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Unlike some of his contemporaries, Elon Musk isn't interested in living forever. During an interview at the Cannes Lions International Festival the Tesla CEO said he hadn't made any investments in the longevity industry. "I think it is important that we die at least at some point, if we live for too long, I think it does ossify society. There's no changing of the leadership because leadership never dies." He added that this could inhibit new ideas as people won't change their minds. "Think of some of the worst individuals in the world. How long do you want them to live?" he joked. Several of Musk's Silicon Valley contemporaries have been dabbling in longevity, leveraging their wealth to fight the effects of aging. Jeff Bezos, Peter Thiel, and OpenAl's Sam Altman have all invested in companies trying to reverse aging at the cellular level. Others, including Google's Sergey Brin, are using their money to combat age-related conditions, such as cancer and Parkinson's disease. Some entrepreneurs, like Kernel CEO Bryan Johnson, have taken on intensive nutrition, exercise, and wellness plans to try and slow or even reverse the aging process. #BinanceTournament
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In March 2023, beleaguered rocket company Virgin Orbit thought it had found a lifeline. A Texas-based investor named Matthew Brown reportedly offered to invest $200 million in the rocket firm, which was teetering on the edge of bankruptcy. But in a complaint filed on Monday, the SEC alleged that the offer was a sham and that Brown had a negative net worth at the time. The SEC said Brown misrepresented his personal wealth in conversations with Virgin Orbit, including sending a fabricated screenshot of his company's bank account with a balance of over $182 million dollars, when the actual balance was less than $1. Brown also appeared on CNBC shortly after entering into discussions with Virgin Orbit despite signing an NDA. He told the channel he planned to close the deal "in the next 24 hours," and he would "basically be the owner" of Virgin Orbit as a result of the investment. When Brown's offer leaked to the media, shares in Virgin Orbit went up by over 33%. The SEC said that the deal collapsed after Brown attempted to request the inclusion of a "break up fee" if the transaction did not close and refused to respond to Virgin Orbit's due diligence inquiries. The company, once valued at $3.7 billion, filed for bankruptcy less than a month later.
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🔥Latest cryptocurrency market news (June 19) ⚪️ Ethereum has returned to $3,500 after the SEC halted its investigation and no longer considers it a security ✨Additionally, the media reports that amendments to the S-1 forms for the launch of ETH ETF trading will be made by Friday, and the Pantera fund is already prepared to invest $100 million 💡Bitcoin-ETF is down again, now by $152 million. However, altcoins are actively recovering, believing that Ethereum will turn the situation around 👀LayerZero finally announced their airdrop, with the listing on Bybit tomorrow 🕯 Top-3 in the last 24 hours: Brett (Based) - $0.1538 (↑15.94%) Ethereum Name Service - $26.62 (↑15.76%) Lido DAO - $2.35 (↑15.25%) 📊Trade crypto and earn bonuses
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💸Binance CEO expects BTC to exceed $80k 💯🎉 Richard Teng, in a recent interview with Bankless, said he expects BTC to break $80k by the end of 2024. He argued this based on demand and the reduction of supply in the market. ➕ He also added that 2025 will be positive for BTC and crypto in general due to macroeconomic events. His forecast for 2025 is $120k for BTC 👀 ❓ Shall we believe him? Yes - 👍 No - comment #BTCFOMCWatch
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When your clientele has millions to burn on a hypercar, the sky's the limit when it comes to charging buyers for optional features. Bugatti Rimac CEO Mate Rimac has a wild idea to bundle a fuel station with the purchase of a car. The genius behind the Rimac brand isn't ruling out the idea of making it easier for owners to fill up their combustion-engine cars from home. The 36-year-old Croatian entrepreneur believes the ICE still has a long future. Maybe not with fossil fuels as he suggests those stations could be filled up with synthetic fuel instead. "You could even make some beautiful Bugatti fuel stations for the homes of owners, using synthetic fuels."
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