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[ad_1] Tesla and SpaceX CEO Elon Musk San Francisco: Elon Musk saw his wealth plummet by more than $12 billion in just a day as he faced chaos and disappointing news from across his companies — SpaceX, Twitter and Tesla. According to Bloomberg’s Billionaires Index, this was the biggest drop in Musk’s wealth so far…
[ad_1] Beijing: China has announced a price war on Elon Musk-run SpaceX, with doubling down on reusable rockets as part of its new aerospace programme. A new aerospace launching system is under development in China that requires cutting the cargo cost per kilogram to 5 per cent to that of the existing Long March rockets,…
[ad_1] San Francisco: Despite a rocky takeover of Twitter which saw Tesla stock tumbling by over 60 per cent, Elon Musk-in Tesla made more money than ever in 2022, as total revenue grew 51 per cent to $81.5 billion and net income more than doubled to $12.6 billion. In the fourth quarter (Q4) of 2022,…