SpaceX fires employees over letter criticising CEO Musk June 17, 2022 SpaceX fired employees for their part in writing and circulating a letter that criticised CEO Elon Musk, the New York Times reported on Thursday. The rocket manufacturing company reportedly dismissed multiple workers who were involved in the letter, which blasted Musk’s public conduct and urged SpaceX to publicly condemn his Twitter behaviour. “Elon’s behaviour in [...]
Musk, Tesla, and SpaceX sued by Dogecoin investor over alleged “pyramid scheme” June 17, 2022 Elon Musk, Tesla, and SpaceX were hit by a $258bn (£210.2bn) lawsuit on Thursday by a Dogecoin investor accusing them of engaging in a “Crypto Pyramid Scheme (aka Ponzi scheme)” relating to the cryptocurrency. The complaint, filed in a Manhattan court, alleged that the world’s richest man and the two companies he runs, electric vehicle [...]
UK space industry to benefit ‘very positively’ from Russian sanctions June 17, 2022 The UK’s space industry stands to benefit “very positively” from sanctions against Russia, which have pushed its rocket launching capabilities off the global stage, one space chief has told City A.M. Russia’s launches once rivalled SpaceX in both frequency and success. But a mixture of bans and boycotts after its invasion of Ukraine has seen a [...]
Twitter is ‘committed’ to Musk takeover despite turbulence June 15, 2022 Despite ongoing turbulence, Twitter chairman Bret Taylor has said he remains committed to closing Elon Musk's $44bn takeover bid.
Extremely successful? Extremely lucky! June 14, 2022 People who are extremely successful in business or investing tend to think of themselves as more skilled and hard working than the average person. No doubt they are on some level, but the more extreme their success, the greater the role luck plays in achieving it. Luck is so critical to extreme success, in fact, [...]
US regulators find over 75 environmental hang-ups with SpaceX’s mega-rocket Starship June 14, 2022 US regulators are still mulling the decision to hand Elon Musk’s SpaceX a launch licences for its mega-rocket Starship, after an environmental assessment found over 75 hang-ups. The eagerly awaited report from the Federal Aviation Administration (FAA) will require SpaceX to take more than 75 actions to mitigate the environmental impacts from its proposed plan [...]
Looming environmental report on SpaceX’s Starship could be a ‘pain point’ June 9, 2022 Elon Musk’s Starship dreams could be extinguished before the mega-rocket has even left the ground, as US regulators assess its potential environmental damage. The Federal Aviation Administration (FAA) is expected to publish its assessment on Monday. The report, a year in the making, has been pushed back several times since December, with delays bleeding into [...]
Musk set to abandon £35bn Twitter takeover if bot count isn’t clarified June 6, 2022 Elon Musk has threatened to walk away from his $44bn (£35bn) takeover of Twitter, urging the social media network to provide more data on spam and fake accounts.
Chipotle, SpaceX and MoneyGram move crypto adoption forward as layoffs impact industry June 6, 2022 Data from CryptoCompare shows the price of Bitcoin started last week with a sharp move toward the $32,000 mark before plunging to $29,000.
Lots of luck on moon trip: Biden jibes Musk on ‘super bad feeling’ about economy June 4, 2022 President Joe Biden has scorned Tesla founder Elon Musk after the tech boss cited a “super bad feeling” about the economy amid plans to slash jobs. Speaking on Friday, the US President pointed out that while the electric carmaker said it needed to axe one in 10 jobs, rival Ford was “overwhelmingly” increasing investment. “While [...]