April 2022

SpaceX, NASA on track for Wednesday astronaut launch [webcast]

SpaceX says a Crew Dragon spacecraft and Falcon 9 rocket are on track to launch astronauts to the International Space Station for the second time this month. After numerous launch and recovery delays, SpaceX was finally able to launch and recover Axiom-1 on April 8th and April 25th, completing the first all-private astronaut mission to […]

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Twitter, Elon Musk’s ‘X Holdings’ to complete $44bn merger deal by October 24

Twitter and two of Elon Musk’s “X Holdings” companies will officially merge by October 24 after the Tesla CEO and the social media platform came to terms on a $44 billion deal yesterday. A new 8-K filing from Twitter through the SEC reveals Twitter and Musk’s parent company, which is known as “X Holdings I,

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Ford launches F-150 Lightning production at Rouge Electric Vehicle Center

Ford officially launched production of the F-150 Lightning all-electric pickup truck today at the Rouge Electric Vehicle Center in Dearborn, Michigan. The F-150 Lightning was unveiled just under a year ago, in May 2021, and Ford CEO Jim Farley has high expectations for the all-electric pickup. Just as Ford started testing pre-production of the vehicle

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After Musk acquisition, Twitter CEO assures employees no layoffs are planned for now

Twitter CEO Parag Agrawal has assured the social media company’s employees that while he did not have concrete answers about what would happen once Tesla CEO Elon Musk fully acquires the platform, there are no planned layoffs as of now. Agrawal reportedly shared the news during an all-hands call on Monday.  Following a back and

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Tesla shares slide nearly 11% following Musk’s $44bn Twitter deal

Tesla shares (NASDAQ: TSLA) were down over 10 percent by noon on Tuesday following Elon Musk’s acquisition of Twitter, which was announced yesterday. Other tech stocks, like Apple, Amazon, and Google, were also hit between 2 and 4.5 percent at just after 1:30 PM on the East Coast. TSLA Chart by TradingView Tesla lost over

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