Elon Musk’s SpaceX trillions are fuelled by AI and his pied piper power over investors

In 2010, around the time of Tesla’s Initial Public Offering (IPO), an acquaintance proudly showed me his red Tesla Roadster, the first imported into Australia. It was a fine little rocket, the first electric vehicle of the modern era, discontinued in 2012 having provided the engineering and financial foundations for the Model S and, eventually,…

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Business groups call on parliament to ‘reject’ CGT changes as inquiry kicks off

Business groups have united to call on the government to dump its changes to capital gains tax, arguing it will “discourage investment”, as the first tranche of tax reforms undergoes a parliamentary inquiry. The government has faced fierce backlash, particularly among business, for its recent budget measures which include replacing the 50 per cent capital…

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