Tesla and SpaceX CEO Elon Musk announced on Friday that he is selling social media platform X, previously known as Twitter, to his own artificial intelligence startup xAI.
Musk confirmed the news via a post on X, saying that it was an all-stock transaction, which...
Tesla and SpaceX CEO Elon Musk is no longer interested in expanding his social media platform portfolio. Musk, who already owns X (former Twitter), said during a recent public appearance that he has no plans to bid for TikTok.
TikTok, owned by China-based Bytedance, has...
The social media network X, formerly known as Twitter, has gone through many ups and downs since Elon Musk’s buyout, and another one is just around the corner. A group of Wall Street banks is reportedly getting ready to sell up to $3 billion...
Elon Musk’s artificial intelligence startup xAI announced earlier this week that it raised $6 billion in a Series C funding round. This gives the company a valuation of roughly $45 billion compared to $24 billion just six months ago.
According to xAI’s announcement, the Series...
Elon Musk, the wealthiest person in the world, just became even richer. According to Bloomberg, Musk’s net worth surged to $400 billion, making him the first individual to reach this mark.
Musk increased his wealth by $20 billion thanks to the stock jump of the...
Elon Musk’s space technology company, SpaceX, is gearing up to launch a tender offer next month, according to a report by the Financial Times. Reportedly, the tender offer will offer existing shares at a price of $135 per share.
Besides preparing a tender offer for...
