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 [...]
Elon Musk risking the wrath of US authorities with Bitcoin tweets February 19, 2021 Tesla boss Elon Musk is sailing close to the wind with his mischievous Bitcoin tweets and could end up falling foul of the law, experts say.
Musk’s mischief sends shockwaves through crypto markets February 10, 2021 Elon Musk has disrupted the cryptocurrency world yet again with Doge tweet
Elon’s Tesla play sends Bitcoin ballistic like one of his SpaceX Falcon 9 Rockets! February 9, 2021 Crypto at a Glance Well, the inevitable indeed happened. After week’s of batted eyelashes, flirty texts, and pumping Doge, Elon Musk finally put up and put out. Musk has boarded the big bus to bitcoin city, population 21 million AND NEVER ANY MORE THAN THAT. via GIPHY That’s right, Elon Musk’s car firm Tesla yesterday [...]
Monkey business: Elon Musk has wired up a monkey to play video games with its mind February 1, 2021 Eccentric biliionaire and boss of Tesla and SpaceX Elon Musk can claim another first after he told an audience his company Neuralink has wired up a monkey's brain to " play video games with his mind"
Elon Musk in the Clubhouse, not the Dogehouse! February 1, 2021 Crypto at a Glance If you caught last week’s episode of ‘The Markets do the Funniest Things’, you’ll undoubtedly have been on the edge of your seat waiting to see how it all turns out this week. But let’s start with a quick recap. Friday’s cliffhanger saw GameStop back up and running on Robinhood and [...]
Elon Musk brands shorting stock a ‘scam’ following GameStop trading restrictions January 28, 2021 Redditors: We'll 'burn Robinhood to the ground' after Gamestop trading restricted
Oil price slips on growing Covid-19 restrictions in China January 22, 2021 Oil prices fell today, weighed down by a build in US crude inventories and worries that new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer
It’s game over for Alphabet’s Loon balloon broadband adventure January 22, 2021 Alphabet, the parent company of Google, said last night it will shut down its high-altitude broadband connectivity venture Loon. The announcement is at odds with its recent successful endeavours. Loon raised $125m from a SoftBank unit in 2019, and in April 2020 it launched the first balloons to provide commercial connectivity service to Kenyans following [...]
Elon Musk to turn oil rigs into floating SpaceX launchpads January 21, 2021 It’s usual practice for astronauts to splashdown in the water on their return from space, but up until now they’ve at least been able to take off from solid ground. However, this could all be about to change, after it was reported that billionaire entrepreneur Elon Musk has bought two oil rigs to be converted [...]