Tag: aerospace

Fort Lauderdale approves proposal from Elon Musk’s company for beach tunnel

Elon Musk is boring his way to the beach in Fort Lauderdale. Local lawmakers accepted a proposal from Musk’s Boring Co. on Tuesday to build an underground transit system that would whisk people from the Florida city’s downtown area to the beach in Teslas. “Other firms have 45 days to submit competing proposals. This could […]

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FAA notes safety concerns over new Boeing 777X: reports

The Federal Aviation Administration has reportedly told Boeing Co. that an updated version of its 777 long-haul airliner is not ready for certification, and likely won’t be until late 2023. The Seattle Times first reported Sunday that the FAA sent Boeing BA, -0.87% a letter dated May 13 warning it may require more test flights […]

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Opinion: Here’s why Boeing’s stock will soar

Founded by lumber tycoon William Boeing in Seattle in 1916, Boeing has grown to become one of two major plane manufacturers in the world, and a major U.S. defense contractor. It has hit plenty of turbulence along the way. But few jolts were as rough as the double whammy that laid the aerospace giant low […]

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Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at the vehicle-maker’s stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources. The Sunday afternoon […]

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Government report on UFOs finds no evidence of aliens. But no evidence it’s not aliens either

A highly anticipated government intelligence report on unidentified flying objects finds no evidence of alien spacecraft — but it also doesn’t say it’s not aliens, according to a new report. Scores of odd aerial sighting in recent years that have baffled scientists and the military remain a mystery, according to a New York Times report […]

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FBI probing potentially illegal campaign contributions to Sen. Susan Collins

WASHINGTON — The FBI is investigating whether a U.S. defense contractor unlawfully directed money to support Sen. Susan Collins, according to a search warrant recently unsealed in federal court. The Federal Bureau of Investigation has searched electronic devices belonging to defense executive Martin Kao seeking evidence that he orchestrated an effort to funnel allegedly illegal […]

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