News
Why Space X Is A Call Option On Elon Musk And What It Tells Us About The Tails
2+ hour, 57+ min ago (1316+ words) Like all market participants, I have been following the Space X IPO and its aftermath closely. As a follower of "tails, on both the left and right side, this IPO provides a great laboratory to test. .. Why Space X Is…...
No, NYT, It's Not "Nearly Impossible' To Build Robots Without China
9+ hour, 52+ min ago (529+ words) The New York Times says it's "nearly impossible" to build a humanoid robot without China. "Building on the country's electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can't match," says a June…...
Jackery Launches Modular Home Batteries And A Dedicated Refrigerator Backup
12+ hour, 26+ min ago (597+ words) Portable power specialist Jackery has unveiled a refreshed Home Power Series alongside a slim refrigerator backup system, plus a co-branded emergency initiative with the American Red Cross aimed at frontline response teams. At the center of the bumper launch announcement…...
Space X Passes Amazon As Fifth-Largest Company'Surges Another 10%
1+ day, 13+ hour ago (217+ words) Elon Musk's fortune swelled above $1. 4 trillion on Tuesday as Space X shares extended a rally in their second full trading day, ranking Musk's rocket maker ahead of Amazon as the world's fifth-largest company by market value. Shares of Space X…...
Should The U. S. Follow China's Auto Industry Playbook?
2+ day, 3+ hour ago (501+ words) Big increases in China's auto exports including a doubling of global EV shipments last month underscore a truth that is lacking in U. S. discussion about the future of its own auto industry: Chinese cars "are not going away," particularly EVs that…...
Space X Soars 20%: Musk Hits Record $1. 3 Trillion Net Worth
2+ day, 7+ hour ago (225+ words) The world's richest person became the first trillionaire after Space X's trading debut. Space X Soars Another 20%Rocketing Musk's Net Worth To $1. 3 Trillion Elon Musk's fortune increased nearly $165 billion Monday, reaching a record high $1. 3 trillion after Space X surged 20% in…...
U. K. EV Rule Dilution Spurs Protest, But Industry Will Breathe Easier
2+ day, 10+ hour ago (937+ words) Cries for mercy by Britain's automotive industry from what it considers to be lethal new electric vehicle sales mandates have finally been heard, only to trigger claims of foul play by the nation's EV enthusiasts. For months the auto industry,…...
Elon Musk's Wealth Exposes Folly Of Antitrust Embrace By State AGs
2+ day, 11+ hour ago (438+ words) Why is Elon Musk so rich? Clown question, right? He started amazing companies. It all sounds so simple, except that the explanation fails to explain Musk's individual wealth. A much bigger driver of it is that with Space X and…...
Startup Raises $27 Million To Solve Two Massive Data Center Problems
2+ day, 12+ hour ago (679+ words) Green energy infrastructure startup TAR has just raised a $27 million seed round to provide scalable on-site plug-and-play power infrastructure to data centers with a heavy emphasis on renewable power, Forbes has learned in an exclusive. Given the current state of…...
Forbes Daily: Space X IPO Rockets Elon Musk To Trillionaire Status
2+ day, 15+ hour ago (862+ words) The world officially has its first trillionaire in Elon Musk, after Space X started trading on the Nasdaq Friday. Musk is worth approximately $1. 1 trillion, Forbes estimated at Friday's close, up from $982 billion on Thursday. He owns 4. 8 billion shares of the…...