Elon Musk
Andreessen Horowitz-backed startup takes on mass producing spacecraft
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has already won backing from high-profile venture capital. Los Angeles-based Apex Space, led by co-founders Ian Cinnamon and Max Benassi, wants to better […]
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The major space players and diverging strategies in the race to connect your smartphone via satellites
The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier this year. The potential untapped market — which hinges on, but extends beyond, sending a text via space — is spurring a tale of two […]
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Elon Musk says a global economic downturn could past until finally the spring of 2024
Tesla Inc CEO Elon Musk attends the Globe Synthetic Intelligence Convention (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla founder and CEO Elon Musk thinks the world-wide financial decrease can previous for yet another yr and a 50 %. In a Twitter exchange early Friday early morning Japanese time, the mercurial […]
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Ark Invest’s Cathie Wood scoops up $13.7 million in Tesla shares after sell-off
Cathie Wood’s Ark Invest bought the dip in Tesla shares on Thursday after her beloved EV player sold off on a quarterly revenue miss . The innovation-focused investor added 66,190 shares of Elon Musk’s company for her flagship Ark Innovation ETF (ARKK) fund, according to Ark’s daily trading data. The purchase cost more than $13.7 […]
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Tesla shares slide soon after Q3 income overlook, Bernstein says earnings call ‘didn’t sit nicely with us’
Tesla CEO Elon Musk is attempting to purchase Twitter and deal with various companies at the exact same time. James Glover II | Reuters Shares of Tesla slid about 6% Thursday early morning as buyers digested the company’s third-quarter earnings report from Wednesday night. Tesla documented earnings of $1.05 per share, beating anticipations of 99 […]
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Musk states Tesla expects to fulfill Inflation Reduction Act needs for new tax credits on EVs
A Tesla electric powered auto at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Visuals Tesla CEO Elon Musk mentioned all through the firm’s Q3 earnings contact on Tuesday night that the firm expects to completely meet up with the Inflation Reduction Act necessities that would […]
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Elon Musk states Tesla is ‘pedal to the metal’ even with possible economic downturn looming
SpaceX Chief Engineer Elon Musk takes aspect in a joint news meeting with T-Cellular CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. Adrees Latif | Reuters Elon Musk sees aspects of a economic downturn in China and Europe and claims that the U.S. Federal Reserve is boosting […]
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Tesla is established to report earnings just after the bell
Tesla CEO Elon Musk speaks at an occasion in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Tesla is envisioned to report third-quarter earnings for 2022 immediately after the bell on Wednesday. CEO Elon Musk does not converse on each earnings call, but programs to do so on Wednesday he reported on Twitter. […]
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SpaceX rolls out Starlink aviation product for satellite internet to private jets
One of the company’s flat aviation-specific Starlink antennas is seen on top of an aircraft. SpaceX SpaceX rolled out aviation-specific Starlink satellite internet service on Tuesday, with Elon Musk’s company looking to expand further into the inflight WiFi market. The company is charging $150,000 for the hardware needed to connect a jet to Starlink, with […]
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