Latest / Elon Musk Podcast / Federal Judge Denies Elon Musk Trial
Transcript
- 0:04On Friday, a federal judge in San Francisco, denied Tesla CEO
- 0:08Elon musk's request to move or delay.
- 0:11A trial over a misleading tweet about a potential buyout of the
- 0:15electric auto maker the trial, which involves a civil lawsuit
- 0:19brought on behalf of Tesla shareholders, who allege they
- 0:22were duped by an August 7th. 2018 tweet in which musk
- 0:27indicated he had lined up financing.
- 0:30For a Tesla, buyout is set to begin on Tuesday with jury
- 0:34selection. Now, attorneys for musk, had
- 0:36asked for the trial to be moved to Texas sighting - coverage
- 0:40surrounding the forty four billion dollar purchase of
- 0:43Twitter and claiming that it would have tainted, the jury
- 0:47pool selection in San Francisco, however, US District.
- 0:51Judge Edward Chen argue that the millions of people who inhabit
- 0:54San Francisco. Could not all be biased against
- 0:57musk in the lawsuit centers around a tweet.
- 1:00Musk stated the he had funding secured to take Tesla private at
- 1:05$420. Per share a claim that was later
- 1:09determined to be false by the US Securities and Exchange
- 1:11Commission the SEC. And as a result, musket Tesla
- 1:15were each required to pay a 20 million dollar, fine, and musk
- 1:20was removed as chairman of Tesla, the upcoming trial will
- 1:24determine whether musk acted recklessly by posting the tweet
- 1:27and whether it cause Financial harm to Tesla shareholders.
- 1:31However, it should be noted that since the Tweets.
- 1:34In question, Tesla shares have increased nearly six times more
- 1:39than at the time of the tweets about the bogus by out.
- 1:42And in the light of the oncoming legal proceedings, musk has
- 1:45stated that he will step down as CEO of Twitter.
- 1:48One of replacement is found this decision by judge Chen to deny,
- 1:53musk's request to move a delay. The trial sets the stage for the
- 1:56billionaire to be thrust into a legal drama.
- 2:00Amid, the turmoil of his Twitter take over, additionally, it's
- 2:05important to mention that the SEC had charged musk with
- 2:08Securities fraud in relation to the tweets, which was settled
- 2:12for a 40 million dollar, fine and must-see agreement to not
- 2:16serve a CEO of a public company. For three years, the trial will
- 2:21be significant event as it will not only test the accountability
- 2:24of the CEO of a publicly traded company for their statements on
- 2:28social media. But also the potential impact
- 2:31that it can have on the shareholders of the company as a
- 2:34whole, Twitter has been giving access to its Epi for years.
- 2:38So other platforms can use it to communicate with our users and
- 2:42for people to use so they can have a customized feed of their
- 2:46own if they decide Eyre to make their own app.
- 2:48Now, for example, if you're using a social media manager to
- 2:51view your account rather than the Twitter app or the website,
- 2:55you may find that Twitter is currently not working with that
- 2:59app. Something like tweet more or
- 3:02tweet bot. Phoenix or Twitter rific, they
- 3:05may not work because the API for Twitter is down currently now
- 3:11there's some guesses going on here but we think that Twitter
- 3:16is ceasing their API because they can't run ads through the
- 3:21API. It gives you a clean feed of
- 3:23everything that's going on on your Twitter account.
- 3:26Now, the third party apps not showing ads is costing NG
- 3:30Twitter money. And this is basically sending
- 3:32out information from Twitter servers to these third-party
- 3:36apps. This could be another
- 3:37cost-cutting measure from musk because this possibly could be
- 3:41saving Twitter millions of dollars per year for the apps to
- 3:46use the information coming from Twitter.
- 3:47Now, got to remember that, not just text comes from this API,
- 3:52it's also the images being served up from the Twitter
- 3:55servers, also, the videos being embedded, and if they're not
- 3:59getting any Return on that investment, there's really no
- 4:02reason for that API to exist without them, possibly
- 4:07refurbishing the API. And I can see this happening in
- 4:09the future, possibly new terms of service for anybody that
- 4:12wants to use the Twitter API, you have to include additional
- 4:16advertisements in your feed. Now this is a thing that some of
- 4:20these apps will definitely continue using if this happens
- 4:25and some of them will just kind of ceased to exist, some of
- 4:28these apps that are Kind of smaller, and they rely on a
- 4:32subscriber base to use their app while some of those subscribers
- 4:36will leave because they don't want to see apps in their feet,
- 4:39and that's probably why they started using that app to begin
- 4:41with. Furthermore, if these apps go
- 4:44out of business, there's only one place to get this
- 4:46information and that is at Twitter itself and you'll be
- 4:50able to see all the ads that were currently not available on
- 4:55those apis, but you'll be able to see them on your Twitter
- 4:57feed. Hey, real quick, if you could
- 4:59take us, Second and hit the Subscribe button on your podcast
- 5:02platform. That would be amazing.
- 5:04It would help out the show so much.
- 5:06Thank you very much and let's get on to some SpaceX news.
- 5:10Spacex's Falcon heavy rocket known for its impressive.
- 5:13Aerial acrobatics and synchronize Landings took to the
- 5:17skies on Sunday to deliver National Security.
- 5:20Payloads to orbit for the US military.
- 5:23The mission called ussf 67 was launched at 5:56 p.m. eastern
- 5:29time from Ken Ade Space Center in Florida.
- 5:31Making the fifth successful light of the rocket and the
- 5:35reason for the one-day delay, for the initial advertise launch
- 5:38date on Saturday was not immediately.
- 5:40Clear. And the Falcon heavy made, its
- 5:42debut in 2018, with much fanfare, when SpaceX CEO Elon
- 5:47Musk attacks, his personal Tesla Roadster as a test payload for
- 5:52the launch. The car is still in space, taken
- 5:55an oblong path around the Sun that swings out as far as Mars
- 5:59orbital path. And the rocket followed up the
- 6:01test mission with two launches in 2019 before taking a
- 6:05three-year Hiatus. And the majority SpaceX is
- 6:08missions. Do not require the Falcon heavy
- 6:10has increased power as the company's Workhorse, Falcon 9
- 6:13rocket launch more than 60 times and 2022 alone sending two
- 6:19groups of astronauts to the space station, as well as
- 6:22starlink satellites and a variety of other spacecraft now.
- 6:26However, SpaceX is now fulfilling lucrative.
- 6:29Military Lodge contracts, its signed for the Falcon heavy
- 6:33years ago and the rocket return to flight in November with a
- 6:36launch of the u.s. military's, ussf 44 Mission and Sundays
- 6:40liftoff was a follow-up to that display ussf 44 included, six
- 6:45payloads, one satellite that Advanced Communications space
- 6:48weather sensing and other Technologies into near
- 6:51geosynchronous orbits. According to the military's
- 6:54space Operations Command. Now the ussf 67 we'll make use
- 7:00of the same type of spacecraft deployed on the USS, F40, for
- 7:05call the ldpe, which is essentially a bus for outer
- 7:09space that can carry smaller satellites and the Falcon heavy
- 7:13also carried a communication satellite called The Continuous
- 7:16broadcast augmenting satcom for the u.s. space for us.
- 7:21However, additional details about the said lights on Sundays
- 7:24missions. Were not immediately available.
- 7:28You know, as with each launch, the Falcon heavy rocket, put out
- 7:31a dramatic show back on Earth and after Sunday's Mission the
- 7:35company recovered two of the Falcon Heavies Rockets, first
- 7:38stage boosters, the tall. White sticks strep together to
- 7:43give the rocket its height and power.
- 7:44It lifts off. After expending most of their
- 7:47fuel. The side boosters fell away from
- 7:49the center core in reoriented themselves to slice back through
- 7:52Earth's atmosphere as they approached the ground.
- 7:55The booster is reignited, their engines and Heated, a
- 7:58synchronized landing on ground pads near the Florida coastline.
- 8:02This is a signature move for SpaceX, which routinely recovers
- 8:06and reuses. Its rocket boosters to drive
- 8:08down the cost of launches. However, the company did not
- 8:12attempt to recover the center booster because the fuel
- 8:15requirements. Now SpaceX has not successfully,
- 8:18retrieved all three boosters, although it's come very close.
- 8:22The two side boasters meet a pinpoint synchronized landing on
- 8:26ground pads. After a April 2019 mission in
- 8:29the Rocket Center booster touchdown on a seafaring
- 8:33platform. However rough waves toppled it
- 8:36over with this launch SpaceX continues to push the boundaries
- 8:40of what is possible in space travel and launch technology and
- 8:44shows that the Falcon heavy is an important tool for the
- 8:47company's future SpaceX is ramping up testing, in Boca
- 8:51Chica Starbase Texas, ship 24, stacked on top of booster 7 and
- 8:55they're doing tests to get it. Ready for An orbital flight test
- 8:59sometime in February, possibly in March, and there are still a
- 9:03lot of steps for SpaceX to go through the show, is brought to
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- 11:17order for this flight to take off.
- 11:18And just recently, Elon Musk took to Twitter to say that they
- 11:22Starship launch attempt will be soon.
- 11:25Now, NASA space flight added in a tweet.
- 11:28Their own does this sound about right Ilan?
- 11:30Cryo test. Today then wet dress rehearsal
- 11:32next week D stack for 3300, static fire.
- 11:36Final TPS work on ship 24, restack the ship launch license
- 11:42possible end of February. Early March, if all goes well
- 11:45per year, previous timeline, Elon Musk said that's a good
- 11:49guess so what we can take from this is that they're going to be
- 11:53doing cryogenic testing for the next few days.
- 11:58They're going to do a full wet dress rehearsal after that,
- 12:02which means they do everything that they need to do in order to
- 12:05fly the Starship, but they don't launch the Starship, they get
- 12:10completely ready to fly. Now, next after that, D stack of
- 12:15the Starship, which is on top of booster 7, take the ship off,
- 12:20put it next to it, put it on the ground, put it on its own pad
- 12:24and then they met static fire 33 engines, Haven't done this
- 12:29before, they don't know exactly what's going to happen but so
- 12:32far some of the static fires, most of the stata fires that
- 12:36happened with the booster destroyed the concrete under the
- 12:41orbital launch Mount. Now we've talked about this in
- 12:44the past if any concrete work to fly up and damage any part of
- 12:48the ship whether it's a raptor to engine or some tiles on the
- 12:52ship itself, there could be some damage that could ruin the
- 12:57flight for Ship 24 and booster seven, I have all the confidence
- 13:00in SpaceX that they're going to figure this one out before the
- 13:03orbital flight test and we know from the past, how much Elon
- 13:07Musk exaggerate some of these launch timelines, but we have
- 13:12some actual concrete evidence from SpaceX themselves on
- 13:16Twitter, they say more pics of Starship fully stacked of the
- 13:20orbital launch pad at Starbase and they show a picture of the
- 13:26fully stacked Starship. But booster 9 is right next door
- 13:30to it, right beside it. They've also moved ship 25 down
- 13:35to the orbital PAD as well which is pretty interesting.
- 13:38Now, look at this next week from SpaceX of this is the important
- 13:40part teams are stepping into a series of tests prior to
- 13:43Starships. Flight test in the weeks ahead,
- 13:46including full stack, wet dress, rehearsals and hold down firing
- 13:51of booster, sevens, 33 Raptor engines.
- 13:55Now this has never been done before.
- 13:57Or this is Uncharted Territory. We don't know what's going to
- 14:01happen when these 33 Raptor engines fire.
- 14:05So this could be the beginning to the orbital flight test and
- 14:08something absolutely amazing for human spaceflight or it could go
- 14:14the other way. Where the 33 engine static fire
- 14:17could just be too much power and they have to figure out how to
- 14:20contain all this power. And there's been talk about a
- 14:23flame diverter in some way, shape, or form that they could.
- 14:27Put underneath the orbital launch Mount to kind of divert
- 14:31the Flames away. So there's no more damage that
- 14:34concrete underneath but we haven't seen anything about a
- 14:37flame diverter directly from SpaceX or from Elon Musk.
- 14:41Actually Elon Musk in the past said he doesn't want to even
- 14:43have a flame diverter. Just wants to be able to launch
- 14:46this thing from basically anywhere.
- 14:49With it's very simple layout, and that makes a lot of sense of
- 14:53SpaceX wants to launch a Starship point-to-point anywhere
- 14:57in the world. They Need to be able to
- 14:58replicate this easily, and be able to construct it anywhere.
- 15:02And, during this upcoming test, SpaceX isn't just testing the
- 15:05rocket itself. They're testing the ground
- 15:07systems, all the systems pipes, wires Electronics, everything
- 15:13that feeds the fuel, into the rocket and safes, everything
- 15:18that needs to be tested before the orbital flight test.
- 15:20And the test schedule for SpaceX is usually some time 8:00 in the
- 15:24morning till 8:00 at night. So they have a daily 12-hour
- 15:28window to test Starship in Boca Chica, Texas.
- 15:32Now, coming up in the next few days, we have Tuesday January.
- 15:3717th 8 a.m. to 8 p.m. there's a road closure and I Wednesday
- 15:42January 18th, we have an 8:00 a.m. to 8:00 p.m. road closure.
- 15:46And then Thursday on the 19th, we have a road closure.
- 15:50So anytime during that window Space X could be ramping up for
- 15:55a cryogenic test and then a went Dress rehearsal of the ship and
- 16:00the booster now is it only going to take a few days to get to
- 16:03this point. We're not sure.
- 16:06We don't know exactly what the data is from SpaceX on Starship
- 16:11right now. Just recently, they tested some
- 16:13of the booster. They also tested the ground
- 16:16systems and a little bit possibly of the ship, but we
- 16:21haven't seen a full cryogenic test of ship 24.
- 16:24Once it's been stacked on top of booster 7, that That mean that
- 16:28they're going to go with ship 24 immediately with these next few
- 16:31tests, they could continue testing the booster for the next
- 16:35week. They have to make sure that
- 16:36everything is 100% okay, before they move on to the next step
- 16:41and Elon Musk stated that this is the most important launch of
- 16:46SpaceX. And also the orbital launch
- 16:49Mount and Stage 0. Those are the most important
- 16:53parts of this ship. They can't replicate that they
- 16:57can build. Build the new ship, they can
- 16:59build the new booster, but if they're going to do a static
- 17:01fire on top of this orbital launch Mount and something goes
- 17:05wrong, they have to rebuild everything almost from scratch.
- 17:09Sure they have the plans for it but it's not a simple thing to
- 17:14replicate like a ship or a booster SpaceX and NASA are
- 17:18working together for the Artemis 3 mission.
- 17:20And this is literally the beginning of the mission for
- 17:24SpaceX. They've already had billions of
- 17:26dollars allocated to this. In from NASA.
- 17:29So, if this doesn't work out well, then SpaceX could get set
- 17:33back months, possibly a year at the most, in order for them to
- 17:38move forward, with the next Starship, launch for the orbital
- 17:41flight test, and let's get back to the content.
- 17:45Now SpaceX is ramping up for the Artemis, 3 mission.
- 17:48Like I said, and then after that, what are they going to do?
- 17:52You already missed three Mission.
- 17:53They land people on the moon. But during that time, SpaceX
- 17:56plans to build a bunch of stars Our ships, Elon Musk just said
- 17:59recently in a tweet that they plan on building five fully
- 18:03stacked Starships, this year alone so five possible test
- 18:09flights of a Starship system sometime this year.
- 18:13Now if the Artemis 3 mission goes off without a hitch, and
- 18:17SpaceX is focused on that, they'll have to land a Starship
- 18:20on the moon and after they get it to the moon and to get people
- 18:24to the moon and come back, what will they focus on well.
- 18:27More Moon missions for the Artemis program, but also SpaceX
- 18:32wants to go to Mars in the next window is in 2024.
- 18:36I think it's September of 2024 so could SpaceX possibly be
- 18:42planning for a Starship launch to Mars in 2024 highly possible.
- 18:48Highly possible the inspiration from, that would be absolutely
- 18:53astronomical. So I believe SpaceX is working
- 18:57Words that but also the Artemis program and also getting this
- 19:00thing off the ground to begin with.
- 19:02I mean they still have the D stack the ship.
- 19:05We haven't talked about that yet the the heat tiles on the
- 19:08Starship after they dystek it there's to hit points at the top
- 19:12of the Starship. They are used with a crane to
- 19:16lift, Starship up and down. We have to remove those and then
- 19:20replace that area with heat tiles.
- 19:22The heat tiles are more than likely already built.
- 19:25So once they D stack it, Move it aside and put those heat tiles
- 19:30on may. Move it back to the high Bay to
- 19:32do that. So that'll take a day possibly
- 19:35to and then they'll move it back in the restack.
- 19:38It possibly do the full wet dress, rehearsal after that
- 19:41timeline. And then we're going to be ready
- 19:45for an orbital flight test, which will be absolutely awesome
- 19:50in the flight of Starship is going to be the most important
- 19:55flight for space flight ever. /, the huge cargo everything that
- 20:00the ship is capable of and sending people to the Moon, Mars
- 20:03and Beyond, it's absolutely incredible.
- 20:06And it's going to be happening. Hopefully within the next few
- 20:10months, according to Elon Musk super excited.
- 20:12If you're excited about this kind of content, please hit the
- 20:14Subscribe button, I'd really appreciate it.