Businesspeople

SpaceX CEO Elon Musk keeps delaying going public with the internet satellite business. Photo: Patrick Pleul (AP)Investors wanting to get their hands on stocks of SpaceX’s satellite megaconstellation will have to wait a bit longer. CEO Elon Musk recently told employees that he’s not likely to make SpaceX’s Starlink public for another three to four years, CNBC reports. During an all-hands meeting of the company’s employees last week, Musk reportedly said that SpaceX’s initial public offering (IPO) won’t be for another…

The dog has caught the car: After weeks of Elon Musk’s whinging about bots, Twitter is going to give him all the data he can handle, according to The Washington Post.The social network’s board is planning to grant Musk access to its “firehose” real-time stream of tweets and accompanying metadata about them that the site manages as early as next week, according to an anonymous source that spoke to the Post. The news is something of a reversal of the board’s previous stance denying Musk’s request for data. Twitter CEO Parag…

Ken Paxton apparently loves the taste of billionaire boots. The Attorney General seems to want his new-ish constituent, Elon Musk, to like him so bad, he’ll use all the legal resources of Texas to gain favor.Today, Paxton announced a state investigation into Twitter for “potentially false reporting over its fake bot accounts.” The announcement came mere hours after Musk, the CEO of Tesla and SpaceX, declared that Twitter had breached his buyout deal because of bots. The richest man in the world has been in tumultuous…

Artist’s conception of a Martian colony, with SpaceX Starship rockets in the background. Image: SpaceXIn a recent interview, Elon Musk repeated his stated goal of wanting to transport one million people to Mars by 2050. The SpaceX founder says the future of humanity is at stake, which, okay, but the timeline he offers is ludicrous, and here’s why.Before we plunge into this, I need to make it crystal clear that many of the challenges addressed in this article are not insurmountable. Technological feasibility is not my…

Tesla CEO Elon Musk attends The 2022 Met Gala at The Metropolitan Museum of Art on May 2, 2022 in New York City. Photo: Jeff Kravitz/FilmMagic (Getty Images)Tesla will cut its workforce by about 10% because CEO Elon Musk has a “super bad feeling” about the future of the economy, according to a new report from Reuters. The news agency cites an internal memo that was reportedly sent to Tesla executives and noted the electric car company would be pausing all hiring across the globe. The news about Tesla’s impending…

Facebook chief operating officer Sheryl Sandberg testifies during a Senate Intelligence Committee hearing on Sept. 5, 2018 in Washington, DC. Photo: Drew Angerer (Getty Images)Meta’s longtime business chief, Sheryl Sandberg, is leaving the company.“It is time for me to write the next chapter of my life. I am not entirely sure what the future will bring – I have learned no one ever is. But I know it will include focusing more on my foundation and philanthropic work,” she said. Sandberg, whose foundation is geared toward…

A leaked email from Musk says that executive employees can work remotely...after at least 40 hours of in-office work.Photo: Win McNamee (Getty Images)Tesla CEO Elon Musk gave his executive employees an ultimatum in an email yesterday: return to the office full time or leave the company.A leaked email from Musk began circulating on Twitter today with the subject line reading “Remote work is no longer acceptble .” The email—posted by Sam Nissim—was sent to “ExecStaff” on May 31, and explains that executive employees must be…

The latest SpaceX launch lifted 53 satellites into low Earth orbit.Photo: John Raoux (AP)The next generation of Starlink satellites are going to be larger, and more powerful, designed to provide internet access to remote parts of the world, according to SpaceX CEO Elon Musk. The space billionaire recently discussed the details of the Starlink Gen2 System on the popular YouTube show, Everyday Astronaut.In the 32 minute clip, Musk reveals that SpaceX has already produced the first Starlink 2.0 satellite. The new generation…

TeslaPhoto: Robert Alexander (Getty Images)Tesla could one day bring Apple technology to the cabin of its electric cars. Before I go any further: CarPlay isn’t coming to save you from using Tesla’s operating system. Rather, the automaker is discussing ways of improving its already excellent sound system by using AirPlay instead of Bluetooth.Twitter user ShibaDoge proposed last week that Tesla use AirPlay for lossless audio streaming. Tesla CEO Elon Musk responded, stating that he’d discuss the idea (and other…

Photo: rafapress (Shutterstock)Events surrounding the purchase of Twitter are growing ever-more complicated, and it seems like by the end of this adventure, neither Tesla CEO Elon Musk nor the Twitter board will walk away unscathed.The Securities and Exchange Commission revealed Friday that it has long been investigating whether Musk had properly relayed his intentions with Twitter. The agency’s regulatory filings included a letter sent to Musk April 4 that asked for clarification on multiple discrepancies found in Musk’s…