Latest news about Elon Musk, from his groundbreaking ventures like Tesla, SpaceX, and Neuralink
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
Tesla has launched a vehicle-to-grid (V2G) program in Texas, allowing eligible Cybertruck owners to send energy back to the grid during high-demand events and receive compensation on their utility bills. The initiative, dubbed Powershare Grid Support, was announced by the official Tesla Energy account on social media platform X. Texas’ Cybertruck V2G program In its … Read more
Samsung has received temporary approval to begin limited operations at its semiconductor plant in Taylor, Texas. This marks a key step towards the tech giant’s production of Tesla’s next-generation AI5 chips in the United States. Samsung clears early operations hurdle As noted in a report from Korea JoongAng Daily, Samsung Electronics has secured temporary certificates … Read more
The Federal Communications Commission (FCC) has accepted SpaceX’s filing for a new non-geostationary orbit (NGSO) satellite system of up to one million spacecraft and has opened the proposal for public comment. The move formally places SpaceX’s “Orbital Data Center” concept into the FCC’s review process, marking the first regulatory step for the ambitious space-based computing … Read more
Liu Tao, co-CEO of IM Motors, has publicly apologized to Tesla China for comments he made in 2022 suggesting a Tesla vehicle was defective following a fatal traffic accident in Chaozhou, China. Liu said later investigations showed the accident was not caused by a brake failure on the Tesla’s part, contrary to his initial comments. … Read more
SpaceX is reportedly exploring new products tied to Starlink, including a potential Starlink-branded phone. The update was reportedly shared to Reuters by people familiar with the matter. A possible Starlink Phone As per Reuters’ sources, SpaceX has reportedly discussed building a mobile device designed to connect directly to the Starlink satellite constellation. Details about the … Read more
With the news of a merger between SpaceX and xAI being confirmed earlier this week by CEO Elon Musk directly, the first moves of an umbrella company that combines all of the serial tech entrepreneur’s companies have been established. The move aims to combine SpaceX’s prowess in launches with xAI’s expanding vision in artificial intelligence, … Read more