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He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.
Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas
By Mark MurrayThe razor-close presidential election could very well come down to this question: Will the infrequent voters who back Donald Trump by double digits actually turn out? And she carries the tiny share of voters who participated in 2022 but not 2020 by 9 points (52% to 43%). And he’s carrying the voters who didn’t partake in either 2020 or 2022 by 10 points (50% to 40%). On the other hand, NBC News recently observed a pair of focus groups of voters who didn’t participate in the 2020 election but are planning to this time around. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.
Persons: Mark Murray, Donald Trump's, Donald Trump, Kamala Harris overperforms, Trump, Republicans —, Harris, , , Will, , ike D earborn, Tod, Phil, gero, ena Organizations: NBC, White House, Capitol, NBC News ’, Republicans, Trump, NBC News, ics Locations: Michigan , Pennsylvania, Wisconsin, Poli
Philadelphia District Attorney Larry Krasner is suing Elon Musk and his super PAC to block their million-dollar giveaway to registered voters, seeking to halt the lottery-style stunt that election experts, and the Justice Department, have warned might violate federal law. It’s illegal under federal law to pay someone to vote, but Musk insists he isn’t paying people to register. Musk and America PAC have said that their monetary giveaways are to encourage petition signatures. Still, his contest is only open to those in key battleground state and favors Pennsylvania voters by awarding them all $100 each. An attorney representing America PAC did not respond immediately to a request for comment on the suit.
Persons: Larry Krasner, Elon Musk, Krasner, , Musk, Donald Trump, It’s, Organizations: Philadelphia, PAC, Justice Department, “ America PAC, Commonwealth, Pennsylvania, Musk’s America PAC, America PAC, SpaceX Locations: Philadelphia, Pennsylvania, United States
As Election Day approaches, former President Donald Trump has increasingly been warning that if he loses, it will be because of cheating. That’s all they want to do is cheat,” Trump said of Democrats during a rally this month in Juneau, Wisconsin. “They’re actually using it to cheat,” Trump said on the Los Angeles radio station KFI AM 640 on Oct. 8. “They have early voting, late voting, everything is so ridiculous,” Trump said onstage in Palm Beach, Florida, in July. And that’s what we’re striving for.”But Trump has also spoken favorably of early voting, usually in more choreographed settings.
Persons: Donald Trump, “ They’re, ” Trump, , We’re, Michael Whatley, they’re, Trump, we’re, we’ll, “ We’re, ” Harris, , I’d, it’s, Sid Rosenberg, Marc Elias, Joe Biden —, Jesus, Phil McGraw, Trump’s, Sen, JD Vance, Elon Musk, ” Musk, Vance, ” Vance, Michael, Whatley, Hurricane Helene, Harris Organizations: Republican National, Democratic, NBC, Trump, NBC News, United States Capitol, Milwaukee Journal Sentinel, Los, KFI, , RNC, Biden, Republican Locations: Juneau , Wisconsin, Greenville , North Carolina, Prairie du Chien , Wisconsin, , Los Angeles, California, Ohio, Butler , Pennsylvania, Swannanoa , North Carolina, Palm Beach , Florida, Florida, North Carolina
A lawsuit by the Philadelphia DA could stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Musk has used the lottery to encourage voter registration and push swing-staters to the polls. Krasner's lawsuit says the giveaway is an unregulated lottery that violates Pennsylvania law. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements.
Persons: , Larry Krasner, Krasner, Donald Trump —, Musk, Jordan, Hastings, Anne Marie B, Coyle, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Trump, Service, Elon Musk's America PAC, DA, Democratic, America PAC, PAC, Twitter, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Nevada, Hastings , Michigan
About three weeks after Elon Musk bought Twitter in October 2022, #RIPTwitter started trending. As the bird app's outlook grew more bleak, several alternative conversation platforms hatched: Narwhal, Spoutible, Spill, Post, and Cohost among them. I talked to several founders about what they learned trying to compete with Musk, and the state of civil discussion online. "There's a ton of power in whoever controls" a big social media platform, Thompson says. Spill, a Black-owned social platform, has been downloaded more than half a million times.
Persons: Elon Musk, RIPTwitter, shitposting, Gabor Cselle, Cselle, Meta, Jack Dorsey, Twitter, Musk, Twitters, he's, imminently, Fortune, Noam Bardin, Andreessen Horowitz, Bardin, Laurene Powell Jobs, Nicholas Thompson, Thompson, Narwhal, Trump, Hitler, Alphonzo Terrell, Kerry Washington, Terrell, there's, Joe Biden, Kamala Harris, Harris, I've, I'm Organizations: Elon, Google, Twitter, Anti Software Software, Politico, Boston Globe, The, Amplica Labs, Democratic, Spill, Phillies
For now, analysts and investors are looking to Amazon's third-quarter earnings report Thursday night for more clarity. Amazon hopes that Kuiper could bring broadband connectivity to some 400 million to 500 million households that currently lack it. Bank of America, on the other hand, estimates around $3.5 billion in Kuiper spending next year. The Kuiper spending estimates might seem steep, but the analysts aren't telling investors to dump shares. The "ultra-compact" version of the Project Kuiper Amazon
Persons: Jeff Marks, Andy Jassy, Kuiper's, Marks, Kuiper, Evercore, BofA, Morgan Stanley, Morgan Stanley's, Starlink, Elon Musk's, EBITDA, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Web Services, AWS, Wedbush Securities, Federal Communications Commission, FCC, Bank of America, FactSet, SpaceX, Viasat, CNBC Locations: Amazon's
In today's big story, the first of our five-part refresher series on the potential impact Donald Trump and Kamala Harris presidencies could have on US consumers. Business Insider's Matthew Fox detailed how Wall Street sees former President Donald Trump and Vice President Kamala Harris affecting the investment landscape if they win the White House. One of the biggest areas where Harris and Trump differ is their proposed tax policies, which are believed to have big impacts on stocks. AdvertisementTrump's universal tariffs proposal is also viewed as having a big impact. It's a big week for Apple.
Persons: , Donald Trump, Kamala Harris, Jenny Chang, Rodriguez, Matthew Fox, Harris, Trump, it's, Alyssa Powell, Joe Biden, Steve Sosnick, Neil Dutta, Goldman Sachs, Morgan Stanley, Rebecca Zisser, Elon Musk, James Yates, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty, BI, White, Bank of America, Interactive Brokers, JPMorgan, Twitter, Elon, Apple, Apple Intelligence, iOS, Venture, Ford Motors, MLB, LA Dodgers, New York Yankees, Forbes Locations: It's, New York, London, Chicago
Elon Musk on Sunday briefly spoke at a campaign rally for Donald Trump in New York. In his speech, Musk said he'd save the US $2 trillion through a department of government efficiency. Musk and Trump have both suggested that Musk could be a member of Trump's cabinet if he's reelected. "I think we can do at least $2 trillion," Musk replied, receiving cheers from the crowd. Musk and representatives for the Trump campaign did not immediately respond to a request for comment from Business Insider.
Persons: Elon Musk, Donald Trump, Musk, he's, , Elon, Tesla, he'd, Howard Lutnick, Cantor Fitzgerald, Lutnick, Harris, Trump Organizations: Trump, Service, SpaceX, Biden, Department of Government Efficiency, Business Locations: New York, United States, United States of America, Trump's
Elon Musk briefly spoke at a campaign rally for Donald Trump in New York on Sunday. Musk said he'd save the US $2 trillion through a department of government efficiency. AdvertisementAt a campaign rally for former President Donald Trump in New York on Sunday, Elon Musk said he'd save the United States $2 trillion through a department of government efficiency. "I think we can do at least $2 trillion," Musk replied. Musk and representatives for the Trump campaign did not immediately respond to a request for comment.
Persons: Elon Musk, Donald Trump, Musk, , Howard Lutnick, Cantor Fitzgerald, Lutnick, Tesla, Harris, Trump, he'd, Musk's, Kamala Harris Organizations: Service, Sunday, SpaceX, Biden, Department of Government Efficiency, Trump, Social Security, Small, Budget, Street, Trump Musk, America PAC, The New York Times, Siena College Locations: New York, United States, Pennsylvania, Trump's
Tesla CEO and X owner Elon Musk gestures on stage during a rally for Republican presidential nominee and former U.S. President Donald Trump at Madison Square Garden, in New York, U.S., October 27, 2024. The Philadelphia District Attorney's Office filed a lawsuit seeking to stop a political action committee controlled by billionaire Elon Musk from awarding $1 million to registered voters in swing states. "The Philadelphia District Attorney is charged with protecting the public from public nuisances and unfair trade practices, including illegal lotteries," Krasner said in a statement Monday. "The DA is also charged with protecting the public from interference with the integrity of elections," Krasner said. Musk is backing Republican nominee Donald Trump in the presidential election against Democratic nominee Kamala Harris.
Persons: Elon, Donald Trump, Elon Musk, Larry Krasner, Musk's, Krasner, Kamala Harris Organizations: Republican, Madison, Philadelphia, Attorney's, U.S . Department of Justice, Musk's America PAC, Philadelphia District, Democratic Locations: New York, U.S
Elon Musk voiced his support for Donald Trump at a New York City campaign rally Sunday, but the event was underscored by crude and racist commentary from other speakers. Meanwhile, celebrities like Beyoncé and Michelle Obama are backing Vice President Kamala Harris in the 2024 election.
Persons: Elon Musk, Donald Trump, Michelle Obama, Kamala Harris Organizations: New York City Locations: New York
Republican presidential nominee and former U.S. President Donald Trump speaks during a rally at Madison Square Garden, in New York, U.S., October 27, 2024. Andrew Kelly | ReutersRepublican presidential candidate Donald Trump headlined a rally at New York's Madison Square Garden on Sunday that began with a series of vulgar and racist remarks by allies of the former president. Danielle Alvarez, a senior adviser to the Trump campaign, told Reuters that the joke about Puerto Rico "does not reflect the views of President Trump or the campaign." Harris's campaign in an email said the Madison Square Garden rally was "mirroring the same dangerously divisive and demeaning message" as Trump. Trump's 2016 presidential opponent, Democrat Hillary Clinton, has accused him of "re-enacting" a pro-Nazi rally that was held at Madison Square Garden in 1939 on the eve of World War Two.
Persons: Donald Trump, Andrew Kelly, Trump, Billy Joel, Kamala Harris, Harris, Hulk Hogan, Rudy Giuliani, Eric, Don Jr, Giuliani, Tony Hinchcliffe, Ricky Martin, Danielle Alvarez, Harris's, Hillary Clinton, Donald Trump's, Elon Musk, Elon, Musk Organizations: Madison, Reuters Republican, New, Knicks, Democratic, Republican, New York City, Reuters, Puerto Ricans, Trump, Nazi, Garden, Congressional, Office Locations: New York, U.S, Caribbean U.S, Puerto Rico, Puerto Rican, Puerto, United States, Pennsylvania, Philadelphia, Madison, York, America
The J-1 visa is for exchange visitors and can be used for foreign students to pursue academic training or research. Why Musk’s student status mattersMusk didn’t detail what institution sponsored his J-1 visa, or which years he had the visa. Working illegally isn’t a crime, Kuck says, but having done so would require certain steps to be taken to return to a legal immigration status. And in a 2020 podcast interview, Elon Musk said he had a “student work visa” at the time. Some of the hijackers involved in the attacks were in the U.S. on student visas, according to the official 9/11 Commission Report.
Persons: Elon, Musk, Musk hasn’t, Biden, he’d, ” Musk, he’s, , hasn’t, authorizations, Greg Siskind, who’s, Siskind, ” Siskind, Elon Musk, Charles Mostoller, Charles Kuck, Kuck, who’d, there’s, ” Kuck, Kimbal Musk, It’s, Maye, , Kimbal, Hunter Swanson, Swanson, ” Swanson, ” He’s Organizations: CNN, Washington Post, University of Pennsylvania, Penn, Stanford, Engineering, Elon, SpaceX, Tesla, AP, Reuters, Twitter, Center for International Education, Washington, Lee University Locations: South Africa, Philadelphia, Atlanta, , Palo Alto , California, Virginia, U.S
A lawsuit by the Philadelphia DA would stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Also on Monday, America PAC announced the tenth million-dollar winner. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements. Just hours after Krasner's lawsuit became public, America PAC crowned its latest winner, a man from Hastings, Michigan.
Persons: Elon, Larry Krasner, , Krasner, Musk, Jordan, Anne Marie B, Coyle, Donald Trump's, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Service, Elon Musk's America PAC, America PAC, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, PAC, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Hastings , Michigan
CNN —Philadelphia’s district attorney asked a state judge on Monday to shut down tech billionaire Elon Musk’s controversial $1 million giveaway to registered voters, calling it an “illegal lottery scheme.”Philadelphia District Attorney Larry Krasner, a Democrat, filed the civil lawsuit against Musk and his pro-Trump group, America PAC. “America PAC and Musk are lulling Philadelphia citizens – and others in the Commonwealth (and other swing states in the upcoming election) – to give up their personal identifying information and make a political pledge in exchange for the chance to win $1 million,” the lawsuit alleges. And it is indisputably an unlawful lottery.”A spokesperson for Musk’s super PAC did not comment on the lawsuit and instead highlighted the group’s latest $1 million winner, announced Monday – a registered voter from Hastings, Michigan. Krasner said his lawsuit was not about state and federal laws that prohibit vote-buying. The US Justice Department has also warned Musk’s super PAC that his giveaway might violate federal laws that criminalize offering cash for voter registration.
Persons: Elon Musk’s, Larry Krasner, Musk, , , Krasner, Musk’s Organizations: CNN, Trump, America PAC, “ America PAC, Commonwealth, Musk’s, US Justice Department Locations: Philadelphia, Hastings , Michigan, Pennsylvania
Michael Bloomberg donated $50 million to a nonprofit supporting Harris' campaign, per the NYT. AdvertisementMichael Bloomberg, the former New York City mayor and presidential candidate, recently donated around $50 million to a nonprofit organization supporting Vice President Kamala Harris' campaign, according to the New York Times. Though Bloomberg typically makes public campaign donations, he intended for this contribution to remain secret, the Times reported. Harris herself hopped on a call with the billionaire, and he donated the money soon after, according to the Times. Trump has amassed his own army of billionaire donors, including Elon Musk and Timothy Mellon.
Persons: Michael Bloomberg, Harris, , Kamala Harris, Worth, Bloomberg, Reid Hoffman, Bill Gates, George Soros, Trump, Elon Musk, Timothy Mellon, Bloomberg didn't Organizations: Bloomberg, Service, New, New York City, New York Times, Times, Forbes, titans, Wall Street, Silicon, LinkedIn, Microsoft, Elon Locations: New York
Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022. Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in a fresh funding round. The San Francisco-based company, which was valued at $1 billion in January, raised $175 million in a funding round led by Greenoaks Capital. Sierra is focused on helping enterprises like home security company ADT , Sonos , Weight Watchers and Casper personalize and implement AI agents for customer service. Taylor describes Sierra as "conversational AI," and bristles at the word "chatbot," even banning the phrase in the company's downtown San Francisco office.
Persons: Bret Taylor, Sierra, Taylor, Marc Benioff, Elon Musk, Clay Bavor, Casper personalize, Bavor, ICONIQ, Josh Kushner’s Organizations: Salesforce, Viva Technology Conference, Greenoaks Capital, Twitter, Elon, Google, Sierra, Google Labs, CNBC Locations: Paris, San Francisco
The billionaire has been less prominent in the election than Elon Musk — but still has much at stake. Bezos's Blue Origin is working with NASA and the Pentagon as it plays catch-up with Musk's SpaceX. Executives from Bezos' rocket company Blue Origin, including CEO Dave Limp, spoke with Donald Trump on Friday, The Associated Press reported. Like all private space companies, Blue Origin relies heavily on federal contracts and is competing with SpaceX for government and military projects. Blue Origin did not respond to a request for comment from Business Insider.
Persons: Jeff Bezos's, Elon Musk, , Jeff Bezos, Dave Limp, Donald Trump, Kamala Harris, William Lewis, Bezos, Lewis, Robert Kagan, Michele Norris, Marty Baron, Baron, Elon, Artemis, it's, SpaceX's, Trump Organizations: Washington Post, NASA, Pentagon, Musk's SpaceX, Service, Bezos, Associated Press, New York Times, Trump, SpaceX, Republican, PAC, Business, Bloomberg, White, Twitter, United States Post, United States Postal Service, Web Services, of Defense, Microsoft Locations: Washington, The Texas, Amazon
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A few catalysts have set Tesla up for more outperformance in the coming months, according to Canaccord Genuity. Analyst George Gianarikas, who has a buy rating on the electric vehicle maker, hiked his price target by $20 to $298. "Tesla's stock underperformed since the beginning of 2022 as [profit and loss] trends deteriorated," he continued. "Longer term, Tesla also has a generational set of growth opportunities ahead, including EVs, autonomy/AI, energy storage, and robotics," he said. TSLA YTD mountain TSLA, year-to-date Shares were marginally higher in the premarket following the move.
Persons: Canaccord, George Gianarikas, Gianarikas, Tesla, Elon Musk Locations: 1Q24
Elon Musk recently said Tesla's Roadster takes a back seat to more pressing projects. Nearly seven years after first unveiling the new Roadster, its release date remains a mystery. During Tesla's third-quarter earnings call, Elon Musk thanked the "long-suffering deposit holders," many of whom paid $50,000 in 2017 to reserve the much-delayed electric sports car. Related storiesMusk first announced the new Tesla Roadster in November 2017 and said it would be "the fastest production car ever made, period." The interior design of the Tesla Roadster was shown off in November 2017.
Persons: Tesla's, Elon Musk, , Tesla, Musk, weren't, Kate Leaman, Leaman, it's, Jacob Bourne, Bourne, Dan Ives, Don Lemon, Peter Thiel Organizations: Analysts, Service, Wall Street, Business, Tesla, Base Roadster, SpaceX
The owners say they're huge Tesla fans, and want to one day cook pizza for Elon Musk. AdvertisementA pizzeria in New Jersey has transformed two Cybertrucks into pizza trucks, using one of the Tesla vehicle's most futuristic features to cook pizzas on the go. They wanted new vehicles to relieve the strain on their gasoline pizza truck, which the two partners say was frequently booked months in advance. Now, they say they are facing a huge wave of demand for their Cybertruck pizza trucks, which they've modified to cook pizzas at parties and events. Like other electric vehicles, including the Ford F-150 Lightning, the Cybertruck has bidirectional charging, allowing it to become a mobile power source for appliances and even other electric vehicles.
Persons: Tesla, , Fabio Antonio Arbelaez, Ryan McDermott, McDermott, Elon Musk, Hurricane Helene, Elon, Arbelaez, aren't, I've Organizations: Elon, Service, Columbia, Ford, EV, Tesla, Austin Locations: Jersey, New Jersey, Columbia, Florida, Hurricane, Colombia, Texas
The Madison Square Garden event follows a precedent set by campaigns past. President Franklin Roosevelt makes a campaign speech at Madison Square Garden in New York City on October 31, 1936. APRepublican presidential candidate Herbert Hoover is seen at Madison Square Garden on October 22, 1928. APThe crowd responds with a Hitler salute as uniformed members of a German American Bund color guard march at a gathering in Madison Square Garden on February 20, 1939. None of them, however, are on the speaker’s list released by the Trump campaign for the Madison Square Garden rally.
Persons: Donald Trump, Trump, Kamala Harris, , , Grover Cleveland, Herbert Hoover, Franklin D, Roosevelt, John F, Marilyn Monroe, Franklin Roosevelt, George Wallace, It’s, Billy Joel, Elton John, Ronald Reagan, George Pataki, Elise Stefanik –, Republican –, Elise Stefanik, Elizabeth Frantz, Ohio Sen, JD Vance, Elon Musk, Robert F, Kennedy Jr, Mike Johnson, Stefanik, Rudy Giuliani, Tucker Carlson, Danya Gainor Organizations: CNN, Madison, Garden, New, Democratic, Republican, GOP, AP Republican, German, German American Bund, AP, Nazi, Communist Party, Trump, New York, Fox News Radio, New York GOP, Nassau Coliseum, Trump and New York, Fox News Locations: New York City, Coachella, Long, Chicago, America, Las Vegas, Madison, German American, Alabama, Midtown Manhattan, New York, Trump and, Concord , New Hampshire, – Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, “ It’s, York City
Her first campaign visit for Kamala Harris came Saturday in Michigan, where polls show a tight race. In her speech, Obama said the race is "too close for my liking." AdvertisementMichelle Obama made her first official appearance on the campaign trail with Vice President Kamala Harris on Saturday, speaking in Michigan, where polls show a tight race between the VP and former President Donald Trump. AdvertisementMultiple polls, including national polling by The New York Times and Siena College, show a deadlocked race between Harris and Trump. Spokespeople for Harris, Obama, and Trump did not respond to a request for comment.
Persons: Michelle Obama hasn't, Kamala Harris, Obama, , Michelle Obama, Donald Trump, Harris, Trump, It's, we've, Trump's, Beyoncé, I'm, Julia Roberts, Eminem, Oprah Winfrey, Dennis Quaid, Jason Aldean, Elon Musk Organizations: Service, Democratic National Convention, The New York Times, Siena College, Trump ., Quinnipiac University, Trump, Trump's White Locations: Michigan, Kalamazoo
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