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
May 28, 2022 11:31 AM ISTJohnny Depp has alleged Amber Heard and Elon Musk had an affair during their marriage.
May 27, 2022 11:02 PM IST 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.”
May 27, 2022 07:16 PM IST Egon Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal.
May 27, 2022 01:41 PM IST Elon Musk on Thursday asked his Twitter followers to vote on whom they trust less – politicians or billionaires.
May 27, 2022 01:01 PM IST 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.
May 26, 2022 05:10 PM IST 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.
May 26, 2022 02:34 PM IST Bill Gates had expressed apprehension regarding Musk's takeover of Twitter, saying he could potentially make the micro-blogging site a "worse" platform.
May 26, 2022 12:55 PM IST Dorsey did not stand for re-election to the board, formally ending his connection to the micro-blogging site he co-founded in 2006
May 26, 2022 06:44 AM IST 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.
May 26, 2022 06:02 AM IST 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.
May 25, 2022 03:48 PM IST 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.
May 25, 2022 01:01 PM IST Elon Musk has seven children -- twins Xavier and Griffin, triplets Kai, Saxon and Damina, X Æ A-Xii and his youngest, Y.
May 23, 2022 04:05 PM IST 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.
May 23, 2022 01:02 PM IST Elon Musk has admitted that he has a secret Instagram account.
May 22, 2022 05:01 PM IST 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.
May 22, 2022 03:48 PM IST YouTube co-founder Chad Hurley hit back with "Well, what should I name this horse?"
May 22, 2022 07:24 AM IST 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.
May 21, 2022 04:55 PM IST Qualcomm announces new mobile platforms, Vivo's flagship X80 series arrives in India, Google and Samsung team up, and more.
May 20, 2022 08:53 PM IST "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.
May 20, 2022 08:34 PM IST Elon Musk rejected on Thursday allegations that he groped and exposed himself to a flight attendant six years ago.
May 20, 2022 05:12 PM IST Elon Musk on Thursday dismissed allegations that he groped a flight attendant six years ago, later dubbing the scandal ‘Elongate’
May 20, 2022 08:21 AM IST 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.
May 20, 2022 07:15 AM IST 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.
May 20, 2022 06:28 AM IST 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.
May 19, 2022 05:34 PM IST A teenager who found Internet fame for tracking Elon Musk’s private jet now claims to have found Mark Zuckerberg’s private aircraft.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
