Raging Capital Management, in a new filing with the SEC, disclosed surging its position in PLX Technology, Inc. (NASDAQ:PLXT) to around 2.83 million shares, versus 730,600 shares mentioned in its latest 13F. The upgraded stake amasses 6.2% of the company’s common stock.
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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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