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January 24, 2021

Elon Musk

Why some tech companies and billionaires are leaving California

CNBC
CNBC – For more and to sign up click here While it may be an overstatement to say California is hemorrhaging people, some of the state’s major companies and wealthiest residents are leaving for states like Texas, Arizona and Florida. In 2020, Oracle, Palantir and Hewlett-Packard Enterprise were among the......

Tesla engineering director Joseph Mardall leaves for drone start-up Zipline

CNBC
CNBC – For more and to sign up click here Low-angle view of the facade of Tesla Motors dealership with logo and sign in Pleasanton, California, July 23, 2018. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/Gado An influential engineering director at Tesla, Joe Mardall, has resigned his position at the......

Elon Musk is donating a $100 million prize for carbon capture technology — here’s what that means

CNBC
CNBC – For more and to sign up click here SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images Elon Musk tweeted Thursday he will......

SpaceX bought two former Valaris oil rigs to build floating launchpads for its Starship rocket

CNBC
CNBC – For more and to sign up click here An 8500 series oil rig ENSCO Elon Musk’s SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing. The rigs are in the Port......

Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say

CNBC
CNBC – For more and to sign up click here In this photo illustration, a visual representation of digital cryptocurrency Bitcoin (BTC) is arranged on a circuit board of a hard drive. Yuriko Nakao | Getty Images Bitcoin and U.S. tech stocks are viewed by investors as the biggest market......

Tesla delivers its first Shanghai-made Model Y crossovers in China

CNBC
CNBC – For more and to sign up click here Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Tesla has reportedly started delivering locally-produced Model Y crossovers in China, marking another milestone for the......

Elon Musk said ‘use Signal’ and confused investors sent the wrong stock up 438% on Monday

CNBC
CNBC – For more and to sign up click here BERLIN, GERMANY – SEPTEMBER 02: Tesla head Elon Musk arrives at a retreat of the German Christian Democrats CDU/CSU Bundestag faction on September 02, 2020 in Berlin, Germany. Musk is currently in Germany where he met with vaccine maker CureVac,......

GM’s Cruise founder expects consolidation for makers of lidar self-driving vehicle sensors

CNBC
CNBC – For more and to sign up click here Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California.  Source: Noah Berger | General Motors The co-founder and......

Elon Musk told his followers to ‘use Signal,’ leading to 1,100% surge in unrelated stock with similar name

CNBC
CNBC – For more and to sign up click here Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images When Tesla CEO Elon Musk urged his Twitter followers on Thursday......

Elon Musk tops Jeff Bezos as the world’s richest person

CBS News
CBS News – For more and to sign up click here Tesla chief executive Elon Musk on Thursday surpassed Amazon.com founder Jeffrey Bezos as the world’s richest person. A jump in the price of Tesla stock lifted the value of his wealth on paper to more than $188 billion, according......

Affirm founder Max Levchin poised to become next billionaire from ‘PayPal mafia’

CNBC
CNBC – For more and to sign up click here Drew Angerer / Getty Images  Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest member of the so-called PayPal mafia to add his name to......

Tech’s top seven companies added $3.4 trillion in value in 2020

CNBC
CNBC – For more and to sign up click here Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Tech’s biggest companies just wrapped up a......

Hawaiian Airlines CEO says airline is optimistic about 2021 travel, three new routes

CNBC
CNBC – For more and to sign up click here After a bruising year for the airline industry, Hawaiian Airlines CEO Peter Ingram told CNBC he believes it’s only up from here. Airlines spent much of 2020 cutting routes and reducing flights due to the decline in travel demand from......

Ignore the tech naysayers — San Francisco isn’t dying

CNBC Real Estate
The TransAmercia building at the end of an empty Columbus Street in San Francisco, California, U.S., on Monday, Dec. 7, 2020. David Paul Morris | Bloomberg | Getty Images If you believe what you read, San Francisco is dying. Over the last few months, there has been a steady stream......

Elon Musk says he once considered selling Tesla to Apple, Tim Cook didn’t want to take a meeting

CNBC
CNBC – For more and to sign up click here SpaceX owner and Tesla CEO Elon Musk (R) gestures as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images On Tuesday, Tesla CEO Elon......

Lockheed Martin buys Aerojet Rocketdyne to better compete with Musk’s SpaceX, Bezos’ Blue Origin

CNBC
CNBC – For more and to sign up click here The four RS-25 engines slated to fly on the maiden flight of NASA’s SLS rocket, at the company’s facility at NASA’s Stennis Space Center. Aerojet Rocketdyne Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a......

SpaceX launches secret NRO satellite, its record-setting 26th launch of the year

CBS News
CBS News – For more and to sign up click here SpaceX closed out a record year by launching its 26th Falcon 9 rocket Saturday, the second in less than a week, to put a classified National Reconnaissance Office satellite into orbit. The NROL-108 payload was a surprise late addition......

Jay Leno reveals what he thinks is the genius behind Elon Musk and Tesla

CNBC
CNBC – For more and to sign up click here Jay Leno said he thinks the genius of Tesla‘s CEO Elon Musk is that “he was building the infrastructure as he was building the vehicle.” “Even today, a lot of the major manufacturers build an electric car, but, oh, where......

Elon Musk should apologize for mocking gender pronouns, says group that gave Tesla top LGBTQ-friendly rating

CNBC
CNBC – For more and to sign up click here Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images In a series of tweets this......

Satellite-to-smartphone broadband company AST & Science to go public through a SPAC

CNBC
CNBC – For more and to sign up click here AST’s corporate headquarters and high-volume manufacturing facility in Midland, Texas AST & Science Special purpose acquisition company New Providence will take next-generation satellite broadband specialist AST & Science public through a SPAC deal that gives the space company an equity......

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