Elon Musk

November 13, 2024 11:50 AM

Trump selects Vivek Ramaswamy, Elon Musk to lead new US Department of Government Efficiency

U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to helping Trump get elected. Musk and former Republican presidential candidate Vivek Ramaswamy will co-lead a newly created Department of Government Efficiency, an entity Trump indicated will operate outside the confines of government. Trump said in a statement that Musk and Ramaswamy "will ...

November 12, 2024 4:37 PM

Musk’s Starlink gets Chad go-ahead to improve internet access

Chad said on Tuesday it had approved the licensing of Elon Musk's satellite internet provider Starlink to improve access to internet services in the central African country. Starlink, the satellite unit of SpaceX, operates in several African countries but has faced regulatory challenges in others and resistance from state telecoms monopolies. "We have been talking to Starlink since 2021 and we have managed to agree on the essentials," Chad's Communications Minister Boukar Michel told Reuters b...

November 6, 2024 5:15 PM

How Trump’s second administration affects business: Musk, tariffs and more

Donald Trump's return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch: WHAT ROLE WILL ELON MUSK PLAY? After some nudging from the world's wealthiest person, Trump has said he would tap Tesla CEO Elon Musk to lead a new government efficiency commission. M...

October 14, 2024 10:03 AM

Moon race, private competition in focus as space powers gather in Milan

The world's space agencies are meeting in Milan this week as geopolitical rivalry fuels a new global race in Earth's orbit and on the moon, with heavy involvement from a private sector toiling to keep pace with Elon Musk's dominant SpaceX. The International Astronautical Congress (IAC) since 1950 has been a venue for the scientists, engineers, companies and political leaders of spacefaring nations to discuss cooperation, even in times of heightened tensions among world powers. This year's conf...

October 11, 2024 9:59 AM

Tesla CEO Musk unveils ‘Cybercab’ robotaxi as focus shifts to automation

Elon Musk showcased a robotaxi with two gull-wing doors and no steering wheel or pedals at a splashy event on Thursday and added a robovan to the roster as Tesla's goal shifts from low-priced mass-market automaker to robotics manufacturer. Musk reached the stage in a "Cybercab" which he said will go into production in 2026 and be priced less than $30,000. He said operation will cost 20 cents a mile over time and charging will be inductive, requiring no plugs. He said the cars rely on artificia...

September 12, 2024 9:37 PM

Billionaire and engineer conduct first private spacewalk in SpaceX mission

Two astronauts - a billionaire and an engineer - completed the world's first private spacewalk in orbit on Thursday outside a SpaceX capsule, wearing a new line of spacesuits in a risky feat previously exclusive to astronauts from national space programs. The astronauts on the Polaris Dawn mission went one at a time, each spending about 10 minutes outside the gumdrop-shaped Crew Dragon capsule on a tether, as Elon Musk's company again succeeded in pushing the boundaries of commercial spacefligh...

September 12, 2024 5:31 PM

SpaceX-Polaris crew exits capsule for first private spacewalk

A crew of four aboard a SpaceX capsule embarked on the world's first private spacewalk on Thursday, as an astronaut eased out of the Crew Dragon spacecraft on a tether into the vacuum of space, hundreds of miles from Earth. Billionaire Jared Isaacman, 41, exited first about 6:52 a.m. ET (1052 GMT). After he returned a few minutes later, SpaceX engineer Sarah Gillis, 30, was scheduled to take her turn in space, all their maneuvers streaming live on the company's website. "Back at home we al...

September 6, 2024 11:46 AM

Donald Trump says he will tap Elon Musk to lead government efficiency commission if elected

Republican presidential candidate Donald Trump said on Thursday he would establish a government efficiency commission headed by billionaire supporter Elon Musk if he wins the Nov. 5 election, during a wide-ranging speech in which he laid out his economic vision for the country. Speaking at the New York Economic Club, the former president also pledged to slash corporate tax rates for companies that manufacture domestically, establish "low-tax" zones on federal lands where construction compani...

August 30, 2024 12:21 PM

What is Elon Musk’s feud with a Brazilian Supreme Court justice about?

A Brazilian Supreme Court justice has ordered billionaire Elon Musk to name a legal representative for his messaging platform X in Brazil within 24 hours or face suspension of the social media site in the country. WHAT IS THE CONFLICT ABOUT? Justice Alexandre de Moraes and Musk have been in a public feud for months, after X failed to comply with legal orders to block certain accounts accused of spreading "fake news" and hate messages. X, formerly known as Twitter, claims Moraes threatened to a...

August 13, 2024 12:28 PM

Trump-Musk livestream on X hit by massive DDoS attack

A highly anticipated livestream conversation between former US President Donald Trump and X owner Elon Musk was severely disrupted by a massive Distributed Denial of Service (DDoS) attack on Monday night. The incident forced Musk to scale down the live audience and delay the interview. "Worst case, we will proceed with a smaller number of live listeners and post the conversation later," Musk said in a post on X, formerly known as Twitter. Users attempting to access the livestream encountered n...