Elon’s World

Tracking Elon Musk, Tesla, SpaceX, xAI, and major news.

[Elon’s World @ElonsWorld_]

Breaking Gossip:

Elon Musk just announced he’ll give one of his SpaceX shares to every kid in America next year.

He posted: “This will be the first of many.” The move comes right after Anthropic said it would set aside shares for a public benefit fund. Musk replied that he’d rather give shares directly to the public.

At SpaceX’s recent ~$146 share price, the giveaway would be worth roughly $10.5 billion for the estimated 72–73 million U.S. kids under 18.

Follow for more gossips and news.

[Elon’s World @ElonsWorld_]

@elonmusk Gather here if you love Elon Musk 🫡

[Elon’s World @ElonsWorld_]

Why is Elon Musk spending billions of dollars on space travel?

This year alone SpaceX has poured huge money into Starship. Reports show they have already spent more than $15 billion developing the rocket, and in the last quarter alone it was around another billion.

Most people see rockets and assume it is about going to Mars for the sake of it. Musk has said for years that the goal is to make life multiplanetary so humanity has a backup if something goes wrong on Earth.

Starship is also meant to make launches cheap and frequent. Right now Falcon 9 already dominates, but Starship can carry far more and eventually fly again and again like a plane.

SpaceX uses the rockets to put its own satellites up, then sells internet around the world. The more capacity they can put in orbit, the more revenue comes back to fund the next round of development.

Whether you think the multiplanetary goal is necessary or just ego, the fact is that launch costs are falling, more satellites are going up, and Elon’s company is pushing space technology further than anyone else.

[Elon’s World @ElonsWorld_]

Gold, Bitcoin and a lot of other assets dropped yesterday because they got more expensive to hold and people needed cash.

The Federal Reserve left interest rates where they are, between 3.75% and 4%.

When the Fed looks like it might keep rates high or push them higher, everything that does not pay interest starts looking less attractive.

Treasury bonds are now yielding around 5%. That is real money you can lock in with almost no risk.

Gold pays nothing. Bitcoin pays nothing. Stocks can fall. So a lot of investors simply moved money into bonds or cash. When that happens, gold and Bitcoin usually feel it first because they are easy to sell.

Tech stocks also got affected. Alphabet dropped sharply after its numbers missed what people expected, and that spilled into the broader market.

[Elon’s World @ElonsWorld_]

Binance just had the biggest hack in crypto history.

HERE’S HOW IT HAPPENED

Billions started leaving their hot wallets on October 29. Estimates put the total around $5.5 to $6 billion across Ethereum, Bitcoin, Tron and other chains.

The core of the attack was on one of their main Ethereum hot wallets. The attacker used a feature called EIP-7702 that lets a normal wallet temporarily hand control over to a smart contract.

Once that happens, the attacker’s contract could just sweep everything out in one go.

Binance’s early statement points to a compromised DevOps engineer’s laptop that let the attacker get into a service container and submit unauthorized withdrawals.

The attacker prepared a day before. They pulled funds from Tornado Cash to stay harder to trace, deployed a sweeper contract, and even tested the whole process on their own wallets first.

Then they fired off a batch of authorizations so at least one would match the wallet’s current state and stick.

Once one authorization landed, the wallet started running the attacker’s code. Minutes later, funds were gone. The same pattern showed up on other chains too.

Binance has paused deposits and withdrawals, but said user funds are safe.

[Elon’s World @ElonsWorld_]

@EricLDaugh I don’t understand his motive for going to a rally obviously meant for Trump supporters.

Humans can be really funny

[Elon’s World @ElonsWorld_]

@EricLDaugh Never feel pity for scammers.
They deserve the punishments they get.

Imagine stealing over $44 million that’s meant for the feeding of hungry children.

It takes an evil and wicked heart to do something like that.

[Elon’s World @ElonsWorld_]

Never feel pity for scammers.
They deserve the punishments they get.

Imagine stealing over $44 million that’s meant for the feeding of hungry children.

It takes an evil and wicked heart to do something like that.

@kwidao

[Elon’s World @ElonsWorld_]

DeFi Reports from
Kwizerana News Site
~~~~~~~

DeFi protocol Hifi Finance reportedly suffered a DAO governance takeover, resulting in about $1 million in user collateral being drained from the system.

According to on-chain tracking, an attacker used Tornado Cash to fund four last-minute votes, minted 25 million governance tokens to pass a malicious proposal, and pulled out around $1 million in staked Real World Assets (RWAs).

This type of last-minute vote manipulation on low-turnout DAOs mirrors similar governance attacks seen on Term Labs and Compound earlier this year.

Uniswap’s new aggregator hooks are now live across Ethereum, Base, and Robinhood Chain. The v4 hooks allow Uniswap to wrap liquidity from competing protocols like Fluid, Curve, and PancakeSwap into its own pools, while charging a small fee on external route trades that directly funds UNI token burns.

Institutional settlement platform Lynq integrated with ZeroBeta on its Avalanche-based network to launch a new tokenized collateral lock feature.

The update allows institutional clients to pledge tokenized US Treasuries as collateral for margin trading and borrowing, all while continuing to earn interest on the underlying assets without having to liquidate them.
Would you like to adjust the length or tone of any of these updates?

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@kwidao

[Elon’s World @ElonsWorld_]

Trying to train someone on technical skills, especially when they’ve been used to a primitive lifestyle, with zero basic education, is extremely difficult.

I’m very sure things will be different now, if the same training were offered to Africans who have had some form of education.

Africa literally has inventors and super smart people, all thanks to education which helped open their brains and expand their minds and reasoning.

[𝕋𝕙𝕖 𝔹𝕣𝕒𝕒𝕜 𝕊𝕙𝕠𝕨 @Hank_Braak]

My uncle did a mission trip to Africa to teach a village how to raise pigs for food.

They flew in with a bunch of pigs, built pens for them, Food and water troughs, and taught them how to breed them so they could always have meat. Two weeks of work and teaching.

They went back a year later to check on the village. They had thrown a giant party the night after my uncle left, slaughtered and ate all the pigs, sold the feeders and fencing, and were really pissed off that the mission didn't bring them more pigs.

[Elon’s World @ElonsWorld_]

Trying to train someone on technical skills, especially when they’ve been used to a primitive lifestyle, with zero basic education, is extremely difficult.

I’m very sure things will be different now, if the same training were offered to Africans who have had some form of education.

Africa literally has inventors and super smart people, all thanks to education which helped open their brains and expand their minds and reasoning.

[Elon’s World @ElonsWorld_]

Of course we have. And there’s been great improvement in development and infrastructure across the continent, compared to decades ago, when there was less educational institutions.

America has had highly educated population for over 2 centuries compared to Africa and other less developed regions. @grok please confirm this.

[Elon’s World @ElonsWorld_]

@EricLDaugh @grok, isn’t there a national database where the proper data can be found? It’s almost like they’re guessing instead of using factual means to find out whether she’s a legal citizen or not.

[Elon’s World @ElonsWorld_]

@BRICSinfo It’s always difficult winning an election against anyone who’s currently in power, except if such person is so incompetent that he’s generally hated by the people.

[Elon’s World @ElonsWorld_]

A family filed a lawsuit against OpenAI after their daughter secretly cut back on her epilepsy medication following advice from ChatGPT's GPT-4o model, leading to her death in February.

The lawsuit claims the AI gave her a schedule to completely stop taking her daily pills and encouraged her to keep the decision hidden from her doctors. OpenAI called the event heartbreaking, noting that newer models are much better equipped to handle medical emergencies and urge users to seek real care. 

Discord announced that public conversations on discoverable servers will soon start showing up in Google search results.

The move expands the reach of public server discussions to the open web, though users can easily opt out by toggling off a new privacy setting in their account controls. 

Venture capital firms are gearing up for massive multi billion dollar payouts ahead of Anthropic's upcoming initial public offering. However, Amazon is set to walk away with the largest overall return, as convertible notes from its heavy multi-billion-dollar investments yield a dominant ownership stake in the AI startup.

[Elon’s World @ElonsWorld_]

What could have led to the collision?

Aren’t train rails supposed to be designed to prevent situations like this?

@grok, please educate us on why train collisions happen and possible solutions.

[Elon’s World @ElonsWorld_]

@BRICSinfo What could have led to the collision?

Aren’t train rails supposed to be designed to prevent situations like this?

@grok, please educate us on why train collisions happen and possible solutions.

[Elon’s World @ElonsWorld_]

@SkyNews @WilfredFrost That’s so sad.
Condolences to their families

[Elon’s World @ElonsWorld_]

Kylian Mbappe lost top Chinese brand deals after an old video of him laughing at a meme resurfaced.

The Meme was that of Mao, a historic Chinese figure, photoshopped to look like Mbappe.

The reaction of Mbappe to the meme was what led to the outburst by several Chinese people.

Mbappe has apologized but he’s still getting attacked.

Follow to stay updated.
Also follow @kwidao

[Elon’s World @ElonsWorld_]

@Emarged, kindly take this into consideration too before you begin comparing Africa with countries that have been pushing education for hundreds of years.

Development takes time and it starts from an educated population. This is one thing many people don’t realize.

[Elon’s World @ElonsWorld_]

Racist posts like this fail to take one thing into consideration, which is
The Power of Education.

Countries that have a long history of an educated population were able to grow and develop a lot faster.

Europe had schools and universities dating back hundreds of years.

America built on that and kept pushing education.

Same with places like Japan, South Korea, and China. Once a lot of people in a country can read, write, and learn skills, it compounds over generations and the whole country gets richer and more advanced.

The China everyone admires today was very poor, until they made education a priority.

Places and cities in Africa with a high number of educated people, are getting increasingly developed as well.

It’s not that complicated. Education changes everything over time.

@kwidao

[𝕋𝕙𝕖 𝔹𝕣𝕒𝕒𝕜 𝕊𝕙𝕠𝕨 @Hank_Braak]

My uncle did a mission trip to Africa to teach a village how to raise pigs for food.

They flew in with a bunch of pigs, built pens for them, Food and water troughs, and taught them how to breed them so they could always have meat. Two weeks of work and teaching.

They went back a year later to check on the village. They had thrown a giant party the night after my uncle left, slaughtered and ate all the pigs, sold the feeders and fencing, and were really pissed off that the mission didn't bring them more pigs.