptocurrency. The lawsuit added that, “Defendants …

Read More »

SpaceX Fires Workers Behind Letter Critical Of Musk

The New York Times reports: SpaceX, the private rocket company, on Thursday fired employees who helped write and distribute an open letter criticizing the behavior of chief executive Elon Musk, said three employees with knowledge of the situation. Some SpaceX employees began circulating the letter, which denounced Mr. Musk’s activity on Twitter, on Wednesday. The letter called the billionaire’s public …

Read More »

SpaceX Workers Condemn Musk’s Behavior In Letter

The Verge reports: An open letter to SpaceX decrying CEO Elon Musk’s recent behavior has sparked open discussion among the company’s employees in an internal chat system. Employees are being encouraged to sign onto the letter’s suggestions, either publicly or anonymously, with a signed version of the letter to be delivered to the desk of SpaceX president Gwynne Shotwell. The …

Read More »

Elon Musk Issues Public Call “Hardcore” Litigators

The Insider reports: Elon Musk said he’s building a “hardcore litigation department” at Tesla that will report directly to him. He tweeted Friday that Tesla is building a team that would “seek victory in a just case against us, even if we will probably win.” He added that the team would “never surrender/settle an unjust case against us, even if …

Read More »

Musk Challenges Accuser To Describe His Naked Body

The Daily Beast reports: Elon Musk responded to a bombshell allegation that he exposed himself to a flight attendant by daring the woman to describe something on his body that has not been made public. “She won’t be able to do so, because it never happened,” Musk tweeted in reply to a supporter early Friday. Hours before the Insider report …

Read More »

Elon Musk Calls Sex Payoff Report “Utterly Untrue”

The Hill reports: SpaceX and Tesla CEO Elon Musk late Thursday apparently responded to an article from Business Insider that says Musk was accused of sexually propositioning a SpaceX flight attendant, calling the claims not true. Musk on Thursday failed to cite the report, but tweeted “for the record, those wild accusations are utterly untrue.” “The attacks against me should …

Read More »

REPORT: Musk Paid Off Sexual Misconduct Accuser

The Insider reports: SpaceX, the aerospace firm founded by Elon Musk, the world’s wealthiest man, paid a flight attendant $250,000 to settle a sexual misconduct claim against Musk in 2018, Insider has learned. The attendant worked as a member of the cabin crew on a contract basis for SpaceX’s corporate jet fleet. She accused Musk of exposing his erect penis …

Read More »

Musk Claims He’ll Pay Over $11B In Taxes This Year

The Verge reports: Elon Musk expects to pay over $11 billion in taxes in 2021, the Tesla CEO said in a tweet. The figure is roughly in line with a report from CNBC last week, when it estimated that Musk has already paid $7 billion in state and federal taxes this year, and will pay a further $5 billion by …

Read More »

Musk Named Time Magazine’s Person Of The Year

Time Magazine reports: This is the man who aspires to save our planet and get us a new one to inhabit: clown, genius, edgelord, visionary, industrialist, showman, cad; a madcap hybrid of Thomas Edison, P.T. Barnum, Andrew Carnegie and Watchmen’s Doctor Manhattan, the brooding, blue-skinned man-god who invents electric cars and moves to Mars. His startup rocket company, SpaceX, has …

Read More »

NASA Craft Will Test Deflecting Of Asteroids [VIDEO]

Axios reports: SpaceX is set to launch a NASA spacecraft on a mission to learn how to change the course of an asteroid in deep space. The mission — called the Double Asteroid Redirection Test (DART) — will test the technology needed to redirect a dangerous asteroid if one is ever found on course with Earth. Once in space, DART …

Read More »

Elon Musk Sells $5B In Tesla Stock After Twitter Poll

CNBC reports: Tesla CEO Elon Musk sold nearly $5 billion in Tesla stock, according to financial filings out Wednesday evening. He still holds more than 166 million shares. Musk sold these shares in part to satisfy tax obligations related to an exercise of stock options. Before that sale plan was made public, Musk asked his 62.5 million Twitter followers to …

Read More »

Musk Polls Twitter On Selling Tesla Stock To Pay Taxes

Forbes reports: SpaceX and Tesla CEO Elon Musk just launched a Twitter poll that is literally worth over $25 billion. Musk, who doesn’t take a significant salary and whose wealth is therefore protected from taxation as his companies’ valuations grow, is asking his Twitter followers if he should sell Tesla stock in order to pay tax. This is no idle …

Read More »

Elon Musk Becomes World’s First Person Worth $300B+

CBS News reports: Elon Musk’s net worth has surpassed $300 billion, making him the first person on the planet to reach that milestone. It also means the Tesla chief executive is worth tens of billions more than the second-richest person on earth, Amazon.com founder Jeff Bezos. Musk was worth $302 billion as of Thursday, according to the Bloomberg Billionaires Index. …

Read More »

Musk Attacks Plan For Higher Taxes On Billionaires

The Hill reports: Tesla and SpaceX CEO Elon Musk ripped the Democratic proposal for an annual tax on billionaires’ investment gains on Monday, as lawmakers consider the tax as a way to fund the party’s multi-trillion dollar reconciliation package. Musk, who as of Monday had the highest net worth on Forbes’ list of billionaires, replied to a tweet featuring a …

Read More »

Musk Mocks Bezos For Having Fewer Billions Than Him

The New York Post reports: Elon Musk has come through on his promise to send Jeff Bezos a silver medal now that the Tesla CEO has surpassed the Amazon founder to become the world’s richest person. Musk couldn’t help himself from chiming in on Twitter after Bezos posted a message about overcoming adversity. Shortly after midnight, Musk responded with a …

Read More »

Musk Mocks “Sleeping” Biden For Not Praising Him

CNBC reports: After SpaceX completed a historic, private spaceflight on Saturday, CEO Elon Musk took a pot shot at President Joe Biden who had yet to remark on the company’s and the civilian flight crew’s accomplishments. One of Musk’s 60 million followers on the social networking platform Twitter asked him, “The President of the United States has refused to even …

Read More »

LIVE VIDEO: SpaceX Launches First All-Tourist Crew

The Verge reports: SpaceX is set to launch the first fully private crew of passengers to orbit on Wednesday. The Inspiration4 crew, three ordinary people and a billionaire philanthropist who’s funding the mission, will board SpaceX’s Crew Dragon capsule on Wednesday afternoon and lift off at 8:02PM ET atop a Falcon 9 rocket, speeding toward an orbit 360 miles above …

Read More »

Liquid Oxygen Shortage Could Delay Space Launches

The Verge reports: Demand for oxygen to treat COVID-19 patients is spiking during the latest pandemic surge, leaving liquid oxygen in short supply for other uses, including water purification and rocket launches. As supplies get redirected to hospitals, other industries are scrambling to figure out alternatives. “We’re actually going to be impacted this year with the lack of liquid oxygen …

Read More »

SpaceX Lands Contract For NASA Mission To Europa

Reuters reports: Elon Musk’s private rocket company SpaceX was awarded a $178 million launch services contract for NASA’s first mission focusing on Jupiter’s icy moon Europa and whether it may host conditions suitable for life, the space agency said on Friday. The Europa Clipper mission is due for blastoff in October 2024 on a Falcon Heavy rocket owned by Musk’s …

Read More »

Elon Musk Earns Mixed Reviews As SNL Host [VIDEO]

Axios reports: Elon Musk marked his “Saturday Night Live” hosting debut by making a series of self-deprecating jokes and addressing controversy he’s attracted over the years over his behavior and Twitter posts. “To anyone I’ve offended, I just want to say, I reinvented electric cars and I’m sending people to Mars in a rocket ship,” the SpaceX owner and Tesla …

Read More »