Tag: SpaceX

Elon Musk dumps $8.5 Billion shares of Tesla for Twitter
Business

Elon Musk dumps $8.5 Billion shares of Tesla for Twitter

Elon Musk sells stocks of Tesla worth $8.5 billion ahead of the takeover of Twitter. Elon Musk is a co-founder and leads Tesla, SpaceX, Neuralink, and The Boring Company. He has no further plans to sell TSLA shares in the future. Chief Executive officer of Tesla Elon Musk has sold the stock of Tesla worth $8.5 Billion after overtaking Twitter. It is projected that he seeks help from the shares of TSLA for occupying Twitter as an owner. He likely aimed at helping finance his planned purchase of Twitter. Although, he sold $9.6 Billion shares in TSLA this week. This much bigger slump attracts netizens as well as the shareholders in Tesla. Even they have asked the question about this from Musk. Musk has tweeted that "no further TSLA sales planned after today”. This selling of $9.6 bill...
Jeff Bezos offers NASA $2 billion for Moon mission contract
Business

Jeff Bezos offers NASA $2 billion for Moon mission contract

Billionaire Jeff Bezos made the offer after his company ‘Blue Origin’ lost the contract to Elon Musk’s ‘SpaceX’ UNITED STATES OF AMERICA - Jeff Bezos recently sent out a letter to NASA. In his letter Jeff said that he would give NASA a total of $2 Billion. He said that he would do so if the US space reverses their decision and choose Blue Origin to make the space craft that lands astronauts onto the moon in NASA’s moon mission. Jeff Bezos in the letter criticized NASA’s decision to give out the contract to Jeff’s rival company SpaceX. He also urged NASA to reconsider its decision. He said that Blue Origin would give the promised $2 Billion within the same fiscal year, if they are given the contract. SpaceX selection for the contract and the rivalry between Jeff Bezos and Elon Mu...