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☆ Robinhood's cofounder has joined the rapidly growing commercial space race, and wants to beam solar power from satellites to earth
▼ + stars: | 2024-10-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +9 min

Aetherflux aims to launch a constellation of satellites to transmit solar power to Earth using infrared lasers. Bhatt told BI why he's joining the commercial space race and what Robinhood taught him about capitalism. AdvertisementAetherflux aims to create a constellation of satellites in low Earth orbit (LEO) that will collect solar power and beam it down to receptors on Earth using infrared lasers. Caltech's president, Thomas F. Rosenbaum, said the project had shown them that solar power beamed from space "is still a future prospect" but that it "should be an achievable future." The science has already been demonstrated; it's just going to be an engineering and economic feat to prove it can be done from space, Bhatt said.

Persons: Baiju Bhatt, Bhatt, Robinhood, —, Vlad Tenev, Elon, Baiju Bhatt Bhatt, Thomas F, Rosenbaum, it's, he'd, you'll, Spencer Platt, Matthew Weinzierl, Weinzierl, Einstein, Aetherflux Organizations: he's, Service, California Institute of Technology, NASA, Langley Research Center, Stanford, DARPA, Investment, Space Angels, McKinsey, Harvard Business School, SpaceX, Getty, Apex, Forbes Locations: India, Anadolu, Bay

☆ These tech investors are trawling UC Berkeley to fund the next Perplexity or Databricks
▼ + stars: | 2024-10-21 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

The University of California, Berkeley, is the top producer of alumni starting tech companies. Founded by Jeremy Fiance, The House Fund targets Berkeley-affiliated startups like Databricks. Related stories"I was learning more and more about what The House Fund is from the outside in," Hargreaves said. His move from Founders Fund to The House Fund hasn't been previously reported. The House Fund said it can write checks up to $10 million.

Persons: Jeremy Fiance, Zachary Hargreaves, —, Jeremy, Aravind Srinivas, Hargreaves, it's, Fund hasn't Organizations: University of California, Fund, Berkeley, House Fund, Service, College of Computing, Data Science, Society, The, SpaceX, Founders Fund, Investors, Stanford, Massachusetts Institute of Technology, Berkeley Endowment Management Company, UC Investments, Ahoy Locations: Berkeley

☆ Musk promises to award $1 million each day to a signer of his petition
▼ + stars: | 2024-10-20 | by ( ) www.cnbc.com time to read: +2 min

Billionaire Elon Musk promised on Saturday to give away $1 million each day until November's election to someone who signs his online petition supporting the U.S. Constitution. And he wasted no time, awarding a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Republican Donald Trump. Musk started America PAC, a political action organization he founded in support of Trump's presidential campaign. The petition Musk is asking people to sign reads: "The First and Second Amendments guarantee freedom of speech and the right to bear arms. Trump in turn has said if elected he would appoint Musk to head a government efficiency commission.

Persons: Elon Musk, Billionaire Elon Musk, Republican Donald Trump, John Dreher, John, Dreher, Kamala Harris, Musk, Harris, Trump, carmaker Tesla Organizations: SpaceX, Tesla, Ridley High School, Billionaire, U.S, U.S . Constitution, Republican, Trump, Democratic, America PAC, Forbes Locations: Folsom , Pennsylvania, U.S ., Pennsylvania, Harrisburg, U.S

☆ Eutelsat uses SpaceX rocket to launch first satellites after merger
▼ + stars: | 2024-10-20 | by ( ) www.cnbc.com time to read: +2 min

Eutelsat, the world's third-biggest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, using Elon Musk's SpaceX in its first move since the merger of two European companies last year. A SpaceX Falcon 9 rocket took off, with Eutelsat satellites from California's Vandenberg Space Force Base at 0513 GMT. "This is the first OneWeb launch of the satellites since the merger," CEO Eva Berneke told Reuters in an interview. The Paris-based group formed by the merger in September last year of France's Eutelsat and Britain's OneWeb has a constellation of over 600 low earth orbit satellites that cater to broadcasters, telecom companies and radio stations. It sits there until India gets open, the day it gets open, we'll start building," Berneke said.

Persons: Eva Berneke, France's, OneWeb, Berneke Organizations: Elon, SpaceX, Vandenberg Space Force Base, Reuters, Telstra, U.S Locations: Paris, India, Saudi Arabia

☆ Trump aims for the stars as he links his campaign to Elon Musk's success at SpaceX
▼ + stars: | 2024-10-20 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

At a Pennsylvania campaign rally in early October, Trump said he wanted to see human exploration on Mars by the end of his potential second term. That sort of rhetoric, whether intentional or not, links Musk's significant technological success with Trump's own campaign. It remains to be seen, however, just how influential Musk's success at SpaceX, or his other companies, and his campaigning will be with voters who are still on the fence. SpaceXBut SpaceX's achievement and Musk's ties to Trump could give the former president added support with some undecided voters. "Elon Musk, who's having so much success driving things from the private sector, is a guy that wants success in the federal government."

Persons: Elon Musk, Trump, —, It's, Donald Trump, Elon, Ohio Sen, JD Vance, Trump's, Tesla, X —, he's, Kamala Harris, Harris, Max, Anna Moneymaker, Musk, Peter Loge, Loge, Vance, Walz, Musk's, Elizabeth Chartier —, Harris —, SpaceX's Organizations: SpaceX, Service, GOP, Trump, Trump " America PAC, School of Media, Public Affairs, George Washington University, Republicans, NBC, Independents, Philadelphia Inquirer, Biden Locations: Pennsylvania, Ohio, Philadelphia, Musk's, Folsom , Pennsylvania, America, Butler , Pennsylvania, Folsom

☆ Elon Musk offers $1 million a day to entice swing state voters to sign petition
▼ + stars: | 2024-10-20 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +6 min

Speaking at an America PAC event in Harrisburg, Pennsylvania, Musk said, "I have a surprise for you," adding that the prize money is available "every day from now until the election." "How Pennsylvania goes I think is how the election goes," Musk said. The deadline to sign the petition is Monday night, which is the day Pennsylvania's voter registration closes. "We get crazy things," Musk said, "like SpaceX got fined $140,000 for dumping potable drinking water on the ground at Starbase." Musk only mentioned Trump sparingly throughout the evening, and didn't discuss his policies or record as president in any detail.

Persons: Elon Musk, Donald Trump, Rachel Wisniewski, Reuters Elon Musk, Musk, John Dreher, Rick Hasen, Hasen, NBC's, Josh Shapiro, Biden, Kamala Harris, Kamala, I'm, Trump, he's, Chandan Khanna, Tesla, It's, didn't Organizations: PAC Town Hall, Reuters, Trump, America PAC, SpaceX, Republican, NBC, CNBC, Pennsylvania Democratic Gov, Federal Communications Commission, Environmental Protection Agency, Federal Aviation Administration, National Oceanic, Atmospheric Administration Fisheries, SpaceX Falcon, Clipper, Kennedy Space Center, Afp, Getty, NOAA Fisheries, White Locations: Folsom , Pennsylvania, U.S, Harrisburg , Pennsylvania, Pennsylvania, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Harrisburg, Starbase, Boca Chica , Texas, Florida

☆ Elon Musk says all voting should be 'in person' while his super PAC promotes voting by mail
▼ + stars: | 2024-10-19 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +5 min

Tech billionaire Elon Musk said Friday that all voting should be “in person,” contradicting his own history of voting by mail and the efforts of his pro-Trump super PAC to get others to vote by mail, too. His super PAC, America PAC, is also promoting mail-in and absentee ballots this year. In mailers and on a website that links to absentee ballot request forms, the super PAC calls absentee voting a secure way for people to support Trump in the Nov. 5 election. Musk has given the super PAC nearly $75 million. But Musk’s opposition to mail-in and absentee voting is longstanding, and he has repeatedly declined to resolve his stated opposition with his own practice.

Persons: Elon Musk, Musk, Donald Trump, ” Musk, Musk’s, ”, X, Scott Presler Organizations: Tech, Trump, PAC, Voting, Dominion, SpaceX, NBC News, America PAC, U.S, Capitol, FBI Locations: Oaks , Pennsylvania, United States, California, Georgia, American, Pennsylvania, Harrisburg, ”, Iran

☆ Pro-Trump group funded by Musk struggles with outreach targets
▼ + stars: | 2024-10-19 | by ( ) www.cnbc.com time to read: +5 min

Four people involved in the group's outreach told Reuters that managers warned canvassers they are missing targets and needed to raise the number of would-be voters they contact. Another person briefed on the matter said America PAC was struggling to find sufficient people to conduct audits in other states. Musk, ranked by Forbes as the world's richest person, so far has supplied at least $75 million to America PAC, according to federal disclosures, making the group a crucial part of Trump's bid to regain the White House. In Nevada, it isn't clear whether Young's audit has concluded, reached any findings or prompted any change in America PAC's outreach. America PAC recently updated its website to prominently display advertisements seeking canvassers.

Persons: Elon Musk, Donald Trump, canvassers, Alysia McMillan, McMillan, We're, we've, Trump, Chris Young, Young didn't, Kamala Harris, carmaker Tesla, Musk, We've Organizations: PAC Town Hall, America PAC, Republican, PAC, Election, Reuters, Wisconsin, Senior, Trump, Democratic, Forbes, SpaceX, Lone Locations: Folsom , Pennsylvania, U.S, Wisconsin, Nevada, Arizona, America

☆ Life discovered in warm volcanic caves beneath the seafloor
▼ + stars: | 2024-10-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —A mile and a half beneath the ocean’s surface, the seafloor seems nearly as alien as the surfaces of other planets. These hydrothermal vents belch warm towers of elements that draw clusters of animal life, such as tube worms. There, animals develop symbiotic relationships with bacteria that use chemical reactions to produce sugars necessary for life beyond the reach of sunlight. Mónika Naranjo-Shepherd/Schmidt Ocean InstitueThe arms of an underwater robot helped uncover communities of giant tube worms and snails living in volcanic caves beneath warm vents in the Pacific Ocean. The finding suggests unique ecosystems on the seafloor and within the subseafloor are connected, allowing life to thrive above and below the ocean bed.

Persons: Mónika Naranjo, Shepherd, ”, Sabine Gollner, you’ve, Artemis, Charlie Duke, Arthropleura, Ashley Strickland, Katie Hunt Organizations: CNN, Royal Netherlands Institute for Sea Research, Scientists, SpaceX, Boca, Massachusetts Institute of Technology, NASA, Clipper, Kennedy Space Center, Yale University, CNN Space, Science Locations: Boca Chica , Texas, centipedes, Europa, Florida

☆ Venture capital is going to war over the election. Here's the data to prove it.
▼ + stars: | 2024-10-19 | by ( Rob Price | Melia Russell | ) www.businessinsider.com time to read: +10 min

VCs are lobbing cash at the presidential election and key congressional races, FEC data shows. This election cycle, investors at the top venture capital firms have plowed tens of millions of dollars into the election, both backing their favored political candidates and just cannily promoting commercial interests. (The filing deadline for Q3 data for quarterly filing entities was October 15, but this data isn't yet readily available in full online.) Business Insider selected 10 venture capital firms to focus on, taking into account fund size and cultural and industry significance. Sequoia Capital's Doug Leone is one of VC's most prolific GOP-aligned political donors, giving his almost $3.8 million to the National Republican Committee and other causes.

Persons: Reid Hoffman, Kamala Harris, —, hasn't, Andreessen Horowitz, blockchain, Marc Andreessen, Ben Horowitz, a16z, Horowitz, Andreessen, Harris, megadonor Reid Hoffman, Keith Rabois, Kleiner Perkins, Michael Moritz, Shaun Maguire, Joe Manchin, Hoffman, Horowitz Hoffman, Joe Biden, Biden, Nikki Haley, Trump, Vinod Khosla, John Doerr, Doug Leone, Elon Musk, Melia Russell, Rob Price Organizations: Service, Federal, Commission, Yuga Labs, White, Republicans, Founders Fund, SpaceX, Khosla Ventures, Sequoia Capital, Sequoia Heritage, Business, Republican, Lincoln, Democratic, Democratic Party, Democratic Congressional, Sequoia, National Republican, Future Forward PAC, America PAC, Elon, Investors, splashy Hamptons, Harris Victory Fund, Harris Action Fund, Democratic National Committee Locations: Solana, Sequoia, West Virginia, New Hampshire

At a town hall hosted at a high school outside Philadelphia, Musk referred to the false conspiracy theory that Dominion Voting Systems was part of a plot to rig U.S. elections in recent years. There’s always this question of, say, the Dominion voting machines. Fact: Hand counts and audits of such paper ballots have repeatedly proven that Dominion machines produce accurate results. Studies and investigations have found that there’s no evidence of widespread voter fraud in the U.S. When voter fraud has occurred, prosecutors have successfully brought cases against perpetrators including in a highly publicized fraud scheme in North Carolina.

Persons: Elon Musk, Donald Trump’s, Musk, ”, Anna Moneymaker, Trump, ” Musk, Democratic megadonor George Soros, Kamala Harris, Emma Barnett, Ben Goggin, Kat Tenbarge Organizations: —, Systems, Dominion, Brennan Center for Justice, Fox News, SpaceX, Tesla, Ridley High School, Philadelphia Fox, Trump, Trump America PAC, FBI, Democratic megadonor Locations: FOLSOM, Pa, Pennsylvania, Philadelphia, Maricopa County, Arizona, Philadelphia County, Folsom, Butler , Pennsylvania, U.S, North Carolina, Mexico, “ Pennsylvania, America, New York City

☆ Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +8 min

The Grinch is the one that's going to be putting these small business out of business." Unlike Musk, who has donated nearly $75 million and counting to Trump-aligned groups, Cuban is not a political donor. Ben Wikler, Wisconsin's Democratic Party Chair, praised Cuban's "talents" and said he has credibility to reach voters on business and economic issues. But I trust her.”None of this, however, is unfamiliar territory for Cuban, who played a similar role in 2016 for Clinton’s ultimately unsuccessful campaign against Trump. Before that campaign, Trump and Cuban had a hot-and-cold relationship.

Persons: Elon Musk, Donald Trump, Kamala Harris, Mark Cuban, Hillary Clinton, Cuban, Harris, Doug Emhoff, Harris —, —, He’s, Kamala, Trump, Zoe Lofgren, Ben Wikler, Cuban's, Wikler, Jim Watson, Musk, ” Cuban, Chuck Todd, “, Elon, ‘ There’s, ”, Theo Von’s, Diddy, knifed Trump, I’d, Von, Clinton’s, Clinton, Stephen Colbert’s, “ Donald, Gennifer, ” Trump, Bill Clinton, — Trump, Mandel Ngan, Jeff Hauser, Lina Khan, Alexandria Ocasio, “ Harris ’ Organizations: Elon, IGN, Cuban, Venture, SpaceX, Trump, Commission, Equis Research, Wisconsin's Democratic Party, Getty, NBC News, NBA, Dallas Mavericks, Democrats, “ Major League Baseball, Security and Exchange Commission, SEC, Fox News, Department of Health, Human Services, Federal Locations: Wisconsin, Phoenix, Michigan, La Crosse , Wisconsin, Pennsylvania, AFP, Cuban, United States, Harris, Alexandria, Cortez

☆ NASA is planning to give the beleaguered Boeing Starliner another shot at space — in late 2025
▼ + stars: | 2024-10-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

NASA is planning to give the Boeing Starliner another chance. The agency has scheduled two SpaceX launches — Crew-10 and Crew-11 — for 2025. AdvertisementNASA has released the schedule for its commercial launches in 2025, and the Boeing Starliner is slated to get another chance at spaceflight. Advertisement"Meanwhile, NASA is keeping options on the table for how best to achieve system certification, including windows of opportunity for a potential Starliner flight in 2025," it added. The duo are scheduled to return via the SpaceX Crew Dragon in February 2025.

Persons: Starliner, —, Anne McClain, Nichole Ayers, Russia's Roscosmos, Butch Wilmore, Suni Williams, Williams, Elon Musk, NASA didn't Organizations: NASA, Boeing, SpaceX, —, Service, Japan Aerospace Exploration Agency, International, Station, Starliner, Federal Aviation Administration, FAA, Business Locations: New Mexico

☆ Musk's win on India satellite spectrum raises prospect of price war with Ambani
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +2 min

Having just lost a battle with Elon Musk over how India's satellite spectrum is awarded, Asia's richest man Mukesh Ambani could face a bigger challenge if Musk's Starlink launches services in India and the two go head-to-head on price. India's government said on Tuesday it will allocate spectrum for satellite broadband administratively and not via auction, hours after Musk criticized the auction route being sought by rival billionaire Ambani as "unprecedented." The Indian government says its decision to allocate spectrum administratively to whoever applies for it is in line with global trends. It has not set a timeframe for when the process will start but Musk's Starlink has already applied for necessary permits. Starlink's entry into the Indian market would create a new battleground between the two billionaires: pricing.

Persons: Mukesh Ambani, Ratan Tata, Elon Musk, Musk's, Musk, Ambani, Musk's Starlink Organizations: Reliance Industries, National Centre, Performing Arts, Elon, SpaceX, Reliance Locations: Mumbai, India

☆ Netflix airing NFL games on Christmas will be the streaming giant's biggest test for its next area of growth
▼ + stars: | 2024-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, Netflix's earnings report comes as Wall Street wonders if the king of streaming can keep its crown . Business Insider's Lucia Moses outlined investors' key questions about Netflix ahead of its third-quarter earnings call this afternoon. The NFL is coming to the streamer this Christmas, with Netflix showing two games on the holiday.

Persons: —, Leapmoter, Chelsea Jia Feng, Business Insider's Lucia Moses, Alain Tascan, Jamie Squire, — Peacock, BI's Peter Kafka, There's, Patrick Mahomes, Lamar Jackson, Mike Kemp, Louis Vuitton, Christian Dior, iStock, Rebecca Zisser, Harris, Elon Musk's, Elon, Tyler Le, it's, Amy Powell, El, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, EV, Netflix, Epic Games, NFL, NBA, Getty, Louis, BI, Trump, House, SpaceX, Elon Musk's, California Coastal Commission, Paramount, NATO Locations: Europe, Swedish, California, Hollywood, El Mayo, Sinaloa, New York, London

☆ Elon Musk has given nearly $75 million to his pro-Trump super PAC
▼ + stars: | 2024-10-16 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Elon Musk has given nearly $75 million to America PAC, the super PAC he created to support former President Donald Trump, according to a campaign finance filing from the group late Tuesday. The super PAC is focused on voter turnout efforts in potential swing states such as Pennsylvania, where Musk recently appeared onstage with Trump. Musk gave $14.95 million to the super PAC in July, $30 million in August and $30 million in September, according to the filing. The filing says he was the super PAC’s only donor during that period, although in June the super PAC disclosed several donations from associates of Musk, including five donations for $1 million apiece. Republican megadonor Miriam Adelson gave $95 million in the third quarter to the super PAC she is using to back Trump.

Persons: Elon Musk, Donald Trump, Musk, Trump, podcaster Jordan Peterson, Republican megadonor Miriam Adelson Organizations: America PAC, PAC, Federal, Commission, Trump, SpaceX, Bloomberg, California Republican Party, National Republican Congressional Committee, Republican Locations: Pennsylvania, Michigan

☆ SpaceX sues California regulator, claiming launches blocked due to Elon Musk’s politics
▼ + stars: | 2024-10-16 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk’s SpaceX has accused a California regulator of political discrimination after it voted to block the rocket company from conducting more launches on the state’s central coast. SpaceX also conducts commercial launches from the base to deliver its Starlink satellites into orbit. But the California Coastal Commission opposed the plan. At the meeting, commissioners “raised other concerns wholly unrelated to coastal effects,” SpaceX alleged in the complaint, filed in California Central District Court. Joshua Smith, public information officer for the California Coastal Commission, told CNN the agency declined to comment on the lawsuit.

Persons: New York CNN — Elon, “, Mike, Wilson, ‘, Musk, ’, Gretchen Newsom, Newsom, Gavin Newsom, Donald Trump, Hurricane Helene, Joe Biden, Kamala Harris, Biden, Kamala, ”, Joshua Smith Organizations: New, New York CNN, SpaceX, California Coastal, US Air Force, US Space Force, NASA, Vandenberg Space Force Base, California Coastal Commission, Court, US Justice Department, “, FEMA, ”, California Gov, CNN Locations: New York, California, Santa Barbara , California

☆ Elon Musk's SpaceX sues California commission who blocked launches, accusing it of 'unconstitutional overreach'
▼ + stars: | 2024-10-16 | by ( Natalie Musumeci | Geoff Weiss | ) www.businessinsider.com time to read: +6 min

SpaceX has sued the California Coastal Commission. Legal experts said Musk will need to prove the commission would have granted the flights, if not for Musk's politics. In the lawsuit, filed in the US District Court for the Central District of California, Musk's SpaceX accused the commission of '"unconstitutional overreach" after members criticized his political leanings during a meeting about whether to approve more frequent SpaceX launches off the California coastline. "But if a court concludes that it's more likely than not that the result would have been different but for Musk's speech, then there would be a violation," said Volokh. AdvertisementNeither SpaceX nor the California Coastal Commission immediately responded to requests for comment from Business Insider.

Persons: —, Elon Musk, Gretchen Newsom, Musk, Caryl Hart, Eugene Volokh, David Driesen, Driesen, Volokh, Sarah Kreps, Kreps Organizations: SpaceX, California Coastal Commission, Service, Court, Central, Central District of, US Space Force, Vandenberg Space Force, UCLA, Hoover Institution, Stanford University, Syracuse University, Tech, Institute, Cornell University, California Coastal, Business Locations: California, Central District, Central District of California

☆ CEO of aerospace company cited in SpaceX's new lawsuit is siding with Elon Musk
▼ + stars: | 2024-10-16 | by ( Geoff Weiss | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

SpaceX compared itself to another space company in its lawsuit against a California agency. Phantom Space CEO Jim Cantrell, a longtime colleague of Elon Musk, supports SpaceX. AdvertisementCantrell told BI that the company got approval for 12 launches at a separate Space Launch Complex at the base. The space rocket company says in the lawsuit that the commission was trying to "unlawfully regulate space launch programs" at Vandenberg military base. Driesen pointed out that SpaceX's lawsuit emphasizes an administrative law claim that federal law prohibits the commission from interfering in the company's launch plan.

Persons: Jim Cantrell, Elon, —, Elon Musk, Vandenberg, Cantrell, Eugene Volokh, Volokh, David Driesen, Musk, Driesen Organizations: SpaceX, Phantom, Service, California Coastal Commission, Vandenberg Space Force Base, Business, United States Space Force, Vandenberg, FAA, Elon, California Coastal, UCLA, Hoover Institution, Stanford University, Syracuse University Locations: California

☆ Elon Musk hits the campaign trail in a key swing state after donating $75 million to a pro-Trump super PAC
▼ + stars: | 2024-10-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Attendees at Musk's events must sign a petition in support of free speech and the right to bear arms. AdvertisementElon Musk said he's headed to the key swing state of Pennsylvania amid his ongoing support for Donald Trump's presidential campaign. "Tomorrow night through Monday, I will be giving a series of talks throughout Pennsylvania," Musk posted on X on Tuesday night. The events are free, but attendees are required to sign a petition "supporting free speech & right to bear arms & have voted in this election," Musk said. You just need to have signed our petition supporting free speech & right to bear arms & have voted in this election.

Persons: Elon Musk, Donald Trump, —, Donald Trump's, Musk, Trump, 2cjdY7oPtB — Elon, Tucker Carlson, Joe Biden Organizations: SpaceX, Service, America PAC, Borders, Sensible, Fair, Pennsylvania, Federal, Commission, The New York Times, Trump, White House Locations: Pennsylvania, Cities, Butler , Pennsylvania, White House . Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin

☆ Elon Musk's xAI is on a hiring spree for 'AI tutors'
▼ + stars: | 2024-10-16 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

Elon Musk's AI startup xAI is hiring AI Tutors for data annotation to train language algorithms. xAI partners closely with X, formerly known as Twitter, which sees user decline and ad pullbacks. AdvertisementElon Musk's new AI company is on a hiring spree for a new type of data annotator. Last week, xAI listed multiple job postings for "AI Tutors." Multiple AI Tutors started their jobs in August and September, according to a LinkedIn analysis by Business Insider.

Persons: Elon, —, Musk, it's, X, xAI, Jensen Huang, Colossus Organizations: Service, Business, SpaceX, Tesla, Disney, Apple, Nvidia, NPR, Forbes Locations: Memphis, Brazil, San Francisco

☆ Elon Musk gives pro-Trump PAC $75 million, announces Pennsylvania voter tour
▼ + stars: | 2024-10-16 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Musk, the world's richest man, has given nearly $75 million to America PAC, the super political action committee he created earlier this year largely to back Trump, new Federal Election Commission filings reveal. Nearly $72 million of that money has already been spent, the disclosure report shows. The PAC, which was formed in late May, reports having spent a total of $102 million on the presidential race so far, FEC filings show. Unlike most super PACs, however, America PAC is not spending its money to reserve expensive television air time to run ads. Instead, the group's filings show that it is paying canvassers and funding direct mail, texts and phone banking.

Persons: Tesla, Elon Musk, Donald Trump's, Musk Organizations: SpaceX, Republican, America PAC, Trump, PAC

☆ Elon Musk has spent nearly $75 million on his pro-Trump super PAC
▼ + stars: | 2024-10-16 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Elon Musk has spent nearly $75 million in the latest period on his "America PAC" super PAC, a new filing shows. The super PAC has spent roughly $96 million to boost Trump this year. The PAC has also spent more than $10 million on boosting GOP House candidates. America PAC has spent nearly $96 million to support Trump and oppose Vice President Kamala Harris, along with more than $10 million to support Republican candidates across 18 different House districts. AdvertisementThe Wall Street Journal previously reported in July that Musk would give about $45 million a month to the America PAC.

Persons: Elon Musk, —, Donald Trump, Kamala Harris, Musk, Trump, Harris, Tucker Carlson, I'm Organizations: America PAC, Trump, GOP, Service, Federal, Commission, SpaceX, Boring, White, Street, The New York Times

☆ Boeing is raising $10 billion from 4 major banks — and could sell another $25 billion in securities
▼ + stars: | 2024-10-15 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Boeing said it has entered a $10 billion credit agreement with four banks, it said in a filing Tuesday. In a separate filing, the planemaker said may also sell up to $25 billion in securities. AdvertisementBoeing plans to raise up to $35 billion to help steady its finances as a machinists' strike enters its fifth week. In a Tuesday regulatory filing, the planemaker said it had entered a $10 billion credit agreement with Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase. Boeing also filed a prospectus stating that it may sell up to $25 billion in securities, including bonds, new shares, and stock options.

Persons: planemaker, —, Goldman Sachs, Ron Epstein, Julie Su, Sir Tim Clark, Max midflight, Dave Calhoun, Kelly Ortberg, Starliner Organizations: Boeing, Service, Bank of America, Citibank, JPMorgan Chase, Business, CNN, Anderson Economic Group, Labor, Emirates, Alaska Airlines, Space, NASA, SpaceX Locations: Seattle

☆ A small robotics company says Elon Musk's 'Robovan' and 'Starship' are great names — except it got trademarks for them first
▼ + stars: | 2024-10-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Starship Technologies filed trademarks for "Starship" and "Robovan" before SpaceX and Tesla did. AdvertisementRobotic startup Starship Technologies has a few things in common with Elon Musk's rocket company, SpaceX, and EV giant Tesla. Musk first showcased the Tesla Robovan on October 10 in Burbank, California, during Tesla's "We, Robot" event. According to United States Patent and Trademark Office records, Starship filed trademarks for "Starship" and "Robovan" in July 2015 and July 2017, respectively. AdvertisementIn October 2023, a legal marketing agency called X Social Media sued Musk's social media platform X in federal court in Florida.

Persons: Tesla, Elon Musk's, —, Tesla's, Musk Organizations: Starship, SpaceX, Service, Technologies, Elon Musk's, United States Patent, Starship Technologies, Belgium Brewing Company, Harbor, X Social Media, X Corp, Reuters, BI Locations: Burbank , California, Colorado, Florida, California

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