and then, of course, there s the fun of it all as well. a growing number of wealthy people are booking tickets just to have a view of the planet from above. it all means that the space economy is really taking off. the space economy is worth about $340 billion, but by 2040, that ll grow to $1 trillion although a lot of this is because of things like new satellite based data services. and then there s been a big jump in satellites in orbit. the european space agency says that more than 15,000 satellites have been launched since russia got the ball rolling back in 1957. just over half are still functioning. in the last decade, there s been a big jump in the numbers being added. but over the last four years, that s mainly been thanks to just two companies 0neweb and elon musk s starlink. none of them would be able to get there, of course, without the rockets that companies like rocket lab and spacex are developing. rivals such asjeff bezos s blue origin and richard
rid of that with a proposition. if they bring it back, we d be fine. welcome to fight night where you could soon see two heavyweights square off. they re heavyweights in big tech, not so much in boxing. zuckerberg and musk might get ready to rumble. here is correspondent lauren green. reporter: it s the battle of the billionaires weighing in at a combined worth of $ 340 billion. mark zuckerberg and elon musk said they ll settle their business rivalry in the pay-per-view cage match. this ll be the biggest fight ever in the history of the world. it ll break all pay-per-view records. reporter: all started with twitter owner and tesla ceo elon musk tweeting he d be up with a cage fight with meta ceo zuckerberg. zuckerberg fired back, send me the location. the two verbally sparred over the dangers of ai and zuckerberg hinting on starting a company to compete with twitter but the proposed epic physical battle between the two has experts
run up, not during the pandemic, right back to 2010. his job was the minister of resilience but he said he was a mr fixit. he said he did not really know enough about this. he came on as an amateur and had to learn on thejob. he came on as an amateur and had to learn on the job. over he came on as an amateur and had to learn on thejob. over time, he realised that this was an important role. we have been hearing from the former chancellor, the finance minister george osborne. he s got a brilliant question interesting question. he came to power in 2010 in his role. the policy in the uk government then was austerity. essentially they said we need to cut back on public spending so we can sort the economy out. this is something his former boss david cameron defended yesterday. he said we had to have the economy and a good position to deal with this. if we didn t have the economy in the position, we could not have spent £340 billion dealing with covid 19. the lawyer for the inquiry seems
the controversial ceo of tesla and twitter the first to lose a $200 billion, billion with a b according to the bloomberg s billionaire index now worth a paltry $137 billion. good enough to make him second richest man in the world, but also means that his net worth has fallen by $203 billion since peaking at $340 billion in november of 2021. tesla s sinking stock prices largely responsible for that drop, and his $44 billion purchase of twitter hasn t done much to help either. sure there are a lot of people willing to take some of his cash. today is the final day of business and final day of existence for the january 6th house select committee. moments ago the panel released more stunning text messages and put out a new statement summing up their work. they wrote we overcame many hurdles including efforts to conceal, obstruct our work and
says it is still fixable and is hoping for a favorable outcome. she previously battled breast cancer in 2010 and we are sending her our best. elon musk has lost just about more than anyone in history. the ceo of tesla and twitter is the first person ever to lose $200 billion in wealth. he is now worth just a paltry $ $137 billion, but that s down sharply from $340 billion from november of 2021. the bulk of his wealth is tied up in tesla, whose stock plunged 65% last year. his $44 billion purchase of twitter hasn t helped tesla stock or his own personal wealth. he has sold $23 billion worth of tesla shares since april. bloomberg still lists him as the second richest person in the world, so everything is relative. don t feel too sorry for him