Elon Musk’s Satellite Internet Project Is Too Risky, Rivals Say

Elon Musk’s internet satellite venture has spawned an unlikely alliance of competitors, regulators and experts who say the billionaire is building a near-monopoly that is threatening space safety and the environment.
The Starlink project, owned by Mr. Musk’s Space Exploration Technologies Corp. or SpaceX, is authorized to send some 12,000 satellites into orbit to beam superfast internet to every corner of the Earth. It has sought permission for another 30,000.
Now, rival companies such as […]
Elon Musk’s Satellite Internet Project Is Too Risky, Rivals Say

Can Crypto Escape The Dollar's Gravity?

Elon Musk, no stranger to controversy, raised eyebrows when he said that his company bought $1.5 billion of Bitcoin. Shortly afterward, he confirmed that people can buy Tesla cars with Bitcoin. A payment system to make exchanges like this possible is springing up. Between credit card companies, banks, and hybrids like

PayPal,

room is being made for a new currency. Will these efforts displace traditional money? You can lead a horse to water, they […]
Can Crypto Escape The Dollar's Gravity?

Amazon Can Be a $3 Trillion Company. Why Its Stock Is One to Buy and Hold Forever.

Amazon.com

is going to get bigger. Maybe a lot bigger.
In a research note this past week, Jefferies analyst Brent Thill laid out a case for how Amazon (ticker: AMZN) can reach $5,700 a share over the next three years, a potential 70% gain that would boost the company’s valuation to nearly $3 trillion.
Now to be clear, Thill is not making a short-term call on the company’s March quarter earnings report. In fact, he’s a little nervous that […]
Amazon Can Be a $3 Trillion Company. Why Its Stock Is One to Buy and Hold Forever.