Elon Musk

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Well, X Is Worth a Whole Lot Less Than It Used to Be

Elon Musk paid $44B for the company formerly known as Twitter, which says it's now worth $19B

(Newser) - Elon Musk paid $44 billion to purchase Twitter a year ago. It's now valuing itself at about $19 billion, a 55% decrease from the amount he paid, according to stock grants handed out to employees Monday and shown to the New York Times . Musk has long said he overpaid....

X Usage Dives After Musk&#39;s First Year
X Users, Ads
Plunge Under Musk
Oct 26, 2023 6:10 PM CDT

X Users, Ads Plunge Under Musk

The new owner's personal posts are among the few bright spots

(Newser) - With a few exceptions—among them, traffic to Elon Musk's posts—the metrics on the first year of the rebranded Twitter under its new ownership are bad. That's true for the data on users and advertisers, reports Axios . The results indicate that Musk's plan to turn X...

Musk: X Is Implementing 'Not a Bot' Fee

CEO of former Twitter says new users in 2 nations are being charged $1 to tweet, retweet, like posts

(Newser) - If you've been fearing the day would come when X, the platform formerly known as Twitter, would start to charge regular non-blue-check people for the privilege of posting, that day has come, for some. Fortune reports that the social media site began hitting new users only—and just those...

There&#39;s More Weirdness in the Grimes-Elon Musk Relationship
Grimes-Musk Battle
Over Kids Heats Up
UPDATED
Oct 14, 2023 7:00 AM CDT

Grimes-Musk Battle Over Kids Heats Up

Singer wants Musk's Texas parental-rights complaint dropped, as she lives in California

(Newser) - The legal tussle over the three young children shared by Grimes and Elon Musk took a new turn last week, when the Canadian singer asked a judge in Texas to throw out the Tesla/SpaceX CEO's child custody complaint filed there. Grimes (legal name: Claire Boucher) said in her Oct....

News Headlines Are Disappearing on X

It's part of an effort to keep users scrolling, rather than clicking away

(Newser) - News outlets have another reason to dislike X . Headlines on news stories shared on the platform formerly known as Twitter are disappearing as part of owner Elon Musk's push to keep users from visiting external sites. Previously, when a link to a news article was shared, the lead image...

All the Problems With Isaacson's Musk Biography

Author was 'trying to write a Great Man book,' and it shows, argues Elizabeth Lopatto at the Verge

(Newser) - Walter Isaacson is an illustrious biographer who's probed the minds of Alfred Einstein, Benjamin Franklin, and Steve Jobs, to name a few. His latest 670-page biography of Elon Musk, however, is threatening the journalist's reputation for accuracy and fairness, as Elizabeth Lopatto contends at the Verge . She gives...

Now Elon Musk Is Weighing in on Migrants

Billionaire calls for 'greatly expanded legal immigration' during visit to southern border

(Newser) - Elon Musk has a foot in many industries. Now, he's dipping a toe in the immigration debate, offering his suggestions for how to address an influx of migrants reaching the US across the Rio Grande. The billionaire CEO of SpaceX and Tesla and owner of X traveled to the...

As Elections Approach, Musk's X Makes a 'Concerning' Move

Social media platform decides to nix feature that allows users to report political misinformation

(Newser) - Ahead of a big vote in Australia, not to mention the 2024 election in the US, the X social media site formerly known as Twitter is making a move that has some scratching their heads. Reuters reports the platform has disabled a feature that allows users to report election misinformation,...

Musk's Neuralink Is Ready for a Human Trial

Qualifying quadriplegics to take part in 6-year study of brain-computer interface

(Newser) - A few months after receiving FDA approval to launch human trials, Neuralink is looking for people willing to let an experimental robot stick an equally experimental device into their brain. Elon Musk's brain-implant startup is seeking people over the age of 22 with quadriplegia due to vertical spinal cord...

DOJ's Tesla Probe Goes Beyond Alleged Glass House for Musk

Prosecutors are looking at other perks the CEO may have received dating back to 2017

(Newser) - A Justice Department investigation exploring whether Tesla funds were used to build a proposed glass house for CEO Elon Musk is more wide-reaching than previously known and could result in criminal charges. Federal prosecutors in New York are not only investigating other potential personal benefits Tesla provided to the billionaire...

Musk Plans to Bring In 'Small Monthly Payment' for X

He says charge will defeat 'vast armies of bots'

(Newser) - X, the site that was formerly Twitter, may soon also be known as a site that was formerly free. CEO Elon Musk said Monday that the company is "moving to a small monthly payment for use of the X system," TechCrunch reports. He said it was the only...

Musk's Son Wasn't Impressed by Gift From Erdogan

Billionaire took boy to meeting with Turkey's president

(Newser) - Sunday was apparently Take Your Kid to Work Day for Elon Musk, who brought 3-year-old son X to a meeting with Turkish President Recep Tayyip Erdogan in New York City on Sunday. Erdogan offered the boy a soccer ball as a gift, though X seemed "unimpressed" with the present,...

Elon Musk, Grimes Have Another Surprise

Twitter CEO has secret third child with singer named Tau Techno Mechanicus (or some variation)

(Newser) - Over the weekend, the New York Times reviewed Walter Isaacson's upcoming biography of Elon Musk, which revealed the SpaceX/Tesla/Twitter CEO's role in switching off the Starlink communications network near Crimea last year as Ukraine prepared to attack Russian forces. Buried within the Times article, however, was an interesting...

Book: Musk Blocked Drone Attack by Ukraine

Walter Isaacson reveals SpaceX CEO's role in turning off Starlink network near Crimea in 2022

(Newser) - Earlier this year, SpaceX execs acknowledged that they blocked Ukrainian forces from using Starlink communications systems for military purposes in the war against Russia. Now, CNN reports that SpaceX CEO Elon Musk personally had his engineers cut off power last year—the exact date isn't clear—to a Starlink...

Elon Musk: Starship Is Ready for Launch. FAA: Not So Fast

Agency says investigation into disastrous first launch is still open

(Newser) - More than four months after the most powerful rocket ever created exploded soon after liftoff , SpaceX is ready to try again. The company has stacked its Starship rocket on top of a Super Heavy booster at its launch pad in Boca Chica in southern Texas. "Starship is ready to...

SpaceX Loaned Elon Musk $1B Around the Time He Bought Twitter

Though it's not clear what the loan was for

(Newser) - In October, the same month Elon Musk was acquiring Twitter, he took out what the Wall Street Journal describes as an "unusual" $1 billion loan from SpaceX. The following month, he paid it back in full, plus interest. It's not clear what the loan was for, and Musk...

Elon Musk: Anti-Defamation League Cost X $22B

He says the site formerly known as Twitter might sue the ADL

(Newser) - In an apparently unprompted tweet Monday, Elon Musk blamed the Anti-Defamation League for costing X, the social networking site formerly known as Twitter, $22 billion. One of the tweets , all of which came "seemingly out of the blue" according to NBC News , read, "To clear our platform's...

Report: Feds Are Investigating Tesla's Secret 'Project 42'

Sources tell 'Wall Street Journal' that project was described as a glass house for Elon Musk

(Newser) - Federal prosecutors in New York and the Securities and Exchange Commission are looking into a secret Tesla project known internally as "Project 42," sources tell the Wall Street Journal . The Journal reported last month that the project was described internally as a glass-walled house for CEO Elon Musk...

There Is Little Precedent for Elon Musk's World Sway

Ronan Farrow suggests in 'New Yorker' that he has what amounts to 'shadow rule' in US government

(Newser) - "The meddling of oligarchs and other monied interests in the fate of nations is not new," observes Ronan Farrow in the New Yorker . But Elon Musk is in a league of his own, he adds. Farrow's deep dive into Musk's life and career begins with a...

US Sues SpaceX, Which Elon Musk Says Is 'Insane'

Department of Justice alleges hiring discrimination

(Newser) - The US Department of Justice on Thursday sued SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people granted asylum, the AP reports. The complaint, filed in an administrative court within the department, asserts that SpaceX wrongly claimed that federal export control...

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