It’s trying to commercialise MIT research. It’s always hard to tell in this early days if that’ll work out or not.
There are many other efforts around the world of low or zero carbon emission steel. Almost none of them are cheap enough to take off unless the cost carbon emissions increases a couple of orders of magnitude.
It’s no longer a public company. So it can be bought when Musk chooses to sell. Or if he defaults on his loan then it may go to banks but they really don’t want it and have already written off their loan to him.
I could see my own company falling victim to this kind of attack. I guess for a targeted attack all personal Google accounts or other password managers are a vulnerability. I’d cry if my work blocked the chrome password manager.
Remember when Musk promised self driving Teslas will be here and you’ll just let your car earn some money when you’re not driving it. Why did anyone believe that was a good idea? Just imagine the condition your car would show up in when it’s time to go home from work.
Probably a better article - https://news.mit.edu/2024/mit-spinout-boston-metal-makes-steel-with-electricity-0522
It’s trying to commercialise MIT research. It’s always hard to tell in this early days if that’ll work out or not.
There are many other efforts around the world of low or zero carbon emission steel. Almost none of them are cheap enough to take off unless the cost carbon emissions increases a couple of orders of magnitude.