Tag: jeff bezos
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Rivian revs up for $65bn valuation in IPO
The Jeff Bezos-backed electric carmaker Rivian is aiming for a market value of $65bn (£48bn) when shares start trading in New York, in one of the biggest-ever stock market floats. Rivian announced late on Tuesday that its shares would start trading at $78 each, significantly above the $52 a share lower end of the range…
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A single $6 billion donation from Musk, Bezos, and other billionaires could save a record 42 million people from starvation, World Food Programme director says
MANDEL NGAN/AFP via Getty Images; Joe Skipper/Reuters 42 million people are "knocking on famine's door," the director of the World Food Programme said. David Beasly is calling on billionaires like Elon Musk and Jeff Bezos to donate $6 billion to help. "Billionaires need to step up," Beasly said in an interview with CNN. The director…
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Elon Musk’s wealth surged by $36 billion, the largest single-day gain Bloomberg’s ever recorded
Tesla CEO Elon Musk is the world's richest person by a nearly $100 billion margin. picture alliance / Getty Images Elon Musk's net worth jumped to $288.6 billion on Monday, according to Bloomberg. Tesla's market value surged 13%, passing $1 trillion for the first time and bolstering Musk's fortune. Musk is now nearly $100 billion…
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Warren Buffett won’t be following Jeff Bezos and Richard Branson into space – he ruled out a rocket trip 25 years ago
Warren Buffett. CNBC Warren Buffett won't be following Jeff Bezos or Richard Branson into space. The investor once said he admired space explorers but had no desire to board a rocket himself. Buffett joked he would charge less to insure Elon Musk's Mars mission if Musk was on board. See more stories on Insider's business…
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Elon Musk wishes Richard Branson well ahead of his space flight, implies he will be there to watch the Virgin Galactic launch
Christophe Gateau/picture alliance via Getty Images, Drew Angerer/Getty Images Virgin Galactic plans to fly its first full crew to the edge of space on Sunday, including founder Richard Branson. SpaceX CEO Elon Musk implied on Twitter he would be at the launch to watch the flight. Virgin Galactic's space plane is set to fly with…
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Elon Musk’s Mom Gushing Over Her Son on Twitter Comes at a Curious Time For the Billionaire
This afternoon on Twitter, the hashtag #WeLoveYouElon — as in Elon Musk, the billionaire CEO of both Tesla and founder of aerospace firm SpaceX — briefly exploded following account DogeCoin Movement tweeted out the label with the “rocket” emoji and call to actions “trend it,” internet-speak for boosting something in popularity that it attracts notice.…
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The 6 richest Americans are worth more than the GDP of 13 US states combined, including Delaware, Maine, and Hawaii
Tesla CEO Elon Musk and Amazon CEO Jeff Bezos. John Locher/AP and Odd Andersen/AFP via Getty Images According to Forbes, six Americans are worth more than $100 billion, making them centibillionaires. Their combined fortune of $815 billion is just over the collective GDP of the US' 13 poorest states. Amazon CEO Jeff Bezos is worth…
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Elon Musk’s Net Worth Falls $15 Billion As Tesla Shares Drop 9% In One Day
PA Elon Musk has slipped back down to the second spot on the world’s richest list after his net worth dropped by $15 billion. Tesla shares fell by 9% yesterday, February 22, marking the company’s biggest one-day drop in value since the end of September. As a result, Musk saw his mighty fortune decrease to…
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Daily Crunch: Jeff Bezos will step down as Amazon CEO
The Bezos age is ending, Uber acquires Drizly and Tesla remembers 135,000 automobiles. This is the Daily Crunch for February 2, 2021. The huge story: Jeff Bezos will resign since Amazon CEO Amazon announced today that founder Jeff Bezos would be transitioning from CEO to executive seat from the next quarter of the year. Andy…
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While CEOs across America decry the rampage in Washington, Jeff Bezos is silent and Elon Musk is posting memes
Jeff Bezos (Abandoned ) along with Elon Musk. REUTERS/Joshua Roberts After Wednesday’s assault on the US Capitol, business leaders from a selection of industries, such as finance, tech, and automotive, have contested the rampage. However, two of the planet’s most powerful CEOs — Elon Musk and Jeff Bezos — have yet to issue a statement…