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elon musk

Elon Musk is the CEO and founder of electric vehicle (EV) car maker Tesla and private space technology major SpaceX. He is the richest men in the world, after Tesla stock zoomed during the COVID-19 pandemic. Musk's personal net worth reached more than $188.5 billion, past Amazon.com Inc.’s top boss Jeff Bezos in January, Bloomberg News reported. He has a 20 percent stake in the carmaker and about $42 billion of unrealized paper gains on vested stock options. Musk, who co-founded and sold Internet payments company PayPal Holdings Inc., now leads some of the most futuristic companies in the world. Besides Tesla, he heads SpaceX and Neuralink, a startup that is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers. He set up the Boring Company to make affordable tunnels below busy city streets for an all-electric public transportation system to avoid the nasty traffic jams in US cities. Another of Musk's pet ventures is Starlink. In August, Elon Musk announced SpaceX has shipped 1 lakh Starlink terminals so far. Starlink plans to deploy thousands of low-orbit satellites to provide high-speed internet to isolated and poorly connected areas. The billionaire entrepreneur is also known for his crypto endorsements. He reiterated holdings in Bitcoin, Ethereum and Dogecoin, and closely watches the cryptocurrency space and tweets his observations regularly. More

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  • Elon Musk has a wish for Johnny Depp, Amber Heard: 'Hope they both move on' May 28, 2022 11:31 AM IST

    Elon Musk has a wish for Johnny Depp, Amber Heard: 'Hope they both move on'

    Johnny Depp has alleged Amber Heard and Elon Musk had an affair during their marriage.

  • Elon Musk reveals Tesla’s India plans in tweet. Here’s what he said May 27, 2022 11:02 PM IST

    Elon Musk reveals Tesla’s India plans in tweet. Here’s what he said

    Responding to a tweet asking whether a Tesla manufacturing plant is coming up in India in the future, Elon Musk said: “Tesla will not put a manufacturing plant in any location where we are not allowed first to sell and service cars.”

  • Twitter rejects Elon Musk ally's resignation from board May 27, 2022 07:16 PM IST

    Twitter rejects Elon Musk ally's resignation from board

    Egon Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal.

  • Elon Musk dares Alexandria Ocasio-Cortez to run ‘politicians vs billionaires’ poll on Twitter May 27, 2022 01:41 PM IST

    Elon Musk dares Alexandria Ocasio-Cortez to run ‘politicians vs billionaires’ poll on Twitter

    Elon Musk on Thursday asked his Twitter followers to vote on whom they trust less – politicians or billionaires.

  • 'I'm a fan': Elon Musk's praise as Jack Dorsey steps down from Twitter board May 27, 2022 01:01 PM IST

    'I'm a fan': Elon Musk's praise as Jack Dorsey steps down from Twitter board

    Jack Dorsey did not opt for re-election to the Twitter board ending his connection to the social media giant he co-founded in 2006.

  • Jack Dorsey accused of ‘backstabbing’ Twitter board by helping Elon Musk May 26, 2022 05:10 PM IST

    Jack Dorsey accused of ‘backstabbing’ Twitter board by helping Elon Musk

    Meanwhile, Dorsey did not stand for re-election to the board in a meeting on May 25, formally ending his connection to the micro-blogging site he co-founded in 2006.

  • 'D**k move': Elon Musk renews feud with Bill Gates. This time over Twitter deal May 26, 2022 02:34 PM IST

    'D**k move': Elon Musk renews feud with Bill Gates. This time over Twitter deal

    Bill Gates had expressed apprehension regarding Musk's takeover of Twitter, saying he could potentially make the micro-blogging site a "worse" platform.

  • Jack Dorsey ejects from Twitter board as Elon Musk eyes takeover May 26, 2022 12:55 PM IST

    Jack Dorsey ejects from Twitter board as Elon Musk eyes takeover

    Dorsey did not stand for re-election to the board, formally ending his connection to the micro-blogging site he co-founded in 2006

  • Elon Musk’s revised Twitter bid drops margin loan, requires more cash May 26, 2022 06:44 AM IST

    Elon Musk’s revised Twitter bid drops margin loan, requires more cash

    Elon Musk will provide an additional $6.25 billion in equity financing for the $44 billion buyout, according to a regulatory filing Wednesday. That’s enough to eliminate the margin loan of the same size, which had already been reduced earlier this month.

  • Elon Musk pledges more equity to fund Twitter deal, scraps margin loan May 26, 2022 06:02 AM IST

    Elon Musk pledges more equity to fund Twitter deal, scraps margin loan

    The disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked its progress to Twitter presenting proof that spam bots accounted for less than 5% of the total users.

  • Twitter to hold annual meeting today amid Elon Musk's uncertainty May 25, 2022 03:48 PM IST

    Twitter to hold annual meeting today amid Elon Musk's uncertainty

    The Tesla chief executive tweeted on May 13 that the $44 billion acquisition was ”temporarily on hold” while he sought more information about the proportion of fake accounts on Twitter.

  • Elon Musk says he's a 'rare exception' as a rich person with several kids May 25, 2022 01:01 PM IST

    Elon Musk says he's a 'rare exception' as a rich person with several kids

    Elon Musk has seven children -- twins Xavier and Griffin, triplets Kai, Saxon and Damina, X Æ A-Xii and his youngest, Y.

  • Explained | Do claims against Elon Musk raise a legal issue for his companies and Twitter deal? May 23, 2022 04:05 PM IST

    Explained | Do claims against Elon Musk raise a legal issue for his companies and Twitter deal?

    A report saying Tesla Inc CEO Elon Musk's company SpaceX paid $250,000 to settle sexual harassment claims by a flight attendant on a private jet comes as he eyes a takeover of Twitter.

  • Elon Musk admits he has a secret Instagram account. He uses it for this purpose May 23, 2022 01:02 PM IST

    Elon Musk admits he has a secret Instagram account. He uses it for this purpose

    Elon Musk has admitted that he has a secret Instagram account.

  • What's US politics got to do with Elon Musk's $44 billion Twitter offer? May 22, 2022 05:01 PM IST

    What's US politics got to do with Elon Musk's $44 billion Twitter offer?

    The Biden administration has never seemed to like Elon Musk. One reason could be that Biden has been calling for higher taxes to be paid by the super-rich and Musk is the richest man in the world.

  • Elon Musk tells YouTube co-founder: 'If you touch my wiener, you can have a horse' May 22, 2022 03:48 PM IST

    Elon Musk tells YouTube co-founder: 'If you touch my wiener, you can have a horse'

    YouTube co-founder Chad Hurley hit back with "Well, what should I name this horse?"

  • The funniest responses to Elon Musk Tesla’s job ad on Twitter May 22, 2022 07:24 AM IST

    The funniest responses to Elon Musk Tesla’s job ad on Twitter

    Elon Musk tweeted on May 21 that Tesla was looking to build a litigation department to initiate and execute lawsuits. Twitter users pitched themselves for the job in the most hilarious manner.

  • The Tech Weekender: Top news from the world of technology this week May 21, 2022 04:55 PM IST

    The Tech Weekender: Top news from the world of technology this week

    Qualcomm announces new mobile platforms, Vivo's flagship X80 series arrives in India, Google and Samsung team up, and more.

  • Elon Musk visits Brazil's Bolsonaro to discuss Amazon plans May 20, 2022 08:53 PM IST

    Elon Musk visits Brazil's Bolsonaro to discuss Amazon plans

    "Super excited to be in Brazil for the launch of Starlink for 19,000 unconnected schools in rural areas & environmental monitoring of Amazon," Elon Musk tweeted Friday morning.

  • Elon Musk’s ‘challenge to liar’ after sexual misconduct allegation May 20, 2022 08:34 PM IST

    Elon Musk’s ‘challenge to liar’ after sexual misconduct allegation

    Elon Musk rejected on Thursday allegations that he groped and exposed himself to a flight attendant six years ago.

  • Elongate: Musk's blast-from-the past name for his sexual misconduct scandal May 20, 2022 05:12 PM IST

    Elongate: Musk's blast-from-the past name for his sexual misconduct scandal

    Elon Musk on Thursday dismissed allegations that he groped a flight attendant six years ago, later dubbing the scandal ‘Elongate’

  • Elon Musk sexually harassed a flight attendant in 2016, alleges report. His response May 20, 2022 08:21 AM IST

    Elon Musk sexually harassed a flight attendant in 2016, alleges report. His response

    According to an Insider report, the complainant, a contractual SpaceX employee, was offered $250,000 in exchange for an assurance that she will not sue the company.

  • Elon Musk’s Twitter deal proceeding, not 'on hold', Executives tell staff May 20, 2022 07:15 AM IST

    Elon Musk’s Twitter deal proceeding, not 'on hold', Executives tell staff

    Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” according to people who attended the meeting. She was pushing back on claims from Elon Musk over the past week that he is pausing the deal while he learns more about the number of bots and spam accounts on the social-media service.

  • Elon Musk says 'Tesla is on my mind 24/7' amid concerns about Twitter distraction May 20, 2022 06:28 AM IST

    Elon Musk says 'Tesla is on my mind 24/7' amid concerns about Twitter distraction

    Tesla shares have lost one third of their value since the billionaire disclosed his stake in Twitter in early April and sold $8.5 billion worth of Tesla stocks in a move seen to help finance his $44-billion Twitter deal.

  • Teen who tracks Musk’s jet now claims to have found Zuckerberg’s private plane May 19, 2022 05:34 PM IST

    Teen who tracks Musk’s jet now claims to have found Zuckerberg’s private plane

    A teenager who found Internet fame for tracking Elon Musk’s private jet now claims to have found Mark Zuckerberg’s private aircraft.

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