Elon Musk

(Newser) - The Dow may have plunged yesterday, but over on the Nasdaq, things were great for new kid Tesla Motors. In its first day of trading, Tesla's price shot up almost 41% from its $17 offer price, closing at $23.89, after at one point hitting $25, MarketWatch reports. The company's...

(Newser) - Darn those scientific explanations. UFO sightings were reported around the world yesterday, including three big cities in Australia, as the Melbourne Herald Sun notes. A party pooper at the Sydney Observatory would like to remind everyone that the the Falcon 9 rocket launched from the US yesterday. ''It's just gone...

(Newser) - A multimillionaire's test rocket blasted off this afternoon on its maiden voyage and succeeded in reaching orbit in a dry run for NASA 's push to go commercial. After one aborted launch, SpaceX's Falcon 9 rocket achieved Earth orbit 9 minutes into the flight as planned, according to the company's...

(Newser) - Elon Musk is a legend in Silicon Valley: His much-buzzed about electric car company, Tesla Motors, is on the verge of a major IPO, and he even had a cameo in Iron Man 2. There's just one problem. “About four months ago, I ran out of cash,” he...