Elon Musk’s Twitter antics pushes Tesla’s $23m loss in Bitcoin assets July 27, 2021 Tesla’s lofty revenue, which surpassed analyst expectations today, has been offset by a $23m loss over Bitcoin which pushed the electric carmaker to dial back its investments. Elon Musk’s carmaker did not buy or sell any digital assets in its second quarter, as it dialled back investments after purchasing some $1.5bn in Bitcoin in the [...]
Elon Musk ‘ready’ to pump staggering $30bn in Starlink’s satellite internet venture June 30, 2021 Elon Musk said late last night that his Starlink venture was “growing rapidly” as he forecast total investment costs in the satellite internet business at between $20bn and $30bn. Watch the full report.
Elon Musk’s Tesla beats expectations on record deliveries April 26, 2021 Tesla has reported a record quarterly profit, beating Wall Street estimates after a huge rise in deliveries in the three months to March. Total revenue soared 74 per cent year-on-year to $10.39bn in the first quarter, generating a $438m net profit. Tesla said this was primarily achieved through “substantial growth” in vehicle deliveries. The auto [...]
Shark bait: Elon Musk tweet sends Baby Shark shares soaring June 2, 2021 Shares in a major investor in the company behind Baby Shark soared today after Elon Musk took to Twitter to say the viral kids’ song “crushes all”. Samsung Publishing saw its shares climb as much as 10 per cent following the tweet to their highest level in more than a month. The South Korean company [...]
BT sets sights on Elon Musk’s SpaceX after Oneweb satellite deal July 14, 2021 BT is eyeing up a deal with Elon Musk’s SpaceX as the telecoms giant looks to adopt satellite technology to roll out the UK’s next-generation broadband network. The blue-chip group has already inked an agreement with British firm Oneweb to explore how satellites could be used to beam internet services to rural areas that are [...]
Will Elon Musk’s Tesla payment announcement trigger Bitcoin rise? March 24, 2021 Crypto AM Daily asks if Elon Musk's announcement that Tesla cars can now be bought with Bitcoin will trigger a crypto rise?
Elon Musk teases with Bitcoin tweets again… but the markets aren’t buying it May 24, 2021 Serial crypto meddler Elon Musk offered up an olive branch to Bitcoin tonight as he hinted about helping to solve cryptocurrency's environmental impact problems.
Twitter shares to be suspended as Musk closes in on takeover October 27, 2022 Twitter shares are set to be suspended from trading on the New York Stock Exchange tomorrow as Elon Musk closes in on a takeover of the firm after months of wrangling.
Twitter shares halted as Musk ready to buy for original price October 4, 2022 Twitter shares have been suspended following a report that Elon Musk is proposing to buy Twitter for the original offer price of $54.20 a share.
Space race: Elon Musk and Jeff Bezos go head to head April 27, 2021 The space race between the world’s two richest men catapulted into hyperdrive today.