Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on Twitter • Be a Facebook Fan • Tumble us!

29 Jun 2010 21:16

tags

Biz: Tesla Motors’ IPO = Elon Musk isn’t broke anymore!

  • 40% the amount the stock increased on its IPO day (it was a great day)
  • 3.85% the amount the NASDAQ as a whole fell today (it was a bad day)

Elon Musk scored big, too

  • $70M the amount that Musk put into Tesla Motors all by himself – he was broke before today
  • $650Mthe amount that Musk’s share in the company is worth after today – not bad, duder
  • $15M the amount Musk took out to ensure his Tony Stark-like life can continue source
Posted by Ernie Smith • 0 Comments • Permalink

05 Jun 2010 12:30

tags

Tech: Effusive or faint praise? SpaceX’s commercial spacecraft gets both

It seems like everyone has an opinion on Elon Musk’s SpaceX company, which just launched its first commercial space flight, the Falcon 9, yesterday. source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2010 21:08

tags

Biz, Tech: Protip: Electric car companies not good for your finances

  • good Elon Musk, the guy who founded Paypal and runs Tesla Motors has a career so storied that the movie “Iron Man 2” is reportedly based on him. He’s kinda like Tony Stark in real life, kids.
  • bad Musk, however, has burned through all of his money trying to get Tesla Motors off the ground (along with a divorce), and he had a lot of it to burn through – over $100 million. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
top tags