Category: elon musk
Elon Musk, Tesla board sued in lawsuit alleging ‘erratic’ tweets violate fiduciary duty
Tesla CEO Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing the company board and Musk for continuing to send “erratic tweets” that violate a settlement with the U.S. Securities and Exchange Commission that requires oversight of his social media activities. The lawsuit, which was…
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Hitting the Books: Elon Musk and the quest to build a better rocket engine
Putting people safely into orbit is no small feat, especially without the seemingly limitless R&D budgets afforded to national space programs. However that has done little to dissuade a new generation of the private spaceflight companies from loo… Source
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SpaceX’s SN10 Starship sticks the landing — and then explodes
After a last-second abort earlier today, SpaceX launched the SN10 Starship on a high-altitude flight test that took it 10 km above the Earth. The main difference between this test and earlier flights is that not only did it properly maneuver through… Source
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SpaceX’s Starship prototype flies to 32,000 feet and sticks the landing in third flight test
SpaceX has launched SN10 — the tenth iteration of its current prototype series of Starship, the heavy-lift reusable spacecraft it’s developing. Starship SN10 took off from Boca Chica, Texas, where SpaceX is developing the vehicle. It flew to a height of roughly 10 km, or 32,000 feet, before performing a…
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SpaceX’s new $850 million raise confirmed in SEC filing
SpaceX hasn’t issue any public statement about the $850 million in fresh funding CNBC reported it raised last week, but a filing with the U.S. Securities and Exchange Commission (SEC) published today confirms the round. SpaceX’s funding was said to value the company at around $74 billion, with a per-share…
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Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line
Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analysts and money managers at some of the country’s largest banks. As a standard bearer for the consumer electric vehicle industry…
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