Spacex losing money

Image credit: @GalaxyHeroesGHC/Twitter Elon Musk has spoken time and again about his dream of colonising Mars – but do any of his nine children share in his vision of making humanity a multi-planetary species? If the billionaire entrepreneur behind SpaceX is to be believed, his two-year-old son X Æ A-12 does. On Tuesday, the official Twitter handle of Galaxy Heroes cryptocurrency posed a question to Elon Musk : “Which of your children is most passionate about SpaceX and Mars?” “X,” responded the founder of SpaceX, referring to his nickname for two-year-old X Æ A-12 - his son with Canadian singer Grimes. X — Elon Musk (@elonmusk) August 2, 2022 Elon Musk has nine children, including X Æ A-12 whom he welcomed in May 2020. After losing his firstborn son Nevada Alexander Musk, Elon Musk had twins Griffin and Vivian with author Justine Wilson in 2004. Close The former couple also has triplet sons Kai, Saxon and Damian, who were born two years later … [Read more...] about Asked which of his kids is most passionate about SpaceX and Mars, Elon Musk said…

New York (CNN Business) Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers now appear to have a new target: blockchain bridges. Bridges are the infrastructure that allow users to exchange assets between different blockchains, the digital database underpinning major cryptocurrencies. When a bridge service swaps one coin for another, it "wraps" the currency so that it will function on the other blockchain. A wrapped coin does not become another currency altogether -- "it just looks like it," Tom Robinson, chief scientist at blockchain analysis firm Elliptic, told CNN Business. Instead, a "token" is issued to represent the new coin on the different blockchain. "I deposit my Bitcoin in the bridge. In return for doing that, I receive a Bitcoin token on the Ethereum blockchain, and then I can transfer that Bitcoin token, which is what is … [Read more...] about Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack

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A view of Praca do Comercio in Lisbon, Portugal, May 11, 2021. - A + A NEW YORK/LISBOA (Aug 3): For wealthy Chinese looking to flee stifling pandemic lockdowns and political tensions, Portugal has a lot to offer. Mild weather, a laid-back and affordable lifestyle and investor visas that allow access to the whole European Union — all for as little as 350,000 euros. It’s a pitch that’s lured thousands of Chinese over the past decade, helping to reshape Portugal’s urban landscape as part of a tide of new money that reached US$1 billion annually at its peak in 2014. Eight years on, that wave is drying up. It’s not for lack of demand. Quite the contrary: more wealthy Chinese are attempting to leave — or at least prepare a backup plan — as the country’s Covid-Zero policy has dented economic growth. Investment migration consultancy Henley & Partners estimates 10,000 high-net-worth residents are seeking to pull US$48 billion from China this year. In the past, some … [Read more...] about Wealthy Chinese are losing their favourite escape route to Europe

File image of Republican leader and former US president Donald Trump (Image: Reuters) Online fundraising has slowed across much of the Republican Party in recent months, an unusual pullback of small donors that has set off a mad rush among Republican political operatives to understand why — and reverse the sudden decline before it damages the party’s chances this fall. Small-dollar donations typically increase as an election nears. But just the opposite has happened in recent months across a wide range of Republican entities, including every major party committee and former President Donald Trump’s political operation. The total amount donated online fell more than 12% across all federal Republican campaigns and committees in the second quarter compared with the first quarter, according to an analysis of federal records from WinRed, the main online Republican donation-processing portal. More alarming for Republicans: Democratic contributions surged at the same time. Total … [Read more...] about Republicans confront unexpected online money slowdown

Share to Twitter Share to Linkedin Vice Chairman of Red Hook Capital family of funds such as KenetiK Capital LLC for leverage buyout and RHC 21 for co-investing in funds. The number one priority for most entrepreneurs and early-stage startup founders is finding a way to fund their business idea. Identifying and securing investment dollars is the make or break stage for most startups, and working with the right investor is critical to success. Once your business plan is buttoned up and you’re ready to meet with potential investors to pitch your idea, it’s time to identify the best type of investor. There are several different investment buckets with different risk levels associated with each. Make sure you’re working with the right level of investor—someone who has the correct level of institutional knowledge—or risk losing time and money. To help navigate the investment scene for early stage startups, I break the many investor types into different … [Read more...] about How To Identify The Right Source Of Investment For Your Startup

Share to Twitter Share to Linkedin Director and CIO of cKers Finance, and co-founder of global sustainability advisory firm cKinetics. Carbon markets today are estimated to be worth over $100 billion and are expected to grow in the coming years. This potential spike in value could lead to a great opportunity for both the environment and investors. Has a new gold rush started? Let’s take a closer look. Carbon Is A Way To Put Value On A Scarce Resource: Air Imagine that our Earth was the size of an apple. Our atmosphere would be similar to the skin of the apple. That is how small our atmosphere is. The atmosphere stretches a mere 6.2 miles after which it rapidly loses its air density. So far, we have deemed air to be an endless resource, but that is clearly not the case. Carbon markets are a way to put a price on the real estate that exists above our heads. Combatting Climate Change By Bringing Carbon Markets To The Forefront … [Read more...] about Could Carbon Markets Become Larger Than Oil And Gas?

Elon Musk's father Errol Musk claimed that he even recommended a weight-loss pill to his billionaire son. Days after Errol Musk said he is not proud of son Elon Musk and criticised him for "eating badly", the billionaire said that he doesn’t like working out but needs to do it anyway. “I gotta work out and be in better shape,” Musk said. “I actually don’t really like working out, but I gotta do it.” The richest person in the world said that his current morning routine consists of waking up around 9.30 am and then checking his phone. Calling it a “terrible habit”, Musk said he wants to work out instead. “I’m gonna switch from looking at my phone first thing when I wake up to working out for at least 20 minutes then looking at my phone,” Elon Musk said during Full Send podcast . During an appearance on Australia's ‘ The Kyle and Jackie O Show ’ after photos of the Tesla and SpaceX chief partying shirtless in Greece went viral , father and South African engineer … [Read more...] about Elon Musk says ‘I gotta work out’ after father Errol Musk criticises weight

Elon Musk's father Errol Musk claimed that a Columbian company approached him for sperm donation. Elon Musk's father, Errol Musk, has claimed that he has been asked to donate sperm to impregnate "high-class women" and create more Elons. Senior Musk had recently admitted that he welcomed a second child with his step-daughter  Jana Bezuidenhout (35). The 76-year-old claimed that an unnamed South American company has been offered him the chance to donate his sperm. "I've got a company in Colombia who want me to donate sperm to impregnate high-class Colombian women because they say, 'Why go to Elon when they can go to the actual person who created Elon?'" Musk told The Sun . He added that while the company has not been offered payment for his services, he could receive other perks if he agrees to be a sperm donor. "They haven't offered me any money but they have offered me first-class travel and five-star hotel accommodation and all that sort of stuff", senior Musk told … [Read more...] about Errol Musk says he’s been asked to donate sperm to create new generation of Elons

Apple isn't exactly known for taking risks. Even when it launches something new, it's usually after a lot of careful consideration. It's almost never first to a new market, preferring instead to take its time watching everyone else try and figure it out . That's understandable--as the world's most valuable company , it has a lot to lose. Also, there's the fact that it owes its $2.5 trillion market cap to the fact everything it makes is built on the promise of being simple and secure. Apple, after all, is the it-just-works company . Of course, when it does get involved, it usually ends up on top . That's why it's so interesting to think about Apple and crypto. To most people, crypto is either a weird hobby that your computer-savvy friend is into but no one else understands, or it's a scam (or some degree of both). It has to do with mining or buying strangely named digital "coins," and hoping the value goes up enough that lots of other people buy them, making the … [Read more...] about Why the Future of Crypto Is Entirely Up to Apple