Elon Musk

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Grimes Wrote a Song, and Everyone's Looking at Elon

The lyrics are telling

(Newser) - Elon Musk is learning what happens when you break up with a singer —everyone starts parsing lyrics for messy details. Such is the case with the new song from Grimes, called "Player of Games." (The pair have a child together named X Æ A-Xii .) Samples from...

Elon Musk to SpaceX Workers: We're in Trouble

He tells employees that problems with engine put company at risk of bankruptcy

(Newser) - Elon Musk's Tesla is going gangbusters . His other company, SpaceX? Not so much, apparently. CNBC has obtained a memo written by Musk himself in which the CEO warns of potential bankruptcy if problems with a key engine aren't resolved in a hurry. "The Raptor production crisis is...

Yet Another Major Stock Dump for Elon Musk

CEO sells off an additional $1.05B worth of Tesla shares, inching closer to his 10% goal

(Newser) - Elon Musk asked the internet, and it looks like he's going to acquiesce to the internet. Earlier this month, the Tesla CEO put up a Twitter poll asking if followers thought he should sell 10% of his Tesla stock, promising to "abide by the results" either way. The...

Tesla Users Find Out What Happens When App Doesn't Work

Drivers worldwide were stranded when apparent outage made them unable to unlock, start their cars

(Newser) - There's something to be said for a physical key to unlock and start your car. Tesla drivers around the globe found that out last week when the app they use to perform such functions was apparently affected by an outage, leaving them stranded. The BBC reports that just after...

Musk Posts Eyebrow-Raising Response to Sanders Tweet

Tesla CEO did not like Vermont senator's directive on taxation

(Newser) - Bernie Sanders has long been known for posting online about taxing the super-rich, but a tweet over the weekend irked one of those wealth holders in particular. "We must demand that the extremely wealthy pay their fair share. Period," the Vermont senator posted on Saturday. The next morning,...

Elon Musk Unloads $5B in Tesla Stock

$1.1B of it will go toward taxes

(Newser) - Since Twitter voted that he should sell 10% of his Tesla stock, Elon Musk has sold off about $5 billion worth of shares. The Tesla CEO on Monday sold $1.1 billion worth—in a plan that was set in motion in September, long before the poll, MarketWatch notes—and...

Elon Musk Asks Twitter Users to Decide His Stock Move
Twitter
Makes a
Big Decision
for Elon Musk
UPDATED
Nov 8, 2021 12:02 AM CST

Twitter Makes a Big Decision for Elon Musk

Nearly 58% vote in favor of him selling 10% of his Tesla stock

(Newser) - Update: Twitter has spoken. Of the more than 3.5 million users who took part in Elon Musk's poll, 57.9% of them voted that, yes, he should sell 10% of his Tesla stock, the Verge reports. In proposing the poll, the Tesla CEO had pointed out, "Note,...

Musk Pokes at Bezos After Blue Origin Loses Lawsuit

'You have been judged,' Musk quips

(Newser) - Update: Jeff Bezos' space company has lost a federal lawsuit against NASA over the decision earlier this year to award a lunar lander contract to SpaceX. The US Court of Federal Claims ruled against Blue Origin, which argued in the August lawsuit that NASA disregarded "key flight safety requirements"...

Frenzied Interpretations After Musk Shares Ancient Poem

There was no real context to the quoting of the Quatrain of Seven Steps

(Newser) - Talking heads are trying to figure out what the world's richest man meant in tweeting lines from an ancient Chinese poem on Tuesday. Elon Musk caused a stir—on Twitter, where the Tesla and SpaceX CEO counts 62 million followers, and on Chinese social media site Weibo, where he...

Elon Musk, Hertz Seem to Disagree on Their Deal

Musk says there's no contract, while Hertz says the first of 100K Teslas are being delivered

(Newser) - Last month, Hertz made big headlines by announcing it had a huge deal with Tesla to buy 100,000 electric cars. The news sent shares of Tesla soaring. Now comes this twist courtesy of Elon Musk: "I’d like to emphasize that no contract has been signed yet,"...

Elon Musk Answers UN Challenge on Hunger Donation

Tesla founder questions whether $6B will solve the problem

(Newser) - Challenged by a United Nations official to donate enough money to help solve world hunger, Elon Musk responded with a challenge of his own. David Beasley, director of the World Food Program, had called on Musk, Jeff Bezos, and others among the world's wealthiest people to make a one-time...

Guess Who's Not Keen on Dems' Billionaire Tax Plan?

Tesla/SpaceX CEO Elon Musk could see $5B in taxes over 5 years if the plan were put in place

(Newser) - Under a new proposal unveiled by Democrats this week, America's richest of the rich would soon be helping to pay for President Biden's domestic agenda by paying taxes on unrealized gains on assets like stocks in their portfolio, whether or not they sell them. It was expected there'...

Elon Musk&#39;s Wealth Grew by $36B in One Day
Elon Musk
Got $36B
Richer in
One Day
Oct 26, 2021 12:40 AM CDT

Elon Musk Got $36B Richer in One Day

Thanks to Tesla's stock surge

(Newser) - Elon Musk's net worth increased by $36.2 billion Monday, thanks to Tesla's stock surge . That's the largest single-day jump in the history of the Bloomberg Billionaires Index. Musk is now worth $288.6 billion after Tesla saw a 12.7% stock increase due to its deal...

Prince William Calls Out Rich Men&#39;s Race to Space
Shatner: Prince William
Is 'Lovely' but Wrong
UPDATED
Oct 15, 2021 6:55 AM CDT

Shatner: Prince William Is 'Lovely' but Wrong

He says Blue Origin voyages are 'baby steps' toward greater things after prince's criticism

(Newser) - Update: William Shatner says Prince William is a "lovely, gentle, educated man"—but he's got the "wrong idea" about space tourism. After the prince said the world's greatest minds should focus on fixing problems on Earth, Shatner told Entertainment Tonight that trips like his Wednesday...

Musk Widens Richie-Rich Gap, Trolls Bezos

SpaceX CEO tweets a silver medal at space race rival

(Newser) - Elon Musk is pulling further ahead of Jeff Bezos as the world's richest man, and trolling all the way. Privately-held SpaceX saw its valuation rise to $100.3 billion this week as insiders agreed to sell up to $755 million in stock to new and existing investors at $560...

Musk to Move Tesla From California to Texas

'There's a limit to how big you can scale in the Bay Area,' CEO says

(Newser) - There were signs: Elon Musk moved from Los Angeles to Texas, and he held Tesla's shareholders meeting in Austin—the first time it's been held outside California. Musk used the occasion to announce Thursday that Tesla's headquarters will be moving to Austin, as well. At the moment,...

Elon Musk, Grimes Are Now Both Semi-Single

Tesla CEO says the pair are 'semi-separated' after 3 years

(Newser) - Forget about "conscious uncoupling." We've now entered the era of "semi-separated"—at least in the world of Elon Musk, who has revealed to Page Six that he and his girlfriend of three years, Canadian singer Grimes, have split. "We are semi-separated but still love...

Elon Musk Takes a Dig at Biden
Elon Musk Takes a Dig at Biden
Sep 20, 2021 2:13 AM CDT

Elon Musk Takes a Dig at Biden

Says president must be 'sleeping' since he hasn't congratulated Inspiration4

(Newser) - Following SpaceX's successful all-amateur Inspiration4 spaceflight , quite a few big names offered public congratulations. One notable exception: President Biden. And on Sunday, after someone on Twitter wondered why that was, SpaceX founder Elon Musk weighed in with a reply : "He's still sleeping." As CNBC points out,...

Another Billionaire Has Safely Sent Tourists Into Space

SpaceX crew first all-amateur group to circle Earth

(Newser) - Four space tourists safely ended their trailblazing trip to orbit Saturday with a splashdown in the Atlantic off the Florida coast, per the AP . Their SpaceX capsule parachuted into the ocean just before sunset, not far from where their chartered flight began three days earlier. The all-amateur crew was the...

Bumble, Match Will Cover Abortion Costs in Texas

Companies act in response to restrictive new law

(Newser) - Two companies behind some of the most popular dating apps in the US are stepping up to help Texans access abortion services in response to a new law that opponents say will block about 85% of abortions. Austin-based Bumble, led by CEO Whitney Wolfe Herd, said this week that it...

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