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How Musk could influence Trump’s policiesElon Musk has given Donald Trump his endorsement, and perhaps soon, millions of dollars to help his re-election campaign. A big question now is what Musk would most likely push for if the former president prevails in November. DealBook spoke with Musk watchers to figure out how the Tesla and SpaceX chief could influence a potential second Trump administration. The short of it: Much of the policies he wants would benefit his companies, but some would just line up with his ideology. The Wall Street Journal reported in May that Trumpdiscussed offering Musk an advisory role if he is re-elected.
Persons: Elon Musk, Donald Trump, DealBook, Trump Organizations: SpaceX, Trump, PAC, Street
Read previewElon Musk says he plans to move SpaceX to Texas, and some of the company's competitors are trying to capitalize by poaching his employees. This story is available exclusively to Business Insider subscribers. Stanislas Maximin, the CEO of rocket startup and SpaceX rival Latitude, responded to Musk's post announcing SpaceX's move to Texas with an appeal for disaffected SpaceX employees to move to France, where the company is based. Related storiesAsteroid mining startup AstroForge, which used a SpaceX rocket to launch its first mission in 2023, also responded to Musk's post with an appeal to SpaceX employees. SpaceX, Latitude, and AstroForge did not respond to a request for comment from Business Insider, sent outside normal working hours.
Persons: , Elon Musk, Musk, Stanislas Maximin, Maximin, AstroForge Organizations: Service, SpaceX, Business Locations: Texas, California, France, Paris, Seal Beach , CA
In today's big story, Amazon wants to stop employees skirting in-office mandates by tracking their hours spent in the office . The big storyPunching the clockGetty Images; Jenny Chang-Rodriguez/BIAt Amazon, coffee is for closers people who spend at least 2 hours in the office. AdvertisementBusiness Insider's Eugene Kim has a report on Amazon monitoring the hours its corporate employees spend in the office . Amazon and its employees have been in an ongoing battle over its return-to-office mandate, which was first announced early last year. AdvertisementFor Amazon employees, the RTO mandates have been shrouded in mystery and confusion.
Persons: , you've, Jenny Chang, Rodriguez, Eugene Kim, it's, Eugene, they've, Justin Sullivan, Getty, Dell, Polly Thompson, Lizzie Reed, Goldman Sachs, Mark McQueen, Elizabeth Reed, Donald Trump's, Fundstrat's Tom Lee, Russell, Deena So'Oteh, Greg Warnock, Warnock, Elon Musk, Tesla, Stephen Pasterino, Rachel Katzman's, Jennifer Aniston, Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Denver Airport, Business, Amazon, Foods, Dell, Computer, Workers, Goldman, Walmart, Treasury, Netflix, SpaceX, Lone Star State, Northeast, BI, Olympic, United Airlines, Johnson Locations: it's, Corporate America, Utah, California, Texas, Paris, Seine, New York, London
Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb. Thiel's also a partner of Founders Fund, a venture capital fund based in San Francisco. After facilitating talks between Trump and now Sen. JD Vance, Thiel gave a record-breaking $15 million to Vance's campaign, the largest donation ever given to a single senate candidate. Thiel later told The Atlantic he was taking a break from politics. While his and Trump's relationship has reportedly soured, Trump's recent announcement of Vance as his vice president pick has put Thiel back to playing kingmaker.
Persons: Thiel, Chip Somodevilla, Thiel's, Donald Trump, Hulk, Sen, JD Vance, Vance, kingmaker Organizations: cofound, Fund, SpaceX, Airbnb, Getty, Thiel, Bloomberg, Facebook, LinkedIn, Founders Fund, Gawker Media, Gawker, Trump, Business Locations: San Francisco
NASA and SpaceX unveiled more details about how they plan to deorbit the ISS in the early 2030s. SpaceX aims to use one of its existing Dragon spaceships to push the ISS toward its grave. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe International Space Station has been a haven for hundreds of astronauts over the last 23 years. In June, NASA announced it would pay Elon Musk's company SpaceX up to $843 million to help decommission the ISS.
Persons: Organizations: NASA, SpaceX, Service, Elon, Business
AdvertisementThe Thiel effectFor Vance, Thiel's influence first left its mark when he was still a student. Thiel also got a shoutout on the acknowledgments page of Vance's 2016 book, "Hillbilly Elegy." The former PayPal CEO has given $15 million to Vance's campaign, Politico reported — the largest donation ever given to one Senate candidate. AdvertisementOne of Trump's biggest donors in the 2016 presidential campaign, Thiel has re-emerged as a key player in the MAGA movement after largely sitting out the 2020 election. Thiel also appears to have pulled some of his Silicon Valley strings to advance Vance's campaign.
Persons: , JD Vance, Peter Thiel, Vance, Donald Trump, Thiel, Palantir, Elon Musk, Thiel's, meaninglessness, Tolkien, Steve Case, Trumper, Win McNamee, MAGA, Trump, David Sacks, Musk, Sacks, Tucker Carlson, Nordin Catic, Mark Zuckerberg Organizations: Service, Republican National Convention, Republican, White, Business, PayPal, Trump, Bloomberg, Yale, Yale Law School, Thiel's, Mithril, Narya, Politico, Republican Party, Fox News, Cambridge University Union, Facebook, Palantir Technologies, Spotify Locations: Milwaukee, Ohio, Mithril, Mar, Cambridge, England, Airbnb
Elon Musk is going all-in on Donald Trump
  + stars: | 2024-07-16 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
New York CNN —At first glance Elon Musk and Donald Trump wouldn’t seem to be natural allies. Musk has given money to candidates from both parties in the past, including $5,000 to Barack Obama in April of 2011. Musk quit two White House business councils he served on early in 2017 after Trump announced America would withdraw from Paris climate accord. But for the last several years Musk has repeatedly shown support for Trump – or opposition to President Joe Biden. Musk recently tweeted the EV subsidies passed under Biden actually helped its rivals more than Tesla.
Persons: Elon Musk, Donald Trump wouldn’t, Musk, Barack Obama, Trump, , DJT, “ influencers, , Tesla, ” Musk, haven’t, , Joe Biden, Twitter, Biden Organizations: New, New York CNN, Street, PAC, Democratic, Republican, Trump, America PAC, White, America, Twitter, Biden Administration, EV, Biden, SpaceX Locations: New York, America, , Elon, Delaware, Paris
Elon Musk says he’s moving SpaceX and X to Texas
  + stars: | 2024-07-16 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +1 min
New York CNN —Elon Musk says he’s moving his companies out of California. In two posts on X Tuesday, the billionaire said he will move SpaceX’s HQ from Hawthorne, California, to Starbase, Texas, a company town being built in the southern part of the state. Social media platform X will move from San Francisco to Austin, Texas, he then said. In 2021, Musk said he would move Tesla HQ from the Bay Area to Austin, Texas. CNN has reached out to X, SpaceX and Newsom’s office for comment.
Persons: New York CNN — Elon Musk, Musk, Gavin Newsom, ” Musk, , , CNN’s Chris Isidore Organizations: New, New York CNN, SpaceX, Lone Star State, CNN Locations: New York, California, Hawthorne , California, Starbase , Texas, San Francisco, Austin , Texas, Delaware, Texas
CNBC spoke to three startups — France-based Zephalto, Florida-based Space Perspective and Arizona-based World View — that aim to hoist tourists to the stratosphere using pressurized capsules and massive gas-filled balloons. "The capsule itself is designed to to carry eight customers and two crew into the stratosphere," said Ryan Hartman, CEO of World View. World Views says it sold 1,250 tickets so far while Space Perspective has sold 1,800. Ticket prices range from $50,000 per seat with World View to around $184,000 with Zephalto. Space Perspective sells tickets to its experience for $125,000 per seat.
Persons: Ryan Hartman, Jane Poynter, Poynter, Vincent Farret d'Astiès, Zephalto Organizations: SpaceX, Virgin Galactic, CNBC, , U.S Locations: — France, Florida, Arizona
Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May 6, 2024. Elon Musk posted on X that he "fully" endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday. "I fully endorse President Trump and hope for his rapid recovery," Musk wrote on X, which he owns. Musk also compared Trump to Theodore Roosevelt, who survived an assassination attempt while campaigning for president in 1912. Musk also said at that event that Trump "does call me out of the blue for no reason."
Persons: Elon Musk, Donald Trump, Trump, Musk, Theodore Roosevelt, Joe Biden's Organizations: SpaceX, Tesla, Republican, Trump, NBC, Bloomberg, PAC, America PAC, Forbes Locations: Beverly Hills , California, Pennsylvania, Butler County, Lago, Palm Beach
The U.S. Court of Appeals for the District of Columbia rejected a legal challenge from DISH Network (DISH.MX) New Tab , opens new tab and an environmental group composed of amateur astronomers and dark-sky enthusiasts. The court in 2022 rejected a separate challenge to SpaceX's plan to deploy satellites at a lower Earth orbit than planned. In late 2022, the FCC approved SpaceX's request to deploy up to 7,500 satellites after the commission in 2018 approved SpaceX plans to deploy up to 4,425 first-generation satellites. The three-judge panel said the FCC "decision to license SpaceX’s Gen2 Starlink satellites was lawful and reasonable." New Tab , opens new tab
Persons: Veronica Gabriela Cardenas, Elon Musk's, Jessica Rosenworcel, David Shepardson, Franklin Paul, Diane Craft Organizations: SpaceX, REUTERS, Federal Communications Commission, U.S, Appeals, District of Columbia, FCC, Elon Musk's SpaceX, Opportunity Fund, Thomson Locations: Brownsville , Texas, U.S, WASHINGTON
SpaceX's Falcon 9 is pictured launching satellites to orbit in space after it lifted off from the Vandenberg Space Force Base in California, U.S., in this screenshot obtained from a handout video released on July 12, 2024. SpaceX's Falcon 9 rocket is grounded, pending an incident investigation, after an inflight failure — a rare misfire for the company's workhorse vehicle. The mission, known as "Starlink Group 9-3," launched from California's Vandenberg Space Force Base on Thursday evening and was carrying 20 satellites bound for low Earth orbit. But the rocket's upper second stage failed to reignite its engine as planned and was destroyed, SpaceX CEO Elon Musk confirmed. Falcon 9 is grounded until the Federal Aviation Administration signs off on SpaceX's investigation of the incident, the federal regulator confirmed.
Persons: SpaceX's, Elon Musk, Musk Organizations: Vandenberg Space Force, California's Vandenberg Space Force Base, SpaceX, Federal Aviation Administration, FAA, CNBC Locations: California, U.S
SpaceX Falcon 9 rocket fails during routine mission
  + stars: | 2024-07-12 | by ( Jackie Wattles | ) edition.cnn.com   time to read: +3 min
The launch vehicle carried 20 satellites for SpaceX’s Starlink network, which already operates via more than 6,000 satellites that have been deployed via dozens of launches. “During tonight’s Falcon 9 launch of Starlink, the second stage engine did not complete its second burn. As a result, the Starlink satellites were deployed into a lower than intended orbit,” according to a statement from SpaceX. Musk added that the Starlink satellites were deployed into orbit, but they may be too near Earth to remain there for long. It’s not clear what this mishap means for the future of SpaceX’s Falcon 9.
Persons: CNN —, Elon Musk, , ” Musk, Jared Isaacman Organizations: CNN, Falcon, NASA, Vandenberg Space Force, SpaceX, International Space, Federal Aviation Administration Locations: California
Elon Musk's X is in breach of EU online content rules as the social media platform uses "dark patterns" to deceive users, the European Commission said Friday. The body's preliminary view, published Friday, is that the platform has broken rules regarding dark patterns, advertising transparency and data access for researchers. X's use of the blue checkmark for "verified accounts" does not correspond to industry practices as anyone can subscribe and obtain a verified status, the commission said. It added that there was evidence of "motivated malicious actors" abusing the verified status to deceive users. If the commission's views are confirmed, X could face a fine of up to 6% of its global annual turnover.
Persons: Elon Musk, Elon Musk's, Thierry Breton Organizations: SpaceX, Tesla, European Commission, Digital Services Locations: Beverly Hills , California
SpaceX Rocket Fails, Breaking Apart in Orbit
  + stars: | 2024-07-12 | by ( Kenneth Chang | ) www.nytimes.com   time to read: +1 min
The second stage of a SpaceX Falcon 9 rocket sustained a rare but catastrophic failure Thursday night, disintegrating in orbit during the deployment of the company’s latest batch of Starlink internet satellites. In a posting on X two hours after launch, Elon Musk, the chief executive of SpaceX, reported that the rocket had suffered a “RUD” — rapid unscheduled disassembly — while in orbit. It remained uncertain whether SpaceX could salvage the 20 Starlink satellites jeopardized by the rocket malfunction. This is the first failure of a Falcon 9 rocket since 2016, when one exploded on the launchpad during the loading of propellants for an engine firing test. Between that explosion, which destroyed an Israeli satellite, and the malfunction on Thursday, SpaceX had enjoyed a streak of more than 300 successful Falcon 9 missions.
Persons: Elon Musk, Organizations: SpaceX
Read previewElon Musk has denied that he offered up his sperm to help start a colony on Mars. "I have not, for what it's worth, 'volunteered my sperm'" wrote Musk in a post on X. Two people with knowledge of Musk's comments also told the NYT the Tesla CEO had volunteered his sperm to help grow the colony. Experts told Business Insider that it is unclear how practical it would be for Musk to send sperm to Mars. Elon Musk and SpaceX did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Elon Musk, I've, Musk, Adam Watkins Organizations: Service, SpaceX, New York Times, Business, Times, Mars, University of Nottingham Locations: Mars
Read previewNASA said it has no plans right now to send one of Elon Musk's spacecrafts to rescue two astronauts stranded on the International Space Station. Speaking in a joint NASA-Boeing press briefing on Wednesday, NASA official Steve Stich said there had been "no discussion" about sending a SpaceX Dragon to pick up NASA astronauts Suni Williams and Butch Wilmore, stranded on the ISS aboard Boeing's Starliner spacecraft. The prospect of the astronauts being rescued by SpaceX would be humiliating for Boeing, which is competing with Elon Musk's rocket company to transport astronauts to the ISS. The aviation giant has lagged behind SpaceX, which completed its first crewed mission to the ISS with its Dragon capsule in 2020. Boeing and NASA did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Elon Musk's, Steve Stich, Suni Williams, Butch Wilmore, NASA's, Stich, Elon, we've, Butch, Suni, We've, Starliner, Musk, David Calhoun's Organizations: Service, NASA, Space, Boeing, SpaceX, Business, NASA's Kennedy Space Center, Elon Musk's, Alaska Airlines Locations: Florida, Starliner
Elon Musk offered his sperm to seed a settlement on Mars, anonymous sources told The New York Times. Secretive teams at SpaceX are investigating options for a Mars colony, including reproduction, according to the report. It's unclear whether it's possible to have babies on Mars due to high radiation and low gravity. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Two anonymous sources told the Times that Musk had volunteered his sperm.
Persons: Elon Musk, , Elon, Mars, Musk Organizations: New York Times, SpaceX, Service, Times, Business
Tesla shares fell about 6% on Thursday after Bloomberg reported that the electric vehicle maker is delaying the unveiling of its Robotaxi by two months. Tesla's stock slump on Thursday followed an 11-day rally that was sparked by a better-than-expected deliveries report for the second quarter. Tesla CEO Elon Musk has promised shareholders a robotaxi for years. In 2015, he said Tesla's cars would achieve "full autonomy" within three years. However, the company has yet to deliver a robotaxi, autonomous vehicle or technology that can turn its cars into "level 3" automated vehicles.
Persons: Elon Musk, The Beverly Hilton, Tesla, Musk, — CNBC's Lora Kolodny Organizations: SpaceX, Tesla, Milken Global, The Beverly, Bloomberg, General Motors Locations: Beverly Hills , California, China, Tesla
For more than two decades, Elon Musk has focused SpaceX, his rocket company, on his lifelong goal of reaching Mars. Over the last year, he has also ramped up work on what will happen if he gets there. One team is drawing up plans for small dome habitats, including the materials that could be used to build them. Mr. Musk has volunteered his sperm to help seed a colony, two people familiar with his comments said. The initiatives, which are in their infancy, are a shift toward more concrete planning for life on Mars as Mr. Musk’s timeline has hastened.
Persons: Elon Musk, Musk Organizations: The New York Times, SpaceX Locations: Mars
With NASA astronauts docked at the International Space Station far longer than planned, the agency's leadership on Wednesday acknowledged potential alternatives to Boeing's Starliner for returning the crew to Earth. Still, the Boeing's spacecraft remains the primary option for returning crew, officials said. Starliner has now been in space 36 days and counting as the agency and Boeing perform additional testing in New Mexico before clearing the spacecraft to return. The mission is the first time Starliner is carrying people, flying NASA astronauts Butch Wilmore and Suni Williams. "[But] there's really been no discussion with sending another Dragon to rescue the Starliner crew," Stich added later.
Persons: Butch Wilmore, Suni Williams, Neil A, Starliner, Steve Stich, Butch, Suni, Stich –, Stich, " Stich Organizations: NASA, Boeing, Armstrong Operations, Kennedy Space Center, Cape Canaveral Space Force, SpaceX Locations: Florida, New Mexico, Starliner
CNN —Boeing’s Starliner spacecraft and its crew have been in space for more than a month — much longer than the weeklong stay initially expected. But the two astronauts piloting this historic test mission mostly spoke favorably about the vehicle that carried them to the International Space Station, marking the inaugural crewed flight of the Boeing-built spacecraft. I mean, truly amazing,” Butch Wilmore, one of two NASA astronauts helming this mission, said in a Wednesday news briefing. The pump’s failure “put us in a position where we’d have to store an awful lot of urine,” said Dana Weigel, manager for NASA’s International Space Station Program, before the flight. SpaceX designed its cargo Dragon spacecraft years before its Crew Dragon capsule, while Boeing somewhat started from scratch with Starliner.
Persons: CNN —, there’s, Butch Wilmore, ” Wilmore, Wilmore, Hurricane Beryl, hasn’t, Williams, Steve Stich, , ” Stich, Sunita Williams, Wilmore —, Wilmore’s, ” Williams, , Mark Nappi, ” Nappi, Dana Weigel, Weigel, “ I’m, Northrop Grumman, Bob Behnken, Doug Hurley, Behnken, Hurley, “ We’ve, Stich, Butch, Suni Organizations: CNN, International, Boeing, NASA, SpaceX, International Space Station, NASA’s, Space Station, Northrop Locations: New Mexico, Cape Canaveral , Florida, Williams
But the program has since moved to another station, and its legacy in San Diego is a faint, fond memory. AdvertisementWith such a rich history of aerial dynamism, it's no surprise that San Diego has become a major hub of this technology. Defense, AI, and a warming reception from VCsLong before AI became a household buzzword, Shield AI launched in San Diego. AdvertisementBut San Diego seemed to be a better fit with its access to open land and proximity to the ocean. That pipeline continues to feed into the San Diego tech ecosystem, feeding and driving the aerial innovation it has become known for over a century.
Persons: , Tom Cruise, Larsen Jensen, Palmer Luckey's Anduril, Brandon Tseng, VCs Long, Tseng, Ryan, presciently, Hivemind, It's, shouldn't, Jensen, Ian Muceus, Muceus, we've, Firestorm's, Firestorm, Glenn Curtiss, Grant Jordan, Andreessen Horowitz, — Jordan, Jordan, SkySafe, Tim Draper, Aleksey Matyushev, Matyushev, Oakland — Natilus, Natilus, General Atomics, Northrop Grumman, Lockheed Martin Organizations: Service, Kawasaki Ninja, hotshot Navy, US Naval Air Station, Business, Navy, Harpoon Ventures, Defense, aha, Navy SEAL, US Department of Defense, Coast Guard, Air Force, Marine Corps, BAT, SpaceX, Marque Ventures, Silent Ventures, US Navy, Soma, Oakland, San Diego International Airport, Brown Field Municipal, Northrop, Lockheed Locations: San Diego, Miramar, Diego's, Diego, Afghanistan, Persian, Israel, Caribbean, Bay, San Diego Bay, West, San Jose, San Francisco, Central Valley, Vallejo, Kona
For two astronauts supposedly stranded in space, Suni Williams and Butch Wilmore of NASA are certainly enjoying living aboard the International Space Station for an extra month or two. “We are having a great time here on I.S.S.,” Ms. Williams said during a news conference from orbit on Wednesday. She added: “I’m not complaining. Butch isn’t complaining that we’re up here for a couple of extra weeks.”
Persons: Suni Williams, Butch Wilmore, ” Ms, Williams, I’m, Butch isn’t, Organizations: NASA, Space Station
Read previewNASA astronauts Suni Williams and Butch Wilmore have been on the International Space Station way longer than they'd planned. The duo flew into space aboard Boeing's Starliner spaceship, testing it out as its first-ever human passengers, on June 5. Boeing's Starliner spaceship, which Williams and Wilmore flew on, docked to the space station 262 miles above Egypt. Still, when it came time to dock to the space station, where there were only a few inches of room for error, the spaceship did the job. It's been flying people to and from the space station ever since.
Persons: , Suni Williams, Butch Wilmore, They've, Williams, Wilmore, he's, Starliner, We've, It's, we've Organizations: Service, NASA, Business, Boeing, ISS, Boeing troubleshoot, Wednesday, Engineers, SpaceX Locations: Egypt, New Mexico, Wilmore
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