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“#SpaceX valuation reportedly soars to $74B in funding round” Elon Musk’s rocket-building company SpaceX reportedly snagged a roughly $74 billion valuation in a private fundraising round that wrapped up last week. SpaceX raised $850 million in equity funding at $419.99 per share, according to CNBC — just a penny shy of the $420 price that…
“#Jeff Bezos overtakes Elon Musk as world’s richest person” Jeff Bezos is back on top. The outgoing Amazon CEO took back his crown as the world’s richest person, bringing Tesla chief Elon Musk’s reign to an end after just six weeks. The changing of the guard happened even though both billionaires’ fortunes shrank on Tuesday…
“#Elon Musk wants top cryptocurrency Dogecoin holders to sell” Elon Musk wants Dogecoin moguls to share their wealth. The billionaire Tesla CEO urged Dogecoin’s largest owners to sell most of their holdings as he expressed concern about a small number of people hoarding too much of the cult cryptocurrency. “If major Dogecoin holders sell most…
“# Dogecoin drops 23% as Elon Musk slams DOGE rich list ” The value of Dogecoin (DOGE) sunk 23% in a matter of hours on Feb. 15, after Elon Musk drew attention to the vastly unequal distribution of DOGE coins and urged major holders to sell off their holdings. Dogecoin has one of the most…
“# A new trend? Non-crypto CEOs and celebrities embrace Bitcoin on Twitter ” A growing number of business leaders and celebrities — e.g., Elon Musk, Jack Dorsey, Alex Ohanian and, most recently, Ricardo Salinas — have added the Bitcoin hashtag to their Twitter biographies. It hasn’t gone unnoticed. When Elon Musk added #Bitcoin to his…
“#Elon Musk says he wants new Tesla Roadster to hover” Elon Musk wants Tesla’s new sports car to make 007 proud. The billionaire electric-car tycoon said he’s working on tricking out the forthcoming Tesla Roadster with rocket technology so it can hover above the ground. “I’m trying to figure out how to make this thing…
“# Founder of $8.4B Dogecoin sold everything in 2015 for ‘a used Honda Civic’ ” Dogecoin founder Billy Markus has revealed that he sold off his DOGE stash in 2015 for an amount equivalent to a used Honda Civic. Markus made the comment in an open letter to the r/dogecoin subreddit earlier this week in…
“#Is Elon Musk the new stock market oracle?” Has the “Oracle of Omaha” Warren Buffett been replaced by Elon Musk, the “Oracle of Memes”? The futurist billionaire, chief executive of Tesla and SpaceX, and world’s richest person is now also able to move markets, from cryptocurrencies to actual stocks, using a single tweet. It’s a…
“# Tesla’s $1.5B Bitcoin buy throws the cat amongst institutional pigeons ” Not all analysts are convinced that Tesla’s recent acquisition of $1.5 billion worth of Bitcoin (BTC) will prove to be as beneficial for the tech giant as it was for the BTC coin price. Head of equity strategy at Saxo Bank, Peter Garnry,…
“# Lawyers warn Elon Musk’s Bitcoin pumping tweets could attract SEC’s ire ” Legal advisors have warned that Tesla chief executive Elon Musk could come under scrutiny from the U.S. Security and Exchange Commission over his social media activity around Bitcoin. On Monday, Feb. 8 Tesla announced in an SEC filing that it had purchased…