Elon Musk-Twitter Deal Is a ‘Breath of Hope’, Says Brazilian President Jair Bolsonaro

Elon Musk-Twitter Deal Is a ‘Breath of Hope’, Says Brazilian President Jair Bolsonaro

Brazilian President Jair Bolsonaro called Elon Musk’s proposed takeover of Twitter a “breath of hope” as the two met in Brazil on Friday, adding he hoped the US billionaire would help end the “lies” about his widely criticised stewardship of the Amazon rainforest. Bolsonaro and Musk, the CEO of electric carmaker…

Elon Musk Denies Allegations That Claimed He Sexually Harassing Flight Attendant on Private Jet in 2016

Elon Musk Denies Allegations That Claimed He Sexually Harassing Flight Attendant on Private Jet in 2016

Billionaire Elon Musk took to Twitter late on Thursday to denounce as “utterly untrue” claims in a news report that he had sexually harassed a flight attendant on a private jet in 2016. Business Insider reported earlier on Thursday that Musk’s SpaceX paid $250,000 (roughly Rs. 2 crore) in 2018…

Elon Musk’s SpaceX Said to Become Most Valuable US Startup, Valuation Rises to $125 Billion

Elon Musk’s SpaceX Said to Become Most Valuable US Startup, Valuation Rises to $125 Billion

Billionaire Elon Musk’s SpaceX is poised to become the most valuable US startup as its valuation rose to over $125 billion (roughly Rs. 9,68,906 crore) in an ongoing share sale in the secondary market, sources familiar with the matter told Reuters. The shares, which are marketed at about $72 (roughly…

Elon Musk’s ‘Tesla Funding Secured’ Tweet Inaccurate and Reckless, Says Court

Elon Musk’s ‘Tesla Funding Secured’ Tweet Inaccurate and Reckless, Says Court

A court said that Elon Musk’s 2018 tweets that funding was secured to take Tesla private was inaccurate and reckless, saying “there was nothing concrete” about financing from Saudi Arabia’s sovereign wealth fund at that time. The decision by US District Judge Edward Chen of San Francisco is a major…

Elon Musk’s Latest $7 Billion Twitter Funding Could Face US Regulator Scrutiny: Experts

Elon Musk’s Latest $7 Billion Twitter Funding Could Face US Regulator Scrutiny: Experts

Elon Musk’s decision to accept some foreign investors as part of his $44 billion (roughly Rs. 3,37,000 crore) buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, legal experts say. Musk disclosed on Thursday that Saudi Arabia’s Prince Alwaleed…

Elon Musk Sells Tesla Shares Worth $8.5 Billion Ahead of Twitter Takeover

Elon Musk Sells Tesla Shares Worth $8.5 Billion Ahead of Twitter Takeover

Tesla Chief Executive Officer Elon Musk sold $8.5 billion (roughly Rs. 65,044 crore) worth of shares in the electric vehicle maker, US securities filings showed, in sales likely aimed at helping finance his planned purchase of Twitter. Musk said in a tweet on Thursday that there are “no further TSLA…