Space X News

CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’

Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s directors and officers insurance (D&O), replacing it with a promise to personally provide his board members with “equivalent” coverage to …

SpaceX Explosion Draws Attention to Insurance for Rocket Science

When the SpaceX rocket exploded on a Florida launchpad Thursday, the first thought that probably came to mind was thank heavens there weren’t any astronauts on board. The second may have been: Who’s going to pay for all this? The …

Might Human Drivers Be Outlawed?

Tesla Motors co-founder and CEO Elon Musk thinks that human-driven cars could eventually be outlawed as computers show they can do a more efficient and safer job of driving. “In the distant future, [legislators] may outlaw driven cars because they’re …