Last month, Elon Musk had revealed that SpaceX plans a test flight in October that would send the vehicles 20 kilometers up, away from the Earth's surface.
The founder fo SpaceX had first floated the idea to nuke Mars in a 2015 chat show
A computer software, which needs training to learn from data, is expected to boost global GDP by 1.2 percent a year as per Mckinsey
Unlike national pride that powered the first wave of space race, mercantile interests now spur spacefarers. Monetising access to space and space-based services and resources is the name of the game.
Musk and members of the Neuralink team laid out progress they have made on their mission at an event held in San Francisco to recruit talent in software, robotics, neuroscience and more.
In the quarter, Tesla delivered 77,550 Model 3s - seen as a linchpin for its growth into a mass-market company
The mission, dubbed Space Test Program 2 (STP-2), is the third one for the Falcon heavy rocket, described as the most powerful launch system in the world.
In February, Musk briefly changed his display name to 'Elon Tusk' and added an elephant tag to his account.
The hyperloop competition is sponsored by SpaceX with the goal of spreading awareness on the idea and invite the best minds from across the world to work on developing the concept.
Tesla’s stock rose 3.6% to $225 in extended trading, and Musk also said the company was on track to hit its volume production goal by the end of this year.
If this project turns out to be a success, internet speed will increase by 40 times, regardless of the location it is accessed from.
While it is yet unknown what could have led to the unusual hiring, it is believed that a viral tweet about a sheep was instrumental in his new job.
"I truly believe that it's not just one partner who can contribute to the electric car dream in India. There are multiple agencies who will be involved in this," said Venkatesh Natarajan of Ashok Leyland
The company said in the filing that it would seek to raise $650 million in new shares and $1.35 billion in debt, with underwriters having the option to buy an additional 15 percent of each offering, potentially raising the proceeds to $2.3 billion.
Musk is not the only top executive of a company to see potential with Bitcoin.
The agreement lifts a cloud that has hung over Musk as Tesla tries to ramp up production of its most important vehicle, the Model 3 sedan, and make a profit at the same time.
The SEC in February sought to have Musk found in contempt of a fraud settlement last year after the CEO tweeted details about Tesla production numbers that were not vetted by the electric vehicle company's attorneys.
Tesla plans to resolve logistics issues with global vehicle deliveries after weathering a challenging few months, also marked by staff layoffs and a public spat between Musk and U.S. financial regulators.
The 23-story-tall Heavy, which previously launched Musk's cherry red Tesla roadster to space in a 2018 debut test flight, blasted off from Florida's Kennedy Space Center carrying its first customer payload.
At a hearing in Manhattan federal court, U.S. District Judge Alison Nathan gave both sides two weeks to work out their differences, and said she could rule on whether Musk violated his recent fraud settlement with the regulator if they failed.
The SEC on February 25 accused Musk of violating his October 2018 settlement by posting material information about Tesla on Twitter six days earlier, without first seeking approval from company lawyers.
The news website posted a copy of an internal email from Musk rallying Tesla troops to pitch in with "a massive wave of deliveries" throughout Europe, China and North America.
The Securities and Exchange Commission wrote in a filing in federal court in Manhattan that Musk's Feb. 19 tweet to his more than 24 million Twitter followers claiming the electric vehicle-maker would build around 500,000 cars in 2019 contained or could have contained information material to Tesla or its shareholders.
Musk's "single, immaterial" tweet to his more than 24 million Twitter followers claiming the electric vehicle-maker would produce around 500,000 cars in 2019 also complied with company's communication policy for senior executives, a condition of the settlement, lawyers for the Tesla chief wrote in a filing in federal court in Manhattan.