The most direct competitor to Starlink, Amazon.com’s Project Kuiper, has changed its name to Amazon Leo. According to a statement on Thursday, the “Leo” in the new name refers to low-Earth orbit, aligning the brand more closely with the type of service it provides to its customers. “Like most early Amazon projects, the programme needed…
Tesla’s US$1-trillion, 10-year pay package to retain CEO Elon Musk is likely to be approved by shareholders at the company’s annual meeting in November even though the amount is staggering. That is because it was crafted with an eye on keeping Musk in place, addressing concerns about the company’s technical outlook and giving big company…
The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters US President Donald Trump signed an executive order on Wednesday to streamline federal regulation governing commercial rocket launches, a move that could benefit Elon Musk’s SpaceX and other private space ventures. Trump’s order, among other things, directs the US transportation secretary…
Nurphoto | Nurphoto | Getty Images Elon Musk is now a driving force in prediction markets. Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi‘s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival. Kalshi, the company that turned heads with a made-with-AI…
In a surprise development, Elon Musk-owned social platform X’s CEO, Linda Yaccarino, has said she has resigned from the role. Her exit comes at a difficult time for Musk, who is dealing with falling sales at his electric vehicle maker Tesla and is embroiled in a war of words with US President Donald Trump. Yaccarino…
Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Shares of Tesla were under pressure on Tuesday after President Donald Trump said in a late-night…
The explosion on Thursday morning South African time was caught on camera. Image: TheRocketFuture SpaceX’s massive Starship spacecraft exploded into a dramatic fireball during testing late on Wednesday Texas time, the latest in a series of setbacks for billionaire Elon Musk’s Mars rocket programme. The explosion occurred around 11pm local time (Thursday, 6am SAST) while…
