Tag: spaceX
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Tesla overcomes setbacks, produces first Cybertruck after two years
Tesla announced via a tweet that its inaugural Cybertruck has been successfully manufactured at the company’s Austin, Texas plant, marking the end of a two-year delay.
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SpaceX introduces internet service allowing customers to connect ‘anywhere on Earth’
SpaceX, the renowned aerospace company led by Elon Musk, has introduced a groundbreaking service called Starlink Mobility. This innovative offering allows customers to access SpaceX’s space-based Starlink internet service from almost anywhere on the planet, even while in motion.
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Twitter sued for failing to pay San Francisco office rent
Elon Musk’s social media company is being sued by California Property Trust, the owner of the building where Twitter’s headquarters are located, for failing to pay $136,250 in rent.
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Twitter to roll out new ‘Official’ badge for prominent accounts
When it debuts its new $8 service with the blue verification badge, billionaire Elon Musk’s social media platform Twitter will introduce an ‘Official’ tag for select verified accounts, including prominent media outlets, celebrities and authorities, its early stage products executive Esther Crawford said on Tuesday. Twitter’s safety and integrity chief, Yoel Roth, stated that the business delayed the…
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SpaceX fires employees involved in letter criticising CEO Elon Musk
Elon Musk’s SpaceX has fired several employees as a result of a letter criticising the vocal billionaire’s public behaviour, according to a message to employees confirmed by AFP on Friday. SpaceX chief operating officer Gwynne Shotwell wrote in an email late Thursday that a “small group” of employees sought signatures from their coworkers as a…
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Musk says no Twitter deal without clarity on bot accounts
The tech mogul Elon Musk and Twitter CEO Parag Agrawal are arguing about bots, which Musk has made a core issue in his acquisition of the microblogging site. On the other hand, Agrawal outlined Twitter’s approach to spam accounts and the obstacles it faces in dealing with them in a series of tweets on May…
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Elon Musk plans to fire Twitter employees to save money
Tesla and SpaceX CEO Elon Musk is putting his plans into action after acquiring Twitter for $44 billion. In an attempt to obtain money for the takeover, he told banks that he wanted to cut the salaries of board members and executives and also pitched ideas for monetizing tweets. Musk presented the pitch to the financiers just days…
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Elon Musk offers $43 billion to acquire Twitter
Elon Musk has submitted a takeover bid for Twitter, offering $54.20 per share, days after becoming the group’s largest shareholder. This is an offer worth more than $43 billion. According to a Securities and Exchange Commission (SEC) filing, Mr. Musk described this as a “best and last offer,” reflecting a 54 per cent premium over the…
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Elon Musk is no longer joining Twitter board as the microblogging network is “dying”
The CEO of Tesla and SpaceX, Elon Musk will not be joining the Twitter board of directors, according to Twitter’s CEO Parag Agrawal. Musk’s appointment on the board was supposed to start on April 9, however, he announced that he would no longer be joining. Agrawal posted a statement on April 10, saying Musk’s appointment to the…
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Tesla’s CEO Elon Musk to join Twitter board after investing $2.9 billion in the platform
Elon Musk, the world’s richest man, has been chosen for Twitter’s board of directors, just one day after it was confirmed that he is the social media platform’s largest shareholder, holding a 9.2 per cent stake. On April 5, Twitter’s CEO Parag Agrawal said he was excited to announce Musk’s membership to the company’s board of directors. …