Elon Musk

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China Blocks the Buzzy 'Clubhouse' App

Citizens were using it to discuss sensitive topics

(Newser) - Chinese authorities are blocking access to Clubhouse, a social media app that allowed users in China to discuss sensitive topics with people abroad, the AP reports. The move adds Clubhouse to thousands of websites and social media apps to which the ruling Communist Party blocks access in an effort to...

Elon Musk Move Sends Bitcoin Soaring

Tesla invests $1.5B in cryptocurrency, may accept it as payment

(Newser) - The world's richest person in terms of dollars just made a big splash in the world of cryptocurrency, too. Elon Musk's Tesla has invested $1.5 billion in bitcoin and says it plans to begin accepting it as a form of payment, reports MarketWatch . The move gave an...

SpaceX Rocket Crashes, Explodes on Landing

The second Starship test flight ended the same way the first did

(Newser) - SpaceX’s second full test flight of its futuristic, bullet-shaped Starship ended in another fiery crash landing Tuesday, the AP reports. Elon Musk’s company launched its latest Starship prototype from the southeastern tip of Texas, two months after the previous test ended in an equally explosive belly flop. (Video...

Tesla's Profit Doesn't Come From Where You Think

Automaker is currently in the black thanks to selling regulatory credits, not cars

(Newser) - Tesla posted its first-ever annual profit in 2020, but business writers are adding an asterisk. Timothy Green at the Motley Fool points out that Elon Musk's company is in the black thanks more to sales of regulatory credits than electric vehicles. Eleven states demand that automakers sell zero-emissions vehicles...

Musk to Robinhood CEO: 'Anyone Holding You Hostage?'

Tesla CEO grills Vladimir Tenev on how and why GameStop trading was halted last week

(Newser) - With trading app Robinhood now in the spotlight after it temporarily halted trading last week amid the GameStop hubbub , Elon Musk decided to get some answers straight from the source. Late Sunday , the Tesla and SpaceX CEO, who'd already started instigating on the topic last week, spoke to Robinhood...

Elon Musk Adds Fuel to the GameStop Fire

He simply tweeted 'Gamestonk!!'

(Newser) - It's "a head-scratching David and Goliath story," as the AP puts it, and Elon Musk on Tuesday lobbed a rock in the giant's direction. Musk tweeted a single word, "Gamestonk!!"—and it was enough to send GameStop's share price temporarily over the...

There's a New Richest Person in the World

Tesla CEO moves a billion past Jeff Bezos

(Newser) - The skyrocketing price of Tesla shares pushed Elon Musk's wealth past that of Jeff Bezos on Thursday, crowning a new richest person in the world. Musk is now listed as being worth $185 billion, a billion more than Amazon's Bezos, CNBC reports. It's not exactly a rags-to-riches...

One Trump, One Obama Take Home 'Most Admired' Crowns

Donald Trump ends Barack Obama's 12-year winning streak, while Michelle Obama wins top spot for women

(Newser) - Donald Trump didn't beat Joe Biden in the election, but he can notch a win against Barack Obama. In its annual survey on the matter, Gallup pollsters asked 1,000 or so American adults to name, without being given choices, a man and a woman they most admire anywhere...

Elon Musk: Apple Could Have Bought Tesla

But Tim Cook wouldn't meet with him, Musk says

(Newser) - Apple is reportedly working on its own electric car, but it apparently could have owned Tesla. Elon Musk on Tuesday revealed that, "during the darkest days of the Model 3 program," he tried to sell his company to Apple. "I reached out to Tim Cook to discuss...

Musk Decries 'MBA-ization' of Corporate America

SpaceX and Tesla CEO says today's leaders are too focused on numbers, not innovation

(Newser) - Academia is often accused of being plagued by professors in ivory towers. In corporate America, according to Elon Musk, the problem may be too many MBAs. That was his take at the Wall Street Journal CEO Council summit on Tuesday, where he railed against business school grads running things in...

SpaceX Starship Prototype Explodes on Landing

'But we got all the data we needed!'

(Newser) - Elon Musk is very pleased with how the latest SpaceX rocket prototype performed during the flight portion of a test flight in Texas Wednesday—but the landing portion shows there is plenty of room for improvement. The uncrewed 16-story SN8 prototype failed to slow down enough during its descent and...

Calif. Didn't Worry Elon Would Leave, Probably Should Have

Tesla founder says he has moved to Texas

(Newser) - The second-richest person in the world has left California for a state that will let him keep a little more of that wealth. Elon Musk on Tuesday revealed that he has moved to Texas, a state that levies no income tax and doesn't tax capital gains for individuals. Compare...

Earth Has a New 2nd-Richest Person
Earth Has a New
2nd-Richest
Person
Nov 24, 2020 12:03 AM CST

Earth Has a New 2nd-Richest Person

Elon Musk surpasses Bill Gates

(Newser) - Elon Musk is now the second-richest person in the world. The Tesla and SpaceX founder has, for the first time, surpassed Bill Gates' net worth of $127.7 billion, Bloomberg reports. Musk, 49, is now worth $127.9 billion, after the latest surge in Tesla's share price; his net...

Elon Musk to Become Earth&#39;s 3rd Richest Person
It's a Very
Good Day for
Elon Musk
Nov 17, 2020 7:37 AM CST

It's a Very Good Day for Elon Musk

Tesla CEO is about to become 3rd-richest person on the planet as his company joins S&P 500

(Newser) - Tesla and SpaceX CEO Elon Musk is set to overtake Facebook CEO Mark Zuckerberg as the world's third-richest person on Tuesday. Tesla's stock closed just above $408 on Monday but jumped 14% in after-hours trading following news that the company will join the S&P 500 index on...

SpaceX Capsule Reaches ISS
SpaceX Capsule Reaches ISS
Nov 17, 2020 12:03 AM CST

SpaceX Capsule Reaches ISS

Historic first such 'taxi' ride is complete

(Newser) - SpaceX’s newly launched capsule with four astronauts arrived Monday at the International Space Station, their new home until spring. The Dragon capsule pulled up and docked late Monday night, following a 27-hour, completely automated flight from NASA's Kennedy Space Center, the AP reports. The linkup occurred 262 miles...

A Historic First for SpaceX, NASA
A Historic First
for SpaceX, NASA
Nov 16, 2020 1:03 AM CST

A Historic First for SpaceX, NASA

Four astronauts are due to reach International Space Station Monday

(Newser) - SpaceX launched four astronauts to the International Space Station on Sunday on the first full-fledged taxi flight for NASA by a private company . The Falcon rocket thundered into the night from Kennedy Space Center in Cape Canaveral with three Americans and one Japanese national, the second crew to be launched...

Musk: Something 'Bogus' Is Happening With COVID Tests

He says he tested both negative and positive

(Newser) - Elon Musk says he was tested for the coronavirus after experiencing cold-like symptoms—but after four tests, he still doesn't know if he's infected. "Something extremely bogus is going on," the Tesla CEO tweeted Thursday night. "Was tested for covid four times today. Two tests...

Grimes Reveals New Name, Unusual Bonding With Her Baby

She goes by a single letter now

(Newser) - Forget about Baby Einstein—when Grimes chills with her infant son, they watch Apocalypse Now. "He's into radical art," the Canadian musician tells the New York Times . "Like, he just actually is, and I don't think it's problematic to engage with them on that...

Elon Musk: I Won't Get Coronavirus Vaccine

'I'm not at risk for COVID, nor are my kids,' Tesla CEO says

(Newser) - Elon Musk, who's made it quite clear he's a bit of a coronavirus skeptic , told Kara Swisher in an interview for a New York Times podcast that he won't be getting a COVID-19 vaccine when one is available. "I'm not at risk for COVID, nor...

Musk to US: You Owe Me Tariff Money, Plus Interest

Tesla, other major automakers suing the government over trade war with China

(Newser) - Elon Musk isn't just calling for the US to end new tariffs on Chinese products—he wants a refund for the money's he already paid, plus interest. Musk's car company, Tesla, filed a lawsuit against the US this week over the import tariffs, as did automakers Ford,...

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