Category: Elon Musk

Musk, Twitter Sued by Florida Pension Fund Seeking to Delay $44 Billion Takeover

A Florida pension fund has sued Tesla CEO Elon Musk and Twitter Inc. in a bid to halt the self-avowed “free speech absolutist” from finalizing his $44 billion takeover bid of the social media platform. In the proposed class-action lawsuit, brought by the Orlando Police Pension Fund and filed in Delaware Chancery Court, the plaintiffs…


Job Interest in Twitter Rises More Than 260 Percent After Elon Musk’s Takeover Deal

Since Twitter’s Board of Directors accepted Elon Musk’s offer to buy the social media platform, interest in employment opportunities at the tech firm has accelerated, new data shows. In the week of Apr. 24, interest in Twitter job openings on Glassdoor surged 263 percent, according to Daniel Zhao, a senior economist and data scientist at…


With Musk Buying Twitter, Will Trump Be Back? | Larry Elder

With Elon Musk buying Twitter, everyone keeps asking the question: Will Donald Trump be allowed back on the platform? Meanwhile, a federal judge strikes down the mask mandate for public transportation, fentanyl smuggling across the border skyrockets under President Joe Biden, a Rhode Island bill would double the taxes of those who refuse the COVID-19…


Elon Musk Denies He Communicated With Trump Over Twitter Takeover Bid

The world’s richest person, Elon Musk, denied a report that he communicated with former President Donald Trump regarding his purchase of Twitter, with the CEO of Trump’s Truth Social platform saying media outlets misreported his statements. In response to a New York Post article published Friday, Musk wrote on Twitter that a claim that he…


Elon Musk’s Mother Criticizes NYT Article on Son’s ‘White Privilege’ Growing Up in South Africa

Maye Musk, the mother of Elon Musk, criticized a recent New York Times article targeting her son after it claimed that Musk grew up detached from apartheid-era atrocities in South Africa. Published Thursday, the NY Times alleged that Musk had “white privilege,” grew up in South Africa’s white communities, and was sheltered from the segregation…


Groups Funded by George Soros, Unions, European Governments Irked by Twitter Takeover

Elon Musk, the world’s wealthiest man, has become the target of left-wing organizations following his announcement of plans to buy out Twitter in order to foster free speech on the platform. Tesla CEO on May 3 called for an investigation into the groups that have urged businesses in a letter to boycott Twitter if Musk…


Musk’s Friends Provide Funding To Buy Twitter; Wall St Slumps Amid Volatile Trading | NTD Business

A Senate committee passes a bill to pressure the OPEC oil cartel. It could lead to U-S lawsuits over price collusion. Elon Musk calling for a probe into some far-left groups. They’re pressuring companies to boycott Twitter if Musk changes the rules for content moderation. Treasury Secretary Janet Yellen saying Biden’s pandemic spending did contribute…


Elon Musk and Cathie Wood Say Passive Investing Has Gone ‘Too Far’

Tesla chief Elon Musk and Ark Invest founder Cathie Wood touted the benefits of active portfolio management while taking aim at the rise of passive investing, with the duo arguing in a series of tweets that the passive trend has gone too far, leading to market distortions and weaker returns for investors. Musk waded into…


Elon Musk Raises $7 Billion Additional Funding for His Twitter Deal

Tech billionaire Elon Musk secured fresh financing from a group of investors including a Saudi Prince and Oracle co-founder Larry Ellison for his $44 billion buyout of Twitter, according to a new securities filing on Thursday. The world’s richest man received equity commitment letters from 19 investors, committing to pay $7.14 billion in cash or…


Elon Musk’s Brother Kimbal Met Ukraine Leaders To Discuss Rebuilding Projects ‘After The War’

Kimbal Musk, the billionaire brother of Tesla Inc and SpaceX CEO Elon Musk, held meetings with Ukraine’s Vice Prime Minister Mykhailo Fedorov and his team on Tuesday to discuss rebuilding projects once the war with Russia ends. What Happened Fedorov on Tuesday revealed he had an “inspiring meeting” to discuss the joint projects for the “after the…