Elon Musk

Stories 41 - 60 | << Prev   Next >>

X Has Dropped 80% of Value Since Musk Bought It: Report

Investment firm Fidelity's shares of social media site were worth nearly $20M in October '22; now, around $4.2M

(Newser) - When Elon Musk bought the former Twitter in October 2022 for $44 billion, the investment firm Fidelity held some $19.66 million worth of shares. Now, two years later, there's been a bit of a shift—and not in Musk's favor. TechCrunch reports that Fidelity's latest valuation...

Musk Loses Democrats as He Tilts GOP

Poll shows billionaire CEO has the approval ratings of 'a typical national Republican politician'

(Newser) - Popular views of Elon Musk have become more polarized since the billionaire became a vocal supporter of Donald Trump specifically and Republican politics generally, a new poll shows. Such a split, with members of one party overwhelmingly backing someone who's overwhelmingly opposed by the other party, is not unusual...

X Got 67M Hate Reports, Penalized 2K Accounts
X Got 67M Hate Reports,
Penalized 2K Accounts
THE RUNDOWN
Sep 25, 2024 1:06 PM CDT

X Got 67M Hate Reports, Penalized 2K Accounts

Platform's first transparency report under owner Elon Musk released Wednesday

(Newser) - Before Elon Musk took over Twitter, the platform released a transparency report every six months. Only now, two years after Musk's October 2022 takeover, has the platform now known as X released its first such report under its billionaire owner. At 15 pages, Wednesday's Global Transparency Report is...

Elon Musk's Supercomputer in Memphis Worries Locals

NPR looks at how the energy-hungry plant caught even government officials by surprise

(Newser) - Stored in a building the size of 13 football fields, a supercomputer built to propel Elon Musk's artificial-intelligence enterprise dubbed xAI has flipped the "on" switch in South Memphis, Tennessee. But residents, environmental agencies, and some City Council members say they didn't know it was coming. "...

Cards Against Humanity Files $15M Suit Against SpaceX

Company says Elon Musk's spacecraft firm trespassed on 'pristine' Texas plot, caused damage

(Newser) - Cards Against Humanity is known for its politically incorrect playing cards, but the company is now itself offended about something not related to gameplay. NBC News reports that CAH filed a lawsuit this week against Elon Musk's SpaceX, claiming that the spacecraft maker has been trespassing (and mucking up)...

Warlord Says Musk Pulled the Plug on His Cybertruck

'That's not manly,' Ramzan Kadyrov posts

(Newser) - A Chechen warlord was pleased with the battlefield performance of his Tesla Cybertruck, which he had outfitted with an aftermarket machine gun turret, and bragged on it last month. Ramzan Kadyrov said the reason the vehicle had to be towed off the front lines wasn't mechanical failure; he wrote...

Musk's Deleted Tweet Catches Attention of Secret Service

He made what he called a joke about the lack of assassination attempts on Democrats

(Newser) - Elon Musk says it was merely a joke that didn't land , but a tweet he deleted has nonetheless caught the attention of the Secret Service, reports Reuters . In the wake of the apparent attempted assassination attempt on Donald Trump Sunday, Musk wrote, "And no one is even trying...

Elon Musk Deletes Tweet About Assassinations

Post mused about how nobody has tried to kill President Biden or VP Kamala Harris

(Newser) - After news broke Sunday about an apparent assassination attempt on Donald Trump in Florida, Elon Musk responded in controversial fashion with a tweet that has since been deleted. Responding to a user who asked, "Why they want to kill Donald Trump?" Musk responded: "And no one is even...

Musk's Solution for Taylor Swift: 'I Will Give You a Child'

Billionaire addresses pop star's 'childless cat lady' status after she endorses Kamala Harris

(Newser) - Billionaire Elon Musk, father of at least 12 children, responded to Taylor Swift's endorsement of Kamala Harris early Wednesday by offering to give her a child. Swift had signed her Instagram post as a "Childless Cat Lady," embracing the label directed at Harris by Republican VP candidate...

Musk: SpaceX Is Prepping for 2026 Mars Landings

And if those go well, manned launches in 2028, he says of planned Starship missions

(Newser) - Elon Musk's long-held dream for his SpaceX spacecraft to make it to Mars appears to be ever closer to coming to fruition, at least according to Musk. In a weekend post on X , the social media platform he owns, Musk noted that "the first Starships to Mars will...

Elon Musk on Track to Be World's First Trillionaire by 2027

Followed fairly quickly by a bunch of others

(Newser) - Elon Musk, currently the world's richest person per the Bloomberg Billionaires Index , might soon be the world's first trillionaire. According to a new report from wealth-tracking group Informa Connect Academy, Musk is on track to enter what it calls the "Trillion Dollar Club" in 2027, thanks to...

Trump: Musk Will Lead Commission on 'Drastic Reforms'

He says he's backing Musk's call for a 'government efficiency commission'

(Newser) - If Donald Trump wins the election, he will have a big job for Elon Musk. In a speech at the Economic Club of New York on Thursday, Trump said Musk will lead a commission that will save "trillions of dollars" in government spending. "I will create a government...

Starlink Backtracks on Refusal to Comply With X Ban

But company says it will continue to fight Brazil judge's order

(Newser) - Elon Musk's satellite-based internet service provider Starlink backtracked Tuesday and said it will comply with a Brazilian Supreme Court justice's order to block the billionaire's social media platform, X, the AP reports. Starlink said in a statement posted on X that it will heed the judge's...

Justice Fighting Musk Orders X Blocked in Brazil

Ruling says platform encourages posts with 'extremism, hate speech and anti-democratic discourse'

(Newser) - A Brazilian Supreme Court justice on Friday ordered the suspension of Elon Musk's social media giant X in Brazil after the tech billionaire refused to name a legal representative in the country, according to a copy of his decision. The move escalates the monthslong feud between the two men...

Musk's Feud With Brazil Enters Threat Territory

Nation's high court gives him 24 hours to appoint a legal rep to avoid seeing X suspended there

(Newser) - The clock is ticking for Elon Musk, at least as it pertains to keeping his X social media platform functioning in Brazil. That's because the South American nation's Supreme Court has given the billionaire 24 hours to appoint a legal representative for X in Brazil, or risk seeing...

These 4 Will Have to Wait a Bit Longer for Historic Mission
SpaceX Postpones
Historic Mission Again
THE RUNDOWN
Aug 28, 2024 8:41 AM CDT

SpaceX Postpones Historic Mission Again

Weather delays SpaceX's Polaris Dawn expedition, to feature first spacewalk ever by private citizens

(Newser) - A civilian quartet was set to blast off into space from Florida on Wednesday morning, on their way to the first spacewalk ever by private citizens, but that mission has now been postponed. The BBC reports that Elon Musk's SpaceX, just hours before liftoff, cited "unfavorable weather forecasted"...

As Requested, X Makes a Change on Election Answers

State officials had pressured platform over AI chatbot responses

(Newser) - After pressure from elected officials, X has made a change to its AI chatbot to limit the spread of election misinformation. Five secretaries of state had asked that it instead direct users with campaign questions to CanIVote.org , which is operated by the National Association of Secretaries of State. Before...

Musk Starts to Foreclose on Gene Wilder's House

Billionaire who lent $6.7M to buyer is now moving to foreclose on the property

(Newser) - When Elon Musk announced he was selling his homes in 2020, he had one stipulation for the longtime residence of the late actor Gene Wilder: "It cannot be torn down or lose any [of] its soul." The 2,800-square-foot home overlooking the Bel-Air Country Club, purchased by Wilder...

Banks' Deal With Elon Musk Is Worst Since 2008 Crisis

WSJ : Big institutions have not been able to offload the debt as planned

(Newser) - A number of big banks loaned Elon Musk $13 billion to buy what was then Twitter in 2022. Two years later, the Wall Street Journal reports that it now ranks as the worst such deal for banks since the 2008 financial crisis—and one of the worst of all time....

Report: Advertising Is Way Down at X

Analysts say Musk might have to sell Tesla shares to keep platform afloat

(Newser) - Elon Musk apparently hasn't had much success luring advertisers back to X. Quartz reports that according to MediaRadar, a company that tracks ad spending, advertising on the platform in the first half of this year is down 24% year-on-year. Advertisers reportedly spent around $744 million on the platform in...

Stories 41 - 60 | << Prev   Next >>