SpaceX has filed a lawsuit against a California agency this week after the body rejected a proposal to increase the company’s launches from the state’s coastline to 50 per year. The California Coastal Commission (CCC) made its decision at an October 10 meeting, despite the U.S. Air Force endorsing the plan on the grounds that […]
Elon Musk unveils the Robovan: the biggest surprise from Tesla’s We, Robot event
Elon Musk unveiled a prototype of Tesla’s Robovan on Thursday night during the company’s We, Robot event in Los Angeles. The Robovan will be an electric, autonomous vehicle roughly the size of a bus, designed for transporting people around high density areas. It will carry up to 20 people at a time and also transport […]
Tyler, the Creator changes his tune on Elon Musk
Tyler, the Creator dropped his hit song “911” in 2017 with the line: “Sucks you can’t gas me up, shout out to Elon Musk.” However, while performing this weekend at the Austin City Limits music festival nearby Tesla’s Texas headquarters, the Grammy-winning artist changed the latter half of the lyric to: “man, f**k Elon.” It […]
Fidelity has cut X’s value by 79% since Musk purchase
Elon Musk’s X is now valued at less than a quarter of its $ 44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of […]
Elon Musk threatened with SEC sanctions for failing to appear in court
Elon Musk, the CEO of X and various other companies with the letter “X” in their names, is in regulators’ crosshairs after skipping testimony this month in an investigation related to Musk’s takeover of Twitter. In a filing today, the U.S. Securities and Exchange Commission (SEC) said that it intended to seek sanctions against Musk […]