Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance April 24, 2024 Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.
Elon Musk not planning to sell any more shares as Tesla founder hits out at California’s high tax regime December 22, 2021 Tesla’s boss and serial entrepreneur Elon Musk is not planning to sell any more of his Tesla shares, following yesterday’s offloading of 583,611 stock. “I sold enough stock to get to around 10 per cent plus the option exercise stuff and I tried to be extremely literal here,” he said in an interview with satirical [...]
Space Race: Jeff Bezos sues Nasa over Elon Musk deal August 17, 2021 The space race is heating up as Jeff Bezos’ firm Blue Origin sues Nasa over its decision to award a lunar lander contract to Elon Musk’s SpaceX. Bezos has filed a lawsuit in federal court which challenges NASA’s decision to award a $2.9bn (£2.1bn) contract to SpaceX which will see the company build a spacecraft [...]
Bitcoin rocked by Elon Musk’s dramatic Tesla announcement May 12, 2021 Tesla boss Elon Musk has suddenly announced the electric car manufacturer will be suspending the option to buy his vehicles with Bitcoin over the cryptocurrency's "environmental concerns".
Elon Musk sets sights on October opening for new Tesla Berlin factory August 13, 2021 Tesla hopes to make the first cars at its new gigafactory near Berlin in October or soon afterwards, boss Elon Musk has said. The electric car giant has pushed back its planned opening of the plant to late 2021, blaming German bureaucratic hurdles. The £5bn project has also come under fire from locals due to [...]
Bitcoin gets the jitters as Elon Musk’s curious meddling continues May 16, 2021 Fresh from his sudden announcement that Tesla would no longer accept Bitcoin (BTC) owing to environmental concerns, Elon Musk again put the boot in with a series of messages and arguments over cryptocurrency.
A six month pause on new artificial intelligence won’t stop the race for dominance April 3, 2023 Elon Musk and more than a thousand other tech experts want a pause to new AI development, but there's no real incentive for a ceasefire, writes Chris Mallows.
Elon Musk says Tesla is developing humanoid robot that can ‘eliminate dangerous and boring tasks’ August 20, 2021 Elon Musk has said Tesla is aiming to launch the prototype of a humanoid robot called “Tesla Bot” next year. Musk added that the robot would “eliminate dangerous, repetitive, boring tasks.” Watch the full report.
Bitcoin surges as Amazon dips its crypto toe and Elon Musk mulls return July 26, 2021 When a simple job ad appears to spark resurgence in the value of Bitcoin, it shows how the crypto world is salivating for every nugget of news about the future use case for digital currencies. Although Amazon has scores of openings for blockchain specialists, it was the listing for a digital currency and blockchain product lead that has [...]
Tech titans? Musk and Zuckerberg’s feud is an ultra-public toddler tantrum July 12, 2023 From threats for a real life fight to launching rival to Twitter, the bizarre blood feud between Mark Zuckerberg and Elon Musk shows how far our entrepreneurs have fallen, writes Josh Williams.