#elon-musk

#elon-musk

Musk, considered the world's richest man, had argued his incredibly busy' schedule made attending the Washington, DC, case a burden. Billionaire Elon Musk has failed to persuade a federal judge in Washington, DC, to move a Securities and Exchange Commission (SEC) lawsuit over the late disclosure of his growing Twitter stake to Texas after saying he was too busy to defend himself in the nation's capital.

The tech magnate's net worth briefly reached $500.1bn on Wednesday afternoon New York time, before dipping slightly to just over $499bn later in the day, the Forbes' billionaires index reported. Alongside Tesla, valuations of his other ventures, including the artificial intelligence startup xAI and rocket company SpaceX, have also reportedly climbed in recent months. The milestone further cements Musk's status as the world's richest person, well ahead of rivals in the global tech sector.

At xAI, some staff have balked at Musk's free-speech absolutism and perceived lax approach to user safety as he rushes out new AI features to compete with OpenAI and Google. Over the summer, the Grok chatbot integrated into X praised Adolf Hitler, after Musk ordered changes to make it less "woke." Ex-CFO Liberatore was among the executives that clashed with some of Musk's inner circle over corporate structure and tough financial targets, people with knowledge of the matter said.

Elon Musk has accused the Anti-Defamation League, one of the most prominent Jewish organizations in the US, of being a hate group against Christians, suggesting that it encourages murder. The ADL hates Christians, therefore it is is [sic] a hate group, Musk responded on Sunday night to an X account that posts anti-immigrant content. Musk made the comments on his social media platform X in response to the ADL's documentation of racist and extremist statements by members of Charlie Kirk's group, Turning Point USA.

That agreement required Musk to grow Tesla's market value from around $60 billion to $650 billion, its 12-month revenue from below $20 billion to $175 billion, and its adjusted profits from under $1.5 billion to $14 billion to get the full compensation. Schiffer recalled the deal was labeled "insane" and "crazy," with commentators declaring there was "no way in hell he'll ever achieve that." "And you know what, he did," Schiffer added.

Motive, a startup founded in 2013 that has been subleasing space from Yelp in SoMa, has inked a deal to sublease 40,000 square feet of the former Twitter HQ at 1355 Market, as the SF Business Times reports. The company will be moving in in phases, beginning with 25,000 square feet. This still represents less than 10% of the former 460,000-square-foot Twitter offices, which occupied just over half of the total square footage of the former wholesale furniture showroom complex and included part of an adjacent building, One 10th Street, that is connected via skyway to the rear of 1355 Market.

A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is all the more so during times of uncertainty in the markets, and even when markets are near all-time highs.

Musk's gaming habits have been continually mocked after he 'rage quit' a Path of Exile 2 livestream in April over his clearly poor performance. In an effort to showcase Starlink's Wi-Fi capabilities, Musk livestreamed the video game while aboard his private jet. The broadcast was brief; however, after the game's chat function was inundated with users mocking Musk, both for his poor gaming skills and for "ruining the [US]" through his political actions while he was head of the Department of Government Efficiency (DOGE).

I don't think this jackass should be banned, but Amazon should stop paying him to incite murder. That's insane, Musk said in response to the clips, which right-wing commentator Mike Cernovich had posted, and asked why Destiny was allowed to continue streaming on Twitch. (He has actually been banned from Twitch since March 2022 for violating its hateful conduct policy.)

Pope Leo XIV has voiced sharp criticism of corporate pay structures, singling out Tesla CEO Elon Musk and other business leaders as examples of the widening gap between executives and ordinary workers. The pontiff warned that excessive wealth concentration could erode societal values and fuel global polarization. Pope Leo XIV's comments seem to be guided by a misunderstanding of what Elon Musk's pay package entails, and the net positive it would result to TSLA shareholders and the world as a whole.

This is a message to the reasonable centre, the people who ordinarily wouldn't get involved in politics, who just want to live their lives. They don't want that, they're quiet, they just go about their business. My message to them: if this continues, that violence is going to come to you, you will have no choice. You're in a fundamental situation here. Whether you choose violence or not, violence is coming to you. You either fight back or you die, that's the truth, I think.

Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

Whether you're a hostile state or a hostile billionaire no one gets to mess with British democracy.

Elon Musk, the Tesla CEO, has purchased nearly $1bn worth of the electric-vehicle maker's stock, a regulatory filing showed, reinforcing Musk's push for greater control over Tesla. Tesla shares jumped more than 8% in premarket trading on Monday following the news. Tesla is racing to meet its ambitious targets on robotaxis, artificial intelligence and robotics as it looks to pivot from an EV maker to a tech leader.

Elon and I have a relationship, wouldn't say a very good one. He's generally rather rude about me... You know, it would be nice to get some clarification of what fight meant in that context,

Elon Musk's stint as the world's richest person came to a temporary end on Sept. 10, when it was revealed that Larry Ellison, the founder of Oracle, had seized the top position following a substantial $101 billion boost to his wealth. Ellison's rise to the pinnacle of the billionaire rankings was propelled by Oracle's robust quarterly results and promising outlook, which resulted in a remarkable 43% bump in the company's stock prices and a staggering $101 billion increase in Ellison's personal wealth.

Grok, which has had a track record of giving false and misleading answers, answered: This footage appears to be from an anti-lockdown protest in London's Trafalgar Square on 26 September 2020, during clashes between demonstrators and police over Covid restrictions. The answer was quickly picked up and amplified by X users, including the Daily Telegraph columnist Allison Pearson, who tweeted: This was my suspicion, before asking: Did the Met claim footage of clashes in summer 2020 took place yesterday?