Tag Archives: SpaceX

CNBC reports: Elon Musk’s aerospace business SpaceX has ordered one of the larger advertising packages available from Twitter, the social media business he just acquired in a $44 billion deal and where he is now serving as CEO. The campaign will promote the SpaceX-owned and -operated satellite internet service called Starlink on Twitter in Spain and Australia, according to internal …

Bloomberg News reports: Biden administration officials are discussing whether the US should subject some of Elon Musk’s ventures to national security reviews, including the deal for Twitter Inc. and SpaceX’s Starlink satellite network, according to people familiar with the matter. US officials have grown uncomfortable over what they see as his increasingly Russia-friendly stance following a series of tweets that …

The Associated Press reports: Elon Musk has a penchant for the letter “X.” He calls his son with the singer Grimes, whose actual name is a collection of letters and symbols, “X.” He named the company he created to buy Twitter “X Holdings.” His rocket company is, naturally, SpaceX. Now he also apparently intends to morph Twitter into an “everything …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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. …

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 …

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 …

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 …

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 …