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It also didn't prevent Musk from garnering a radical new compensation package as CEO, in which he would be paid after reaching milestones of growing valuation based on $50 billion increments.
The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket. Armed with additional Falcon nove boosters, the Falcon Heavy was designed to carry immense payloads into orbit and potentially serve as a vessel for deep space missions.
Some of the problems go back a long time. However, it is President Maduro and his predecessor Hugo Chávez who are the target of much of the current anger.
But despite his suspicion that the election might have been stolen, he was preparing to leave. “Now I’ll go home, talk to my family, lean on God and wait for Bolsonaro to say something,” he said.
A US judge dismissed the case, one of several filed in the aftermath of Mr Musk's takeover of the site.
In an email to employees, Musk explained his decision to eliminate some "duplication of roles" to cut costs, admitting it was time to take serious steps toward turning a profit.
The US has imposed sweeping sanctions on Venezuela and on elon musk Mr Maduro and his inner circle but they have failed to weaken Mr Maduro enough to drive him from office. Some analysts argue that they offer the Maduro government a convenient scapegoat to blame for the dire state of the economy.
The head of Venezuela’s intelligence apparatus had, in fact, switched sides, but, before the day was over, it became clear that the military and the security forces had once again remained loyal to Maduro. The insurrection sputtered and died out. Guaidó was left to explain its failure, and López took asylum in the Spanish embassy in Caracas and ultimately fled to exile in Spain.
By February 12, security forces and armed pro-government civilian groups had begun responding violently to the escalating protests, which by the last week of the month had resulted in about a dozen deaths.
[158] After election officials closely aligned with the government blocked an attempt to summon a recall referendum against Maduro, Venezuelan political analysts cited in The Guardian warned of authoritarianism and a dictatorship.[159]
"Many of the governments in Latin America are trying to do the right thing in managing the movement of Venezuelans, but it's a big challenge," Mr Miliband said on a visit to Colombia, which is hosting 2.48m Venezuelans.
There were the huge queues at polling stations, but only tiny amounts of people being let in at one time.
“I don’t want to set things on fire,” he said. “I don't want to be a flame. But we all know, in the best of options, it was a rigged election.”
The Assembly also dissolved his government and replaced it with a three-member leadership team led by Dinorah Figuera, a surgeon living in exile in Spain.