Elon Musk’s SpaceX is considering a $350 billion tender offer, significantly increasing its valuation from previous estimates. Tesla is preparing to appeal a court decision rejecting CEO Elon Musk’s $56 billion pay package. Intel has ousted CEO Pat Gelsinger, while Meta CEO Mark Zuckerberg is seeking an active role in President-elect Donald Trump’s tech policies.
A rival of Tesla, BYD, is now assembling over 30% of Apple’s iPads. Meanwhile, a current Apple employee is suing the company for allegedly suppressing employee freedoms. Trump has tapped billionaire Jared Isaacman as the next leader of NASA after his spacewalk with SpaceX.
Amazon founder Jeff Bezos acknowledged that Blue Origin is not yet a good business but remains optimistic about its potential. These developments highlight significant changes and updates in the tech industry.
Source: https://finance.yahoo.com/news/intel-ousts-ceo-mark-zuckerberg-140000037.html