Latest Elon Musk News

India asks Starlink to obtain license for internet services

Nov. 27, 2021 05:37 AM EST

NEW DELHI (AP) — The Indian government has asked Starlink Internet Services of Elon Musk’s SpaceX aerospace company to comply with the country’s regulatory framework before offering its satellite-based internet services. A Communications Ministry statement late...

NFL defensive great Michael Strahan to be next space tourist

Nov. 23, 2021 10:47 AM EST

“Good Morning America” co-host Michael Strahan is going to space next month. Strahan, who turned 50 on Sunday, will join Laura Shepard Churchley, the eldest daughter of astronaut Alan Shepard, on the Dec. 9 mission aboard the New Shepard, a spacecraft named after her...

SpaceX's Musk: 1st Starship test flight to orbit in January

Nov. 17, 2021 21:34 PM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX founder Elon Musk said Wednesday that his company will attempt to launch its futuristic, bullet-shaped Starship to orbit in January, but he’s not betting on success for that first test flight. “There's a lot of risk associated with...

Musk sells more shares than he needs to pay current tax bill

Nov. 17, 2021 16:29 PM EST

DETROIT (AP) — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he's either converting part of his fortune from stock to cash, or he's saving for bigger tax bills that will come due next year. As of early Wednesday,...

GOP-majority court chosen to consider Biden vaccine mandate

Nov. 16, 2021 17:37 PM EST

Challenges to President Joe Biden's COVID-19 vaccine mandate for private employers will be consolidated in the U.S. 6th Circuit Court of Appeals, a panel dominated by judges appointed by Republicans. The Cincinnati-based court was selected Tuesday in a random drawing...

Stocks close higher, but indexes still end week in the red

Nov. 12, 2021 16:40 PM EST

Stocks closed higher on Wall Street on Friday, but the market still ended the week lower as inflation worries weighed on investors' moods earlier in the week. The S&P 500 index added 33.58 points, or 0.7%, to end at 4,682.85. While it closed higher, the benchmark...

Musk sells more Tesla shares and stock falls further

Nov. 12, 2021 16:22 PM EST

DETROIT (AP) — Tesla CEO Elon Musk has sold another chunk of his stock after pledging on Twitter to liquidate 10% of his holdings in the electric car maker. Musk sold about 640,000 shares for roughly $687.3 million, according to two filings Friday with the U.S....

SpaceX crew launch marks 600 space travelers in 60 years

Nov. 11, 2021 13:40 PM EST

CAPE CANAVERAL, Fla. (AP) — A SpaceX rocket carried four astronauts into orbit Wednesday night, including the 600th person to reach space in 60 years. The repeatedly delayed flight occurred just two days after SpaceX brought four other astronauts home from the...

Rivian rockets past GM to become 2nd most valuable carmaker

Nov. 11, 2021 11:12 AM EST

NEW YORK (AP) — Rivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has surpassed General Motors to become the nation's second most valuable automaker. The California company's market valuation exceeded Ford's in its...

Disappearing shorts: As stocks soar, skeptics surrender

Nov. 11, 2021 10:34 AM EST

NEW YORK (AP) — The skeptics on Wall Street have gone missing. As the stock market has surged to records — unbowed by recession, pandemic or warnings of a dangerous bubble — activity has dwindled to a nearly two-decade low for the traders known as short sellers, who...