The launch came just two days before the planned launch of another Falcon 9 from Florida on Wednesday, which is set to carry four passengers in what will be the first non-government commercial flight to orbit. The Inspiration4 mission was chartered by American billionaire businessman and pilot Jared Isaccman to raise funds for the St. […]
In September last year, multinational tech company Nvidia struck a deal with Japan’s SoftBank Group to purchase UK-based chip designer Arm Holdings. However, the proposed deal has sparked much concern. In April, the UK government announced it would be examining the potential sale of Arm on national security grounds. In addition to Musk, e-commerce giant […]
The billionaire entrepreneur said that the “Tesla Bot” will stand around 5 ft 8in tall and will weigh approximately 125lbs, designed to do work that is “boring, repetitious, and dangerous”. The bot would be able to undertake a range of tasks, from attaching bolts to cars to picking up groceries in shops. Musk has also […]
The Amazon founder’s space company has argued that the contract was unfairly awarded to SpaceX and has filed a suit with the US Court of Federal Claims. In a statement, Blue Origin said: "We firmly believe that the issues identified in this procurement and its outcomes must be addressed to restore fairness, create competition, and […]
On Tuesday, a watchdog reported that the space agency’s current programme is behind schedule and will cost over $1 billion. In a tweet, Musk said that his company SpaceX could produce the spacesuits if need be. In the past, SpaceX has developed and produced flight suits for astronauts who launched into orbit on the company’s […]
The SpaceX subsidiary is in the final stages of securing a licence to establish a ground station on the Isle of Man. The company has already acquired the right to use particular spectrum bands, has acquired a telecoms licence, and has received the go-ahead to install equipment on the island. Alongside its bases in Cornwall […]
In an open letter to NASA administrator Bill Nelson, Bezos said he would waive up to $2 billion in contract payments for the first two years if NASA agrees to add his space company, Blue Origin’s, lunar lander to a key phase of its Human Landing System programme. The programme will see humans landing on […]
In the three months to the end of June, Tesla saw sales rise to $12 billion, a figure which has doubled from a year ago when its US factory was shut down. Over the same time period, the electric car manufacturer has said it delivered a record 200,000 vehicles to customers, adding that public support […]
Revolut is now the UK’s most valuable fintech firm ever, making co-founder Storonsky, who owns more than 20% of the company, a paper billionaire several times over. His net worth is estimated to sit around the $7 billion mark, up from $1.1 billion not long over a year ago in March 2020. Over the past […]
The billionaire Virgin Group founder flew high above New Mexico, US, in the rocket plane that Virgin Galactic has been developing for close to two decades. Richard Branson said the trip was an experience of a lifetime, safely returning to Earth following his flight to the edge of space, which lasted just over an hour. […]
Professor Stephen Wyatt looks to the battle between Tesla and General Motors to explore why past performance is becoming irrelevant. In 1934 Benjamin Graham addressed the question of how much a company’s share price should be with a formula [ (E x G)/K2 + (D/K) ]. E is the company’s earnings, G is the rate of […]
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