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News
Everything???s bigger in Texas: Musk???s planned $16.8 billion chip factory is five times bigger than the world???s current largest building
2+ hour, 47+ min ago (526+ words) Elon Musk is betting that the next phase of his sprawling technology empire will require a building on a scale that has never existed before. SpaceX and Tesla are building Terafab, a 100-million-square-foot semiconductor manufacturing facility in Grimes County, Texas,…...
The world crossed a major solar milestone. No one noticed
10+ hour, 7+ min ago (235+ words) The rapid deployment of solar power is one of the greatest stories of the 21st century. After crossing the 100-gigawatt mark in 2012, it took the world 10 years to deploy 1 terawatt of solar power. An additional 1 terawatt, enough to meet all of…...
???Pure insanity??????Elon Musk details SpaceX???s plan to turn the moon into its newest manufacturing site
4+ day, 5+ hour ago (1445+ words) Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom “I know this sounds totally nuts,” CEO Elon Musk told investors midway through SpaceX’s first earnings call as a public company on Tuesday....
Michael Dell's son built a home battery business that's $13B as he???s going on 30 years old
4+ day, 16+ hour ago (750+ words) Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom Zach Dell’s goal is to install a Base Power home battery system in every backyard in America—and in Europe and beyond for…...
Bill Ackman's next big bet is convincing Americans to fall back in love with capitalism
5+ day, 13+ hour ago (675+ words) Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom Good morning. Fortune Editor-in-Chief Alyson Shontell writing this morning from New York. If you’ve heard of Bill Ackman, you probably have an opinion…...
Elon Musk???s fortune slumps to pre-SpaceX IPO levels after rout
1+ week, 2+ day ago (363+ words) SpaceX pulled off a successful launch last Friday evening at its Starbase facility in South Texas, sending its Starship rocket into orbit. It hasn’t stopped Elon Musk’s fortune from falling back to Earth. The world’s first trillionaire is now poorer…...
Elon Musk joins race to hire the best plumbers and engineers: All you need is 3 bullet points and a resume
1+ week, 12+ hour ago (362+ words) His criteria is simple: He wants the most exceptional talent from trade backgrounds, such as plumbers and electricians, as well as engineering. Writing on X, the social media platform he owns, Musk shared: “SpaceX is hiring exceptional engineering and skilled…...
A robotaxi with no steering wheel just got the green light to charge you for a ride
1+ week, 3+ day ago (560+ words) Federal regulators are clearing the way for robotaxis to operate without manual controls like steering wheels or eventually even brake pedals as the rules start to catch up to the evolving technology. “It’s kind of scary at first, but when…...
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines"
2+ week, 2+ hour ago (550+ words) The public has long questioned the world’s richest man, Elon Musk, about what he’s doing sitting on a trillion-dollar fortune. After all, other billionaires give away vast amounts of their wealth (take MacKenzie Scott, who’s donated more than $26 billion and…...
A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn't 'believe in billionaires"
2+ week, 1+ day ago (642+ words) What would you do if you became an overnight multimillionaire? That’s exactly what happened to Brian O’Kelley in 2018, when he sold his ad-tech company, AppNexus, to AT&T for $1.6 billion. But instead of buying a yacht or a fleet of…...