Category Archives: SpaceX

Elon Musk’s Net Worth Journey: Now Down $200 Billion Since Peak

In January of 2021 Elon Musk became the second person to be publicly recognized as having a fortune of over $200 billion. The first person to get credit for this “feat”? Amazon’s Jeff Bezos. The all time high for Musk’s worth, as calculated by Bloomberg, was $340 billion, which was tallied at that absurd figure in November of 2021.

This amount coincided with the all time high for the stock of Tesla – which has since dropped its market cap by $880 billion while falling around 73% from the peak.

Again the $200 billion figure crosses Elon Musk’s path, this time on the downside, as he became the first person in history to lose $200 billion. Doing the simple math (which could be single dollars but in this case in in billions) in a bit over a year his fortunes changed to the tune of $340 billion > minus $200 billion leaving him with a “paltry” $137 billion to squeak by on.

Of course, this still leaves him with enough scratch to be the #2 richest person in the world after Bernard Arnault, the LVMH French luxury goods titan.

A little refresher on Elon Musk’s journey

As founder and CEO of SpaceX, Tesla, Neuralink, and The Boring Company, Elon Musk has made significant contributions to the development of electric vehicles, space exploration, and artificial intelligence. Musk has also been involved in other ventures such as PayPal and SolarCity.

In the early 2000s, Musk was primarily known for his role as CEO of PayPal, an online payment company that he co-founded in 1998. PayPal was acquired by eBay in 2002 for $1.5 billion, and Musk’s net worth at the time was estimated to be around $100 million.

After the sale of PayPal, Musk turned his attention to SpaceX, a company he founded in 2002 with the goal of reducing space transportation costs and enabling the colonization of Mars. In 2008, SpaceX became the first privately funded company to send a spacecraft to the International Space Station, and in 2012, it became the first private company to send and dock a spacecraft with the ISS. These milestones significantly increased the value of SpaceX and contributed to Musk’s growing net worth.

In the mid-2000s, Musk also became involved in the development of electric vehicles through his involvement with Tesla, a company he co-founded in 2003. Tesla’s first production vehicle, the Roadster, was released in 2008 and received widespread acclaim for its performance and range. In the years that followed, Tesla released several more electric vehicles, including the Model S, Model X, and Model 3, which have all been successful in the market.

Musk’s net worth experienced significant growth in the 2010s, particularly in the last few years. In 2020, Tesla’s stock price soared, and as a result, Musk’s net worth increased by over $100 billion. In 2021, his net worth reached over $200 billion, making him one of the wealthiest people in the world.

In addition to his work with SpaceX and Tesla, Musk has also been involved in other ventures, including Neuralink, a company that develops implantable brain-machine interfaces, and The Boring Company, which focuses on tunnel construction and transportation. These ventures have also contributed to Musk’s net worth.

If his recent purchase of Twitter and the attendant brouhaha played any role in the Tesla crash and his turn of fortunes is unclear. He denies that anything other than inflation is at fault.

Elon Musk’s net worth has fluctuated significantly over the years, but it has experienced significant growth in recent years, particularly in 2020 and 2021. His success is largely due to his involvement in companies such as SpaceX, Tesla, Neuralink, and The Boring Company, which have all had a significant impact on various industries.

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Why Elon Musk Really Bought Twitter V2

Straight from a follower named “Spam Bot” the real reason…

Yesterday we published a story featuring a theory floated by a lady who, apparently, worked for Tesla for a decade, who believes that Elon is a “humanist” and wants to save the planet and needs Twitter to help him better communicate his ideas and solutions. No, not reinstating Trump, but she claimed it was all about global warming.

Not long after that article hit the airwaves, “Spam Bot”, reacted and posted a message (see photo below) where he (or she? or they?) outlined what’s really goin’ on:

Here’s the posted text in its entirety:

“Elon’s plan will soon be clear. Setting aside the fact the guy is an Alien (he literally admitted it) the ultimate plan is frightening. Twitter is key.

He needed to get rid of the engineers to rewrite the app.

After the re-engineering Twitter will be re-coded to subliminally force everyone to either buy a Tesla, Cybertruck or generate an uncontrollable urge to get into a Boring company pod.

Then, using the vast Starlink constellation a signal will be sent and all the Teslas, trucks and Boring pods will suddenly lock trapping the passengers inside.

The controls will freeze and they will autonomously head to the nearest Starbase launch site where flamethrower bearing a highly advanced version of the recently previewed ‘Musk clone robots will force NeuraLink implants deep into each persons cerebral cortex and then send them, like lame zombie sheep into waiting Starships for the journey to Mars.

Controlling everyone via NeuraLink, humanity will quickly devolve into a slave species, serving the Mars overlords for all of eternity. (Except for brunette Goth virgins. Virgins will be celebrated as honored guests and taken to a great feast within the Martian temple.

Afterwards they will be stripped naked, tied up and boiled alive to be consumed by the festive Martians).

Earth will be plundered for its remaining natural resources and die off becoming just another sphere of lifeless space rock eventually breaking apart into smaller and smaller pieces until turning to dust, scattering, and finally leaving the galaxy to drift into the abyss. It’s all so clear – you just need to put the pieces together.”

The actual comment left on Flipboard

Ok, let’s all take a short pause to, um….

If anyone is offended (or frightened ) by that, apologies on behalf of Lynxotic. As a writer it is important to always have something to say. This, text, this outpouring of strung together amalgamation of brand names and alien motivations has rendered this scribe… almost speechless…

To unpack this, in spite of being dumbfounded, the first thing that comes to mind is that “Spam Bot” gives Elon too much credit. Sure, he has admitted to being an alien, yes he is the wealthiest person on the planet, sure, his companies do all seem to fit together in a neat little puzzle that could enable exactly such a scenario…. But, no, it is not likely (hahaha) that this scenario is true, at least not all of it.

Actually, the idea that it was Elon’s intention all along to fire nearly all of Twitter and the mass exodus was what he wanted all along, does kind of make sense. If he really does want to rebuild it from the ground up, what better way to get rid of nearly all the employees than to find a clever (?) way to get everyone to quit (without looking really bad for firing everyone just before the holidays) .

And it will be quite entertaining to see how this plays out. For example, as we note in a new article coming today, Mastodon is growing fast and there’s an interesting possibility that a migration en mass over there could be a major upgrade.

Maybe that was Elon’s plan all along!

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Elon Musk: Starlink Internet Service is Active in Ukraine

Above: Photo / SpaceX

In response to tweet by the Ukrainian Technology Minister, Musk confirms his Support

Even as Russian rockets target Ukrainian civilians a recent twitter exchange confirms that Elon Musk has pledged his support and sent additional terminals en route to bolster the Starlink service in the embattled country.

“While you try to colonize Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people! We ask you to provide Ukraine with Starlink stations.” – Ukrainian minister of digital transformation Mykhailo Fedorov on Twitter

In response to the tweet above, a simple but direct reply came from SpaceX founder Elon Musk; Starlink service is now active in Ukraine. More terminals en route.

— Elon Musk (@elonmusk) February 26, 2022

This news comes on the heels of a successful launch of a constellation of satellites by SpaceX on Friday. The potential is real for Starlink Terminals to enable internet connectivity in remote areas after Russian forces knocked out terrestrial internet during the invasion, ordered by Russian President Vladimir Putin.

Naturally during the Russian attack national connectivity is essential and more ground terminals, consisting of a satellite dish that can be mounted and aimed at the low earth orbit satellite internet system could be key.

Ukrainian President Volodymyr Zelenskyy recorded a response Saturday night, saying that was it was ‘brutal’ as Russia ‘attacks everything including ambulances’.
European nations along with the United States have pledged support by imposing sanctions and both humanitarian aid and support for Ukraine defense forces and military operations in the form of weapons and other means to resist after the historic unprovoked attack.

Since the siege first escalated early Thursday morning, as reported by the associated press, on command of the Russian President, massive explosions were seen and heard, first in Eastern Ukraine, and later further west, leading to a series of significant disruptions near Kiev.

On Sunday, after Russia said on Saturday evening that they sent a delegation to Belarus to enable talks with Ukrainian Government official representatives.

This option was ruled out by President Zelenskvy, however, who indicated that Ukrainian officials would not be accepting this invitation noting that it “could have been possible” if the Russian military had not attacked Ukraine from the territory of Belarus.

The Russian invasion, deplored by vast majorities of the world, including sane Russians, has expanded the fight from eastern parts of the country, where armed conflict has been underway since 2014.

The buildup of troops around the boarders over the last several months signaled to the outside world that Russian troops would soon be launching an invasion that would be the largest in Europe since WWII.

In an earlier tweet, spacex billionaire elon musk also updated the status of his promise to help other areas of the world by providing SpaceX’s Starlink broadband internet service to Tonga, which suffered after a volcanic eruption and tidal wave that knocked out the country’s connectivity.

The benefits of the company’s Starlink system and its ability to beam satellite broadband service to remote communities without the need for cell towers or fibre-optic cables are being seen in real-time as a consequence of these tragic recent global events.

Starlink Launch, February 25, 2022

The Tesla CEO and tech billionaire has made a point of responding to areas in need, such as power shortages in Australia in 2017, when a massive battery system was offered to assist.

While it remains to be seen what the overall potential effectiveness of these satellite terminals and ground stations will be and how useful they will become for the Ukrainian people during this time of crisis, the local resistance’s ability to gain a stronger foothold and better communications via the use of these active Starlink satellites, and the new internet access they will provide, could be a significant factor.

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Musk vs Bezos: Judgement Day

Federal judge quashes Bezos’ lawsuit against NASA over SpaceX contract In the ongoing and ever escalating feud between worlds 1st & 2nd biggest billionaires things just got meme-ier Sad, bad loser Bezos turned to the courts when his dick-rocket compensation company was passed over for the 2.9 billion $ manned lunar lander contract that was awarded exclusively to Musk’s SpaceX.

Above: Photo Collage / Lynxotic / Tesla / Various Sources

Musk’s Twitter Feud with Bezos goes back to the early days of Blue Origin, when Musk dubbed the future penile manufacturer a “copy cat” and proceeded by lambasting his “blue balls” marketing campaign and then turning the focus to his full time career as a litigant in sour-grapes lawsuits…

The complaint was brought against NASA by Blue Origin via the government watchdog, the Government Accountability Office, claiming that the decision, which NASA said was made for reasons of budget, was “anticompetitive”.

Let that sink in, Bezos, the man behind amazon’s well known and all pervasive anticompetitive marketplace practices, which are currently under siege by the FTC and multiple governments around the globe, feels that it’s “unfair” that his “rocket-looks-like-a-xxx” manufacturing company was not picked to get a multibillion dollar contract.

“Anticompetitive” is a concept not unfamiliar to the ex-Amazon CEO

Above: Screenshot of Reuters Article

A recent Reuters Special report outlined how a treasure trove of internal documents exposed a pattern that nails just what “anticompetitive” looks like: at Amazon.

Though accusations were denied by the company, Reuters research into the voluminous documentation revealed that ” the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines in India, one of the company’s largest growth markets. The employees also stoked sales of Amazon private-brand products by rigging Amazon’s search results so that the company’s products would appear, as one 2016 strategy report for India put it, “in the first 2 or three … search results” when customers were shopping…”

Boo hoo? Musk, ever the master of meme generation, celebrated the news with a meme-tweet of Sly Stallone’s Judge Dredd with the caption “You have been Judged”. What Bezos will not be participating in is The Human Landing System program, a NASA initiative to design a lunar landing system that could return humans to the moon in 2024.

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SpaceX Docu-series on Manned Mission about to Launch on Netflix

Above: Inspiration4 Crew Members / Photo / Netflix

What do a billionaire, cancer survivor, geoscientists and a data engineer have in common? 

 For the first time on the streaming platform, Netflix will offer a 5 part docuseries covering the SpaceX’s Inspiration4 Mission in near real-time.

The series will cover SpaceX’s first all civilian mission (no astronauts!) as they prepare and train for the mission, the live launch coverage from Kennedy Space Center in Florida, as well as footage from inside the Crew Dragon spacecraft as the 4 passenger crew orbit the Earth on the 3 day mission. 

Unlike recent flights from Virgin (Richard Branson) and Blue Orbit (Jeff Bezos) that led suborbital flights, Inspiration4 will reach higher altitudes than that of the International Space Station and make history as first all-civilian mission to orbit.

Multiple firsts and groundbreaking accomplishments that go beyond, way beyond…

Breakdown for Netflix’s “ Countdown: Inspiration4 Mission to Space”

  • Monday, September 6: Meet the four civilians heading to space
  • Monday, September 13: Watch them prepare
  • Wednesday, September 15: Watch the live launch
  • Thursday, September 30: Spend time with the crew in space

The Inspiration4 Mission which was brokered as a private deal by 38 year old Jared Isaacman, CEO of Shift4 Payments with SpaceX.

Isaacman will lead the mission along with his 3 other crew members:  29 year old Hayley Arceneaux who will act as chief medical officer , 51 year old Dr. Sian Proctor (mission pilot), who will become the fourth Black female American in space and 41 year old Christopher Sembroski, a veteran of the U.S. Air Force who will be the mission’s specialist. 

The mission also serves as a $200 million fundraising campaign for St. Jude Children’s Research Hospital.  

A day before the launch day, Netflix will also launch “A StoryBots Space Adventure” on Sept.14 which is a live-action/animation special where Inspration4 crew members will participate by answering some of kids’ most pressing space related questions. 

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