Elon Musk launches full $41bn Twitter takeover: ‘It has extraordinary potential – I will unlock it’ April 14, 2022 Elon Musk has offered to buy Twitter for $54.20 per share this morning as the drama surrounding the social media giant continues. According to regulatory filing, this price represents a 38 per cent premium to the closing price of Twitter’s stock on April 1, the day before the billionaire became the largest shareholder of the [...]
Elon Musk says he will pay $11bn in taxes this year December 20, 2021 Celebrity entrepreneur Elon Musk has said he will pay $11bn in taxes this year, an amount which could constitute the biggest contribution in history.
Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’ April 15, 2024 Tesla boss Elon Musk said: “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry."
Bluesky: After Mastodon and Threads, the latest challenger to X hits a million users on day one, but can it survive? February 8, 2024 Bluesky, a new rival to Elon Musk's X platform, has seen over one million new users since it opened yesterday.
Elon Musk’s empire on a roll: Tesla reaps record profits as The Boring Company raises £515m April 21, 2022 Elon Musk’s empire seems to be on a roll, as Tesla wins the hearts of drivers looking to go green and his infrastructure business The Boring Company catches the eyes of investors. The Boring Company has raised $675m (£516m) in its latest funding round, Musk announced today, bringing the valuation to $5.7bn. The series C [...]
Elon Musk is being allowed to ‘make the rules’ in space warns ESA December 5, 2021 The chief of the European Space Agency has warned that governments are allowing tech billionaire Musk to "make the rules" in space.
X, formerly known as Twitter, experiences global outage December 21, 2023 Billionaire Elon Musk took over the platform in a 44 billion dollar (£33.6 billion) deal last autumn.
Hostile Twitter takeover rumours grow as Elon Musk boasts he can grow stake ‘at any time’ April 12, 2022 The richest man in the world, Elon Musk, has fuelled rumours he will attempt a hostile takeover of Twitter, after saying he can boost his stake in the site “at any time”. The billionaire entrepreneur who runs Tesla and Space X became the social media giant’s main shareholder last week, but rejected an invitation to [...]
Elon Musk suggests firms may need to pay for Twitter, as senior MP asks him to appear before committee May 4, 2022 Twitter’s new owner Elon Musk has suggested businesses may have to start paying to use it. The richest man in the world who purchased the social media giant last month for $44bn, made the claim on Twitter on Wednesday. The Tesla boss wrote: “Twitter will always be free for casual users, but maybe a slight [...]
Elon Musk blasts chipmakers over ‘problematic’ supply October 6, 2021 Elon Musk has fired a broadside at two of the world’s largest chip manufacturers, accusing them of hampering production of Tesla’s electric cars. The boisterous billionaire said Tesla was “operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips”. He singled out Renesas and Bosch as the “most problematic by far”. Car manufacturers have [...]