Japanese billionaire Yusaku Maezawa will be the first private passenger of Elon Musk's SpaceX which is scheduled for blastoff in 2023.
Tesla CEO Musk uses his Twitter account to jab the Securities and Exchange Commission, the same agency that went after him for an August 7 tweet in which he declared he had secured financing for a Tesla buyout.
Elon Musk and Tesla have agreed to pay a total of $40 million for duping investors with misleading statements about a proposed buyout of the company. He will also resign as the chairman of the Tesla board.
Elon Musk, the founder and chief executive of Tesla and other companies faces securities fraud charges over a tweet which regulators said misled investors about taking the electric automaker private.
On reaching space in SpaceX's Falcon 9 rocket, Japanese lunar exploration startup Ispace plans to orbit its lunar lander around the moon and, in its second mission, land two rovers on the moon's surface.
Elon Musk's space transportation company announces fashion magnate, Yusaku Maezawa, will be the first private passenger to fly on a monster rocket around the Moon as early as 2023.
The Jamaican sprint legend was back on the starting line but found it a challenge to stay on his feet in zero gravity conditions aboard an aeroplane.
The company said Chief Accounting Officer Dave Morton had resigned while Bloomberg reports that Chief People Officer Gaby Toledano will also be leaving.
With a debt load of about $10.5 billion and the possibility of an impending cash shortfall, Wall Street expects the luxury electric carmaker to need to raise funds before long.
The decision leaves Tesla as a publicly listed company with its future in question. Its shares have been trading below their August 7 levels, when CEO Elon Musk tweeted he was considering taking Tesla private for $420 per share.
Tesla stock was on track for its biggest daily slump in two years as Wall Street questioned Musk’s ability to lead the electric car maker.
Musk stunned markets when he announced on Twitter that he was considering taking Tesla private, and he was accused of influencing the share price with that tweet. But this has raised regulatory concerns.
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