SpaceX executives have promised to sell shares in a private location that will announce the launch of Elon Musk and the satellite company for about $ 125 billion, according to people familiar with the matter.
Elon Musk thinks Twitter’s algorithm should be public. Here’s what that could mean
On March 24, a few weeks before he promised to buy Twitter, Elon Musk posted a survey on social media: "Twitter's algorithm should be open source," he wrote, with ways for users to vote "yes" or "no." Some Twitter technology is already open source, which means it is publicly available for anyone to ...
Amazon ordered to reinstate warehouse worker who was fired after protest
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Amazon is facing legal consequences for its history of expelling protest participants. Reports that Judge Benjamin Green has ordered Amazon to reinstate warehouse employee Gerald Bryson, who was fired from his position at the JFK8 facility on Staten Island (recently voted for merger) after allegedly violating language policies during COVID security. -1...
How dependent on Elon Musk’s comments is the crypto industry?
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Elon Musk is the second richest man in the world, with an estimated net worth of $ 155bn. He has founded some of the world’s most successful tech companies from PayPal to Tesla, and his voice weighs heavily on technology circles, but his influence on the crypto market is astoundi...
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The shares were awarded to the so-called workers' tender for $ 70 each, people said, requesting anonymity because the details were confidential. That compares with the adjusted $ 56-a-share share when it was sold in October at an estimated $ 100 billion.
It was not immediately clear whether Musk was selling the stock as part of the workers' tender, people said. Donation size could not be determined immediately.
SpaceX did not respond to a request for comment other than normal business hours. The New York Post reported on the stock market earlier.
Musk was looking for various sources of funding to finalize his contract to buy Twitter Inc. On Monday he suggested that the social media agreement be terminated at a lower price, in days after questioning Twitter's ability to estimate how many spam accounts. or fake.
