Elon Musk has just confirmed that π Money is working internally and will start extending to outside beta users soon. π Money is a digital payment service providing peer-to-peer transfers, a wallet for storing funds, and Visa integration for bank/debit card connections. It may add crypto and investment features later. Currently in internal beta, expanding …
SpaceX tarship remains the most ambitious rocket, with thrust three times that of Saturn V and aiming for full rapid reusability. The biggest challenge is creating a fully reusable orbital heat shield, which has never been achieved before. SpaceX plans to recover the upper stage Starship possibly this year or in the first half of …
According to Nielsenβs measurement of televisions in the U.S. (mobile devices and other countries excluded), streaming was 44.8% while broadcast and cable viewing combined was 44.2% of all TV watched. This is the first time streaming has passed the total of broadcast and cable categories. Over the last four years streaming usage has increased 71% …
@xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). I think this means xAI is valued at $113 billion after the acquisition. Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the …
Advertisers all returned to X (previously Twitter) a few months before the November 2024 election. 2024 X profits were $1.25 billion which was about double the highest adjusted EBITDA of Twitter which was in 2021 at $682 million. This means just holding onto the 2024 advertisers would give X a full year of around $2.5 …
Elon Musk’s net worth of $455 billion, according to the Bloomberg Billionaires Index. This wealth is about $180 billion for SpaceX, $182 billion from Tesla, $60 billion for some form of option package, $30 billion Neuralink, xAI, X and Boring Company and $10 billion in other assets. Elon’s SpaceX holding went down from 54% to …
X Payments is coming soon! – The feature is being tested internally on iOS and web X Payments still faces several hurdles before it can fully implement its P2P payment feature: * The company needs to obtain money transmitter licenses in the remaining U.S. states and territories. * After securing “transmitter” licensing, X will also …
People say that X aka Twitter was a bad investment because advertising revenue is down from when Elon Musk purchased it at $44 billion. The losses are not that bad while advertising is down, Elon was able to drastically reduce costs and headcount. X also added subscription revenue. A major thing that people forget is …
The technology of Elon Musk (Musktech) companies will be getting powerful combination products over the next 12 months. The technology products from each individual company are already . Driver assist operators validating Tesla FSD 12.5 observed the vehicles were using a SpaceX Starlink mini. Neuralink can connect to devices that use Bluetooth so it could …
Elon Musk has announced that SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas. Elon also said he will be moving the π headquarters out of San Francisco California to Austin Texas. This is the final straw. Because of this law and the many others that preceded it, attacking both families and …
Elon says Grok 2 should exceed current AI on all metrics. Grok 2 is in training now. Should be available on π next week. Grok 2 should exceed current AI on all metrics. In training now. https://t.co/s7rVxvK8mZ β Elon Musk (@elonmusk) March 29, 2024 Here are the specs for Claude 3 from Anthropic and GPT4 …