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Elon Musk Mocks Bezos’ Moon, Space Colony Plans

Earlier in May, Bezos unveiled a new Moon-lander called “Blue Moon” after three years of development

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Elon Musk
Elon Musk, CEO of SpaceX and Tesla. Wikimedia Commons

SpaceX founder Elon Musk has mocked Blue Origin founder Jeff Bezos’ moon plans saying they make no sense.

Amazon CEO Bezos had described his vision of humans living on miles-long, orbiting space stations called “O’Neill colonies”, named after physicist Gerard O’Neill, who first floated the concept.

“Makes no sense. In order to grow the colony, you’d have to transport vast amounts of mass from planets/moons/asteroids. Would be like trying to build the US in the middle of the Atlantic Ocean,” Musk, who is also the CEO of Tesla, tweeted.

Elon Musk, tesla, tunnel
AI could be first ‘resident’ of Mars, hints Musk. (Wikimedia Commons)

The remark comes after Bezos attended a conference in Washington where he discussed his ambitious roadmap for Blue Origin to create a “sustained human presence” – housing up to a trillion people – on the Moon, the report added.

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Earlier in May, Bezos unveiled a new Moon-lander called “Blue Moon” after three years of development, along with a smaller rover at the Walter E. Washington Convention Centre.

“We must return to the Moon – this time to stay. We’re ready to support @NASA in getting there by 2024 with #bluemoon,” Blue Origin had tweeted. (IANS)

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Musk-run Tesla Hits $100-bn Market Value for the First Time

In the third quarter, automotive revenues were $5.35 billion. Tesla said it expected to deliver between 360,000 and 400,000 vehicles this year, representing 45-65 per cent growth

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Elon Musk, a technology entrepreneur. Pixabay

Signalling an all-electric future is coming our way, Elon Musk-run Tesla has hit the $100 billion in stock market valuation for the first time.

Tesla shares were last up 1.4 per cent at $555 after trading was closed on Tuesday, reports CNBC.

The milestone came less than a month after Tesla’s stock crossed $420 — a price Musk tweeted last year which put him in much trouble.

The $100 billion valuation must stay for both one-month and six-month average in order to help Musk get first of 12 tranches of $346 million in a record-breaking pay package.

Tesla is currently valued more than Ford Motor and General Motors combined.

Tesla logo
A Tesla logo is seen in Los Angeles, California. VOA

Musk lost his position as Tesla Chairman after posting a notorious tweet in August last year that he was “considering taking Tesla private at $420. Funding secured”.

The US Securities and Exchange Commission (SEC) sued Musk over the tweet, saying he misled investors by claiming falsely he had lined up funding for the take-private transaction.

Musk reached a settlement with the SEC, agreeing to give up his role as Tesla Chairman and pay a $20 million fine.

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Tesla surprised Wall Street in October by registering a profitable third quarter with a total revenue of $6.3 billion riding on sales of its Model S, Model X and Model 3 electric cars.

In the third quarter, automotive revenues were $5.35 billion. Tesla said it expected to deliver between 360,000 and 400,000 vehicles this year, representing 45-65 per cent growth. (IANS)