Elon Musk Was Found Not Guilty In The Tweets Case
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Elon Musk is popular not only because of Tesla or recently Twitter, but also because of the events that concern him. Musk, together with his company SpaceX, is trying to create a rocket for interplanetary travel, and in the meantime, another of his companies - Tesla - is found not guilty.
In this article:
- Starship is a future
- Musk and tweets case
- Cryptocurrency regulation is coming
Starship is a future
Visions of the future of humanity beyond the Change appeared as early as the 1980s. With progress, it seems that humanity is on the verge of achieving this goal. That's why SpaceX created Starship.
Elon Musk is known for such visions, and has opined that the "holy grail" in making human life multiplanet lies in our ability to create a completely reusable rocket. System that can carry vast amounts of equipment, supplies - and people - deep into space.
The Starship project can be attractive to investors. Some experts have estimated that if SpaceX succeeds with Starship along with Starlink's global satellite internet venture, the company's valuation could soar into the trillions of dollars.
In addition to a success for the company, it may also be a success for the future of space travel.
Here's why Starship is indispensable for the future of SpaceX. Watch the video to learn more. https://t.co/VrgmwPexlI pic.twitter.com/FL53gNdJYQ
— CNBC (@CNBC) February 5, 2023
Read next: Difficult Decision Ahead Of The RBA, The Market Expects A 25bp Rate Hike| FXMAG.COM
Musk and tweets case
The topic of Elon Musk does not go away. Musk's attention has been split between Tesla, his rocket company SpaceX and now Twitter in recent months. Tesla investors have expressed concerns that running the social media company has taken up too much of his attention.
Beyond visions of the future at SpaceX, Musk has struggled with a lawsuit over his sometimes impulsive use of Twitter, the social media company he bought for $44 billion in October.
Tesla shareholders said Musk misled them when he tweeted on August 7, 2018 that he was considering buying the company at $420 a share, which is a premium. A US jury on Friday found that Tesla CEO Elon Musk and his company were not responsible for misleading investors.
Plaintiffs sought billions of dollars in damages, and the decision was also seen as important to Musk himself, who often expresses his views on Twitter.
'Thank goodness, the wisdom of the people has prevailed,' Elon Musk tweeted, adding that he was 'deeply appreciative' of a U.S. jury's decision that Musk and Tesla were not liable for his 'funding secured' tweets from 2018 https://t.co/owohhIOsEy pic.twitter.com/3XoA84jcps
— Reuters Business (@ReutersBiz) February 5, 2023
Cryptocurrency regulation is coming
After countless outbursts, scams, and manipulations throughout 2022, 2023 will be the year of cryptocurrency regulation in the US.
It meant it was time to hold the American public accountable and push for sensible regulation. What's more, there is a lot of interest and demand for it, but will the regulation of cryptocurrencies in the US be reasonable? What can you confess? How will the market and other countries react?
#Crypto regulation in the U.S. is like having spicy Mexican food: you know something bad's coming soon, but you don't want to think about it now. 😉https://t.co/AuolMd6Yt4
— CoinMarketCap (@CoinMarketCap) February 5, 2023
