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Google is bringing its AI-powered photo-to-video capability to more apps

Google is bringing its AI-powered photo-to-video capability to more apps

Google is adding new AI-powered features to Google Photos and YouTube Shorts that allow users to transform their photos into videos. The tools are similar to the Veo 3-powered photo-to-video capabilities that were added to Google’s Gemini app earlier this month, only they’re powered by Google’s older Veo 2 video model instead and have more limitations.

The photo-to-video AI generation in Google Photos is restricted to making six-second clips, while the YouTube Shorts version allows users to select what clip length to generate. Unlike in Gemini or using Veo 2 itself, however, neither tool allows users to enter their own prompt descriptions to guide the results. Instead, users can only select from a list of provided prompts, such as “Subtle movements” or “I’m feeling lucky” in Google Photos.

The feature is starting to roll out today in the US for Google Photos on Android and iOS devices, and over the next week for YouTube Shorts users in the US, Canada, Australia, and New Zealand.

A Remix tool for Google Photos will also be available to Android and iOS users in the US in the next few weeks. This tool transforms photos into a different style, including anime, comics, sketches, and 3D animation. The photo-to-video and Remix tools will be housed under a new Create tab in the Photos app that’s launching in the US next month. The Create tab places the tools alongside other creative features like collages, highlight video, and more, so that they’re all in one place and easier to find.

Google warns users that the Remix and photo-to-video features are “experimental” and may produce inaccurate results. You can thumbs up or thumbs down on generated images and videos to provide feedback that Google can use to improve the tools going forward. All videos and photos generated will include Google’s invisible SynthID digital watermark. Videos generated in Photos will also carry a visible watermark that makes them easier to identify as AI-generated at a glance.

The YouTube Shorts camera is also getting new generative AI effects that can create images based on doodles and apply video effects to selfies that duplicate the user or make them appear like they’re swimming underwater. YouTube is making these effects and other generative AI tools easier for Shorts users to find with a new AI Playground hub, which users can access by tapping the sparkle icon in the top right corner when creating a video. AI Playground is available now for Shorts users in the US, Canada, Australia, and New Zealand “to start,” according to Google.

This update adds to the generative AI capabilities in Google Photos that were already miles ahead of anything that Apple provides in the iOS Photos app. The two companies have different approaches, however: while Google lets your imagination run wild (sometimes to concerning limits), Apple’s Image Playground tool won’t generate photorealistic images, in order to mitigate concerns over things like deepfakes and misinformation.

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#Google #bringing #AIpowered #phototovideo #capability #apps

Garmin has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.

Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.

What’s the Forerunner 70 and the Forerunner 170 About?

Garmin Launches Forerunner 70 and 170 Smartwatches for Runners
	
Running watches have slowly evolved from being niche gadgets meant only for marathon runners into something much more mainstream. If you’re in the market for a running watch, the Garmin has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.



Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.



What’s the Forerunner 70 and the Forerunner 170 About?







The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.



Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.



On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.



The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.





#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin

The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.

Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.

On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.

The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.

#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin">Garmin Launches Forerunner 70 and 170 Smartwatches for Runners
	
Running watches have slowly evolved from being niche gadgets meant only for marathon runners into something much more mainstream. If you’re in the market for a running watch, the Garmin has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.



Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.



What’s the Forerunner 70 and the Forerunner 170 About?







The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.



Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.



On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.



The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.





#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin

has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.

Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.

What’s the Forerunner 70 and the Forerunner 170 About?

Garmin Launches Forerunner 70 and 170 Smartwatches for Runners
	
Running watches have slowly evolved from being niche gadgets meant only for marathon runners into something much more mainstream. If you’re in the market for a running watch, the Garmin has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.



Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.



What’s the Forerunner 70 and the Forerunner 170 About?







The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.



Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.



On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.



The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.





#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin

The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.

Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.

On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.

The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.

#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin">Garmin Launches Forerunner 70 and 170 Smartwatches for Runners

Running watches have slowly evolved from being niche gadgets meant only for marathon runners into something much more mainstream. If you’re in the market for a running watch, the Garmin has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.

Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.

What’s the Forerunner 70 and the Forerunner 170 About?

Garmin Launches Forerunner 70 and 170 Smartwatches for Runners
	
Running watches have slowly evolved from being niche gadgets meant only for marathon runners into something much more mainstream. If you’re in the market for a running watch, the Garmin has something for you. The company has just launched the Garmin Forerunner 70 and Garmin Forerunner 170 series, two new running-focused smartwatches aimed at beginners and everyday fitness users. Both watches feature AMOLED displays, touchscreen support, and Garmin’s traditional five-button design that long-time users will instantly recognize.



Interestingly, Garmin isn’t positioning these as premium athlete-first devices. Instead, the focus here seems to be accessibility. The company says the new watches are designed to help users start their fitness journey while still bringing in several advanced training features from Garmin’s higher-end Forerunner lineup.



What’s the Forerunner 70 and the Forerunner 170 About?







The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.



Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.



On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.



The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.





#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin

The Garmin Forerunner 70 is built for people who want the essentials without getting overwhelmed. It comes with built-in GPS, wrist-based heart rate tracking, pace and distance monitoring, and quick workout suggestions based on fitness level and intensity preferences. Garmin is also bringing over features like Garmin Coach, daily suggested workouts, sleep tracking, Pulse Ox monitoring, HRV status, and training readiness tools. There are over 80 built-in sports modes as well, including swimming, cycling, and strength training.

Battery life also looks pretty solid. Garmin claims the watch can last up to 13 days in smartwatch mode, which is honestly refreshing in a world where most wearables still need charging every other day. The watch will be available in colors like citron, lavender, black, and whitestone.

On the other hand, the Garmin Forerunner 170 takes things a step further by adding additional recovery and performance-tracking tools. It includes features like training status, training readiness, and more structured Garmin Coach plans for runners training toward specific goals. Garmin is also launching a Music version of the watch, which will be available in brighter color variants like teal green and red pink. Battery life on the Forerunner 170 series is rated at up to 10 days in smartwatch mode.

The new Forerunner 70 and 170 series will launch in India in June 2026 after import certifications are completed. Garmin hasn’t revealed pricing yet.

#Garmin #Launches #Forerunner #Smartwatches #RunnersGarmin

In an X post on Friday, Elon Musk warned future shareholders that while returns could be massive eventually, those who invest in SpaceX should not “expect entirely smooth sailing along the way,” and that he must be allowed to focus on his mission of making human life “multiplanetary.”

I’m thinking you should heed is warning. After all, if you’re considering buying SpaceX stock, what do you think will happen at SpaceX after the expected IPO next month? You can’t be picturing SpaceX becoming some boring pillar of economic stability like AT&T, can you?

Speaking to his employees in February, Musk described his dream for the future of SpaceX as one full of space catapults, a Dyson sphere around the sun, and AI that feeds on secret knowledge previously known only to long-dead aliens.

In other words, if you’re imagining good old fashioned American capitalist enterprise with healthy profits, dividends, and market-friendly competition, like something from a 1940s propaganda film, you’re investing in the wrong company.

To wit: SpaceX’s corporate governance regime will be set up in such a way that the CEO and chairman cannot be fired, according to a report last month from Reuters. SpaceX will have different classes of stock with different power levels. Class A for pension funds and Robinhood users—plebs, in other words—and Class B for people who matter. Class B stock will carry ten times the voting power of Class A stock, and Musk will control the Class B stock.

The IPO filing, part of which is excerpted in the Reuters article, spells this out. Musk “can only be removed from our board or these positions by the vote of Class B holders.” If Musk “retains a significant portion of his holdings of Class B common stock for an extended period of time, he ⁠could continue to control the election and removal of a majority of our board.”

Basically, Musk stays in both positions as long as he wants, and can easily veto any effort to fire him. Common shares without voting power aren’t rare these days, but a powerless board is. As a Harvard corporate governance expert named Lucian Bebchuk explained to Reuters, “Usually removal of the CEO is a decision left to the board, and controllers rely on their power to replace the board.”

So if you own stock in SpaceX, you’re just along for the ride.

On Friday, in response to a Financial Times article about SpaceX’s draconian governance scheme, Musk explained himself. Sort of:

 

“I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars,” he wrote.

He often does this. In response to criticism—or just as often in response to fans shielding him from criticism—he would say some variation on if people are mean to me, humanity will never be multiplanetary.

For instance, when CleanTechnica leapt to his defense after Bernie Sanders criticized him over income inequality in 2021, he replied, “I am accumulating resources to help make life multiplanetary & extend the light of consciousness to the stars.” That same year, in response to handwringing from European finance ministers about his potential monopoly over satellite launches, he posted, “SpaceX is developing rockets needed to make life multiplanetary — full & rapid reusability at large scale.” Also in 2021, when the FAA expressed concern that SpaceX had overstepped his clearance from the federal government, he wrote about how much he hated the FAA’s space division, saying, “Their rules are meant for a handful of expendable launches per year from a few government facilities. Under those rules, humanity will never get to Mars.”

Some are predicting shortly after the IPO, the accompanying increase in SpaceX’s valuation will cause Musk’s net worth to cross the trillion-dollar threshold. This isn’t a trivial side effect. Elon Musk is more or less signaling that he is the protagonist of humanity’s future, and everyone else is an NPC. Do you believe that? Then by all means buy the stock (This is not financial advice).

#Elon #Musk #Explains #SpaceX #Board #Powerless #FireElon Musk,ipo,SPACEX">Elon Musk Explains Why the SpaceX Board Must Be Powerless to Fire Him
                In an X post on Friday, Elon Musk warned future shareholders that while returns could be massive eventually, those who invest in SpaceX should not “expect entirely smooth sailing along the way,” and that he must be allowed to focus on his mission of making human life “multiplanetary.” I’m thinking you should heed is warning. After all, if you’re considering buying SpaceX stock, what do you think will happen at SpaceX after the expected IPO next month? You can’t be picturing SpaceX becoming some boring pillar of economic stability like AT&T, can you? Speaking to his employees in February, Musk described his dream for the future of SpaceX as one full of space catapults, a Dyson sphere around the sun, and AI that feeds on secret knowledge previously known only to long-dead aliens.

 In other words, if you’re imagining good old fashioned American capitalist enterprise with healthy profits, dividends, and market-friendly competition, like something from a 1940s propaganda film, you’re investing in the wrong company. [embed]https://www.youtube.com/watch?v=eFvOPpBVff0[/embed] To wit: SpaceX’s corporate governance regime will be set up in such a way that the CEO and chairman cannot be fired, according to a report last month from Reuters. SpaceX will have different classes of stock with different power levels. Class A for pension funds and Robinhood users—plebs, in other words—and Class B for people who matter. Class B stock will carry ten times the voting power of Class A stock, and Musk will control the Class B stock.

 The IPO filing, part of which is excerpted in the Reuters article, spells this out. Musk “can only be removed from our board or these positions by the vote of Class B holders.” If Musk “retains a significant portion of his holdings of Class B common stock for an extended period of time, he ⁠could continue to control the election and removal of a majority of our board.” Basically, Musk stays in both positions as long as he wants, and can easily veto any effort to fire him. Common shares without voting power aren’t rare these days, but a powerless board is. As a Harvard corporate governance expert named Lucian Bebchuk explained to Reuters, “Usually removal of the CEO is a decision left to the board, and controllers rely on their power to replace the board.”

 So if you own stock in SpaceX, you’re just along for the ride. On Friday, in response to a Financial Times article about SpaceX’s draconian governance scheme, Musk explained himself. Sort of:  Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus! Obviously, IF SpaceX succeeds in this absurdly difficult goal, it will be worth many orders of… — Elon Musk (@elonmusk) May 15, 2026    “I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars,” he wrote. He often does this. In response to criticism—or just as often in response to fans shielding him from criticism—he would say some variation on if people are mean to me, humanity will never be multiplanetary.

 For instance, when CleanTechnica leapt to his defense after Bernie Sanders criticized him over income inequality in 2021, he replied, “I am accumulating resources to help make life multiplanetary & extend the light of consciousness to the stars.” That same year, in response to handwringing from European finance ministers about his potential monopoly over satellite launches, he posted, “SpaceX is developing rockets needed to make life multiplanetary — full & rapid reusability at large scale.” Also in 2021, when the FAA expressed concern that SpaceX had overstepped his clearance from the federal government, he wrote about how much he hated the FAA’s space division, saying, “Their rules are meant for a handful of expendable launches per year from a few government facilities. Under those rules, humanity will never get to Mars.” Some are predicting shortly after the IPO, the accompanying increase in SpaceX’s valuation will cause Musk’s net worth to cross the trillion-dollar threshold. This isn’t a trivial side effect. Elon Musk is more or less signaling that he is the protagonist of humanity’s future, and everyone else is an NPC. Do you believe that? Then by all means buy the stock (This is not financial advice).      #Elon #Musk #Explains #SpaceX #Board #Powerless #FireElon Musk,ipo,SPACEX

In an X post on Friday, Elon Musk warned future shareholders that while returns could be massive eventually, those who invest in SpaceX should not “expect entirely smooth sailing along the way,” and that he must be allowed to focus on his mission of making human life “multiplanetary.”

I’m thinking you should heed is warning. After all, if you’re considering buying SpaceX stock, what do you think will happen at SpaceX after the expected IPO next month? You can’t be picturing SpaceX becoming some boring pillar of economic stability like AT&T, can you?

Speaking to his employees in February, Musk described his dream for the future of SpaceX as one full of space catapults, a Dyson sphere around the sun, and AI that feeds on secret knowledge previously known only to long-dead aliens.

In other words, if you’re imagining good old fashioned American capitalist enterprise with healthy profits, dividends, and market-friendly competition, like something from a 1940s propaganda film, you’re investing in the wrong company.

To wit: SpaceX’s corporate governance regime will be set up in such a way that the CEO and chairman cannot be fired, according to a report last month from Reuters. SpaceX will have different classes of stock with different power levels. Class A for pension funds and Robinhood users—plebs, in other words—and Class B for people who matter. Class B stock will carry ten times the voting power of Class A stock, and Musk will control the Class B stock.

The IPO filing, part of which is excerpted in the Reuters article, spells this out. Musk “can only be removed from our board or these positions by the vote of Class B holders.” If Musk “retains a significant portion of his holdings of Class B common stock for an extended period of time, he ⁠could continue to control the election and removal of a majority of our board.”

Basically, Musk stays in both positions as long as he wants, and can easily veto any effort to fire him. Common shares without voting power aren’t rare these days, but a powerless board is. As a Harvard corporate governance expert named Lucian Bebchuk explained to Reuters, “Usually removal of the CEO is a decision left to the board, and controllers rely on their power to replace the board.”

So if you own stock in SpaceX, you’re just along for the ride.

On Friday, in response to a Financial Times article about SpaceX’s draconian governance scheme, Musk explained himself. Sort of:

 

“I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars,” he wrote.

He often does this. In response to criticism—or just as often in response to fans shielding him from criticism—he would say some variation on if people are mean to me, humanity will never be multiplanetary.

For instance, when CleanTechnica leapt to his defense after Bernie Sanders criticized him over income inequality in 2021, he replied, “I am accumulating resources to help make life multiplanetary & extend the light of consciousness to the stars.” That same year, in response to handwringing from European finance ministers about his potential monopoly over satellite launches, he posted, “SpaceX is developing rockets needed to make life multiplanetary — full & rapid reusability at large scale.” Also in 2021, when the FAA expressed concern that SpaceX had overstepped his clearance from the federal government, he wrote about how much he hated the FAA’s space division, saying, “Their rules are meant for a handful of expendable launches per year from a few government facilities. Under those rules, humanity will never get to Mars.”

Some are predicting shortly after the IPO, the accompanying increase in SpaceX’s valuation will cause Musk’s net worth to cross the trillion-dollar threshold. This isn’t a trivial side effect. Elon Musk is more or less signaling that he is the protagonist of humanity’s future, and everyone else is an NPC. Do you believe that? Then by all means buy the stock (This is not financial advice).

#Elon #Musk #Explains #SpaceX #Board #Powerless #FireElon Musk,ipo,SPACEX">Elon Musk Explains Why the SpaceX Board Must Be Powerless to Fire HimElon Musk Explains Why the SpaceX Board Must Be Powerless to Fire Him
                In an X post on Friday, Elon Musk warned future shareholders that while returns could be massive eventually, those who invest in SpaceX should not “expect entirely smooth sailing along the way,” and that he must be allowed to focus on his mission of making human life “multiplanetary.” I’m thinking you should heed is warning. After all, if you’re considering buying SpaceX stock, what do you think will happen at SpaceX after the expected IPO next month? You can’t be picturing SpaceX becoming some boring pillar of economic stability like AT&T, can you? Speaking to his employees in February, Musk described his dream for the future of SpaceX as one full of space catapults, a Dyson sphere around the sun, and AI that feeds on secret knowledge previously known only to long-dead aliens.

 In other words, if you’re imagining good old fashioned American capitalist enterprise with healthy profits, dividends, and market-friendly competition, like something from a 1940s propaganda film, you’re investing in the wrong company. [embed]https://www.youtube.com/watch?v=eFvOPpBVff0[/embed] To wit: SpaceX’s corporate governance regime will be set up in such a way that the CEO and chairman cannot be fired, according to a report last month from Reuters. SpaceX will have different classes of stock with different power levels. Class A for pension funds and Robinhood users—plebs, in other words—and Class B for people who matter. Class B stock will carry ten times the voting power of Class A stock, and Musk will control the Class B stock.

 The IPO filing, part of which is excerpted in the Reuters article, spells this out. Musk “can only be removed from our board or these positions by the vote of Class B holders.” If Musk “retains a significant portion of his holdings of Class B common stock for an extended period of time, he ⁠could continue to control the election and removal of a majority of our board.” Basically, Musk stays in both positions as long as he wants, and can easily veto any effort to fire him. Common shares without voting power aren’t rare these days, but a powerless board is. As a Harvard corporate governance expert named Lucian Bebchuk explained to Reuters, “Usually removal of the CEO is a decision left to the board, and controllers rely on their power to replace the board.”

 So if you own stock in SpaceX, you’re just along for the ride. On Friday, in response to a Financial Times article about SpaceX’s draconian governance scheme, Musk explained himself. Sort of:  Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus! Obviously, IF SpaceX succeeds in this absurdly difficult goal, it will be worth many orders of… — Elon Musk (@elonmusk) May 15, 2026    “I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars,” he wrote. He often does this. In response to criticism—or just as often in response to fans shielding him from criticism—he would say some variation on if people are mean to me, humanity will never be multiplanetary.

 For instance, when CleanTechnica leapt to his defense after Bernie Sanders criticized him over income inequality in 2021, he replied, “I am accumulating resources to help make life multiplanetary & extend the light of consciousness to the stars.” That same year, in response to handwringing from European finance ministers about his potential monopoly over satellite launches, he posted, “SpaceX is developing rockets needed to make life multiplanetary — full & rapid reusability at large scale.” Also in 2021, when the FAA expressed concern that SpaceX had overstepped his clearance from the federal government, he wrote about how much he hated the FAA’s space division, saying, “Their rules are meant for a handful of expendable launches per year from a few government facilities. Under those rules, humanity will never get to Mars.” Some are predicting shortly after the IPO, the accompanying increase in SpaceX’s valuation will cause Musk’s net worth to cross the trillion-dollar threshold. This isn’t a trivial side effect. Elon Musk is more or less signaling that he is the protagonist of humanity’s future, and everyone else is an NPC. Do you believe that? Then by all means buy the stock (This is not financial advice).      #Elon #Musk #Explains #SpaceX #Board #Powerless #FireElon Musk,ipo,SPACEX

In an X post on Friday, Elon Musk warned future shareholders that while returns could be massive eventually, those who invest in SpaceX should not “expect entirely smooth sailing along the way,” and that he must be allowed to focus on his mission of making human life “multiplanetary.”

I’m thinking you should heed is warning. After all, if you’re considering buying SpaceX stock, what do you think will happen at SpaceX after the expected IPO next month? You can’t be picturing SpaceX becoming some boring pillar of economic stability like AT&T, can you?

Speaking to his employees in February, Musk described his dream for the future of SpaceX as one full of space catapults, a Dyson sphere around the sun, and AI that feeds on secret knowledge previously known only to long-dead aliens.

In other words, if you’re imagining good old fashioned American capitalist enterprise with healthy profits, dividends, and market-friendly competition, like something from a 1940s propaganda film, you’re investing in the wrong company.

To wit: SpaceX’s corporate governance regime will be set up in such a way that the CEO and chairman cannot be fired, according to a report last month from Reuters. SpaceX will have different classes of stock with different power levels. Class A for pension funds and Robinhood users—plebs, in other words—and Class B for people who matter. Class B stock will carry ten times the voting power of Class A stock, and Musk will control the Class B stock.

The IPO filing, part of which is excerpted in the Reuters article, spells this out. Musk “can only be removed from our board or these positions by the vote of Class B holders.” If Musk “retains a significant portion of his holdings of Class B common stock for an extended period of time, he ⁠could continue to control the election and removal of a majority of our board.”

Basically, Musk stays in both positions as long as he wants, and can easily veto any effort to fire him. Common shares without voting power aren’t rare these days, but a powerless board is. As a Harvard corporate governance expert named Lucian Bebchuk explained to Reuters, “Usually removal of the CEO is a decision left to the board, and controllers rely on their power to replace the board.”

So if you own stock in SpaceX, you’re just along for the ride.

On Friday, in response to a Financial Times article about SpaceX’s draconian governance scheme, Musk explained himself. Sort of:

 

“I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars,” he wrote.

He often does this. In response to criticism—or just as often in response to fans shielding him from criticism—he would say some variation on if people are mean to me, humanity will never be multiplanetary.

For instance, when CleanTechnica leapt to his defense after Bernie Sanders criticized him over income inequality in 2021, he replied, “I am accumulating resources to help make life multiplanetary & extend the light of consciousness to the stars.” That same year, in response to handwringing from European finance ministers about his potential monopoly over satellite launches, he posted, “SpaceX is developing rockets needed to make life multiplanetary — full & rapid reusability at large scale.” Also in 2021, when the FAA expressed concern that SpaceX had overstepped his clearance from the federal government, he wrote about how much he hated the FAA’s space division, saying, “Their rules are meant for a handful of expendable launches per year from a few government facilities. Under those rules, humanity will never get to Mars.”

Some are predicting shortly after the IPO, the accompanying increase in SpaceX’s valuation will cause Musk’s net worth to cross the trillion-dollar threshold. This isn’t a trivial side effect. Elon Musk is more or less signaling that he is the protagonist of humanity’s future, and everyone else is an NPC. Do you believe that? Then by all means buy the stock (This is not financial advice).

#Elon #Musk #Explains #SpaceX #Board #Powerless #FireElon Musk,ipo,SPACEX

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