Category: Musks

  • Musk’s D.O.G.E Goes Live – 5 Presales Set to 100x This Year

    Despite being hit with three lawsuits within minutes of Trump reclaiming the presidency, Elon Musk’s Department of Government Efficiency (DOGE) is officially up and running. He draws attention to these five pre-sales set at 100x. DOGE aims to reduce the federal budget by $2 trillion through actions such as downsizing…

  • Crypto Trader Nets 17,000% After Elon Musk’s X Name Change

    This article is also available in Spanish. Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, has shaken up the cryptocurrency market once again with a simple name change on his X account. This time, Musk renamed his official profile to “Kekius Maximus” and replaced his avatar with…

  • Musk’s Trump Trade Makes Tesla a Winner With $570 Billion Rally

    Breadcrumb links BMN Business Less than two months ago, shares of Tesla Inc. It’s on track for only its third year of loss in a decade and a half for the electric automaker as a public company. But after a violent rally in the past seven weeks, the stock is…

  • Elon Musk’s Starlink set to transform rural UK connectivity as satellite race heats up

    When Olivia Lott left her job in London to move to a village in rural Devon, she expected a quieter pace of life – but not the almost complete absence of mobile reception. With patchy phone signals forcing her to climb hillsides just to make a call, Lotte eventually resorted…

  • A judge has once again rejected Musk’s multi-billion-dollar Tesla pay package. Now what?

    Breadcrumb links PMN BMN Business Article writer: Associated Press Tom Kreacher Published on December 3, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Tesla CEO Elon Musk speaks at the “Cyber ​​Rodeo” grand…

  • Delaware judge rejects request to restore Musk’s $56 billion Tesla pay

    Written by Tom Hulse and Jonathan Stemple WILMINGTON, Del. (Reuters) – A Delaware judge ruled on Monday that Tesla CEO Elon Musk is still not entitled to a $56 billion compensation package despite the electric car company’s shareholders voting to reinstate it. The ruling by the judge, Counsel Kathleen McCormick…

  • Elon Musk’s X and xAI startup see valuations jump at Fidelity

    After repeatedly downgrading its investment in Elon Musk’s X, Fidelity last month boosted its estimates for the social media platform. The sources told Axios. October saw a 32.37% jump in X’s valuation, representing the largest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, the report…

  • Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian

    Vivek Ramaswamy, a government efficiency aide appointed by Donald Trump, has signaled his intention to scrutinize the loan the Biden administration granted to electric vehicle manufacturer Rivian, a Tesla competitor. Ramaswamy, founder of several biotechnology companies known collectively as “Vans“, is set to take charge of the quasi-official Department of…

  • Inside the plans for Elon Musk’s new private pre-school in Texas, which just got a permit to open

    Elon Musk’s pre-K Montessori school in Texas can now open its doors. The school, which has been in the works since last year, received its initial permit from the Texas Child Care Regulatory Commission on Thursday, according to the agency, paving the way for Elon Musk to begin building ambitious…

  • How Elon Musk’s $130 million investment in Trump’s victory could reap a huge pay off for Tesla and the rest of his business empire

    Donald Trump’s election night speech to the country confirmed that one of the evening’s biggest winners — in addition to himself — was Elon Musk. Trump spent much of his choppy victory speech thanking Musk, who recently spent more than $130 million and a lot of time and tweets to…

  • Musk’s Trump Rally Revelation Sparks 15% Dogecoin Spike

    This article is also available in Spanish. Investors were excited as Dogecoin saw a huge price surge making it the best-performing cryptocurrency in the past 24 hours following a massive campaign rally for presidential candidate Donald Trump. The price of Dogecoin surged after it was revealed that the Tesla CEO…

  • Musk’s Trump Rally Revelation Sparks 15% Dogecoin Spike

    This article is also available in Spanish. Investors were excited as Dogecoin saw a huge price surge making it the best-performing cryptocurrency in the past 24 hours following a massive campaign rally for presidential candidate Donald Trump. The price of Dogecoin surged after it was revealed that the Tesla CEO…

  • Tesla stock sinks 7% after Elon Musk’s robotaxi reveal disappoints investors

    Tesla (TSLA) The stock fell during morning trading on Friday, after The long-awaited unveiling of the Robotaxi Failed to convince investors. Shares of the electric car maker were down about 7.5% on Friday morning after falling about 6% during pre-market trading. Its shares closed down about 1% on Thursday before…

  • Tesla stock sinks 7% after Elon Musk’s robotaxi reveal disappoints investors

    Tesla (TSLA) The stock fell during morning trading on Friday, after The long-awaited unveiling of the Robotaxi Failed to convince investors. Shares of the electric car maker were down about 7.5% on Friday morning after falling about 6% during pre-market trading. Its shares closed down about 1% on Thursday before…

  • Musk’s xAI in talks for share in future Tesla revenue, WSJ reports By Reuters

    (Reuters) – Elon Musk’s artificial intelligence company XAI has held talks about a stake in Tesla’s future revenue in exchange for giving Musk’s electric carmaker access to XAI’s technology and resources, the Wall Street Journal reported on Saturday. Tesla will license xAI’s AI models to help power its full self-driving…

  • Brazil watchdog moves to block access to Elon Musk’s X after court order By Reuters

    Written by Lisandra Paraguaso, Luana Maria Benedetto and Ricardo Brito SAO PAULO/BRASILIA (Reuters) – Brazil’s telecommunications regulator said on Friday it will continue to suspend access to Elon Musk’s social media network X in the country in compliance with an order from a judge embroiled in a months-long dispute with…

  • Musk’s SpaceX testing breakthrough tech in risky spacewalk By Reuters

    Written by Joy Roulette WASHINGTON (Reuters) – SpaceX’s attempt to conduct the first-ever private spacewalk next week will test groundbreaking equipment including thin spacesuits and a cabin without an airlock in one of the riskiest missions yet for Elon Musk’s space company. A billionaire businessman, a retired military fighter pilot…

  • Elon Musk’s said his chat with Trump on X was delayed due to a massive hack

    The long-awaited interview between Elon Musk and former President Donald Trump was hit by technical issues on Monday, with people unable to join the audio chat on X’s Spaces platform. Eighteen minutes into the conversation, which was supposed to start at 8 p.m. ET, Musk posted on X that the…

  • Elon Musk’s said his chat with Trump on X was delayed due to a massive hack

    The long-awaited interview between Elon Musk and former President Donald Trump was hit by technical issues on Monday, with people unable to join the audio chat on X’s Spaces platform. Eighteen minutes into the conversation, which was supposed to start at 8 p.m. ET, Musk posted on X that the…

  • German drugstore chain shuns Teslas over Musk’s support for Trump By Reuters

    FRANKFURT (Reuters) – German drugstore chain Rossmann said on Tuesday it would no longer buy Tesla cars for its corporate fleet because of Chief Executive Elon Musk’s support for U.S. Republican presidential candidate Donald Trump. The pharmacy chain, one of Europe’s largest, said its decision took immediate effect and was…