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Archive for the ‘Elon Musk’ category: Page 43

Aug 24, 2023

Elon Musk just escalated his war against the media

Posted by in category: Elon Musk

Musk plans for X, formerly known as Twitter, to start stripping headlines and other text from news articles, instead only showing their lead images.

Aug 23, 2023

Elon Musk’s SpaceX Rockets To $140 Billion Valuation Following Recent Share Sales By Investors Adding $61 Billion To Musk’s Net Worth

Posted by in categories: Elon Musk, finance, space travel

The race to space exploration has been heating up, with Elon Musk’s SpaceX making significant strides in the sector. The private company is valued at approximately $150 billion after a recent share sale by investors. Musk is speculated to own roughly 44% of the company.

The company reached an agreement with both new and existing investors to offer up to $750 million in stock from insiders at a price of $81 per share last month, valuing it at approximately $140 billion, according to a document sent by SpaceX Chief Financial Officer Bret Johnsen.

The latest share price reflects a rise of approximately 5% compared to its previous secondary sale at $77 per share. But Musk does not “anticipate needing to raise funding in the near future” and is expected to opt for secondary sales to bolster and incentivize employee and insider ownership in the company.

Aug 22, 2023

X is planning to hide headlines from news links for ‘improved aesthetics’

Posted by in category: Elon Musk

Elon Musk-owned X, formerly Twitter, is planning to roll out a new way to display news links without any headline or description. The social network will display just the link and the header image in a post, according to a report by Fortune.

Musk confirmed the move in a post on Monday and said it was coming “directly” from him. The change would “greatly improve the aesthetics,” he said.

This is coming from me directly. Will greatly improve the esthetics.

Aug 20, 2023

Atomic rockets are back

Posted by in categories: chemistry, Elon Musk, military, nuclear energy, space travel

While the current Oppenheimer blockbuster film focused on the destructive power of nuclear weapons, more peaceful uses of atomic propulsion for space exploration are now gaining once again momentum. ROB COPPINGER reports.

Nuclear fission and fusion power propulsion are under investigation in Europe and the US with an in-space engine demonstration planned by 2027 — with the news last month that Lockheed Martin had been selected to develop a nuclear thermal propulsion system for DARPA’s DRACO programme (see below).

Continue reading “Atomic rockets are back” »

Aug 19, 2023

New tool from Cyabra uses AI to crack down on bots, AI-generated spam

Posted by in categories: cybercrime/malcode, Elon Musk, robotics/AI

So if I understand this…send a bot to catch a bot?


Israeli tech start-up Cyabra, which worked with Elon Musk to evaluate the presence of bots on Twitter, released a new tool that can detect AI-generated text, images and profiles.

Aug 19, 2023

If Elon Musk removes the block feature from X it wouldn’t be the first time the billionaire skirted App Store rules

Posted by in category: Elon Musk

Elon Musk on Friday announced plans to remove the block feature on X, the microblogging social media platform formerly known as Twitter.

It’s a move many users are decrying as a step toward openly allowing harassment on the platform, and if he goes through with it, the change would appear to violate the rules of both the Google Play Store and Apple App Store.

And it wouldn’t be the first time the billionaire has gotten what he wanted despite existing rules on the App Store.

Aug 19, 2023

Elon Musk Is Once Again Thinking About Elden Ring

Posted by in category: Elon Musk

Musk may be turning to FromSoftware’s 2022 RPG for ideas on how to make the X app more ‘beautiful’.

Aug 18, 2023

Warren Buffett missed a trick by not investing in Tesla at a rock-bottom valuation, Elon Musk says

Posted by in categories: Elon Musk, sustainability, transportation

Warren Buffett missed a trick when he passed on Tesla early on, Elon Musk said.

“He could’ve invested in Tesla when we were worth basically nothing and didn’t,” the SpaceX and Tesla CEO posted on X, the website formerly called Twitter, on Thursday.

He was responding to a post highlighting Buffett’s vast wealth and the enormous value of his Berkshire Hathaway conglomerate.

Aug 18, 2023

Bitcoin plunges more than 10% after Elon Musk’s SpaceX reportedly sold the cryptocurrency

Posted by in categories: bitcoin, cryptocurrencies, Elon Musk, space travel

The price of bitcoin plunged about 10% hours after it was revealed that Elon Musk’s SpaceX sold the cryptocurrency.

The Wall Street Journal reported on Thursday that SpaceX, which first purchased bitcoin in 2021, wrote down the value of its bitcoin holdings by a total of $373 million in 2021 and 2022 and has sold the crypto.

The write-down coincides with a steep drop in bitcoin’s price, which crashed in late 2021, setting off a “crypto winter” that extended through most of 2022.

Aug 18, 2023

Elon Musk Says One Of The Most Difficult Choices He Ever Had To Make Was When He Had ‘Just $30 Million Left’

Posted by in categories: business, Elon Musk, robotics/AI, space travel

Elon Musk, the richest man in the world, revealed that one of the toughest choices he’s had to make in his life was when he had “$30 million dollars left.”

Musk, CEO of Tesla Inc. and SpaceX, revealed that choosing which company to invest his last $30 million in was tough.

Continue reading “Elon Musk Says One Of The Most Difficult Choices He Ever Had To Make Was When He Had ‘Just $30 Million Left’” »

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