Technologies
Elon Musk confirms he’s worried SpaceX could go bankrupt
The world’s richest person is worried one of his companies could go bankrupt if it doesn’t make it to space early and often starting next year.
Elon Musk said Tuesday via Twitter that his spacecraft company, SpaceX, needs to produce a lot more of its next-generation Starship engines, and soon, to keep growing its Starlink broadband constellation and stay in business.
«If a severe global recession were to dry up capital availability / liquidity while SpaceX was losing billions on Starlink (and) Starship, then bankruptcy, while still unlikely, is not impossible,» he tweeted.
The statement came in response to a leaked email that Musk reportedly sent to employees over the long Thanksgiving holiday in the US asking for «all hands on deck.»
The email alluded to a «production crisis» within the company centered on the Raptor engines that power Starship. SpaceX is planning to fly a Starship prototype to space for the first time in 2022, and the vehicle is the centerpiece of the company’s future plans to send humans to the moon and Mars.
But more important for the SpaceX business model is that Starship is key to continuing to launch version two Starlink satellites, which will provide a vital revenue stream for the company in the future.
«The consequences for SpaceX if we can not get enough reliable Raptors made is that we then can’t fly Starship, which means we then can’t fly Starlink Satellite V2. Satellite V1, by itself, is financially weak, while V2 is strong,» reads the email, which was first obtained by SpaceExplored.
SpaceX and Musk didn’t directly confirm the veracity of the leaked email to CNET, but when asked by a Twitter user on Tuesday morning «(how is) the Raptor thing going?» Musk responded briefly «It’s getting fixed.»
In the email, Musk concludes by warning that SpaceX could face «genuine risk of bankruptcy if we cannot achieve a Starship flight rate of at least once every two weeks next year.»
Musk seems to be upping the ante here. Less than two weeks ago, he said during a livestream he was hoping for «up to a dozen» test flights of Starship in 2022 before launching «real payloads» in 2023.
If the company does end up on the brink of bankruptcy, it wouldn’t be the first time. Musk famously stared down financial ruin before SpaceX managed its first successful launch of a Falcon 1 rocket.
Raptor production isn’t even Starship’s most immediate hurdle. The vehicle’s first orbital test flight is still awaiting the conclusion of an environmental review and the official green light from the FAA, which isn’t expected before the end of the year.
Technologies
Google’s New AI Features Are Trying to Make Data Entry a Thing of the Past
More Gemini AI features will come to Google Docs, Sheets and Slides.
The latest batch of Google updates to its workspace tools highlights AI’s promise to automate mundanity in the workplace. Google Docs, Slides, Sheets and Drive all have new AI-powered features, the company announced Tuesday. The one thing all these updates have in common? Gemini is using your files, emails and chats to give you relevant information, not random answers gleaned from the web.
These updates come as AI is playing a bigger role in our work lives, for better or worse. Agentic tools like Claude Cowork and coding assistants like Anthropic’s Claude Code and OpenAI’s Codex are more capable than chatbots and able to handle tasks announced independently. AI tools are also becoming more customized, with Google’s personalized intelligence rolling out across its platforms to help refine AI outputs to things that are relevant and useful for you. Google continues that trend with this new batch of Workspace updates.
New Gemini AI features in Google Workspace apps will cite their sources after each query. For example, if you ask Gemini in Google Docs to fill out an itinerary template, it will pull the information from your email, chats and files. The «sources» tab in the Gemini side panel will show you where it found the information it used, like your flight confirmation email and chats discussing dinner plans. Seeing where Gemini pulled its answers from is also how you’ll double-check Gemini’s work.
The most impressive new features are in Sheets, where AI can fill in the holes in your spreadsheets. You can describe what you want the AI to do with a simple prompt and avoid writing an exact formula. You can click on an empty cell, select the pop-up that says «Drag to fill with Gemini,» then highlight the cells you want Gemini to fill in. That deploys an AI agent to search the web to fill each cell with the necessary information.
For example, if you have a spreadsheet of the contact info for local companies, you can have Gemini search the web to fill in a the location, CEO and other publicly available information of each company. The tool aims to dramatically reduce the time needed for manual data entry. Gemini can also summarize, categorize and create charts with prompts alone.
You can also chat with Gemini in Sheets and have it scour your raw data to make custom reports and charts. No need for pivot tables if they confound you as much as they baffle me. One of the biggest uses of AI at work is helping create presentations.
In Google Slides, you can now tell Gemini in natural language what you want to appear on a slide, and it will create it, matching the style of your existing slides. You can also ask Gemini to edit your slides if you don’t want to waste time painstakingly moving design elements around the slide. The AI should fill the slides with relevant information based on your instructions and the work files it has access to, so you shouldn’t need to replace a bunch of filler text.
If you use Docs, Sheets and Slides through the Workspace account of your company, then you won’t be able to turn off AI features individually. The managing company is in control of AI access for users. Personal users can tweak their settings to limit Gemini. The new features are rolling out in beta now, in English only, to Google AI Ultra and Pro subscribers in the US, as well as some Google Workspace customers who are part of the Gemini Alpha testing program.
For more, check out the new cowork feature in Copilot and how to use Perplexity AI for deep research.
Tariffs implemented by President Donald Trump were struck down by the Supreme Court last month. Companies that were subjected to those fees, such as FedEx and Dollar General, have since sued the federal government, and Nintendo wants a piece of the action.
Nintendo filed a lawsuit against the federal government in the US Court of International Trade on Friday, as first spotted by Aftermath. The complaint seeks refunds of tariffs Nintendo paid, plus interest, and asks the court to declare the tariffs unlawful and stop the government from collecting them going forward.
«Since February 1, 2025, President Trump has executed the unlawful Executive Orders, imposing tariffs on imports from a vast swath of countries,» Nintendo said in the complaint.
When reached for comment, Nintendo of America confirmed the lawsuit.
«We can confirm that we filed a request. We have nothing else to share on this topic,» Nintendo of America said in an emailed statement on Friday, March 6.
It’s unclear how much Nintendo paid in tariffs, and it did not state an amount in the lawsuit. While the Switch 2 was priced at $450 when it launched last year, and has stayed at that amount, Nintendo did increase the price of the original Switch and accessories for both consoles. Microsoft and Sony also increased the prices of their hardware and accessories last year due to tariffs.
The White House didn’t immediately respond to a request for comment.
On Feb. 20, the Supreme Court ruled by a vote of 6 to 3 that the sweeping tariffs Trump instituted last year exceeded his executive powers. Following the ruling, on the same day, Trump announced a new set of tariffs of 10% on imported goods that would last for 150 days, starting Feb. 24.
The decision on what to do with the collected tariffs — a reported $166 billion — has been left to the US Court of International Trade. Judge Richard Eaton told the US Customs and Border Protection on Wednesday, March 4, to refund the importers that were forced to pay tariffs, which is more than 330,000. On Friday, the CBP said it couldn’t easily issue tariff refunds because its system requires duties to be recalculated and refunds processed entry by entry. This process would involve tens of millions of transactions. The agency said it’s updating its systems and could start providing refunds by late April.
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