Tesla proposes package for Musk that could top $1 trillion
Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies. The plan, which runs for 10 years and must be approved by shareholders, provides Musk with up to 12 percent of current total shares, according […]
After repeated explosions, new test for Musk’s megarocket
Elon Musk’s SpaceX announced Friday that its Starship megarocket is scheduled to blast off on a new test flight next weekend after recent attempts have ended in fiery explosions. The biggest and most powerful launch vehicle in history is planned to return Americans to the Moon — and is central to the dreams of colonizing […]
Telegram to get $300 mn in partnership with Musk’s xAI
Telegram established a partnership with Elon Musk’s xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram’s CEO announced Wednesday. In exchange for implementing Grok across its platforms, Telegram will receive $300 million in cash and equity, plus 50 percent of the revenue from xAI subscriptions sold via […]
