Singled out: This year’s billionaire Brits April 7, 2021 Forbes released its highly anticipated billionaire list yesterday morning which has left regular folks pinching purse strings in hopes to add another zero to their bank accounts. The UK’s home-grown billionaires did not make it into the lucrative top 10, which was dominated by tech big dogs: Amazon’s founder Jeff Bezos, Tesla and SpaceX’s Elon [...]
SpaceX: Elon Musk’s Starship rocket crash lands after test flight March 30, 2021 Elon Musk’s SpaceX has suffered another failed test flight of its Starship rocket, which appears to have exploded during a landing attempt today. The uncrewed prototype was successfully launched from Boca Chica in Texas this morning for its fourth major test flight. But the Starship appears to have been destroyed during a crash landing, though [...]
Fireball stuns onlookers in Seattle as SpaceX rocket burns in atmosphere March 26, 2021 Onlookers have said they briefly thought “aliens were finally here” after a falling SpaceX rocket lit up the skies over the United States’ Pacific Northwest. The Falcon 9 second stage rocket drew awe from onlookers in Seattle as it burned up in the Earth’s atmosphere shortly after 9pm on Thursday. Front desk supervisor Eberton Paul [...]
Will Elon Musk’s Tesla payment announcement trigger Bitcoin rise? March 24, 2021 Crypto AM Daily asks if Elon Musk's announcement that Tesla cars can now be bought with Bitcoin will trigger a crypto rise?
Valuation of Fortnite creator Epic Games soars to $28bn after lockdown demand March 20, 2021 The owner of two big pandemic winners, Fortnite and Houseparty, has reportedly closed a new fundraising round which brings its valuation to around $28bn. Epic Games is finalising the terms of a $1bn fundraising just seven months after its last round, according to Sky News. Last summer the Houseparty-owner secured a $17.3bn valuation after a [...]
Using AI-powered spacecraft is the only way to clean up space March 17, 2021 In 1978 NASA scientist Donald J. Kessler proposed a theoretical scenario in which the density of objects in low Earth orbit due to space pollution becomes high enough that collisions between objects starts to cause a chain reaction whereby each collision generates more space debris, which then increases the likelihood of further collisions. One implication [...]
Name-dropping: Elon Musk changes job title to Technoking of Tesla March 15, 2021 Eccentric billionaire Elon Musk has a history of riling shareholders with his unusual behaviour, and his latest stunt could put another black mark by his name. In a stock market filing today, the troublesome tycoon announced he has changed his job title to Technoking of Tesla, in addition to his current role of chief executive. [...]
Carbon capture: Here’s what you need to know about the Elon Musk-backed tech February 27, 2021 Elon Musk is nothing if not divisive. But if there’s one thing about the world’s richest man that people tend to agree on, it’s that he’s good at picking winners. So when the Tesla and SpaceX founder announced – via tweet, naturally – that he would contribute $100m to the best carbon capture and storage [...]
Elon’s Bitcoin bet hands Jeff Bezos back title of world’s richest person February 23, 2021 Elon Musk is now merely the second richest person alive, after the eccentric entrepreneur’s Tesla ploughed $1.5bn dollars into Bitcoin, which has plummeted in value in recent days. Tesla’s share price has fallen around 25 per cent from its peak, amid sell-off of high-flying technology stocks. Tesla’s fall was compounded still by the fall in [...]
Tesla rival Lucid Motors gears up for $24bn stock market float February 23, 2021 A luxury electric vehicle maker looking to challenge the dominance of Elon Musk’s Tesla is set to go public in a blank cheque deal that will value it at $24bn (£17bn). California-based Lucid Motors has agreed to merge with Churchill Capital IV, a special purpose acquisition company (Spac) set up by former Citigroup banker Michael [...]