Latest news about Elon Musk, from his groundbreaking ventures like Tesla, SpaceX, and Neuralink
SpaceX has acquired an aerospace business from Hexagon Purus ASA in a deal worth up to $15 million. The deal adds composite pressure vessel expertise to SpaceX’s growing in-house supply chain. As per Hexagon Purus ASA in a press release, SpaceX has agreed to purchase its wholly owned subsidiary, Hexagon Masterworks Inc. The subsidiary supplies … Read more
Elon Musk has clarified that SpaceX is prioritizing the Moon over Mars as the fastest path to establishing a self-growing off-world civilization. The shift, Musk explained, is driven by launch cadence and the urgency of securing humanity’s long-term survival beyond Earth, among others. Why the Moon is now SpaceX’s priority In a series of posts … Read more
Elon Musk has confirmed that Tesla will begin high-volume production of the Class 8 all-electric Semi this year. He shared his update in a post on social media platform X. Musk confirms Tesla Semi production ramp Tesla CEO Elon Musk reaffirmed on X that the Semi is finally moving into volume production, posting on Sunday … Read more
Ferrari, the Italian supercar maker, has revealed the name, interior, and interface design of its first-ever electric vehicle project, the Luce, initiating a new chapter in the rich history of the company’s automotive books. This is the first time Ferrari has revealed such intimate details regarding its introductory EV offering, which has been in the … Read more
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.” Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite. However, … Read more
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics. However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk … Read more
SpaceX’s acquisition of xAI was structured to shield the rocket maker from xAI’s legal liabilities while eliminating any obligation to repay the AI startup’s billions in debt, as per people reportedly familiar with the transaction. The update was initially reported by Reuters. SpaceX merger structure SpaceX completed its acquisition of xAI using a merger structure … Read more
When Falcon Heavy lifted off in February 2018 with Elon Musk’s personal Tesla Roadster as its payload, SpaceX was at a much different place. So was Tesla. It was unclear whether Falcon Heavy was feasible at all, and Tesla was in the depths of Model 3 production hell. At the time, Tesla’s market capitalization hovered … Read more
Despite many recent rumors and various reports, Elon Musk confirmed today that SpaceX is not developing a phone based on Starlink, not once, but twice. Today’s report from Reuters cited people familiar with the matter and stated internal discussions have seen SpaceX executives mulling the idea of building a mobile device that would connect directly to … Read more
Marie Nilsson, chair of Sweden’s IF Metall union and a prominent critic of Tesla, has left X and is urging audiences to follow the union on Meta’s Threads instead. Tesla Sweden and IF Metall have been engaged in a bitter dispute for over two years now. Anti-Tesla union leader exits X In a comment to … Read more