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Musk Tells SpaceX Team Company Is on Verge of Bankruptcy Amid Troubled Engine Production - Report

SpaceX, which employs 7,000 people, is valued at more than $100 billion. NASA has awarded it a $2.9 billion contract to create a lunar lander capable of carrying astronauts to the moon. However, the current production situation presents a significant obstacle to achieving that goal by the intended date.

This Fashion Billionaire Plans To Hand Out Cash From Space

Japanese billionaire Yusaku Maezawa blasted off from the Baikonur Cosmodrome in Kazakhstan Wednesday on a Soyuz spacecraft taking him to the International Space Station for a 12-day trip.

Biden's Electric Vehicle Bill Should Not Pass Congress, Says Elon Musk

Tesla's billionaire entrepreneur Elon Musk is escalating criticism about the Biden administration and Democrats for a proposal to give union-made, US-built electric vehicles an additional $4,500 tax incentive.

Elon Musk homeless! Billionaire finally finds a buyer for his 'last remaining house'

Elon Musk can finally focus on funding a 'colony on Mars' after he scored a buyer for his 'last remaining house'.

Will AI turn humans into 'waste product'?

A tech guru warns that robots that think for themselves may take over the world and use weapons of mass destruction to wipe out mankind. Is it time to worry?

Tungsram takes up Elon Musk’s USD 6 bln challenge

Hungarian technology innovator Tungsram is proposing an answer to Elon Musk’s USD 6 billion offer to the United Nations World Food Program to alleviate world hunger. Indoor farming, food factories for Africa, and integrated food clusters for metropolitan areas are sustainable solutions to the global food crisis. Tungsram recently opened its R&D vertical farm in Budapest, the first of its kind in Central Europe.

Jack Dorsey called founder-CEOs 'a single point of failure' - here are some other founder-CEOs

Former Twitter CEO Jack Dorsey cited the reasoning behind stepping down as being rooted in his belief that company founders serving as CEOs is “severely limiting” and represents a “single point of failure.” In light of his announcement, here are some other company founders currently serving as CEOs.

Tesla decides against state aid for German battery plant as Musk opposes subsidies

Tesla (TSLA.O) said on Friday it has withdrawn its application for state aid for its planned battery factory near Berlin as CEO Elon Musk declared the electric vehicle maker opposed all subsidies.

Musk Rails Against State Aid as Tesla Pulls Application for $1.28 Bln in Subsidies for Berlin Plant

Back in January, the European Union approved a plan that would grant several companies, including Tesla Inc. and BMW AG, a total of €2.9 billion ($3.5 billion) in state aid for battery projects that would strengthen the 27-nation bloc's capacity to produce more electric vehicles. The series of projects are slated for completion by 2028.

Bitcoin Paternity Test: Scientists Fight in Court for Title of Cryptocurrency's Inventor - Report

One of the main features of the fully decentralised payment system is that its creator, or group of creators, remains incognito to this day, despite countless attempts by the media to identify the creator of the most expensive cryptocurrency in history, who is only known under the alias Satoshi Nakamoto.

Richard Branson surprises Caribbean woman who won 2 tickets on Virgin Galactic space flight

Virgin Galactic founder Richard Branson surprised Keisha Schahaff, 44, a health coach from Antigua and Barbuda has won two tickets worth almost $1 million to be among Virgin Galactic's first space tourists -- and plans to take the trip of a lifetime with her teenage daughter.

Uber driver hopefuls challenge Hong Kong officials in court over permit refusals

Tesla motorists Chen Hai-tao and Yin Wai-ho wanted to use the ride-hailing app to take passengers, but their applications for permits were refused.

Electric vehicles: New homes will be required to have EV charging stations from 2022, Boris Johnson to announce

The UK government wants to ban the sale of traditional petrol and diesel cars and vans by 2030, with hybrids allowed until 2035.

Tech this week: Teen arrested over €32 million crypto heist

A multimillion crypto heist by a teenager, Elon Musk continues his Tesla stock sale and a €35 million cryptocurrency bid for a US Constitution. Here's your weekly tech round up.

Who is Satoshi Nakamoto? Two men claimed to be the inventor of Bitcoin

Depending on who you believe, computer scientist Craig Wright is either the mysterious Bitcoin creator Satoshi Nakamoto — one of the most influential men of the modern age and the 15th wealthiest person in the world — or a crafty Aussie who is trying to trick the world and cheat the estate of a dead man.

Cryptocurrencies Can Destabilize Nations, Hillary Clinton Warns

"What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for undermining the role of the dollar as the reserve currency, for destabilizing nations, perhaps starting with small ones but going much larger," she said.

Elon Musk Says First Orbital Flight For Moon Rocket In Early 2022

US space agency NASA is betting on Starship to become the lander used as part of its Artemis program to take humans back to the Moon, in 2025 at the earliest.

JPMorgan sues Tesla for $162m after Musk tweets soured share deal

Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private

Watchdog investigates tube adverts for Floki Inu cryptocurrency

Advertising Standards Authority receives complaints about ads for meme coin named after Elon Musk’s dog

Elon Musk In Talks With Brazil For SpaceX Satellite Internet In Amazon Rainforest

SpaceX would also use its satellites to help police the destruction of the world's biggest rainforest, the ministry added.

Billionaires and celebs are right to fear climate change

Don’t you just hate being preached to about climate change by people who pollute way more than you? To mark the end of COP26, we look at some of the wealthy A-listers who could bear the brunt of the impending doom.

Elon Musk Sells $1.1Bln in Tesla Stock to Cover Tax Obligations

In late October, Musk slammed a proposal initiated by Democrats in the US Congress to tax the investment gains of billionaires, which envisages using the revenue to cover social and economic programs, like child care and environment initiatives.

Elon Musk Reveals Identity of Person Who Came Close to 'Killing Tesla'

The CEO of the world’s most valuable carmaker said that he is considering creating a podcast to explain what happened at Tesla in the early days of the company. His statement comes several months after the release of the book “Power Play: Tesla, Elon Musk and the Bet of the Century”, which Musk called both “false and boring”.

Ban ads for cryptocurrencies at stations and on buses, TfL urged

Posters for unregulated meme coin in UK capital prompt calls for action