SpaceX see significant inflation risks
Tesla Inc Chief Executive Officer Elon Musk said that the U.S. electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics. He asked via tweet about inflation rate outlook and said his companies are not alone. Russia’s invasion of Ukraine has been ramping up the prices of metals used […]
Tesla’s Musk seeks to end SEC muzzle
Tesla Inc Chief Executive Elon Musk asked a federal judge to terminate his 2018 agreement with the top U.S. securities regulator. Musk also asked the judge to block a U.S. Securities and Exchange Commission (SEC) subpoena requesting records of pre-approval of a Twitter poll he conducted in November. Musk’s lawyers wrote to U.S. District Judge Alison […]
STARLINK satellite internet service gets 500,000 preorders, Musk says
More than 500,000 pre orders have been received by SpaceX, for its Starlink satellite internet service. Founder Elon Musk stated that there are no technical problems anticipated meeting the demand. Responding to a post from a CNBC reporter that said the $99 deposits SpaceX took for the service were fully refundable and did not guarantee service, […]
Does AI pose a threat?
The greatest scientist and physicist of all time Stephen Hawking shortly before his death postulated some theories in 2017. He said “Success in creating effective AI could be the biggest event in the history of our civilization. Or the worst. We just don’t know. So, we cannot know if we will be infinitely helped by […]