SpaceX touts possible Tesla merger
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Elon Musk, Dem
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A decision by Elon Musk led to restrictions on Ukraine's use of SpaceX's satellite communications network, people familiar with the matter told CBS News.
Elon Musk's planned SpaceX stock donation could come with strings attached if he uses Trump Accounts. New Treasury rules limit when children can sell shares.
The value of the promised gift to each child would currently be around $146, based on SpaceX stock's closing price on Friday.
The earnings report is the second since SpaceX raised $86bn in the largest initial public offering ever in June at a $2tn valuation. The shares initially surged but they have shed about half their value, from a peak of $225 in the week after going public to $148 on Tuesday.
Anthropic, an A.I. rival to SpaceX, earlier said it would form a “public benefit fund” and other tech moguls have contributed to savings accounts for children.
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Elon Musk says money will be 'irrelevant' if his vision of a multiplanetary future comes true
Elon Musk says "money becomes irrelevant" in a multiplanetary economy, and nearly all of his fortune will be taxed away within a few generations.
Love him or hate him, Elon Musk has some big wins under his belt and has been at the forefront of some of this century's biggest tech trends. He also has a deserved reputation for making highly optimistic forecasts that don't pan out and setting project goals that wind up being way off from eventual results.
Tesla’s long-promised, mythologized Roadster finally made its public debut. It did not just roll onto the stage — it took flight.
