Filtronic shares soar as defence firm pens fresh deal with Elon Musk’s SpaceX February 10, 2025 British defence and telecoms firm Filtronic has penned a further multi-million-pound deal with SpaceX, the aerospace behemoth owned by Elon Musk. The company won a contract with SpaceX, worth almost £17m for the financial years 2025 and 2026, according to the firm, which made the announcement to markets this morning. Filtronic, which designs and makes products [...]
Elon Musk wants to ban WFH for millions in the US government January 17, 2025 Elon Musk may terminate remote work for millions of federal employees, as he steps into his new role as head of the Department of Government Efficiency (D.O.G.E). The tech titan and outspoken Trump supporter outlined plans to announce a mandatory return to office policy to reduce the size of the US government workforce and cut [...]
Elon Musk wants to buy Liverpool, claims his father January 7, 2025 Elon Musk would like to buy Premier League leaders Liverpool, who were put on the market by current owners Fenway Sports Group in 2022, according to his father. The world’s richest man, who has amassed an estimated net worth of £340bn, has family ties to the city through his grandmother, Errol Musk said. “He would [...]
Amazon broadband coming to the UK in challenge to Elon Musk’s Starlink January 6, 2025 Amazon has announced its plans to enter the UK’s broadband market, intensifying its long-standing rivalry with tech tycoon competitor Elon Musk and his satellite internet constellation, Starlink. Through its Project Kuiper initiative, the tech giant revealed its intentions to provide high-speed internet to homes, businesses and government customers across the UK. The move, which was [...]
Monzo, Open AI, Revolut and Klarna: The IPOs to watch out for in 2025 January 3, 2025 While economic uncertainty prompted a cautious approach to IPOs in 2025, several high-profile companies are preparing to float in 2025. From leading fintechs such as Monzo, Revolut, and Klarna to global giants such as OpenAI and SpaceX, some of the most exciting growth companies in recent years could IPO this year. Here is a look [...]
Downing Street rejects Elon Musk’s claim firms are turning away from UK December 30, 2024 Downing Street insisted Sir Keir Starmer was running an “unashamedly” pro-growth government after Elon Musk lashed out at his policies. Tesla boss Mr Musk said “very few companies” would be willing to put money into the UK under “the current administration”. Mr Musk, a close ally of US President-elect Donald Trump, was responding to calls [...]
Elon Musk causes uproar by backing German far-right party ahead of key elections December 29, 2024 Germany is to vote in an early election on February 23 after Chancellor Olaf Scholz’s three-party governing coalition collapsed last month.
Elon Musk and Fox News host chosen for Trump cabinet and advisory roles November 13, 2024 Tech billionaire Elon Musk and Fox News host Pete Hegseth have been asked to serve as advisors and in Donald Trump’s cabinet. Musk is set to lead a new US Department of Government Efficiency (DOGE) which will advise the President on how to reform and make savings in the government, after he previously claimed he [...]
British firm Filtronic scores another multi-million contract with Elon Musk’s SpaceX August 30, 2024 Microwave technology firm Filtronic has scored another multi-million-pound contract with Elon Musk’s SpaceX, it revealed today. The London-listed company, which is headquartered in Leeds and supplies products to the aerospace, defence, space and telecoms infrastructure sectors, said the $8.4m (£6.4m) production order from the satellite internet company was a positive sign that demand remained high for [...]
Elon Musk: SpaceX tender offer could value startup at record $210bn June 27, 2024 The space and satellite company was last valued at $180bn in a December transaction and is the world's second most valuable startup.