Elon Musk

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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...

Partially Automated Tesla Hits Police Car on Highway

Narrowly missed cop

(Newser) - A Tesla using its partially automated driving system slammed into a Florida Highway Patrol cruiser Saturday on an interstate near downtown Orlando and narrowly missed its driver, who had pulled over to assist a disabled vehicle, per the AP . Earlier this month, the US government opened a formal investigation into...

Tesla Wants to Sell Electricity in Texas
Tesla Applies
to Join Texas' Grid
Aug 27, 2021 5:07 PM CDT

Tesla Applies to Join Texas' Grid

Company's giant batteries would let it store power to sell if the lights go out again

(Newser) - Elon Musk has said part of the reason the Texas power grid had such a catastrophic failure last winter is that it has no way to store electricity. The Tesla CEO might think he has the answer; a subsidiary of his company has filed an application with the Texas Public...

Elon Musk's Humanoid Bots Are Headed Our Way

Prototype for the 'Tesla Bot' is due out 'sometime next year,' says CEO

(Newser) - Will Elon Musk soon have his own Westworld-style theme park ? Things probably won't get that far, but you can't blame the thought from arising after an announcement this week from the Tesla CEO. That reveal, made at Thursday's AI Day in California, per CNBC : The company...

Bezos to NASA: Let&#39;s Make a Deal on the Moon
Jeff Bezos
Makes NASA
a $2B Offer
Jul 27, 2021 7:57 AM CDT

Jeff Bezos Makes NASA a $2B Offer

Ex-Amazon CEO wants to again compete in moon race against SpaceX

(Newser) - If Elon Musk thought he had the sole lock on building NASA's next lunar landing vehicle, there may be a new wrench in the works. In April, the space agency announced it was offering Musk's SpaceX a $2.9 billion contract to build the spacecraft that will take...

Tesla Earnings Call Reveals a Big Milestone

Company's quarterly profit goes over the $1B mark for the first time

(Newser) - Tesla's quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer's ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased...

Musk to Opposing Lawyer: 'You Are a Bad Human Being'

He defends Tesla's acquisition of SolarCity

(Newser) - Tesla founder Elon Musk took to a witness stand Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a lawsuit that claims he’s to blame for a deal that was rife with conflicts of interest and never delivered the profits he'd promised....

Richard Branson's 3am Visitor Before Space Flight: Elon Musk

Tesla founder stopped by Branson's kitchen

(Newser) - Richard Branson got a visit from another billionaire in the wee hours of Sunday, just before his historic trip to space: Elon Musk. The Virgin Group founder tweeted a photo of himself with the (barefoot) Tesla founder two hours before the flight launched, Business Insider reports. Branson later explained at...

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