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      Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

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elon musk

  • Elon Musk reveals plans to connect human brains to computers

    July 17, 2019

    Billionaire Elon Musk yesterday revealed plans to develop technology to allow human brains to connect with computers.  Secretive “brain-machine interface” firm Neuralink was founded in 2017 to fight the “existential threat” of artificial intelligence developing further than humans.  Read more: Tesla boss Elon Musk rebrands on Twitter as Daddy Dotcom At an event in California [...]

  • Tesla shares rally as firm makes record number of deliveries

    July 3, 2019

    Tesla shares rallied today after the tech company announced it delivered a record number of electric cars in the second quarter.  Elon Musk’s firm delivered 95,200 cars in the period, sending shares up 6.4 per cent to $238.92, the highest price in almost two months.  Read more: Tesla boss Elon Musk rebrands on Twitter as [...]

  • Space X launches Falcon Heavy rocket in ‘most difficult’ mission yet

    June 25, 2019

    Space X last night launched its Falcon Heavy rocket carrying 24 experimental satellites in what boss Elon Musk said was the “most difficult” launch his firm has attempted. Read more: Space X explosion will delay astronaut plans, Nasa official says Lift off took place at around 2.30am local time from Kennedy Space Centre in Florida [...]

  • Elon Musk’s SpaceX has raised more than $1bn in last six months

    May 25, 2019

    SpaceX has raised more than $1bn (£786m) in financing over the last six months, including $535.7m in an offering that began in April, its regulatory filings on Friday showed.  Elon Musk's company is aiming to roll out a high-speed internet service by using a number of satellites in space.  Read more: Elon Musk's Space X [...]

  • With rail closures planned this weekend, here’s how we should revamp our chugging transport system

    May 24, 2019

    This week, consumer watchdog Which revealed that rail passengers lost four million hours to train delays last year, with an average of 660 cancellations per day. It’s hardly surprising. Any regular commuter will have experienced a delay, cancellation or disruption recently – perhaps you’re experiencing one right now, in fact. Read more: Nearly 4m hours [...]

  • Elon Musk’s Space X launches 60 satellites for Starlink internet project

    May 24, 2019

    Elon Musks’s Space X, the private aerospace company, has launched 60 small satellites into orbit today, marking a major step for the billionaire entrepreneur’s space-based internet system Starlink. Read more: Elon Musk says Tesla will launch a fleet of robotaxis in 2020 A Space X Falcon 9 rocket carrying the satellites, which each weigh about 230kg [...]

  • Tesla CEO Elon Musk faces trial over British diver ‘pedo’ tweet

    May 13, 2019

    Elon Musk is set to face trial after calling a diver who helped rescue the Thai schoolboys trapped in a cave a ‘pedo’ in a tweet. Vern Unsworth is suing Tesla founder Musk after the billionaire called him a “pedo guy” on Twitter. Read more: Why Elon Musk now owes $507m to banks The Brit [...]

  • Amazon founder Jeff Bezos unveils plans to send a Blue Origin rocket to the moon by 2024

    May 10, 2019

    Amazon owner Jeff Bezos has unveiled plans to send a spaceship to the moon by 2024 in his latest attempts to become a leader in space exploration. An unmanned rocked, called Blue Moon, will be around the size of a house, and carry four rovers and other scientific equipment to the moon, he said. Bezos, who [...]

  • Tesla closes $2.7bn offering as it raises cash to fuel expansion plans

    May 8, 2019

    Electric car company Tesla said today it had closed its $2.7bn (£2.08bn) offering of stock and convertible notes in an offering it said was oversubscribed. The fundraise gives Tesla some much needed cash as it tries to boost production. Tesla sold about $1.84bn in debt and $860m shares, with underwriters exercising their option to buy [...]

  • Revealed: Elon Musk’s half-a-billion dollar debt to banks helping Tesla fundraise

    May 3, 2019

    Tesla boss Elon Musk personally owes $507m (£389m) to the Wall Street banks helping the electric car firm raise up to $2.3bn, it emerged yesterday. Read more: Tesla looks to strengthen with $2.3bn fundraising round The lending was disclosed in a Tesla prospectus for the fundraising, and showed the debt to be $117m less than [...]

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