Tag: elon musk
SpaceX’s spin-outs are helping build LA’s startup ecosystem
During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene. Snapchat, they hoped, would spin-off entrepreneurs and angel investors who would reinvest in the local ecosystem and create new companies that would in turn foster more wealth,…
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Well, Bill Gates is never going to buy a Tesla now
Elon Musk is not one to mince words, but he may have just lost a potential customer because of a cutting tweet. That customer is renowned big deal Bill Gates, who sat down recently with YouTuber Marques Brownlee, who joined the platform in 2009 and has amassed more than 10…
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SpaceX and new partner announce space tourism launches on Dragon starting as early as 2021
SpaceX has a new partner for commercial private astronaut flights aboard its Dragon spacecraft: Space Adventures, a private space tourism company that has already launched private astronauts including Anousheh Ansari, Guy Laliberté and Mark Shuttleworth to space. Space Adventures has worked with seven clients across high serrate missions to the…
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Elon Musk says all advanced AI development should be regulated, including at Tesla
Tesla and SpaceX CEO Elon Musk is once again sounding a warning note regarding the development of artificial intelligence – the executive and founder tweeted on Monday evening that “all org[anizations] developing advance AI should be regulated, including Tesla.” Musk was responding to a new MIT Technology Review profile of…
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The Station: Lucid Motors spy shot and the birth of an AV startup
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello again — or perhaps for the first time. This is Kirsten Korosec, senior transportation reporter at TechCrunch and your host here…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and…
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