Key Takeaways Musk expects AI and robots to more than double the global economy. Tesla is preparing robot lines designed to build millions of units a year. Power, manufacturing, and adoption could determine the outcome. […]
The crypto market is increasingly becoming uncontrollable in scams, with social engineering being one of the avenues. Recently, Elon Musk was baited into promoting a scam memecoin token, SLINK, linked to his company, Neuralink. The […]
Key Takeaways Gate’s tokenized SPCX token logged $332M and $360M in volume on August 4-5 ahead of the unlock. SpaceX stock closed up 6.1% at $114.92 on August 6 despite 911.5 million shares unlocking. Morgan […]
Key Takeaways Ark Invest bought 267,676 Block shares worth about $21 million on August 6. Cathie Wood’s fund also added 20,318 SpaceX shares worth roughly $2.3 million the same day. The purchases extend Ark’s long-running […]
Key Takeaways Tesla and SpaceX will make an initial $16.8 billion investment to begin building the Terafab chip plant. he companies relocated the project from Austin to Grimes County, Texas, with total spending potentially reaching […]
Nikita Bier announced on Wednesday that he is stepping down as X’s head of product. After a little more than a year, in his own words: “time to pass the torch and demote myself to […]
Shares of the major aerospace and technology firm SpaceX (SPCX) have dropped sharply following the release of initial public earnings data. Elon Musk’s net worth plunged from $783.3 billion to $696.1 billion, marking an 11.01% […]
Key Takeaways SpaceX posted $7.8 billion in Q2 revenue, beating the $6.9 billion analysts expected. SPCX fell 6% to $118 after hours as capital spending hit $18.4 billion, above the $13 billion forecast. SpaceX’s bitcoin […]
SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing […]
Key Takeaways Elon Musk rejected the Tesla China sale report as entirely false. The Wall Street Journal reported executives explored separating Tesla’s China business. The dispute highlights scrutiny of Tesla’s China operations and strategy. Musk […]
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