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      Musk plans 30 per cent retail slice in SpaceX IPO

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elon musk

  • SpaceX delays rocket launch again

    December 2, 2018

    Elon Musk's SpaceX pushed a satellite launch back a day to Monday, Pacific standard time, after saying more inspections were needed on the Falcon 9 rocket. The company announced the third rescheduling on Twitter less than 12 hours before launch at the Vandendberg Air Force Base in California.  SpaceX said it needed to “conduct additional inspections [...]

  • Elon Musk abandons second LA hyperloop tunnel, opting for another instead

    November 29, 2018

    Billionaire entrepreneur Elon Musk has ducked out of plans to build a second high-speed passenger train tunnel in Los Angeles, after litigation forced his firm The Boring Company to back down from the project. Musk had plans to build the 2.7 mile-long Sepulveda tunnel on the western side of LA, however has since ditched development after [...]

  • Musk says employees should work 80 to 100 hours a week if they want to ‘change the world’

    November 27, 2018

    Entrepreneur and Tesla billionaire Elon Musk has said people need to work around 80 hours a week, up to above 100 hours at peak times, if they want to succeed in business. Responding to the news that Tesla is one of Silicon Valley's most in-demand employers, Musk invited his Twitter followers to join one of his [...]

  • ‘Good chance of death’: Billionaire Elon Musk says he plans move to Mars despite huge risks

    November 25, 2018

    Billionaire Tesla founder Elon Musk has said he is more likely than not to move to Mars, despite the huge personal risk. The Space X chief executive said there is a 70 per cent chance of him getting to the red planet, but likened the trip to Ernest Shackleton’s dangerous journeys to the Antarctic. “We’ve recently [...]

  • Elon Musk’s Space X to be probed by Nasa after billionaire smoked marijuana in live interview

    November 21, 2018

    Nasa has said it is launching a probe into workplace safety at Space X, prompted by the company's founder Elon Musk smoking marijuana during an interview. The review into Space X as a commercial partner of Nasa, which will also include an investigation at Boeing, comes as both companies prepare to fly astronauts up to the International Space Station. [...]

  • No swearing! Elon Musk renames BFR rocket Starship

    November 20, 2018

    Space X boss Elon Musk tweeted today that the BFR rocket that is costing the company roughly $5bn (£3.9bn) to develop has been renamed. Officially called the Big Falcon Rocket, it is also widely known as the Big F*****g Rocket. Musk has said the BFR name was inspired by a weapon in computer game Doom called the [...]

  • Tesla’s Model 3 sedan on sale in China as Elon Musk plans to increase global operation

    November 17, 2018

    Tesla's new Model 3 sedan is now available to order in China as the company continue to expand its global operation, particularly targetting the Asian market.  On the company's website it says that Model 3 deliveries to China will begin in 2019 and Tesla CEO Elon Musk confirmed via his Twitter account that they will [...]

  • Tesla hires new chair as Elon Musk steps down as part of SEC deal

    November 8, 2018

    Tesla has appointed Robyn Denholm, finance chief and head of strategy at Australian telecoms firm Telstra and existing Tesla board member, as its new chair after Elon Musk was forced to step down as part of a settlement deal with the US securities watchdog. Denholm will leave her role at Telstra in six months time, to sit at the [...]

  • The hyperloop train is leaving the station – and the UK must be on it

    November 7, 2018

    Britain can reasonably claim to have invented the railway. Stephenson’s Rocket represented the pinnacle of British industrial-era innovation. The ability to move products and people by steam locomotion had a transformative effect on society. British ingenuity saw railways knit communities together across the country, and eventually the globe. And for the next couple of centuries, [...]

  • Tesla short-seller David Einhorn warns Elon Musk’s last quarter was its peak

    November 6, 2018

    One of Tesla's most outspoken short-sellers David Einhorn has said its most recent third quarter was "as good as it gets", spurning theories that the electric carmaker had reached a turning point. Einhorn, whose hedge fund Greenlight Capital has consistently shorted Tesla's shares, said in an earnings call this afternoon that Tesla had "exhausted" most of the [...]

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