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The world’s first trillionaire is a killer

Elon Musk makes a gesture at the inauguration
Hm! | Photo: Kristen Radtke / The Verge; Getty Images

Elon Musk's SpaceX IPO will probably make him the richest person to ever walk the planet. And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk's actions directly led to the deaths of hundreds of thousands of people. He did it knowingly. And, worse - gleefully.

This is not a serious person, but his abuse of the world is deadly serious. In the first months of President Donald Trump's second term, the Musk-led Department of Government Efficiency (DOGE) destroyed the US Agency for International Development, whose mission was a boon to public health around the globe. M …

Read the full story at The Verge.

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A trillion dollars is a stupid amount of money

Elon Musk in front of a background of falling money.

Elon Musk is now officially the world's first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our world. But let's try to comprehend it anyway.

The most frequently cited comparison is time. If you were to count out a million seconds, it would take you 11 and a half days. A billion seconds would take you 31.7 years. But a trillion seconds would take 31,700 years - to reach that point today, you would have needed to start counting in the Pa …

Read the full story at The Verge.

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SpaceX’s massive IPO: all the latest news

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SpaceX entre en Bourse : l’histoire folle d’une start-up d’Elon Musk devenue géant du spatial

SpaceX n'a pas toujours été l'empire industriel dirigé par un militant d'extrême-droite mégalo que l'on connaît aujourd'hui. Avant d'atteindre les sommets dans le domaine de l'aérospatial, l'entreprise avait commencé comme beaucoup d'autres. 

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SpaceX is public: Everything you need to know post-IPO

TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.
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SpaceX is now public

Elon Musk with big green arrow pointing up and money falling from the sky.

SpaceX is now a publicly traded company.

In one of the most highly anticipated and controversial public offerings of all time, the rocket venture helmed by Elon Musk started trading on Nasdaq on June 12th at the take-it-or-leave-it price of $135-per-share - though most retail investors will likely pay far more.

The IPO is historic for many reasons: SpaceX is hoping to raise $75 billion under the ticker symbol SPCX, which would make it the largest public offering in history. The company is controlled by Musk, who also runs Tesla, another trillion-dollar company. The IPO is expected to make Musk, who is set to control 85 percent of the voti …

Read the full story at The Verge.

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SpaceX estreia-se hoje na bolsa com o maior IPO da história. Elon Musk pode tornar-se no primeiro trilionário do mundo

A empresa espacial de Elon Musk fixou o preço a 135 dólares por ação, numa avaliação de 1,77 biliões de dólares que "pulveriza" todos os recordes anteriores. As ações da SPCX estreiam-se hoje às 14:30 (hora de Portugal continental) no Nasdaq.

The post SpaceX estreia-se hoje na bolsa com o maior IPO da história. Elon Musk pode tornar-se no primeiro trilionário do mundo appeared first on Tek Notícias.

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Elon Musk is encouraging race riots on the eve of SpaceX’s IPO

Elon Musk in front of a background of geometric shapes.

Elon Musk, on the verge of becoming the world's first trillionaire, is whipping up anti-immigration tensions amid ongoing riots in Belfast, Northern Ireland. Following a knife attack in the city on Monday, Musk declared support for Restore Britain, a hard-right populist political party that advocates for large-scale migrant deportation in the UK. He reposted statements from party leader Rupert Lowe calling for "a vast number of people" to be forced out of the country, as well as a promise from Lowe to "prosecute officials and politicians who knowingly placed dangerous third world savages in our communities." "This is the way," Musk added to …

Read the full story at The Verge.

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Tesla pushes Roadster demo to August as SpaceX thruster work continues

Tesla has pushed the planned public demo of its next-generation Roadster to August or later, according to a report from The Information citing four people with knowledge of the program. It marks yet another delay for the vehicle first unveiled as a prototype nearly nine years ago.

The demo, expected to take place in Texas, is meant to showcase the SpaceX cold gas thruster system that Tesla claims will allow the Roadster to achieve extreme acceleration and even lift off the ground.

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Tesla’s own AI trainers don’t trust ‘Full Self-Driving’ or its safety stats, Reuters finds

A major Reuters investigation published today reveals that Tesla’s widely touted “Full Self-Driving” safety statistics are built on deeply flawed methodology — and that the company’s own data labelers, the workers who train the AI system, don’t trust the technology to drive them.

The report, based on interviews with nine former Tesla data labelers, a former self-driving engineer, and 11 traffic-safety researchers, paints a damning picture of the gap between Tesla’s safety marketing and the reality of its autonomous driving program.

more…
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SpaceX quer entrar em bolsa com ações a 135 dólares e levantar 75 mil milhões

Os planos da empresa de Elon Musk, incluindo o valor que pretende angariar, ainda podem mudar à medida que decorrem as reuniões com investidores. Espera-se que a entrada em bolsa da SpaceX, prevista para 12 de junho, dê início a uma nova onda de mega-IPOs.

The post SpaceX quer entrar em bolsa com ações a 135 dólares e levantar 75 mil milhões appeared first on Tek Notícias.

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