Apr 25, 2022
Elon Musk is buying Twitter for $44 billion
Posted by Genevieve Klien in category: Elon Musk
Elon Musk, the billionaire SpaceX and Tesla CEO, will acquire Twitter for $54.20 per share in a deal worth about $44 billion.
Elon Musk, the billionaire SpaceX and Tesla CEO, will acquire Twitter for $54.20 per share in a deal worth about $44 billion.
The company’s board and the Tesla CEO hammered out the final details of his $54.20 a share bid.
The agreement marks the close of a dramatic courtship and a sharp change of heart at the social-media network.
Elon Musk acquired Twitter for $44 billion on Monday, the company announced, giving the world’s richest person command of one of its most influential social media sites — which serves as a platform for political leaders, a sounding board for experts across industries and an information hub for millions of everyday users.
Continue reading “Elon Musk acquires Twitter for roughly $44 billion” »
Elon Musk’s SpaceX has signed its first ever deal with a major U.S. airline to provide wireless internet to passengers for free using the Starlink satellite network.
The deal with Hawaiian Airlines, which could be implemented as soon as next year, is expected to increase pressure on rival airlines to provide free Wi-Fi for passengers.
“Hawaiian doesn’t currently offer inflight Wi-Fi and has an extensive network of flights over the Pacific Ocean, serving the mainland U.S., Japan, Australia and New Zealand, among other destinations, from Hawaii,” CNBC reported. “It plans to offer Starlink connectivity on its flights out of its home state to cities throughout the mainland U.S. and to its international destinations.”
Elon Musk believes his Neuralink brain chip could help treat morbid obesity. Experts say the billionaire’s dream isn’t as far-fetched as it may seem.
“I don’t think it is any more implausible than other claims for the potential of neurotechnology,” Professor Andrew Jackson, an expert in neural interfaces at Newcastle University, told Insider.
Could SpaceX be heading to Uranus next? The National Academies of Sciences, Engineering, and Medicine seems to think it should. The organization has released its latest decadal survey of planetary science and astrobiology. According to a report by Teslarati published on Wednesday, the survey hints that NASA should undertake a flagship mission to Uranus on SpaceX’s Falcon Heavy rocket.
The Uranus Orbiter and Probe
The mission is not entirely new. Called the Uranus Orbiter and Probe (UOP), the proposal has been under work for several years by a team that includes scientists from NASA, the University of California, and Johns Hopkins University. Now, with SpaceX’s Falcon Heavy rocket, the researchers feel they have the technology to make their long-held dream a reality.
“I cannot take your philanthropy on climate change seriously when you have a massive short position against Tesla,” Musk told Gates, per the texts.
Tesla first announced the robot last summer, and says the first models will arrive next year.
To SpaceX and Tesla CEO Elon Musk, the future is teeming with humanoid robots.
During a lengthy and freewheeling conversation with TED’s Chris Anderson last week, Musk expanded on his vision of what it could look like to share everyday life with automatons doing our bidding.
Continue reading “Elon Musk Says He Could Make ‘Catgirl’ Sex Robots If He Wanted To” »
Musk’s latest compensation windfall, which must be certified by Tesla’s board, comes days after he offered to buy Twitter for $43 billion, with analysts suggesting he could sell Tesla shares to help finance the deal.
Musk already is the world’s richest person, according to Forbes.
Tesla reported quarterly revenue of $18.76 billion and so-called adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.02 billion. Combined with the previous three quarters’ results, that surpasses milestones that trigger the vesting of the ninth through 11th of 12 tranches of options granted to Musk in his 2018 pay package.