Tag: Elon Musk

Twitter–Elon Musk Saga: What’s Next in the Takeover Battle?

Tesla CEO Elon Musk will have until Oct. 28 to finish his $44 billion acquisition of Twitter if he wishes to avoid a trial, a Delaware judge recently ruled. Twitter shares have rallied beyond $50 on the news, as investors anticipate that the takeover is nearing completion. If so, this would offer new traders roughly…


Elon Musk Launches ‘Burnt Hair’ Scented Perfume, Sells 10,000 Bottles

Tesla CEO Elon Musk has turned perfume salesman after unveiling his new fragrance: Burnt Hair. The billionaire businessman took to Twitter on Oct. 9 where he revealed that the new perfume from his Boring Company would be coming to markets soon, adding that it could be purchased using the Dogecoin cryptocurrency. Musk described the scent,…


Elon Musk Denies Claims He Recently Spoke to Putin

Tesla CEO Elon Musk denied claims that he spoke to Russian President Vladimir Putin before posting a Twitter poll on Oct. 3 suggesting that locals in parts of Ukraine want to be part of Russia. Ian Bremmer, president of the political risk research firm Eurasia Group, alleged that Musk spoke with Russian President Vladimir Putin before…


Here’s Why Kevin O’Leary Is Betting on Elon Musk Coming out on Top in Twitter Deal

Elon Musk has said he is ready to proceed with the Twitter Inc. takeover deal at $54.20 per share. Later, he asked the Twitter board to end all litigation before the deal closed. However, Twitter called Musk’s latest request to drop litigation an “invitation to further mischief and delay.” Twitter’s lawyer said in a letter…


Kevin O’Leary Is Betting on Elon Musk Coming out on Top in Twitter Deal

Elon Musk has said he is ready to proceed with the Twitter Inc. takeover deal at $54.20 per share. Later, he asked the Twitter board to end all litigation before the deal closed. However, Twitter called Musk’s latest request to drop litigation an “invitation to further mischief and delay.” Twitter’s lawyer said in a letter…


Taiwan: War With China ‘Absolutely Not an Option’

Taiwan is celebrating its National Day. Marking the occasion, the island’s president says a war between Taiwan and China is “absolutely not an option.” Elon Musk is offering a proposal: Taiwan hands over some control to Beijing, and becomes a “special administrative region” of China. But Taiwan says its freedom isn’t for sale. An update…


One in Six Chance of Worldwide Nuclear War: Physicist’s Post Goes Viral

With the Russia-Ukraine war still raging, physicist and cosmologist Max Tegmark has estimated the odds of global nuclear war in the near future at one in six, in an article and a social media post that went viral. The Swedish-American MIT professor made the prediction in an Oct. 8 post on LessWrong, a rationalist community…


Elon Musk Praised by Beijing, Draws Ire From Taipei for his Taiwan Proposal

After Elon Musk said Taiwan could be made into “a special administrative zone” under the Chinese regime’s control, he was praised by Beijing, but Taipei had a different response. Neither Taiwan nor any other country would accept a proposal to change a democratic country into a special administrative region of an authoritarian-led country  to benefit…


What Will Elon Musk Do With Twitter? Will Tesla, SpaceX Suffer? Analyst Weighs In Following Revived Deal

Tesla Inc. shares came under significant selling pressure last week, with CEO Elon Musk’s announcement to revive the Twitter Inc. deal partly to blame for the predicament. Longtime Tesla bull and Loup Funds’ Gene Munster offered his take on three key questions surrounding the deal. Almost A Done Deal Munster thinks there is a 90…


Elon Musk Says Taiwan Should Become ‘Special Administrative Zone’ Under China

Tesla CEO Elon Musk has sparked a flurry of critical reactions after telling the Financial Times that he thinks conflict over Taiwan is inevitable and the self-governed island should become a “special administrative region” under Beijing’s control, like Hong Kong but “more lenient.” Musk made the remarks in a Financial Times interview published on Oct….