elon-musk-overtakes-bill-gates-to-become-world’s-second-richest-person-behind-jeff-bezos

Elon Musk overtakes Bill Gates to become world’s second richest person behind Jeff Bezos

Elon Musk has passed Microsoft co-founder Bill Gates to become the world’s second richest person, according to the Bloomberg Billionaires Index. The Tesla CEO’s net worth now sits at around $128 billion, after increasing by $100 billion this year. There is a sizable gap between Musk and the number one spot, which is currently held by Amazon CEO Jeff Bezos who has a reported net worth of around $182 billion. In January, Musk ranked 35th on the list, Bloomberg reports.

For an idea of how the wealth of these men compares to the average American household, check out this amazing data visualization produced earlier this year in which every pixel represents $1,000.

Musk’s rapid ascent up the list has mainly been driven by Tesla’s share price. The car company currently has a market cap of almost $500 billion, after starting the year at under $100 billion. The Guardian reports that Tesla has the highest market cap of any car company in the world, despite producing a fraction of the cars of more established automakers. This year it expects to produce 500,000 cars, compared to around 10 million for a company like Toyota. Around three quarters of Musk’s net worth consists of Tesla shares, according to Bloomberg.

Musk’s other major venture, SpaceX, has also seen recent success. Last week the company transported four astronauts to the International Space Station aboard its Crew Dragon spacecraft. It follows the company’s first crewed flight to space in May this year.

Bill Gates sat atop the Billionaires Index for years until he was overtaken by Jeff Bezos in 2017. Bloomberg notes that Gates would probably have a higher net wealth right now if he hadn’t given so much money to charity, including the over $27 billion he’s donated through the Bill & Melinda Gates Foundation since 2006.

Gates and Musk have had some high-profile disagreements this year. In September, Musk said Gates had “no clue” about the viability of electric trucks, after the Microsoft co-founder said that electric semi-trucks, along with electric cargo ships and passenger jets, will “probably never” be practical. Earlier this year Gates told CNBC that Musk should avoid making big predictions about areas he’s not familiar with, after the Tesla CEO downplayed the risk of the COVID-19 pandemic.

Musk overtook Facebook CEO Mark Zuckerberg last week when he became the third-richest person on the Billionaires Index. Zuckerberg has since fallen to fifth in the rankings after he was overtaken by French businessman Bernard Arnault.

spacex-has-postponed-the-launch-of-the-starlink-satellites-to-november-24th

SpaceX has postponed the launch of the Starlink satellites to November 24th

SpaceX has postponed the launch of the 34 Starlink satellites from this morning (Italian time) to 24 November 2020 for reasons yet to be clarified. It would be one of the record-breaking pitches with the first stage making its seventh pitch.

by Mattia Speroni published , alle 16: 51 in the Science and Technology channel

SpaceX

This morning, around 3. 30 (Italian time) there should have been yet another launch of the Starlink satellites by by SpaceX . The company of Elon Musk has however decided to postpone the launch for reasons still unclear until tomorrow morning , Italian time (at 3. 34).

The launch of new SpaceX Starlink satellites postponed

No problem with the load of 60 satellites or the launcher as reported by the same SpaceX in a tweet . The message reads “We have given up on today’s Starlink launch. The rocket and payload are in good condition . I team will take additional time to complete the data reviews and are now working on the backup opportunity for Monday 23 November at 21: 34 but keeping an eye on the time in the recovery area “.

This would not have been a satellite launch like the others for SpaceX . In fact the first stage had already been used in six missions. With the one that should have started today there would have been seven: a record . In particular, the first mission was in September 2018 (Telstar 18 VANTAGE), then January 2019 (Iridium -8) and four missions dedicated to Starlink (from May 2019 to August 2020).

The mission should have departed from Cape Canaveral in Florida with the first stage that was supposed to land on the OCISLY drone barge (Of Course I Still Love You). fairing , ie the load covers, had already been used: one half once while the other two. We remind you that even these components that seem “economic” actually cost about $ 6 million.

This mission of SpaceX would also have been important due to its proximity to the satellite launch NASA / ESA Sentinel-6 Michael Freilich always happened with a Falcon 9 , which took place on the evening of 21 November. In fact, they would have been two launches made by a private company at a very short distance from each other.

We also remember that as the constellation of Starlink satellites there will be more and more possibilities for users to connect. The phase of beta testing has begun in recent weeks public call “Better Than Nothing Beta” with the delivery of the kits to the various users, with an astronaut among them. In March 2021 it could be the turn of the European market with the first users who will be able to connect to the satellites of SpaceX .

green-parliamentary-deputy-elon-musk-writes:-tesla-should-buy-street-scooters

Green parliamentary deputy Elon Musk writes: Tesla should buy street scooters

Oliver Krischer, deputy chairman of the Greens parliamentary group in the Bundestag, has written a letter to Tesla boss Elon Musk. Under his official letterhead he writes: “I would be delighted if you looked into taking over the Streetscooter company and thus also innovative electric transporters.” The Deutsche Post wants to stop the production of the electric van for reasons that are not inventive for Krischer and is currently looking for a buyer in a second attempt.

There is a “strong optimism” for electric cars in Germany, but for vans and delivery vehicles it has collapsed, writes Krischer in his letter. In this segment, however, there are good growth prospects and little competition. “The Streetscooter company is a pearl in the field of electric vans and would make a sensible addition to Tesla’s range of models,” the letter said. And since Deutsche Post DHL is still 17 percent state-owned, politicians also influence that sales talks are conducted with the necessary seriousness; after all, it is about more than 80 jobs only in the final assembly of the street scooter.

Musk creates awareness Musk has greatly stimulated the debate about electric cars in Germany with his decision to set up a Tesla production facility in Grünheide. Many people are only now becoming aware of the opportunities that electric mobility offers and how many new jobs can be created. The street scooter is popular with customers and the order books are not empty. For the Post it was possible that not only factual arguments played a role in giving up the Streetscooter company.

In February, the Post announced that the Streetscooter would only be available until the end of 2020 should be built. Before that, the company had spent months trying to find potential buyers; it had emphasized that it did not want to become an automaker itself. The group subsidiary is to become a pure operator of the existing fleet. Swiss Post recently decided to extend production until next year. A few thousand more electric transporters are to be built for the Post’s own use, they said. Photos) The Streetscooter Work has a peak performance of 48 kW and a continuous output of 38 kW. The range is 80 km.

(Image: Deutsche Post DHL) Among other things, Krischer is the political coordinator of the Environment & Energy and Transport & Building working group for the Bundestag Greens. For the upcoming federal election 2021 he has decided to win a direct mandate for the Greens in the constituency of Aachen I. The street scooter final assembly is located in the region there.

(anw)

elon-musk-says-he’s-tested-positive-(and-negative)-for-covid-19

Elon Musk says he’s tested positive (and negative) for COVID-19

Elon Musk took to Twitter Thursday night to say that he has received mixed results after being tested for COVID-19 and is currently experiencing symptoms of a common cold. Musk says he was tested four times using a rapid antigen test: two tests came back positive and two came back negative. He’s also awaiting the results from two PCR tests but the results won’t be known for 24 hours.

Antigen tests work by detecting a small protein on the surface of the coronavirus, whereas PCR tests look for the virus itself. Antigen tests can be conducted quickly as they don’t require a lab, and are often administered in hotspots like college campuses or elderly care facilities. Some states don’t even bother reporting the results of antigen tests in their overall case numbers, according to a survey published in September by Kaiser Health News (KHN).

Something extremely bogus is going on. Was tested for covid four times today. Two tests came back negative, two came back positive. Same machine, same test, same nurse. Rapid antigen test from BD.

— Elon Musk (@elonmusk) November 13, 2020

Musk has been spreading doubt, confusion, and sometimes outright misinformation about the coronavirus. He’s accused doctors of inflating case numbers for financial reasons, promoted a widely discredited paper on the benefits of chloroquine, called shelter-in-place orders “fascist,” and dismissed panic associated with the pandemic as “dumb.” In March he predicated “close to zero new cases” by the end of April.

The US is currently seeing another spike in COVID-19 cases. Just a week after reporting 100,000 cases in a single day, public health officials recorded a record 160,000 new cases on Thursday, according to the New York Times. Hospitalizations for COVID-19 also set a record of 67,096 on the same day, according to the Covid Tracking Project.

teslawerk-grunheide-is-to-manufacture-a-new-generation-of-batteries

Teslawerk Grünheide is to manufacture a new generation of batteries

The US electric car manufacturer Tesla plans to produce batteries with new technology in its first factory in Europe. In Grünheide near Berlin, larger and more powerful cells should be manufactured than usual, it was said on Wednesday from well-informed circles.

Precondition for electromobility in the mass market This was already an issue at the Tesla “Battery Day” in September in Fremont (USA). Efficient and inexpensive batteries are a prerequisite for electromobility to establish itself in the mass market. At “Battery Day”, Tesla boss Elon Musk spoke about innovations in battery technology, but previously dampened hopes for an immediate breakthrough on Twitter.

Before one year (12. Dec. 2019) the Tesla boss in Berlin had announced that that the European factory is to be built near the federal capital. Several federal states wanted the plant. Construction in Grünheide is now progressing rapidly. However, Tesla has so far only been building through provisional approvals because the final environmental approval from the Brandenburg State Environment Agency is still pending. The authority recently approved the supporting structures for roofs and external walls in the area of ​​the foundry and the press shop. An application for the paint shop is still being examined.

The automaker is sticking to its schedule. Tesla wants to manufacture electric cars in Grünheide from July 2021. In a first stage are 500. 000 vehicles per year with around 12. 000 employees. Conservationists and residents criticize the project and fear, among other things, problems with drinking water. Tesla had lowered the forecast water consumption after criticism. From the well-informed circles it was now said that there would be continuous checks to further reduce consumption. The Brandenburg State Environment Agency is currently evaluating the results of a hearing from critics.

(fpi)

employment-agency-boss:-tesla-pays-high-starting-salaries-in-grunheide

Employment agency boss: Tesla pays high starting salaries in Grünheide

Tesla’s Gigafactory in Grünheide, Brandenburg, is still under construction, but numerous new jobs are to be created there in the coming year. When it comes to payment, Tesla should follow the collective bargaining agreement of the metal and electrical industry, said Jochem Freyer, head of the Frankfurt (Oder) employment agency, in a newspaper interview.

“Tesla pays significantly better than is customary in the area and will be based on the collective wage agreement of the metal and electrical industry,” Freyer told Handelsblatt. He was particularly pleased that the Americans also gave the unemployed and people without suitable training a chance to work in Grünheide. The starting salary is 2700 gross euros per month, which is also very high for this region. With relevant vocational training 3500 gross euros and more should be possible.

First of all, the employment agency wants around 200 Refer warehouse employees to Tesla until the beginning 2021. According to Freyer, around 7000 permanent full-time positions should be created in the Gigafactory by the summer. Interested parties can apply on the company’s website.

Musk has already conducted job interviews on site Last Friday, Tesla boss Elon Musk was in Grünheide and also conducted a few job interviews. He was looking for engineers for the new factory who could solve problems.

Meanwhile, construction is stagnating because the Brandenburg State Environment Agency does not have a permit. The schedule for 2021 is therefore not in danger, it was said from well-informed circles.

(cbo)

flying-taxi-startup-lilium-will-build-a-hub-for-its-electric-aircraft-in-florida

Flying taxi startup Lilium will build a hub for its electric aircraft in Florida

One of Germany’s premier flying taxi startups just gained a foothold in the US. Lilium, the five-year-old venture-backed startup from Munich, announced that it will build a 56,000-square-foot transportation hub for its aerial taxi service in Orlando, Florida. The company aims to have passengers taking regional trips in its electric five-seater aircraft starting in 2025.

Lilium says it will construct a $25 million “vertiport” in Lake Nona, a planned community of about 65,000 people within the Orlando city limits. It will work with the primary real estate developer in the area, Bahamas-based Tavistock Development Company, on the development and construction of the vertiport.

Lilium says its project will be privately financed, though the Orlando city council is considering awarding the company an $831,250 tax break over nine years, according to the Orlando Business Journal. Lilium says it will create more than 100 jobs, and the city estimates the transportation hub will generate $1.7 million in economic activity in a 10-year period.

Lilium is the latest electric vertical takeoff and landing (eVTOL) startup to take an incremental step toward launching a full-scale regional transportation service. The company’s chief operating officer, Remo Gerber, told The Verge the plan is to create service where passengers can fly to nearby cities in a much shorter time than it takes to drive.

“So now they can connect to Tampa in 30 minutes, which is a notorious one-and-a-half to two-hour drive,” Gerber said. “There’s no other alternative to get there. But you can not just get to Tampa, but you can go one further, two extra minutes and you’re in St. Petersburg.”

Lilium burst out onto the scene in 2017 when it announced the first test flight of its two-seater prototype. Two years later, the company started testing its five-seater prototype, the Lilium Jet.

The Jet is not your typical aircraft: there is no tail, rudder, propellers, or gearbox. It has an egg-shaped cabin perched on landing gear with a pair of parallel tilt-rotor wings. The wings were fitted with a total of 36 electric jet engines that tilt up for vertical takeoff and then shift forward for horizontal flight. In final form, the Lilium Jet will have a range of 300 kilometers (186 miles) and a top speed of 300 km/h (186 mph), the company says.

That’s much farther than many of its competitors are predicting of their electric aircraft. Gerber said this was due to the Jet’s fixed-wing design, which requires less than 10 percent of its maximum 2,000 horsepower during cruise flight.

Just this past year alone, the company has raised $275 million from investors, including Baillie Gifford, the 112-year-old Scottish asset management firm that is the second-biggest shareholder in Tesla after Elon Musk. But the funding round fell short of the $400–500 million that TechCrunch reported the company was pursuing last October. Lilium denies it was seeking to raise that much money, citing lower labor costs in Germany.

Lilium isn’t the only company with designs for flying taxis. There are more than 100 different electric aircraft programs in development worldwide, with big names including Joby Aviation, Volocopter, Ehang, and Wisk Aero, as well as planned offerings from Hyundai, Toyota, Airbus, Boeing, and Bell, which is partnered with Uber.

Lilium also isn’t the only eVTOL company with aims for a US-based service. Earlier this year, Chinese drone maker Ehang demonstrated its autonomous air taxi in the US for the first time, with its all-electric two-seater flying above a test track south of Raleigh, North Carolina, for about five minutes.

Another German startup, Volocopter, unveiled its latest model at the Consumer Electronics Show in 2018. It also built a pop-up vertiport in Singapore for a tech conference late last year. The company recently started accepting reservations for flights on its 18-rotor electric aircraft — though they won’t be filled until 2023 at the earliest.

Of course, Lilium and all of its competitors will need to overcome many serious technical, financial, and regulatory hurdles before any of their small, battery-powered aircraft are cleared for takeoff. Lilium has yet to publicly demonstrate that the Jet is safe for human passengers, nor has its battery range been independently verified.

The power-to-weight ratio is a huge challenge for electric flight. Energy density — the amount of energy stored in a given system — is the key metric, and today’s batteries don’t contain enough energy to get most planes off the ground. To weigh it out: jet fuel gives us about 43 times more energy than a battery that’s just as heavy.

There have been numerous demonstrations of battery-powered flight, but there are no electric aircraft in commercial operation anywhere in the world. Any flying taxi service will have to be certified by the US Federal Aviation Administration and numerous other aviation regulators across the globe. And Lilium still needs to figure out how it will produce its vehicles at mass scale.

“Building the networks, getting the approvals, is difficult and hard work,” Gerber said, “but I think all of it is possible. We know it’s possible, but it’s certainly something to remain humble about.”

pope-francis-urges-followers-to-pray-that-ai-and-robots-‘always-serve-mankind’

Pope Francis urges followers to pray that AI and robots ‘always serve mankind’

Pope Francis has asked believers around the world to pray that robots and artificial intelligence “always serve mankind.”

The message is one of the pope’s monthly prayer intentions — regular missives shared on YouTube that are intended to help Catholics “deepen their daily prayer” by focusing on particular topics or events. In August, the pope urged prayer for “the maritime world”; in April, the topic was “freedom for addiction.” Now, in November, it’s AI and robots.

Although the message sounds similar to warnings issued by tech notables like Elon Musk (the Tesla CEO famously compared work on artificial intelligence to “summoning the demon”), the pope’s focus is more prosaic. He doesn’t seem to be worrying about the sort of exotic doomsday scenario where a superintelligent AI turns the world into paperclips, but more about how the tech could exacerbate existing inequalities here and now.

(We should note also that the call to prayer came out earlier this month, but we only saw it recently via the Import AI newsletter because of the… events that have taken up so much of everyone’s time, energy, and general mental acuity in recent weeks.)

In his message, the pope said AI was “at the heart of the epochal change we are experiencing” and that robotics had the power to change the world for the better. But this would only be the case if these forces are harnessed correctly, he said. “Indeed, if technological progress increases inequalities, it is not true progress. Future advances should be orientated towards respecting the dignity of the person.”

Perhaps surprisingly, this isn’t new territory for the pope. Earlier this year, the Vatican, along with Microsoft and IBM, endorsed the “Rome Call for AI Ethics” — a policy document containing six general principles that guide the deployment of artificial intelligence. These include transparency, inclusion, impartiality, and reliability, all sensible attributes when it comes to deploying algorithms.

Although the pope didn’t touch on any particular examples in his video, it’s easy to think of ways that AI is entrenching or increasing divisions in society. Examples include biased facial recognition systems that lead to false arrests and algorithmically allotted exam results that replicate existing inequalities between students. In other words: regardless of whether you think prayer is the appropriate course of action, the pope certainly has a point.

nasa-certifies-spacex-for-regular-manned-flights-into-space

NASA certifies SpaceX for regular manned flights into space

NASA has certified the space capsule Crew Dragon from SpaqceX for regular manned flights into space, as the first privately manufactured spacecraft ever. The last time such a certification was granted was 40 years ago , at that time for the space shuttle, the US space agency now explains.

For Elon Musk and the company, the step is an important one Milestone. NASA is no longer dependent on ordering flights to the ISS for its astronauts in Russian space capsules and SpaceX is thus temporarily the only commercial NASA contract partner for manned flights into space.

No longer dependent on Russia With the certification, NASA can now implement its Commercial Crew Program after years of preparation. 2014 had commissioned the space agency SpaceX and Boeing to develop and test space capsules for manned flights in Earth orbit. This was preceded by the end of the space shuttle program, which is why the USA had no more opportunity since 2011 to fly astronauts into space themselves. Actually, the space capsules developed by the two companies should already 2017 be ready, but that had been delayed again and again. Rocket launch with heise online (First Kerbal, then SpaceX)

In May the first take-off was successful and the first regular flight with SpaceX technology is imminent. The bookings in Russia cost NASA around 71 million US dollars per Seat, at SpaceX it should be around 55 million dollars, writes CNBC.

At SpaceX, certification for regular flights is now seen as the culmination of years of development, testing and training. The engines have been tested over 700 times, the docking system over 500 Times. Eight million hours had flowed into HiL tests (Hardware in the Loop) and the parachutes were almost 100 Tried times. Manned flights into space are the core mission of SpaceX and it is honored to be able to help NASA usher in a new era of exploration of space. “I am very proud that we are returning to regular manned space launches from American soil with American rockets and spacecraft,” added NASA chief Jim Bridenstine.

First regular flight is pending The first regular flight of a SpaceX capsule to the ISS (Crew-1) is scheduled to start on Saturday and NASA astronauts Michael Hopkins, Victor Glover and Shannon Walker and her Japanese colleague Soichi Noguchi. They should then stay on the International Space Station for six months. Thanks to the space capsule from SpaceX, NASA can now increase the number of its astronauts on the ISS from three to four, which means that seven space travelers can now inhabit the outpost of humanity at the same time. In December, Boeing plans to start another unmanned test flight to the ISS so that it can also fly astronauts there next year.

SpaceX Crew-1 (9 pictures)
The Crew Dragon before the start

(Image: NASA / Joel Kowsky) (mho)

elon-musk’s-boring-company-is-hiring-for-a-possible-tunnel-project-in-austin

Elon Musk’s Boring Company is hiring for a possible tunnel project in Austin

The Boring Company, Elon Musk’s tunnel-digging venture, may be eyeing its next project in Austin, Texas. The company recently posted half a dozen new jobs in the city and tweeted favorably about Austin’s soil.

It’s not surprising that the Boring Company would target Austin for its next project. Musk’s other company, Tesla, recently announced that the city would be the site for its next factory, with a focus on Model 3, Model Y, and Cybertruck production.

Rumor has it that “Austin Chalk” is geologically one of best soils for tunneling. Want to find out? Austin jobs now available.https://t.co/imlQMDfprJ

— The Boring Company (@boringcompany) November 9, 2020

The jobs available in Austin range from electrical engineer to mechanical engineer, business development lead, and technical recruiter. It’s unclear whether the Boring Company has actually initiated conversations with local officials about a tunneling project. A spokesperson for the company did not immediately respond to a request for comment.

Whether a possible Austin project is connected to Tesla’s planned factory there also remains up in the air. If so, Tesla certainly has laid the groundwork by working with local officials for months on issues surrounding the factory. In July, officials in Austin approved a total of at least $60 million in property tax rebates for the company.

Tesla plans to hire up to 5,000 workers at an average salary of $47,147, with entry-level positions starting at $35,000. It will invest at least $1 billion and is planning to make a factory of between 4 and 5 million square feet.

The Boring Company has a 1.14-mile test tunnel near SpaceX’s headquarters in Los Angeles. It is also currently working on a system of tunnels to shuttle people under the Las Vegas Convention Center — though that project won’t carry as many passengers as originally estimated. The company’s plans to build a fast transit system in Maryland were recently scaled back, and its Chicago project is all but dead after Lori Lightfoot’s election as mayor in 2019.

starlink-internet-achieves-up-to-200-mbps-in-download-in-new-measurements

Starlink Internet achieves up to 200 Mbps in download in new measurements

Elon Musk plans to make Starlink a high-performance alternative for regions in which conventional network providers offer slow or no connections in the Internet. A few months ago, official measurements of download speed and ping were published, which are marked with 60 Mbps, or 20 to 90 ms represent good values ​​for satellite-supported Internet connections. A publicly available beta version of the service was launched in parts of the United States last month. With the speeds mentioned, the Internet service in rural areas already outshone most of its competitors.

Now speed tests that were compiled on Reddit show a significant increase in speed. The measurements in November revealed an average speed of around 100 Mbps, one measurement was even 200 Mbps. In some cases, this exceeds the speed that customers in cities can expect at the moment, but due to the high density of households, usage there has to be assessed differently than in rural areas. Nevertheless, with Starlink, the established providers have to adjust to a serious competitor. Especially since the stated values ​​have not yet been reached with the full capacity of the network. Starlink will launch many more satellites over the next few months in order to provide coverage across the board. It can therefore be assumed that the performance could increase significantly. Elon Musk himself speaks of a gigabit as the desired goal.

The satellite internet is an attractive alternative, especially for rural companies. The monthly costs are just under 100 US dollars, but a corresponding receiving device must be used for one-time 499 US dollars. Nevertheless, for many companies a fast, stable connection should be worth the cost. Even if there is availability in other parts of the world, it is still unclear when the service will be available in Europe and at what price.