Trump transition team seeks to scrap car-crash reporting rule opposed by Elon Musk’s Tesla
Trump's transition team is asking the incoming administration to rescind car accident reporting requirements opposed by Elon Musk's Tesla, a move seen by Reuters. could cripple the government's ability to investigate and regulate system. Mr. Musk, the world's richest man, spent more than $250 million to help Mr. Trump be elected president in November. Removing […]
Elon Musk’s six major conflicts of interest with the federal government | US news
The Federal Advisory Committee Act clearly states that advisory committees, such as Elon Musk's Department of Government Efficiency, must ensure their recommendations are not biased by special interests. . But as the richest man on the planet, Musk has the widest and deepest potential conflicts of interest with the federal government that he has probably […]
Elon Musk’s net worth passes $400 billion for first time in history
On Wednesday, the world's richest man, Elon Musk, reached a net worth of $400 billion for the first time, according to the Bloomberg Billionaires Index. Shares in Musk's electric car company Tesla have soared in recent months, hitting an all-time high of $424.88 per share on Wednesday and closing at an all-time high of $424.77. […]
Elon Musk’s xAI Raises $6 Billion in Latest Funding Round as Valuation Soars Above $40 Billion
Elon Musk's artificial intelligence startup xAI has secured $6 billion in new capital, closing a funding round that values the company at more than $40 billion. bloomberg report Elon Musk's artificial intelligence venture xAI has raised an additional $6 billion from investors in a major milestone, according to a recent regulatory filing with the SEC. […]
Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up
Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]
Joe Rogan and Elon Musk’s hilarious response after ABC boss called Rogan ‘repulsive’
Podcaster Joe Rogan was the subject of a scathing attack this week by ABC Australia chairman Kim Williams. Despite admitting to … source
Concerns mount over Musk’s taste for revenge
Elon Musk has become more critical of President-elect Trump's opponents and industry competitors, raising concerns that he will use his growing influence to intimidate opponents. . Those concerns have been amplified by Trump's repeated vows of revenge against his perceived enemies, with experts predicting that Musk will repeat the same remarks on his social media […]
OpenAI’s Sam Altman ‘not that worried’ about Elon Musk’s influence on Trump
Sam Altman, CEO of OpenAI, which is in a legal dispute with rival Elon Musk, said he is “not really worried” about Musk's influence in the incoming Trump administration. Altman told the New York Times on Wednesday that he strongly believes Musk will do the right thing, even though he “might turn out to be […]
Delaware Judge Upholds Ruling that Voids Elon Musk’s $56 Billion Tesla Pay Package
Tesla CEO Elon Musk received a record $56 billion payout in 2018 after a Delaware judge upheld a previous ruling that the compensation plan was improperly awarded. lost its bid to restore its remuneration package. CNBC report In a significant setback for Tesla CEO Elon Musk, Chancellor Kathleen McCormick of the Delaware Court of Chancery […]
Elon Musk’s SpaceX could be valued at $350B in sale of insider shares
Elon Musk's SpaceX is reportedly considering buying an insider stake that would value the rocket company at about $350 billion. A tender offer, in which employees and early investors could sell their shares at a specific time and price, would see SpaceX's value rise rapidly. Musk's company was valued at about $210 billion after a […]