SShortSingh.
Back to feed

Early SpaceX Engineer Plans to Gradually Sell His Company Shares

0
·5 views

Andre Lavoie joined SpaceX as an engineer in 2009 and has since accumulated shares in the private space company. As SpaceX has grown significantly in value over the years, Lavoie is now looking to monetize his equity stake. He has adopted a gradual approach to selling, offloading shares whenever the opportunity arises. His situation reflects a broader trend of early SpaceX employees seeking to realize financial gains from their long-term holdings in the still-private firm.

Read the full story at BBC Tech

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
TechnologyTechCrunch ·

Ford Announces 'Fathom' Electric Truck Starting at $28,350, Due Fall 2027

Ford has officially announced a new electric truck called 'Fathom,' with a starting price of $28,350. The automaker made the announcement on Thursday, confirming the vehicle is expected to arrive in fall 2027. Ford has not yet disclosed the truck's design, stating that its appearance will be revealed early next year. The relatively accessible price point positions Fathom as a potentially competitive entry in the growing electric pickup segment.

0
TechnologyTechCrunch ·

Ex-Spotify Staff Raise $10M to Apply Recommendation AI to Online Shopping

A new startup founded by former Spotify employees has raised $10 million to adapt AI recommendation technology for e-commerce. The platform is designed to predict what products a shopper is likely to want next based on their behavior. It builds a profile of each user's general taste over time, refining its understanding continuously. The system updates in real time, adjusting recommendations based on shoppers' live interactions on a platform.

0
TechnologyTechCrunch ·

Mirendil Signs $100M+ Google Cloud Deal to Advance Self-Improving AI Research

AI company Mirendil has entered into a partnership with Google Cloud valued at over $100 million. The deal is aimed at significantly expanding Mirendil's computing infrastructure. This increased capacity will support the company's research into self-improving AI systems. These systems are being developed with the goal of speeding up both scientific discovery and broader AI development.

0
TechnologyThe Verge ·

Dolby Vision 2 launches on select 2026 Hisense TVs, TCL and Philips to follow

Dolby Vision 2, announced in September 2024, is now rolling out to televisions, with Hisense's 2026 UX, UR9, UR8, and U7 models being the first to support the new format. TCL and Philips are expected to add compatibility to select TV lineups later in 2025. The upgraded HDR standard features a more powerful image processing engine and expanded metadata compared to the original Dolby Vision, which launched over a decade ago. The format comes in two tiers: a standard Dolby Vision 2 and a premium Dolby Vision 2 Max, the latter of which debuting on the initial Hisense models. Dolby Vision 2 Max includes additional capabilities such as a motion smoothing feature called Authentic Motion and an improved ambient light sensor adjustment.