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Archive for the ‘Elon Musk’ category: Page 82

Feb 19, 2022

Elon Musk’s SpaceX to split its private stock 10-for-1

Posted by in categories: Elon Musk, space travel

Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than $100 billion.

The split means that for each share of SpaceX stock owned as of Thursday, a holder now has 10 shares after the conversion. With SpaceX valued at $560 a share during its most recent sale, the split reduces SpaceX’s common stock to $56 a share, according to a company-wide email obtained by CNBC.

“The split has no impact on the overall valuation of the company or on the overall value of your SpaceX holdings,” the email said.

Feb 19, 2022

Elon Musk’s Boring Company Plots Texas Tunnels

Posted by in categories: Elon Musk, habitats

Documents show plans for an R&D facility with employee housing.

Feb 18, 2022

Elon Musk gave a mysterious $5.7 billion donation weeks after he dared the UN to show him its plan for solving world hunger

Posted by in categories: Elon Musk, food

The UN World Food Program executive director David Beasley said global elites should step up, and that $6 billion would help feed people at risk of starvation.


Virgin Galactic announced on Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors.

Feb 17, 2022

Tesla hit with disturbing racial discrimination allegations… again

Posted by in categories: Elon Musk, space travel, sustainability

SpaceX readies Starship.

Tesla needs a major change.

Continue reading “Tesla hit with disturbing racial discrimination allegations… again” »

Feb 17, 2022

Billionaire astronaut Jared Isaacman buys more private SpaceX flights, including one on Starship

Posted by in categories: Elon Musk, space travel

Jared Isaacman, the billionaire founder of payments company Shift4 who flew on the first private SpaceX flight to orbit last year, has purchased as many as three more flights from Elon Musk’s company.

The first mission in the so-called Polaris Program is set to launch a four-person crew led by Isaacman in the fourth quarter with the company’s Falcon 9 rocket and Crew Dragon spacecraft. According to the program’s website, the augural flight, Polaris Dawn, will be the first of up to three missions, with the final one to be the first crewed spaceflight of SpaceX’s Starship rocket.

“The Polaris Program is an important step in advancing human space exploration while helping to solve problems through the use of innovative technology here on Earth,” Isaacman said in a statement.

Feb 17, 2022

MIT Researcher Says Yes, Advanced Neural Networks May Be Achieving Consciousness

Posted by in categories: Elon Musk, robotics/AI, space

Amid a maelstrom set off by a prominent AI researcher saying that some AI may already be achieving limited consciousness, one MIT AI researcher is saying the concept might not be so far-fetched.

Our story starts with Ilya Sutskever, head scientist at the Elon Musk cofounded research group OpenAI. On February 9, Sutskever tweeted that “it may be that today’s large neural networks are slightly conscious.”

In response, many others in the AI research space decried the OpenAI scientist’s claim, suggesting that it was harming machine learning’s reputation and amounted to little more than a “sales pitch” for OpenAI work.

Feb 16, 2022

Elon Musk Starship update: What to expect from the major announcement

Posted by in categories: Elon Musk, space travel

“It will obsolesce all existing launch systems”.

Elon Musk recently provided the first big update on SpaceX’s Mars-bound rocket, Starship, and its competitors are watching on with a mix of awe and horror\.

Continue reading “Elon Musk Starship update: What to expect from the major announcement” »

Feb 16, 2022

The most powerful advanced military uniforms of the armies of the world | New Military Technologies

Posted by in categories: Elon Musk, military, robotics/AI

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You are on the PRO Robots channel and today we will try to answer the question what is the most powerful and technologically advanced military uniform in the world? To do this, let’s look at the most high-tech outfits of the armies of the world and what they should make the soldiers of the future. And let’s also take a look at what other future technologies are being developed for armies and soldiers around the world. Watch the video to the end and write in the comments, which army’s equipment impressed you the most?

Continue reading “The most powerful advanced military uniforms of the armies of the world | New Military Technologies” »

Feb 15, 2022

Elon Musk gave 5 million Tesla shares to charity after teasing possible donation to fight world hunger

Posted by in categories: Elon Musk, food, sustainability

Tesla Inc. Chief Executive Elon Musk donated more than 5 million Tesla shares in November, days after the U.N. World Food Program outlined a plan to potentially use a $6 billion donation from the world’s richest man.

A filing with the Securities and Exchange Commission made public Monday showed the donation, but not the recipient. The Tesla TSLA, +4.48% shares were transferred in batches between Nov. 19 and Nov. 29, as Musk was also selling Tesla stock in preparation for a large tax bill.

Feb 15, 2022

Tesla’s Elon Musk donates over 5 million TSLA shares to charity, reveals SEC filings

Posted by in categories: Elon Musk, sustainability, transportation

Tesla CEO Elon Musk donated over 5 million TSLA shares to an undisclosed charity, according to a SEC Form 5 filed on Monday, February 14, 2022.

The filing reveals that Elon Musk donated approximately 5,044,000 TSLA shares worth about $4.42 billion, considering that Tesla stock is priced at $875.76 as of this writing. Based on the SEC filing, Elon Musk started donating the stocks on November 19, 2021, a time when over 5 million TSLA shares were worth roughly $5.74 billion.

The transaction code for the stock was filed under “G,” which stands for “Gift of securities by or to the insider” or “Bonafide gift.” Under “Explanation of Responses,” the filing reads: “Represent a bona fide gift of the Issuer’s common stock by the Reporting Person to charity.” The charity Elon Musk donated to was not revealed.

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