Short-seller Hindenburg Research said on Wednesday it had taken a long position in Twitter shares and warned the social media firm’s lawsuit against Elon Musk, the world’s richest man, could pose a threat to his companies. Twitter‘s shares rose about 6 percent to $35.90 (nearly Rs. 2,900) on the news,…
SpaceX has fired employees who helped write and distribute an open letter criticizing Chief Executive Officer Elon Musk’s behaviour, the New York Times reported on Friday, citing three employees with knowledge of the situation. SpaceX President Gwynne Shotwell sent an email saying the company had investigated and “terminated a number…
A group of SpaceX employees derided flamboyant billionaire Chief Executive Officer Elon Musk as a “distraction and embarrassment” in an internal letter to executives. Musk, also head of electric automaker Tesla, has been in headlines and late-night comedy monologues in recent months for a tumultuous quest to buy social media…
NASA is set to launch a probe to the International Space Station (ISS) on June 10 that will monitor climate change on Earth. Named Earth Surface Mineral Dust Source Investigation (EMIT), this probe will study the composition of mineral dust from Earth’s arid regions and how the desert dust carried…
Boeing’s Starliner capsule is set to undock from the International Space Station tomorrow on May 25 and will make its return to Earth, landing in the White Sands Missile Range in New Mexico. NASA has made arrangements to broadcast the upcoming return activities live for the spacecraft. It is said…
Elon Musk is due to arrive in Brazil on Friday to discuss “connectivity and protection of the Amazon” with far-right President Jair Bolsonaro’s government, Communications Minister Fábio Faria announced in a tweet. Musk’s visit is a boost for Bolsonaro, who has found himself increasingly isolated on the global stage since…
Billionaire Elon Musk took to Twitter late on Thursday to denounce as “utterly untrue” claims in a news report that he had sexually harassed a flight attendant on a private jet in 2016. Business Insider reported earlier on Thursday that Musk’s SpaceX paid $250,000 (roughly Rs. 2 crore) in 2018…
Billionaire Elon Musk’s SpaceX is poised to become the most valuable US startup as its valuation rose to over $125 billion (roughly Rs. 9,68,906 crore) in an ongoing share sale in the secondary market, sources familiar with the matter told Reuters. The shares, which are marketed at about $72 (roughly…
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