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“Elon Musk dumps $8.5B in Tesla stock ahead of Twitter buy” Elon Musk has sold off a whopping $8.5 billion in Tesla stock this week as he prepares to acquire Twitter for $44 billion – but he insists that the rest of his stake in the electric car maker will remain untouched for now. Securities…
“Elon Musk vowed to slash Twitter jobs, executive pay: report” Tesla CEO Elon Musk secured financing for his $44 billion takeover bid of Twitter by pledging to slash jobs and executive pay, among other cost-cutting measures, according to a report. Musk also told lenders that he would maximize profitability at the social media platform by…
“Elon Musk offloads 4.4 million Tesla shares after Twitter buyout” Elon Musk sold 4.4 million Tesla shares this week after his $44 billion acquisition of Twitter, according to new Securities and Exchange Commission filings. The sales, made Tuesday and Wednesday, were worth a total of $3.99 billion, Bloomberg reported. After the filings were made public…
“Elon Musk jokes he’ll buy Coca-Cola to ‘put the cocaine back in’” Elon Musk said he was “buying Coca-Cola to put the cocaine back in” as he joked about what he plans to do next following his $44 billion acquisition of Twitter. In a late Wednesday gab session with his 87 million Twitter followers, Musk…
“Judge shreds Elon Musk’s bid to end SEC check over Tesla tweet” A federal judge rejected Elon Musk’s bid to end a 2018 consent decree limiting his ability to freely tweet about Tesla’s business, dealing a blow to the billionaire in his ongoing feud with the SEC, a court ruling revealed on Wednesday. Musk’s attorneys…
“What the billionaire owns or has stake in” Elon Musk already had his hands full even before he finalized Monday’s $44 billion deal to take over Twitter. The entrepreneur — who now holds the title of world’s richest man — got his start in Silicon Valley after he dropped out of Stanford University in 1995…
” Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria “ Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 on April 25, albeit still down 77% from its record high in May 2021. Twitter’s…
“Elon Musk’s rift with Saudi Arabia stems from Tesla factory spat” Elon Musk’s bitter rift with the Saudi government stemmed from his reluctance to build a Tesla plant in the oil-rich kingdom — a sticking point for Crown Prince Mohammed bin Salman, according to sources and previously unreported text messages made public in a California…
“Twitter accepts Elon Musk’s $44 billion bid” Twitter’s board of directors said Monday afternoon that it has accepted Tesla CEO Elon Musk’s $44 billion offer to buy the company — bringing an end to a weekslong saga and ushering in a new era for the struggling social-media platform. Musk, who has said he wants to…
“Why Elon Musk took aim at Bill Gates on Twitter” Elon Musk mocked Bill Gates on social media by likening him to an emoji depicting a pregnant man after accusing the Microsoft co-founder of selling Tesla stock short while declaring a commitment to fight climate change. Musk on Friday claimed that he exchanged text messages…