Elon Musk ditches margin loan from Twitter offer, making it a little less risky

Photo by Paul Hennessy/NurPhoto | Illustration by Forbes Elon Musk ditched one of the riskiest components behind his $44 billion Twitter bid, a move you might read as a smart move given that one-way markets have moved over the past few weeks: towards down, down, down. Musk has dropped a plan to take out a … Read more

Twitter jumps after Musk raises pledge offer to $33.5 billion

Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, United States, Thursday, October 10, 2019. Bloomberg/Getty A new filing reveals that Elon Musk plans to invest $33.5 billion in his attempted takeover of Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey and others to help fund or renew … Read more

5 things to know before the stock market opens on Tuesday 24 May

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to return part of Monday’s stimulus rally A screen displays the Fed’s rate announcement as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New York, U.S., … Read more

Elon Musk takes the time not to buy Twitter so he doesn’t start his own law firm

(Photo by Theo Wargo/Getty Images for TIME) When Elon Musk first announced that he was planning to buy Twitter, I told people that wasn’t going to happen. Within the first 48 hours, he was violating the terms of the agreement by publicly criticizing the company and its general counsel. Now it is spreading exclusive information … Read more

Elon Musk posts Tesla job ad on Twitter and receives hilarious responses

Tesla is seeking to create a litigation department to initiate and execute lawsuits. (Case) SpaceX and Tesla CEO Elon Musk recently posted a job posting on Twitter and netizens couldn’t help but troll the billionaire. A day after reports emerged of sexual harassment allegations against Elon Musk – which he denounced as “totally false” – … Read more

Dave Chappelle’s attacker speaks out for the first time: Says he was ‘triggered’ by comedian’s jokes

The man who attacked Dave Chappelle onstage during a comedy show in Los Angeles earlier this month said he was ‘triggered’ by the comedian’s jokes about gay people and homelessness, and told Chappelle he should be more sensitive. Isaiah Lee, 23, was charged with four misdemeanors after the May 3 attack – assault and battery, … Read more

Elon Musk’s SpaceX seeks to raise $1.7 billion in new funding

A Falcon 9 rocket launches a batch of Starlink satellites into orbit on April 29, 2022. SpaceX SpaceX is raising a massive new round of funding, CNBC has learned, bringing the private company’s valuation to around $127 billion. The space company is seeking to raise up to $1.725 billion in new capital, priced at $70 … Read more

How Musk’s Twitter takeover plans rocked Wall Street and social media

Elon Musk wears many hats as CEO of Tesla, CEO of SpaceX, and founder of the Boring Company and Neuralink. He is also a prolific Twitter user. The news that Musk has made a $44 billion bid to buy Twitter and potentially become the social media company’s CEO sent shockwaves through Wall Street and social … Read more

Air hostesses union president slams Musk over sexual misconduct allegations

On Friday, Association of Flight Attendants Union President Sara Nelson slammed Elon Musk over allegations that he sexually proposed to a SpaceX flight attendant. According to a report by Insider on Thursday, Musk was accused of exposing himself to one of his SpaceX employees and asking him for sex. Later Thursday, the Tesla CEO denied … Read more