Twitter deal could bolster lawsuit over Musk’s $56 bln Tesla pay

Twitter deal could bolster lawsuit over Musk’s $56 bln Tesla pay

Elon Musk’s $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO’s $56 billion pay package from Tesla Inc is a waste of money that failed to secure his full-time services. The deal for Twitter Inc and its potential to distract Musk from Tesla will … Read more

‘Ye cheez badi hai Musk, Musk’: Amul reacts to Twitter deal with new doodle

‘Ye cheez badi hai Musk, Musk’: Amul reacts to Twitter deal with new doodle

The world can’t stop talking about Elon Musk taking over the popular social networking site Twitter and so is Amul. The dairy brand is known for its creative graphics and wordplay over important socio-political events, and trending issues didn’t miss out on the biggest news of the business world this week too. This time the … Read more

Explainer: What Elon Musk’s dance with Twitter really means

Explainer: What Elon Musk’s dance with Twitter really means

Tesla CEO Elon Musk‘s great Twitter turnabout – in which he disclosed his massive stake in the social media company, got a seat on its board, publicly floated drastic changes and then turned down the board role – all happened in a week. But its aftermath could linger if the mercurial billionaire who now holds … Read more

Elon Musk to join Twitter CEO for staff Q&A next week

Elon Musk to join Twitter CEO for staff Q&A next week

Elon Musk, who was added to Twitter Inc.’s board after accumulating a stake in the social network, will join Chief Executive Officer Parag Agrawal at a company all-hands meeting next week to address employee questions. Agrawal will host Musk at the Q&A session to help ease internal concerns about the impact the billionaire will have … Read more

Biden administration holds EV industry meeting with Tesla’s Musk, GM’s Barra

Biden administration holds EV industry meeting with Tesla’s Musk, GM’s Barra

The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla Chief Executive Elon Musk and General Motors Chief Executive Mary Barra to discuss electric vehicles and charging. The administration said in a statement “there was broad consensus that charging stations and vehicles need to be interoperable and provide a … Read more

Elon Musk’s SpaceX Falcon 9 launches India’s first commercial satellite ‘Shakuntala’ – why this is stunning moment for ‘desi’ space firms

Elon Musk’s SpaceX Falcon 9 launches India’s first commercial satellite ‘Shakuntala’ – why this is stunning moment for ‘desi’ space firms

Pixxel, the Indian Spacetech startup has launched its first commercial satellite called `Shakuntala’. This is a full-fledged commercial satellite that has been launched with Elon Musk-run SpaceX`s Falcon-9 rocket. The satellite hosts one of the highest resolution hyperspectral commercial cameras that have ever been flown to space, which brings it a step closer to building … Read more

Tesla may head for trial over Musk’s ’18 tweet

Tesla may head for trial over Musk’s ’18 tweet

Elon Musk‘s assertion that his now-infamous 2018 tweet about taking Tesla private was true drew scepticism from a judge. The billionaire and his electric-car company may soon be headed to trial in a fight with shareholders who allege the Twitter post cost them billions of dollars in losses. To fend off allegations that the missive … Read more

China says Musk’s SpaceX satellites came close to its space station twice, endangering astronauts

SpaceX

Apart from SpaceX, other commercial companies have also announced plans to further populate space with their own internet service constellations, including Amazon, OneWeb and Telstar.  China on Tuesday alleged that US billionaire Elon Musk-owned SpaceX’s satellites had two “close encounters” with its space station in orbit, and has complained to the UN about the incidents … Read more

US will no longer issue Astronaut Wings for commercial space travel: Here’s why

Branson AP 1

Access to space has become much easier in recent times with Virgin Galactic, Blue Origin, and SpaceX working to provide non-astronauts with space flights. The US Federal Aviation Administration (FAA) on Saturday said it would no longer issue Commercial Space Astronaut Wings, instead recognising on its website individuals that reach space. Astronaut wings are pins … Read more