Category Archives: Elon Musk

SpaceX founder and CEO Elon Musk has booked a ride to suborbital space with Virgin Galactic, according to media reports.

Richard Branson, the billionaire founder of the Virgin Group, made just such a trip on Sunday (July 11), flying on the first fully crewed spaceflight of Virgin Galactic's VSS Unity space plane. It was the fourth spaceflight overall for the six-passenger, two-pilot Unity, which is on track to start full commercial operations in early 2022, provided a few additional test flights this fall go well.

Branson told The Sunday Times that Musk has put down a $10,000 deposit to reserve a seat on a future suborbital flight, and a Virgin Galactic spokesperson confirmed the news to The Wall Street Journal. (The most recently stated full ticket price is $250,000.) It's unclear when Musk's flight will lift off.

Related: 'Welcome to the dawn of a new space age,' Branson says after launch

"Elon's a friend, and maybe I'll travel on one of his ships one day," the 70-year-old Branson told The Sunday Times. (SpaceX's Crew Dragon goes all the way to Earth orbit, and the company's in-development Starship system is designed to take people and payloads to the moon, Mars and beyond.)

Musk was on hand to witness Branson's flight, which lifted off from Spaceport America in New Mexico, Virgin Galactic's commercial hub. In the hours before Sunday's early-morning flight, in fact, Branson tweeted out a picture of himself standing next to a shoeless Musk.

"Big day ahead. Great to start the morning with a friend. Feeling good, feeling excited, feeling ready," Branson wrote in the tweet.

Another billionaire is set to fly to suborbital space next week. Blue Origin founder Jeff Bezos will ride on the first crewed spaceflight of his company's New Shepard vehicle, which is scheduled for July 20, the 52nd anniversary of the Apollo 11 moon landing. Also flying with Bezos are his brother Mark, pioneering aviator Wally Funk and the still-mysterious auction winner who paid $28 million for the seat alongside them.

Musk isthe world's richest or second-richest person (behind Bezos), depending on which day that evaluation is made, so he's certainly wealthy enough to sample various suborbital offerings. (Blue Origin has not disclosed ticket prices, but they're expected to be in the low six figures.) Given the longstanding rivalry between Musk and Bezos, however, it'd be something of a surprise if we see the SpaceX chief clamber into New Shepard anytime soon.

Mike Wall is the author of "Out There" (Grand Central Publishing, 2018; illustrated by Karl Tate), a book about the search for alien life. Follow him on Twitter @michaeldwall. Follow us on Twitter @Spacedotcom or Facebook.

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Grimes and Tesla CEO Elon Musks relationship has raised eyebrows since they surprised the world in May 2018.

Musk, 50, confirmed his breakup with the "Alter Ego" judge, 33, in a statement last month.

"We are semi-separated but still love each other, see each other frequently, and are on great terms," Musk toldPage Six.

The former couple met in April 2018 via Twitter after they traded quips about Rococo Basilisk and artificial intelligence.

ELON MUSK'S EX GRIMES SAYS SHE'S NOT A COMMUNIST AFTER SHE WAS SEEN READING KARL MARX: 'OPPORTUNITY TO TROLL'

Tesla CEO Elon Musk's hosting gig stirring up controversy within 'Saturday Night Live' cast. FOX Business' Maria Bartiromo, Dagen McDowell and Surevest CEO Rob Luna discuss on 'Mornings with Maria.'

"Elon was researching the idea of joking about Rococo Basilisk, and when he saw that Grimes whose real name is Claire Elise Boucher had already joked about it, he reached out to her," a source later told Page Six. "Grimes said this was the first time in three years that anyone understood the joke. They were both poking fun at AI."

The pair made their debut at the 2018 Met Gala when the Canadian singer donned a black and white ensemble to adhere to the "Heavenly Bodies: Fashion and the Catholic Imagination" theme while Musk wore a simple white blazer over black trousers.

HOW ELON MUSKS SNL APPEARANCE CREATED A SEISMIC SHIFT FOR HIS PERSONAL BRAND: EXPERT

However, many soon believed trouble to be brewing in their new romance when they unfollowed each other on social media in August 2018 before hitting the follow button on each other again, a pattern that would repeat during their relationship.

Here's a look back at their romance:

Tom Shillue, host of Fox Nation's 'Happy Hour,' argues Tesla CEO Elon Musk used his 'awkwardness to his advantage.'

Grimes said in an interview with the Wall Street Journal that Musk is a "super-interesting god---n person," before adding that she loves him. In an email to the publication, Musk returned the compliment.

"I love cs wild fae artistic creativity and hyperintense work ethic," he said.

'ALTER EGO' JUDGE GRIMES REVEALS SHE SUFFERS 'REALLY BAD MENTAL HEALTH EFFECTS' FROM BEING A PERFORMER

Grimes took to Instagram to reveal she was pregnant with the couples first child.The image showed a nude Grimes with a baby superimposed on her belly.

"Censored for insta haha - almost got away w it," she captioned the snap. Grimes confirmed that Musk is the father of the baby in a March cover story with Rolling Stone.

The same month, Grimes and Musk each unfollowed the other on Twitter again.

Grimes and Musk welcomed a baby boy named X A-12.

"Mom & Baby all good," Musk tweeted at the time.

Shortly after confirming the name, Musk replied to a fan who asked to see a photo of their baby boy, and he obliged.

"A pic of you holding the baby would break the internet ... " said another fan. "please share one."

Like clockwork, Musk promptly shared another image.

Following a back-and-forth Twitter exchange in which Grimes mother publicly called out Musk for tweets he made about taking the "red pill," Musk and Grimes unfollowed each other again.

ELON MUSKS SNL CONTROVERSY HAS PETE DAVIDSON CONFUSED: THIS IS THE DUDE EVERYONE'S FREAKED OUT ABOUT?

"I love you but please turn off ur phone or give me a [c]all," Grimes tweeted. "I cannot support hate. Please stop this. I know this isnt your heart."

She went on to delete the tweet.

In an interview given to the New York Times, Musk admitted that he hasnt done much in the early stages of his sons life.

"Well, babies are just eating and pooping machines, you know?" he said. "Right now, theres not much I can do. Grimes has a much bigger role than me right now. When the kid gets older, there will be more of a role for me."

Elon Musk confirmed his breakup with Grimes in a statement to Page Six last month. The former couple are seen attending the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at The Metropolitan Museum of Art on May 7, 201 (Photo by Theo Wargo/Getty Images for Huffington Post / Getty Images)

In early May, Musk took his shot at hosting "Saturday Night Live" and garnered rave reviews for his showing.

Grimes even got in on the mix, and Musk was also accompanied by his mother, model Maye Musk.

GRIMES SHARES WHY HER, ELON MUSK'S SON DOESNT CALL HER MOM: 'HE CAN SENSE MY DISTASTE FOR THE WORD'

Four months later, Grimes opened up her life to Vogue cameras ahead of the 2021 Met Gala and revealed to the world that she doesnt "identify" with the word "mom" and that her son "can sense [her] distaste for the word."

"I think having a baby was a big rebirth for me, like artistically," said Grimes. "Being a mother feels weird to say. For some reason, I don't identify with that word."

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"Which is also really weird because X, he says 'Claire,' but he doesn't say 'mama.' Which is so ... I'm like, "How are you...?'" she continued. "Like, maybe he can sense my distaste for the word 'mother.'"

The same month, it was revealed that Musk and Grimes had ended their relationship. However, Grimes said in a social media post that she is still living with the Boring Company boss despite their split.

Originally posted here:

Elon Musk, Grimes: A timeline of their romance - Fox Business

See space. Save billions.

Austin, Texas-based YETI Coolers last week unveiled a billboard over its flagship store in Austin emblazoned with those words, set against a backdrop of mountains and starry skies.

The apparent butt of this joke is the space race between billionaire Elon Musk and Jeff Bezos. Musks SpaceX announced this year its plans of building a state-of-the-art manufacturing facility in Austin. Bezos recently took an 11-minute flight to space that cost over $2.5 million per second, as the El Paso Times reported.

Read more: Peak Design battles Amazon knockoff with humor

With SpaceX and Tesla and everyone trying to get to Mars out of Texas it seems, we love the outdoors, and theres a lot of space out there, Paulie Dery, YETIs vice president of marketing, told Business Insider last week. Theres a big chunk of the world on this planet, and we think its pretty special and it doesnt cost you billions.

This is not the first tongue-in-cheek billboard that YETI has placed over its property. A past ad, also apparently Musk-related, depicted migratory ducks with the caption Theyre probably from California too. Ostensibly, that joke referenced the many business leaders who have relocated to Austin in recent years, including Musk himself, who moved in 2020 due to disagreements with Californias COVID-19 policy.

With a new Tesla factory under construction just outside Austin and an industrial site nearby that Musk is eyeing for The Boring Companya new creator of transportation, utility, and freight tunnelsthe billboard jabs from YETI are likely just getting started.

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YETI billboard in Texasapparently poking fun at Jeff Bezos and Elon Muskgoes viral - Outside Business Journal

Bitcoin was created in 2009 and in the next 11years, Elon Musk did not show any interest in the virtual currency. Then one fine day in early February 2021, he announced that Tesla bought coins worth $1.5 billion. This helped the cryptocurrency go through the roof, making it reach historical highs soon afterwards. This is now known as the Elon Musk effect in the virtual currencies market.

In the first week of October this year, the dogecoin spinoff Floki Inu coin jumped 30 percent after a tweet from Elon Musk. Musk has a dog named Floki, which is a Shiba Inu, a Japanese dog breed.

This is not the first time that Elon Musks tweet left crypto investors perturbed.

In March 2021, Musk stated I am getting a Shiba Inu". On June 25, he tweeted My Shiba Inu will be named Floki. Then on September 12, he tweeted Floki has arrived with a picture of his dog sleeping on the rug. As a result of these tweets, Floki Inu rose by 1,000 percent by Sep 15.

So, in a span of three days, the currency rose by 10 times as a result of Elon Musks tweet.

The Musk effect

In February this year, when Musk announced that Tesla bought bitcoins worth $1.5 billion, the cryptocurrency rose by 20 percent in one day.

On Feb 4, he wrote Dogecoin is the peoples crypto, causing a sudden jump of 50 percent in Dogecoin in one day. Overall, Dogecoin has seen a jump of 15,000 percent in one year thanks to a number of tweets by Elon Musk expressing his support.

In March this year, Musk announced that Tesla would accept payment in bitcoins, following which the currency rose to an all-time high of $64,000 the following month.

However, soon after he warmed up to bitcoins, he announced his aversion prior to his new-found love in Floki.

In May, Musk announced that the electric car maker Tesla would not accept bitcoins because of environmental concerns. He wrote on Twitter that he was concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.

He admitted that bitcoin was a good idea but it cant come at great cost to the environment. Soon after the tweet, bitcoin fell by 10 percent.

The numero-uno crypto currency saw a major correction of 27 percent after this announcement. Dogecoin also saw a decline of around 20 percent the same month.

Cautionary tale

Since crypto currencies are fairly volatile, such cryptic remarks, flip flops and impulsive buys add fuel to the fire. A short-term investor can ride the wave to exit the market soon afterwards. But if you want to invest in cryptos for a long time, it is not advisable to buy and sell on an impulse.

For instance, bitcoins may have risen to over $64,000 in April but they were trading for $50,000 in October. So, if you are in the crypto market for a long time, you can ignore the noise, keep your head low and wait for the right opportunity to exit.

We can summarise that Elon Musks tweets tend to impact the price movement of crypto currencies but buying and selling a currency as a result of another investors tweet (albeit a billionaire) is not a rational investment decision.

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How seriously should investors consider the impact of Elon Musks tweets on cryptos? - Mint

At just 17-months-old, Grimes and Elon Musk's baby boy can already claim the title of interior designer.

The "Genesis" musician gave fans an up-close-and-personal first look at her son's nursery on Oct. 6and by the look of things,he may have had a small hand in the design of it all. Captioning an Instagram Stories photo of X A-Xii drawing on the door, Grimes wrote, "We had a rough day, but we made up for it by starting a mural in x's room."

In the photo, a partially finished muralabove her son's crib can be seen. It features sketches of a castle with a dragon towering over the building; not too far away, above the light switch, there's also a small drawing of a ballerina.

Just last month, the singer, 33, whose full name is Claire Elise Boucher, revealed in a video with Vogue during her 2021 Met Gala prep that as a mom,she is on a first-name basis with her son.

The rest is here:

Grimes Shares Glimpse of Her Son With Elon Musks Nursery - E! NEWS

Tesla investors who are suing Elon Musk over the companys SolarCity acquisition say the judge can require him to pay $9.4 billion if he rules that Mr Musk did not properly remove himself from the deal.

Given [Mr] Musks disloyalty, the court has wide discretion in awarding damages, lawyers for pension funds suing over the deal said in a Delaware court filing.

The court could require [Mr] Musk to return some or all of the enormous gain he has realised as a result of receiving excessive Tesla shares, the funds said.

Delaware Chancery Court Judge Joseph Slights III is weighing whether Mr Musk the solar power providers chairman and largest shareholder at the time of the buyout improperly stood on both sides of the $2.6bn deal and wrongfully used his influence with the Tesla board to get the transaction done.

The suggestion that Mr Musk might face a $9.4bn penalty was made as part of post-trial arguments that the judge requested after presiding over a trial that included two days of testimony from Mr Musk in July.

The court has scheduled another around of oral arguments for January, suggesting a ruling in the case is months away.

Mr Musks lawyers said the SolarCity acquisition was a product of fair dealing that was approved by 85 per cent of Teslas shareholders.

The evidence shows that [Mr] Musk did not and could not control the acquisition, the board, or Tesla stockholders, their post-trial brief said.

The investor filing notes that Mr Musk received 2.4 million Tesla shares in exchange for his holdings in SolarCity, an amount that has increased to 12 million because of stock splits.

Barring a return of those shares, the investors calculate that the court could award damages of between $1.4bn and $2.4bn, to account for what they contend is SolarCitys lower value.

Mr Musk is the last Tesla director left in the case after his colleagues agreed to a $60 million settlement of investors claims last year.

If the judge rules against him, Mr Musk will have to pay the damages out of his own pocket. Any recovery from Mr Musk the worlds richest person, according to the Bloomberg Billionaires Index would go into Teslas coffers, not to the funds.

Mr Slights has already said that Mr Musk, despite holding only a 17 per cent stake in Tesla, used his visionary persona and ties to other Tesla directors to smooth the deals path.

One key question the judge must answer is whether, as Teslas largest shareholder, Mr Musk so dominated the board that final approval was a foregone conclusion.

Updated: October 5th 2021, 3:30 AM

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Elon Musk could end up paying $9bn in penalty on SolarCity - The National

Elon Musk gives something to talk about again. During his participation in the Code Conference with journalist Kara Swisher, the annual technology conference event held in California, a co-founder of Tesla and SpaceX decided to give his predictions about the future and how his technology will save the world. He focused on topics such as cryptocurrencies, psychotropic drugs, Starlink, the energy problem, and robots.

Tesla / Joe Rogan va YouTube

This is what he said about each of these topics:

Image: Entrepreneur in Spanish

The Tesla founder pointed out that it is very wrong for the central banks of the world's major economies to try to stop digital currencies , because at best they could only delay them. According to Musk, neither banks nor governments should be in control of money, arguing that they "offer the possibility of reducing errors and latency in the current monetary system ."

Musk has been a proponent of cryptocurrencies , especially Bitcoin and the Dogecoin meme currency.

Still, in May, he advised people to invest cautiously. When asked by a TMZ reporter if dogecoin "really could be the next cryptocurrency for the world," he replied, "I think it should be the will of the people, you know."

Image: Joe Rogan via YouTube

Musk asserts that the legalization and acceptance of these substances are close, thanks to the fact that a strong generational change is coming that will leave behind the laws of the past and will open the doors of the legal market. "As the new generations gain political power, I think we will see great receptivity to the benefits of psychotropics ."

The famous Tesla founder sparked controversy in the United States when he appeared smoking marijuana during a live interview in September 2018 .

Image: via Starlink.com

Elon Musk assured that his network of satellites communicating with the Internet will change the world.

"It's really designed to serve the 'underserved,'" the businessman said of his satellite internet system that could go live as soon as the end of the year .

This communications network aims to bring people who live in rural and remote areas to the internet. However, the equipment to receive this internet costs 500 dollars with a monthly payment of 99 dollars (1,986 Mexican pesos approximately).

Starlink is targeting coverage in your area by the end of 2021. Availability is limited. Orders will be processed on a first-come, first-served basis, the page reads.

Image: Depositphotos.com

Ironically, the founder of Tesla sees a strong energy supply problem coming, due to the increase in electric cars in the coming years.

"If we change all current transportation to electric, the demand for electricity will be more than double that of today ."

Musk maintains that the current energy system is obsolete and does not have the capacity to respond to the demand that is coming, derived from the energy transition.

Image: Tesla

Musk awaits the arrival of bipedal automata that will resemble human beings, but will be infinitely more intelligent and interconnected than people today.

"We are building a humanoid robot that will be like a Tesla, but with legs," he said at the Code Conference .

The businessman maintained that he had not built them until now so as not to collaborate in materializing a future like that of the Terminator movies. As he considers his arrival inevitable, he is already building his own humanoid, but he will do "the best he can" to avoid that dystopian future.

The Tesla CEO made the surprise reveal at the end of his Artificial Intelligence Day presentation, supported by PowerPoint slides. Among the details he shared about the Tesla Bot , he highlights its possible launch date in 2022 .

You can see Elon Musk's full participation in the Code Conference here .

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Cryptocurrencies, drugs and robots: Elon Musk's 5 predictions that would change the world - Green Entrepreneur

Johnny Depp & Amber Heard Are Heading To A Court Battle Coming May 2022 ( Photo Credit Wikipedia )

It is no more a secret that the upcoming battle inside the court between Amber Heard and ex-husband Johnny Depp will turn out to be the last nail in either ones of the illustrious coffins. Both the stars are in a legal battle right now as Depp accuses Heard of breaching the settlement demanding $50 Million. Whereas Amber has a countersuit double the amount too. There are still months to reach D-Day but that doesnt mean there wont be any drama until then.

If you are unaware about the hottest news, after Johnny Depp lost the Libel against the British tabloid, his hopes are definitely hooked to Fairfax County, Virginia, where he has sued Amber Heard for $50M. This is in reference to her writing an op-ed for a well known publishing house and talk about begin a victim of domestic violence. Heard in the response to Depps suit filed a $100 Million counter suit and accused him of attempting to tarnish her career. Now to head to court.

Amid all this, what is now making the most amount of headlines is the list of people who will enter the witness box for their testimony in Johnny Depp vs Amber Heard row. The top most name is Elon Musk. Read on to know everything you should about the same.

As per We Got This Covered report, the hearing in Johnny Depp vs Amber Heard case will see a lot of high profile witnesses. The first is of course SpaceX giant Elon Musk who was alleged to have a relationship with the Aquaman star after her divorce with Depp. There are speculations that he was ready to provide her 247 security during the alleged violent phase with Depp.

Other potential witnesses are ACLU representatives. Heard in her appeal has promised to divide her $7 million divorce settlement into two donations to the ACLU and the Los Angeles Childrens Hospital. As described in the restraining order and divorce settlement, money played no role for me personally and never has, except to the extent that I could donate it to charity and, in doing so, hopefully help those less able to defend themselves, it read.

Johnny Depp however has called it false and said she is lying. Amber Heards lawyers then provided proofs that the donations are promised to be done in a period of 10 years. The two head to court on May 17, 2022 now. Stay tuned to Koimoi for more!

Must Read: James Gunn Trolls Guardians Of The Galaxy Fans By Poking Fun At Much-Talked About Easter Egg & Facebook Outage

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Johnny Depp vs Amber Heard: Virginia Trial Might Bring Elon Musk & ACLU Reps In The Witness Box - koimoi

In December 2019, Tesla acquired more than $1.4 billion in its fund in the form of loans from various Chinese banks in order to construct its new Gigafactory in Shanghai. While the payback time was 5 years, Tesla repaid its loan in just 16 months.

Image credits- Pan Daily

A Tesla enthusiast @jpr007 showed documentation that Tesla officially cleared off its entire loan from the Chinese banks in 16 months. Musk later authenticated the story by stating, Tesla always pays its debts. in a response to an article in Clean Technica.

Tesla always pays its debts

Elon Musk (@elonmusk) October 5, 2021

In July 2018, When Tesla set forth its plans to establish its Shanghai Gigafactory, the company took the loan from the various banks including the Agricultural Bank of China, China Construction Bank, Industrial and Commercial Bank of China, and Shanghai Pudong Development Bank according to the report from Reuters.

It is clearly conceivable that the entire loan has been repaid through the profits from the Shanghai Factory. When the plans of constructing the factory were initiated, it was first opened with the pre-orders of its Model 3 vehicles in the country. Tesla worked out to produce Model 3 vehicles at a less price than the imported models. Looking into the recent data the demand for Tesla in the Chinese market is springing up every day and Musks special focus on the countrys market extended the profits throughout.

This is not the first time for Tesla to repay the loan in advance. In 2013, Tesla repaid its huge loan issued by the US Department of Energy nine years earlier than the actual payment period. But many Automakers believe to be in a safe zone to their business are paying their interests slowly based on the bank terms. Anyway, Tesla is detaching the burden of Loans which helps the company prevailing every country without any fear of bankruptcy. Meanwhile, Only Telsa was joined by Ford who hasnt officially filed bankruptcy on the list of US automakers.

It seems, around the ace competitors and startups, This EV period resembles the kings war for the King of EV throne. Amusingly Teslas statement Tesla always pays its debts. resembles intentionally or coincidentally a Game of Thrones dialogue where Lannisters say A Lannister Always pays its debts. For the regular followers of EV news, This can be seen like Game of EV Thrones.

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"Tesla always pays its debt" Elon Musk after early repaying of the loan! - Techstory

Elon Musk, last month, had hinted that Starlink may "come out of beta" stage in October.

New Delhi: Billionaire Elon Musk's satellite internet venture Starlink is mulling to start broadband services in India from December next year, subject to the government approval, a senior company representative said on Friday. Starlink Country Director India, Sanjay Bhargava, in a LinkedInpost, stated that the pre-orders from India have crossed 5,000 and the company is willing to work with rural constituencies for providing broadband services.

He also mentioned that, "Our stretch target is to have 2,00,000 terminals active in India in December 2022. Actual numbers maybe much lower than that or even zero if we do not get government approval but it is very unlikely that we will exceed 2,00,000."

Starlink is charging "a deposit of $99 (around Rs 7,350) per user" and says that the speed currently "varies between 50 and 150 megabit per second (mbps)" in beta stage. "Availability is subject to regulatory approval. Orders will be fulfilled on a first-come, first-served basis," the company added.

Mr Musk, last month, had hinted that Starlink may "come out of beta" stage in October.

Starlink, in a pre-order note, stated that the company's presence is in many countries and the more pre-orders it gets from India, it will be easier for it to get government approval.

"The government approval process is complex. So far there is no application pending with the government, so the ball is in our court to apply for consideration which we are working on. Our approach will be to get pilot approval quickly if pan India approval will take long. We are optimistic that we will get approval for a pilot program or pan India approval in the next few months," the satellite company added.

Starlink is yet to apply for a license through an official route.

The note further mentioned that the "global pre-orders have crossed 5,00,000 and around 1,00,000 terminals are active so there's a big global backlog."

Amazon Also To Join The Play?

If some reports are to be believed, it is apparently learnt that Amazon is also exploring ways to get an entry in the country's telecom sector via its 'Project Kuiper'. Andy Jassy, in his first press interview after he was ascended to Amazon's top post in July this year, had stated that the company's new bet was to launch satellites into orbit to widen broadband access.

Amazon's Project Kuiper is a planned network of satellites that will provide high-speed broadband Internet services to people around the world who lack such access.

Last year, Amazon had said that it will invest more than $10 billion to build a network of more than 3,000 satellites.

Jeff Bezos had stepped down as Amazon CEO on July 5, 2021 to take over the executive chair role to focus on new products and initiatives.

Meanwhile, India's telecom companies recently got a lifeline from the Centre on payment of their long outstanding adjusted gross revenue (AGR) dues. The government announced a four-year moratorium for the mobile companies to settle the dues.

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Elon Musk's Starlink Plans To Offer Broadband Services In India. Amazon In The Race Too? - NDTV Profit