Larry Ellison is narrowing the distance with Elon Musk in the race for the world’s richest person.
Oracle’s recent surge in stock prices has propelled co-founder Larry Ellison’s net worth sharply upward. This dramatic shift has positioned him as one of the richest people globally, surpassing Tesla CEO Elon Musk. After its latest revenue report, Oracle’s shares soared during after-hours trading, signaling strong sales and an optimistic outlook for its cloud business. […]
Elon Musk expresses support for Vice President JD Vance on imprisoning violent offenders.
Elon Musk and JD Vance on Violent Crime Elon Musk has voiced his agreement with Vice President JD Vance’s assertion that a significant portion of violent crimes are perpetrated by a relatively small group of individuals. Vance pointed out this point in a social media post, noting, “The big lie that Democrats spoke about violent […]
Elon Musk backs Conor McGregor for president of Ireland
Conor McGregor Pursues Presidential Bid in Ireland with Musk’s Support Conor McGregor seems to be making a serious push to run for a political position in Ireland, and notably, Elon Musk appears to be backing him. Back in March, McGregor stated his intention to pursue a role in government and, just last month, he encouraged […]
Tesla’s US market share falls to its lowest level since 2017 as Elon Musk shifts focus to robotaxis
Tesla’s Market Share Hits Low in August Tesla’s market share in the U.S. dropped to the lowest level in nearly eight years this August, as data from Cox Automotive indicates, which was shared only with Reuters. This decrease highlights the rising competition from other automakers who are ramping up incentives for electric vehicles (EVs) during […]
Why Tesla aims to turn Musk into a trillionaire
Tesla put forth a new proposal on Friday that might cement Elon Musk’s role as electric vehicle manufacturers strive to keep their CEOs anchored as the race for artificial intelligence (AI) intensifies. The proposal aims to allocate 423 million shares to Musk, potentially elevating Tesla’s market capitalization to a lofty $8.5 trillion if the company […]
SpaceX, led by Elon Musk, to spend $17B on wireless licenses from EchoStar
SpaceX to Acquire Wireless Spectrum License from Echostar for $17 Billion On Monday, it was announced that Elon Musk’s SpaceX has reached a $17 billion agreement with Echostar for a wireless spectrum license aimed at advancing the Starlink Satellite Network. The arrangement entails $8.5 billion in cash, along with an additional $8.5 billion in shares […]
Tesla Suggests Unmatched $1 Trillion Compensation Plan for Elon Musk
Tesla’s New Deal for Elon Musk Could Reach $1 Trillion Tesla is proposing an unprecedented compensation package for CEO Elon Musk, potentially totaling up to $1 trillion. This ambitious plan aims to secure Musk’s leadership at the electric vehicle company for many years ahead, with specific performance benchmarks that need to be met for him […]
Suggested Tesla compensation plan might lead to Musk becoming a trillionaire.
Tesla is looking to introduce a new compensation plan for CEO Elon Musk, who might still be the wealthiest person globally. This new package, set to be discussed at the annual shareholders meeting in November, proposes around 423 million shares contingent on hitting specified milestones over the next ten years. Based on Tesla’s current stock […]
Tesla proposes a $1 trillion compensation deal for Elon Musk
Tesla has revealed a groundbreaking pay plan for CEO Elon Musk that could total an astonishing $1 trillion. This 10-year strategy, made public in a proxy filing on Friday, links Musk’s compensation to a series of twelve specific goals. These targets include increasing Tesla’s market value over eightfold, ultimately hitting more than $8.5 trillion, alongside […]
Lawyer for Elon Musk to lead $200M Dogecoin fund: Report
Elon Musk’s New Venture with Dogecoin Elon Musk’s attorney, Alex Spiro, is set to lead a new public company focused on raising $200 million for Dogecoin investments, as reported by Fortune, citing sources familiar with the situation. This initiative, launched by the Dogecoin Foundation in early 2025, is being presented to investors as a Dogecoin […]