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Added on the 30/01/2017 18:12:34 - Copyright : RT Ruptly EN
A team of students at the University of Waterloo in Ontario presented their 'Waterloop' prototype - a pod design for Elon Musk's Hyperloop project. The students, who call themselves Team Waterloop, which is a combination of Waterloo and Hyperloop, designed one of the first functional, pneumatic-based Hyperloop levitation systems.
Susan Walsh/AP; Erin Scott/Reuters There's no love lost between Elon Musk and Mark Zuckerberg. The billionaire tech CEOs — who helm Tesla and SpaceX, and Facebook, respectively — have been feuding since at least 2016, when a SpaceX rocket explosion destroyed a Facebook satellite. Since then, they've butted heads over everything from artificial intelligence to Facebook's data-collection practices. Most recently, Musk tied Facebook to the violent insurrection in Washington, DC, describing it as a "domino effect." Visit Business Insider's homepage for more stories.
Pool/Getty Images Perhaps nobody had a better year, financially speaking, than Tesla and SpaceX CEO Elon Musk. The billionaire saw his wealth more than quintuple during a pandemic that's left hundreds of thousands dead and many more out of work. Yet the magnate takes a very small salary, instead relying on massive stakes in his companies to accumulate wealth. With Tesla's stunning performance this year, it's no surprise that those equity values have also swelled. Visit Business Insider's homepage for more stories.
SpaceX; Mark Brake/Getty Images; Business Insider Elon Musk said Tuesday he is "highly confident" SpaceX will land humans on Mars in 2026 — two years later than he previously hoped. In 2017, Musk said that he wanted SpaceX to send unmanned ships to Mars in 2022, followed by a crewed mission two years later. Musk told Axel Springer CEO Mathias Döpfner on Tuesday that he could make his own first trip to orbit in "possibly two or three years." Visit Business Insider's homepage for more stories.
Business Insider reports that Elon Musk is $8 billion away from surpassing Bill Gates as the world's second-richest person. This week Musk's wealth has continued to climb. Musks networth hit $114 billion after Tesla was added to the S&P 500 index, edging out Facebook CEO Mark Zuckerberg. It's gained another $10.2 billion after Tesla shares spiked 10% on Wednesday, according to Bloomberg.