THE CHANGING FORTUNES OF THE WORLD’S RICHEST The founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks. D espite several days of declines, stock indices finished the week slightly higher, offsetting some of this month’s widespread losses. But the market’s troubles look…
The richest man in the world seems determined to take on the most powerful. Tesla CEO Elon Musk called President Joe Biden “a damp sock puppet in human form” on Twitter Thursday as Tesla stock plummeted 11%. Musk’s lack of restraint on social media is, as the saying goes, a feature not a bug, having…
Share to FacebookShare to TwitterShare to Linkedin SpaceX’s 50th Falcon 9 rocket launches from Cape Canaveral, Florida, as the moon looks on, March 6, … [+] 2018. getty When is the SpaceX rocket going to crash into the Moon? On February 11, 2015 a Falcon 9 rocket from Elon Musk’s SpaceX launched from Cape Canaveral.…
Share to FacebookShare to TwitterShare to Linkedin Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and … [+] Exhibition March 9, 2020 in Washington, DC. Getty Images January 2022 has marked a shaky start for Tesla CEO Elon Musk. The Twitter-obsessed billionaire insulted President Joe Biden on the social…
General Motors CEO Mary Barra speaks during a meeting with U.S. President Joe Biden at the White House on Jan. 26. Getty Images A few hours before Tesla reported record profit and sales for 2021, President Joe Biden met with the company’s biggest competitors at the White House to applaud their efforts–with Tesla CEO Elon…
Share to FacebookShare to TwitterShare to Linkedin Nabiha Saklayen, CEO and co-founder of Cellino Cellino Today, Cellino Biotech, an autonomous cell therapy manufacturing company, announced an $80 million Series A financing round led by Leaps by Bayer along with 8VC, Humboldt Fund, and new investors including Felicis Ventures and Khosla Ventures, that could fix a problem…
Share to FacebookShare to TwitterShare to LinkedinBitcoin and cryptocurrency prices have crashed over the past week with around $1.4 trillion wiped from the combined crypto market—and sparking warnings of a new “crypto winter.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin…
Share to FacebookShare to TwitterShare to LinkedinTopline The prices of bitcoin and ether fell to six-month lows Monday morning, continuing a sell-off of major cryptocurrencies that has dashed more than $1 trillion in value from the market since November. Bitcoin’s value was down on Monday. Getty Images Key Facts The price of bitcoin, which makes…
THE CHANGING FORTUNES OF THE WORLD’S RICHEST The founders of Google, Oracle, Amazon and Tesla all lost billions this week, resulting in a shakeup among the world’s richest and a change at number 2. S tocks fell broadly this week, as a series of disappointing announcements by companies collided with investor fears of inflation-driven interest…
Share to FacebookShare to TwitterShare to LinkedinTopline Bitcoin fell below $35,000 Saturday morning to its lowest level since July as a selloff continues in which the cryptocurrency has fallen almost 50% since its record high in November. A Bitcoin image hangs on the wall during the North American Bitcoin Conference held at the James L…
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