Investors are starting to get their most complete look yet at the financial picture of social media platform X in the chaotic three years since its buyout by Elon Musk.
Elon Musk has painted himself as a humanitarian figure building a utopian future through a passel of companies. Don’t fall for it. The billionaire’s silence on the sudden reversal of US government guidelines for building safer artificial intelligence shows his priorities are political capital — and his own business interests.
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.
Elon Musk, the genius billionaire behind Tesla, SpaceX, and now the Department of Government Efficiency (D.O.G.E), has vowed to cut wasteful spending in Washington under his “best friend” President Donald Trump’s administration.
Elon Musk cited Don Lemon’s “invasive and charged interview” with the X owner as grounds for walking away from a $1.5 million partnership deal in early 2024, after the former CNN star escalated a legal feud over a canceled new show.
Tesla Inc. plans to launch a long-promised robotaxi business and get back to growing vehicle sales after a year of decline in both deliveries and earnings.The carmaker expects to start offering a paid service in June to use self-driving Teslas that won’t rely on humans supervising the steering wheel,
The Department of Government Efficiency, or DOGE, is reportedly discussing the use of a public blockchain in its cost-cutting efforts.
A new earnings report painted a grim picture of Boeing’s finances. Can it recover while under scrutiny from Trump and Musk?
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s 2022 Twitter buyout.
The price of Move (CRYPTO: MOVE), the native token for the Movement Network, has rocketed upwards following a multi-million dollar investment from World Liberty Financial, a firm with ties to President Donald Trump and his family.
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.