Elon Musk

Musk Seeks Documents from Jack Dorsey in Fight over Twitter Deal

Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive in November and left the board […]

U.S. Rejects Broadband Subsidies for SpaceX's Starlink, LTD

The U.S. Federal Communications Commission rejected broadband subsidies for SpaceX’s Starlink and LTD bands applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday. In December 2020, the FCC tentatively awarded $9.2 billion to over 300 bidders to deploy high-speed broadband from the Rural Digital Opportunity Fund. LTD Broadband won […]

Musk Challenges Twitter CEO to Public Debate on Bots

Elon Musk on Saturday challenged Twitter Inc Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5 percent fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether […]

Twitter Queries Banks on Musk's Attempts to Undermine $44 Billion Deal

Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said. Twitter sent dozens of civil subpoenas this week to global banks such as units […]

Elon Musk's Take on the Metaverse

Two currents that are said to revolutionize the digital world are the Metaverse and Web 3. Elon Musk, the world’s richest man, is not a fan of either. As the CEO of SpaceX and Tesla, Elon Musk’s take on the Metaverse was made quite clear in his interviews and tweets. He couldn’t envision a compelling use-case […]

Factbox-How is Elon Musk Funding his $44 Billion Offer to Buy Twitter

Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N). From Oracle Corp’s (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight […]

Analysis-Why Twitter has Ignored Elon Musk's 'Trolling'

A unilateral pronouncement that the acquisition of Twitter Inc is “on hold”. Fierce criticism of the social media company’s handling of spam accounts. A “poop emoji” directed at Twitter’s chief executive, Parag Agrawal. These are just some of Elon Musk’s tweets in the last four days, culminating in a suggestion by the Tesla Inc chief […]