Space: Reversing net zero progress or climate saving grace? November 9, 2021 The new space age, dubbed Space 2.0, could unleash a raft of climate benefits, such as real-time modelling – but the carbon-dense sector has environmental advocates nervous. Prince William has criticised the second revival of the space race and emerging space tourism which billionaire’s Richard Branson, Elon Musk and Jeff Bezos have been gunning for [...]
Billionaire entrepreneurs like Bezos and Musk are changing the economics of space November 9, 2021 Billionaire entrepreneurs using their wealth to launch successful space companies has made the sector far more accessible to smaller start-ups. The reliability of the space launches from the likes of Richard Branson, Jeff Bezos and Elon Musk, due in part to their vast financial backing, has dragged down insurance prices for smaller firms in the [...]
UK satellite company Inmarsat agrees £5.4bn takeover by U.S. rival Viasat November 8, 2021 The British satellite communications company Inmarsat has agreed a $7.3bn (£5.4bn) takeover by the U.S. rival Viasat.
Twitter has spoken: Tesla shares fall as Musk abides by poll November 8, 2021 Tesla’s Frankfurt-listed shares have gone down 9 per cent after Elon Musk decided to sell 10 per cent of his quota following a Twitter poll. On Saturday, the chief executive – who is in the race to become the world’s first trillionaire – launched a Twitter poll asking users whether he should sell a consistent [...]
Musk asks Twitter if he should sell 10 per cent of his Tesla stock, worth $21bn November 7, 2021 Celebrity entrepreneur and the world’s richest person Elon Musk has allowed his online followers to decide whether or not he will pay taxes. Yesterday the billionaire opened up a poll to his 62.5m Twitter followers and asked them to decide whether he should sell off ten per cent of his Tesla stock, a move that [...]
Space race: Amazon seeks approval for 4,538 new satellites November 5, 2021 Amazon owned Kuiper has filed an application to launch 4,538 satellites into space as competition with Elon Musk’s SpaceX heats up. Both Bezos’ Kuiper and Musk’s SpaceX have filed applications to the FCC to allow the companies to build satellite fleets in low-Earth orbit as the tech giants line up to provide tens of millions [...]
Elon Musk says he’ll sell Tesla stock if the UN can show how he can solve world hunger November 1, 2021 Responding to comments from the United Nations World Food Program (WFP) director, David Beasley, who told CNN that global hunger could be solved a “one-time” payment from some of the world’s wealthiest people, Elon Musk tweeted: “If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.”
Tesla’s profits on Bitcoin are on track to fully fund their research costs October 29, 2021 Earlier this week Tesla submitted their quarter three 2021 financial statements to the SEC. Cryptocurrency enthusiasts and sceptics alike held their breath once again following Tesla’s previous purchase of 43,200 Bitcoins, or 0.3% of available supply, earlier this year. An investment at the time of some $1.5 billion. Since this initial bullish step Elon Musk [...]
Top Dog: Shiba Inu takes on Dogecoin after it cracks top 10 October 28, 2021 Shiba Inu coin has blasted its way into the top ten crypto currencies with a market cap of $40bn, briefly surpassing rival meme-coin Dogecoin. Shiba Inu’s price has exploded this year, up by 83m per cent in the past 12 months and 147 per cent just this week to make it the world’s tenth largest [...]
London transport hit by ‘aggressive’ marketing ‘assault’ from crypto meme coin Floki October 27, 2021 A digital token named after Elon Musk’s new dog, Floki, has rolled out hundreds of adverts in the capital in what it’s called “a full-out assault of the London public transportation system,” raising questions as to who is responsible for high-risk investments being advertised so widely. Floki Inu coin is one of many dog “meme” [...]