Elon Musk

SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX
Travel

SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX

SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter JSX, as Elon Musk’s company moves into the in-flight Wi-Fi market. CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX has 77 30-seat Embraer […]

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Cathie Wood’s Ark Invest sees Tesla stock soaring over 350% by 2026, touts Elon Musk’s robotaxis
Business

Cathie Wood’s Ark Invest sees Tesla stock soaring over 350% by 2026, touts Elon Musk’s robotaxis

Cathie Wood’s Ark Invest remains a believer in Tesla, projecting shares of the electric vehicle maker will reach $4,600 apiece in 2026. Source

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5 things to know before the stock market opens Thursday
Business

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after back-to-back Dow gains Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images […]

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Elon Musk’s tunnel-making venture Boring Company hits .7 billion valuation
Technology

Elon Musk’s tunnel-making venture Boring Company hits $5.7 billion valuation

HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in […]

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Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022
Technology

Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose 8.5% annually in March to […]

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Tesla reports first-quarter earnings after the bell on Wednesday
Technology

Tesla reports first-quarter earnings after the bell on Wednesday

Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street is expecting, according to […]

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Options traders bet on big post-earnings gains for Tesla
Technology

Options traders bet on big post-earnings gains for Tesla

Options traders are making a ton of noise in Tesla’s stock as the company gears up to report earnings after the bell Wednesday. The electric vehicle manufacturer headed up by Elon Musk — who continues to make a lot of noise himself — has struggled so far this year, but the options market is betting […]

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‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’
Technology

‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’

Tesla can continue executing on its plans even if Elon Musk ends up buying Twitter, Jefferies autos analyst Philippe Houchois says. Source

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What is ‘Web3’? Here’s the vision for the future of the internet from the man who coined the phrase
Technology

What is ‘Web3’? Here’s the vision for the future of the internet from the man who coined the phrase

Computer scientist Gavin Wood coined the term “Web 3.0” in 2014, laying out his vision for the future of the internet. The phrase, also shortened to “Web3,” has become an internet buzzword recently with high-profile technologists, including Twitter founder Jack Dorsey and Tesla CEO Elon Musk, debating the meaning of the term. Wood, who is […]

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National Urban League urges Twitter to reject Elon Musk’s bid over civil rights concerns
Technology

National Urban League urges Twitter to reject Elon Musk’s bid over civil rights concerns

National Urban League President and CEO Marc Morial. Getty Images Twitter’s board of directors should consider rejecting Elon Musk’s bid for the social media company because of the harm his ownership could have on users’ civil rights, said Marc Morial, president of the National Urban League. In a letter on Monday to Twitter Chairman Bret […]

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