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 […]
Leaders of major companies inevitably become famous, becoming aspirational figures beyond their domain. But that’s not the same as celebrity in the sense of public prominence way beyond what follows from doing their job: rockstar antics, glorying in attention, playful exhibitionism in social media, a sense of glamour as much as achievement. So we have […]
Between Elon Musk and Martha Stewart, you may be asking how the rich rest. Here, we explore the sleeping habits of some of the world’s most successful celebrities and investigate whether imitating their night-time routines could unlock your true potential. Elon Musk Let’s make a disclaimer: we’re not saying that following Elon Musk’s sleeping habits […]
Musk said that it would be difficult to go public before the company’s cash flow has stabilised. However, in a tweet, he said that he would do his best to “give long-term Tesla shareholders preference.” The billionaire’s tweet came in response to a Twitter user asking whether Musk had any thoughts on a Starlink IPO […]
On Tuesday, Starlink’s president Gwynne Shotwell said that by September, SpaceX will be able to beam down Starlink satellite broadband to the entire globe, with around 1,8000 satellites already deployed. By mid-2027, SpaceX hopes to have launched around 42,000 Starlink satellites into low-Earth orbit. However, president Shotwell has said that SpaceX will need to receive […]
Billionaire Tesla and SpaceX CEO Elon Musk has announced that he plans to sell off his remaining home, located in California’s Bay Area, to fund a Mars colony. Musk has already sold his other properties to fund the endeavour. Throughout 2020, he sold six of his Californian properties, and another in 2019, for a combined […]
Tesla will begin deliveries of its new Model S Plaid after the once-rescheduled “delivery event” for its high-performance version of its flagship electric sedan finally took place on Thursday. Tesla will initially make 25 deliveries on Friday evening, expanding to hundreds of cars per week, then a thousand cars per week in the next phase. […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
