

News
Elon Musk pledges $1 million to #TeamTrees viral tree-planting initiative
In May of 2019, popular YouTube creator “MrBeast” – real name: Jimmy Donaldson – reached 20 million subscribers. His followers quickly challenged him to plant as many trees as he had followers. In response, the YouTuber did what YouTubers do best: formed a collaborative effort of other well known YouTubers and legitimate foundations to crowdfund a viral challenge. The viral challenge has been so successful in just four days that it now has the backing of Tesla and SpaceX CEO Elon Musk.
Sounds cool. Where are the trees being planted & what kind of trees?— Elon Musk (@elonmusk) October 28, 2019
With the help of multiple partners, Donaldson paired up with The Arbor Day Foundation to create a fundraising campaign that would plant 20 million trees. TeamTrees.org was created and went live on Oct. 25th following an announcement video posted to the MrBeast Youtube channel. As stated on the site’s FAQ page, the organizers have promised all donors that “for every dollar you donate, one tree will be planted in a forest of high need around the world.”
In just four days the TeamTrees.org official Twitter account has garnered nearly 12 thousand followers when the challenge first caught the eye of Musk. Donaldson posted an update that “almost 6 million” trees had been planted accompanied by a screencap of what just 5,000 trees appeared as in the popular online game “Fortnite.” Musk responded “sounds cool,” but wanted more information and asked, “where are the trees being planted & what kind of trees?”
Of course, it comes as no surprise that the prospect of planting 20 million trees piqued the interest of the billionaire that founded Tesla. Musk has long been a supporter of the premise that electric vehicles could help reduce emissions and preserve the earth of the future. Combining an initiative to save Mother Earth by planting trees and using Fortnite as a visual reference was as genius as it could get to guarantee to grab the billionaire’s attention.
The factor that really drove it home was an almost immediate response by the influential tech review Youtuber, Marques Brownlee. Brownlee, who has had the opportunity to interview Musk at a Tesla factory, responded by linking the billionaire directly to the TeamTrees.org website. Musk then, almost as immediately, pledged to “donate 1M trees,” in other words, donate $1 million to the cause.
Ok, sounds legit, will donate 1M trees— Elon Musk (@elonmusk) October 29, 2019
Musk’s promised donation quickly gained appreciation all over the internet. The official Youtube Twitter account soon confirmed the legitimacy of Musk’s pledge. Then, larger than life social media platform – owned by parent company Google – promised to match every one of the following million donations to keep the support of TeamTrees.org going.
While pledging to plant 20 million trees is surely an effort in the right direction of combating global climate change, it may be just a drop in a bucket. As suggested in a fortuitous and completely unrelated article, WIRED.com suggests that more than just planting trees would need to be done in order to really address the issue of excess carbon in the atmosphere. An overarching theme of the article is that “seedlings and fancy agriculture” won’t even make a dent in the issue if emissions aren’t reduced.
“It’s possible to imagine agriculture as a kind of geoengineering, of improving on nature’s yields and productivity. If it could also improve on nature’s ability to put carbon in the ground, that would be transformative. But there’s no evidence yet people can do it at a scale that it can by itself save the planet.” – WIRED.com
Perhaps it won’t completely save the planet from the destruction that has already been done but surely vowing to plant sustainable trees in forests of high need is a step in the right direction. Especially when the cause has gained the attention of thousands of internet users and some very influential creators including MythBusters’ Adam Savage and SmarterEveryday’s Destin Sandlin.
If you would like more information about the campaign backed by Elon Musk, you can view the announcement video below or visit TeamTrees.org to pledge your own donation.
News
Waymo temporarily halts service in select San Francisco and LA areas amid protests
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state.
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.
Waymo Catches Strays Amid Anti-ICE Protests
Protests erupted in Los Angeles and San Francisco in response to the Trump administration’s immigration raids, which ultimately resulted in California Governor Gavin Newsom calling the White House’s deployment of National Guard troops unconstitutional.
Amidst the protests, images and videos emerged showing several Waymo robotaxis being defaced and destroyed. At least five Waymo robotaxis ended up being caught in the crossfire, and at least one vehicle ended up being burned to the ground.
The incident resulted in the Los Angeles Police Department advising people to avoid downtown areas due to toxic fumes from the robotaxis’ burning lithium-ion batteries. As noted in a KRON4 report, Waymo ultimately halted service in affected areas “out of an abundance of caution.”
Robotaxi Sentiments
The cost of the attacks is notable. Each Waymo robotaxi is valued between $150,000 and $200,000, per a 2024 Wall Street Journal report. Interestingly enough, this is not the first time that Waymo’s robotaxis ended up on the receiving end of angry protesters. On February 24, a Jaguar I-PACE robotaxi was set ablaze and vandalized by a crowd in San Francisco. Videos taken at the time showed a mob of people attacking the vehicle.
Despite the recent attacks on its robotaxis, Waymo has stated it has “no reason to believe” its vehicles were specifically targeted during the protests, as per a report from The Washington Post. A company spokesperson also noted that some of the Waymo robotaxis that were defaced and destroyed during the violent demonstrations had been completing drop-offs near the protest zones.
Investor's Corner
xAI targets $5 billion debt offering to fuel company goals
Elon Musk’s xAI is targeting a $5B debt raise, led by Morgan Stanley, to scale its artificial intelligence efforts.

xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development.
Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the dollar with a variable interest rate of 700 basis points over the SOFR benchmark, one source said. A second option offers a fixed-rate loan and bonds at 12%, with terms contingent on investor appetite. This “best efforts” transaction, where the debt size hinges on demand, reflects cautious lending in an uncertain economic climate.
According to Reuters sources, Morgan Stanley will not guarantee the issue volume or commit its own capital in the xAI deal, marking a shift from past commitments. The change in approach stems from lessons learned during Musk’s 2022 X acquisition when Morgan Stanley and six other banks held $13 billion in debt for over two years.
Morgan Stanley and the six other banks backing Musk’s X acquisition could only dispose of that debt earlier this year. They capitalized on X’s improved operating performance over the previous two quarters as traffic on the platform increased engagement around the U.S. presidential elections. This time, Morgan Stanley’s prudent strategy mitigates similar risks.
Beyond debt, xAI is in talks to raise $20 billion in equity, potentially valuing the company between $120 billion and $200 billion, sources said. In April, Musk hinted at a significant valuation adjustment for xAI, stating he was looking to put a “proper value” on xAI during an investor call.
As xAI pursues this $5 billion debt offering, its financial strategy positions it to lead the AI revolution, blending innovation with market opportunity.
News
SpaceX to debut new Dragon capsule in Axiom Space launch
Ax-4’s launch marks the debut of SpaceX’s latest Crew Dragon and pushes Axiom closer to building its own space station.

Axiom Space’s Ax-4 mission targets the International Space Station (ISS) with a new SpaceX Crew Dragon capsule.
The Axiom team will launch a new SpaceX Dragon capsule atop a Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on Wednesday at 8:00 a.m. EDT (1200 GMT). The Ax-4 mission launch was initially set for Tuesday, June 10, but was delayed by one day due to expected high winds.
As Axiom Space’s fourth crewed mission to the ISS, Ax-4 marks the debut of an updated SpaceX Crew Dragon capsule. “This is the first flight for this Dragon capsule, and it’s carrying an international crew—a perfect debut. We’ve upgraded storage, propulsion components, and the seat lash design for improved reliability and reuse,” said William Gerstenmaier, SpaceX’s vice president of build and flight reliability.
Axiom Space is a Houston-based private space infrastructure company. It has been launching private astronauts to the ISS for research and training since 2022, building expertise for its future station. With NASA planning to decommission the ISS by 2030, Axiom has laid the groundwork for the Axiom Station, the world’s first commercial space station. The company has already begun construction on its ISS replacement.
The Ax-4 mission’s research, spanning biological, life, and material sciences and Earth observation, will support this ambitious goal. Contributions from 31 countries underscore the mission’s global scope. The four-person crew will launch from Launch Complex 39A, embarking on a 14-day mission to conduct approximately 60 scientific studies.
“The AX-4 crew represents the very best of international collaboration, dedication, and human potential. Over the past 10 months, these astronauts have trained with focus and determination, each of them exceeding the required thresholds to ensure mission safety, scientific rigor, and operational excellence,” said Allen Flynt, Axiom Space’s chief of mission services.
The Ax-4 mission highlights Axiom’s commitment to advancing commercial space exploration. By leveraging SpaceX’s Dragon capsule and conducting diverse scientific experiments, Axiom is paving the way for its Axiom Station. This mission not only strengthens international collaborations but also positions Axiom as a leader in the evolving landscape of private space infrastructure.
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