Elon Musk is no longer the richest man on the planet, according to Forbes

Elon Musk is no longer the richest man on the planet, according to Forbes

New York CNN Business — Elon Musk is no longer the world’s richest person, according to Forbes. On Thursday, Musk dropped to the second spot on Forbes’ list of “Real-Time Billionaires,” putting the Twitter and Tesla CEO behind Bernard Arnault, CEO of French luxury brand LVMH, maker of Louis Vuitton luxury goods and Hennessy cognac. … Read more

Everyone wants to build battery factories in the United States now

Everyone wants to build battery factories in the United States now

Photo: Luke Sharrett/Bloomberg (Getty Images) Hyundai and BMW have joined a wave of foreign automakers seeking to bolster their battery manufacturing here in the United States, the Chinese auto industry is making waves in Russia as other companies pull out and Mercedes has opened its first reserved dealership to electric vehicles. All this and more … Read more

Elon Musk briefly became the 2nd richest person in the world. No. 1 was…

Elon Musk briefly became the 2nd richest person in the world.  No. 1 was…

Elon Musk’s net worth has already shrunk by more than $200 billion this year. New Delhi: Twitter and Tesla CEO Elon Musk briefly lost his title as the world’s richest person today, according to the Forbes list that tracks the wealth of the world’s billionaires in real time. The sharp decline in Mr. Musk’s net … Read more

SpaceX unveils Starshield, a military version of Starlink satellites

SpaceX unveils Starshield, a military version of Starlink satellites

An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX Elon Musk’s SpaceX is extending its Starlink satellite technology to military applications with a new line of business called Starshield. Starshield is likely to further exploit the company’s biggest US government customer – the Pentagon – which is already … Read more