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Saturday, February 27, 2021

Elon Musk

ELON MUSK NEWS

Elon Musk loses $15 billion in a day after Bitcoin warning

February 23, 2021 12:54 pm

Musk drops to second on the Bloomberg Billionaires Index of the world’s 500 richest people with a net worth of $183.4 billion -- down from a peak of $210 billion in January. Amazon.com Inc. founder Jeff Bezos reclaimed the top spot even as his fortune fell by $3.7 billion to $186.3 billion Monday.

‘Growing institutional interest in crypto-currencies… time to initiate sustainable regulation’: Binance CEO Changpeng Zhao

February 23, 2021 8:43 am

As Bitcoin continues to make market gains, indianexpress.com spoke to Changpeng Zhao (CZ) CEO at Binance, the world’s largest bitcoin exchange in terms of volume, to discuss what the future holds for crypto-currencies across the world.

Jeff Bezos reclaims title of world’s richest after Elon Musk slips

February 17, 2021 9:40 am

Jeff Bezos, who’d held the title for more than three years until last month, reclaimed his No. 1 position with a net worth of $191.2 billion, or $955 million more than Musk.

Elon Musk wants clean power. But Tesla's carrying bitcoin's dirty baggage

February 10, 2021 9:23 pm

Bitcoin production is estimated to generate between 22 and 22.9 million metric tons of carbon dioxide emissions a year, or between the levels produced by Jordan and Sri Lanka, according to a 2019 study in scientific journal Joule.

Musk's bitcoin bet fuels gains in companies already invested

February 10, 2021 12:50 pm

Driven in part by interest from institutional investors, the price of bitcoin has quadrupled in the past four months, surging far beyond record highs set in 2017. Some investors view it a hedge against inflation.

Explained: Why has Tesla invested in bitcoin?

February 15, 2021 9:15 pm

While Tesla’s may be the biggest investment in bitcoin by a consumer facing company, it is noteworthy that it does not hold the largest quantity of bitcoin for a single entity’s corporate treasury.

Tesla stashes $1.5 bn in bitcoin, to accept as payment for cars soon

February 08, 2021 7:03 pm

Tesla said in a filing the decision was part of its broad investment policy as a company and was aimed at diversifying and maximizing its returns on cash.

Elon Musk ends Twitter break, his posts on Dogecoin leads to meme fest

February 06, 2021 10:43 am

As Musk tweeted just a photo of the SpaceX rocket with the Moon in the background, he soon followed it with one word "Doge", as Dogecoin price literally shot up on 'To The Moon', as it surged 44% after the tweets.

'Papa Musk' tweets raise cheer in wrong Clubhouse

February 02, 2021 11:12 pm

The privately owned Clubhouse app in fact has nothing to do with Clubhouse Media, a little-known Chinese firm formerly called Tongji Healthcare Group which changed its name two weeks ago.

Elon Musk says he's off Twitter 'for a while', gets everyone talking

February 03, 2021 10:38 am

Musk's tweet created a buzz, with some saying he is "off to Mars", while others joked Twitter's stocks would fall after his announcement.

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Spacex Falcon Heavy rocket successfully soars into space with Tesla Roadset on board

February 07, 2018 1:14 pm

The Falcon Heavy rose from the same launch pad used by NASA nearly 50 years ago to send men to the moon. With liftoff, the Heavy became the most powerful rocket in use today, doubling the liftoff punch of its closest competitor.

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Hyperloop unveils its first passenger capsule

June 22, 2020 6:14 pm

Hyperloop Transportation Technologies Inc. has unveiled its first passenger capsule in which trains could run at 1,200 km/hour. Multiple Indian states have shown interest in the new technology.