Elon Musk - report

Business magnate (born 1971)

Elon Reeve Musk is a business magnate and investor. He is the founder, CEO, and chief engineer of SpaceX; angel investor, CEO, and product architect of Tesla, Inc.; owner, CTO, and chairman of Twitter; founder of the Boring Company and X Corp.; co-founder of Neuralink and OpenAI; and president of the philanthropic Musk Foundation. Musk is the wealthiest person in the world according to the Bloomberg Billionaires Index and Forbes's Real Time Billionaires list as of June 2023, primarily from his ownership stakes in Tesla and SpaceX, with an estimated net worth of around $225 billion according to Bloomberg and $235 billion according to Forbes.

Source: https://en.wikipedia.org/wiki/Elon_Musk

2021 2023 2024

Sentiment Over Time:
A visual representation of news coverage for Elon Musk

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Significant news events for Elon Musk

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Elon Musk lost his title as the world's richest man to LVMH CEO Bernard Arnault. Musk has lost a whopping $107 billion in the past year, cutting his wealth down to $164 billion. Arnault lost $7.19 billion over the same time period, putting his net worth at $171 billion. Twitter could be subject to sanctions under a future media law.
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Elon Musk sold 22 million shares worth $3.6 billion between Tuesday and Thursday. The falling shares have bumped Musk from his status as the world's wealthiest person. Musk's net worth has fallen to $US174 billion, according to Forbes. Twitter is losing $4 million a day, and is facing a $1.2 billion interest bill for its acquisition of Tesla.
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Elon Musk has tweeted that the misunderstanding about Twitter potentially being removed from Apple’s App Store has been cleared. “Tim was clear that Apple never considered doing so," Musk said in a tweet. Musk had accused Apple of threatening to block Twitter from its app store without saying why.
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Elon Musk claims that Apple has “threatened to withhold” Twitter from its app store. Twitter CEO also joined the chorus crying foul over a 30 percent fee Apple collects on transactions. Apple has not publicly responded to Musk's claims.
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Elon Musk has reversed former US President Donald Trump's lifetime ban from Twitter. Musk polled users on Twitter about whether Trump should be let back onto the platform. The poll showed 51.8% in favor of reinstating Trump and 48.2% against. Trump was excluded from Twitter after a pro-Trump mob attacked the US Capitol on 6 January 2021.
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Elon Musk completed his $44bn (£38bn) takeover of the social media site. The Tesla founder says he wants to turn Twitter into a ‘public square’ But in reality it will very quickly turn into a financial black hole. Starbucks, the Seahawks, and the Seattle Times are coming after Tiffany.
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Elon Musk, CEO of Tesla and SpaceX, now officially owns Twitter. The deal closed at the original agreed upon price of $44 billion, or $54.20 per share. Donald Trump said the app is now "in sane hands" with Musk at its helm.
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Elon Musk has confirmed his takeover of Twitter is complete. The billionaire boss of SpaceX and Tesla has been visiting Twitter this week ahead of the deadline for the $44 billion deal to close tomorrow. Musk signaled the deal was on track by changing his Twitter profile to "Chief Twit"
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Elon Musk warns his £38bn Twitter deal could be blocked by Joe Biden. US president's officials considering probing deal on national security grounds. Twitter shares dropped after Bloomberg said buyout could be reviewed.
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Elon Musk's move to close Twitter deal leaves Tesla investors worried. Musk sold over $15 billion worth of Tesla Inc shares earlier in the year to fund the deal. Twitter executives still remains wary of Elon Musk and are considering getting a judge to oversee the deal’s closing via a consent decree.
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Elon Musk says he is actually going to buy Twitter for $44 billion. Musk first agreed to buy the social media company for $54.20 per share in April. He then spent months laying the groundwork to back out of it, then got himself into a messy lawsuit.
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Elon Musk sparks backlash from Ukrainian officials with unsolicited "peace" plan. Musk suggested a path to "Ukraine-Russia Peace" that included re-doing elections "under UN supervision" The billionaire Tesla CEO also suggested making Crimea "formally part of Russia"
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Elon Musk showcased a humanoid robot prototype named 'Optimus' He predicts the electric vehicle maker will be able to produce millions of them and sell them for under $US20,000. The robot emerged from behind a curtain, walked around, waved, and "raised the roof" with its hands to the beat of techno music.
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Elon Musk has sent an additional letter of deal termination to Twitter Inc. The world's richest person subpoenaed a whistleblower seeking documents on how the social media company measures spam accounts. Musk walked away from a $44-billion offer for Twitter in July.
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Elon Musk claims he was 'hoodwinked' into signing a deal to buy Twitter. Twitter has refuted such claims saying they are 'implausible and contrary to fact' The social media giant and the billionaire are set to go head-to-head in a trial.
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Twitter shares have tumbled as much as 7.8% in pre-market trading shortly after Elon Musk announced his buyout deal is no longer a go. Twitter has already hired lawyers in order to legally force Musk to comply with the deal. Musk launched a surprise bid to buy Twitter for $54.20 a share in April.
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Twitter says it will sue Elon Musk to complete the $44B merger he just rejected. Twitter board chairman Bret Taylor said that the company will "pursue legal action to enforce the merger agreement" Musk avoided discussing the collapsed Twitter deal as he addressed an audience of moguls.
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Tesla and SpaceX founder Elon Musk has canceled his previously agreed $44 billion deal to buy Twitter. Musk accused the social media company of “material breach of multiple provisions” of the merger agreement. The move could trigger a legal battle between the billionaire and the company. Twitter shares immediately fell nearly 7% in after hours trading to $34.25 per share.
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The 51-year-old SpaceX founder and tech entrepreneur fathered twins in November. Their sexes were not made public and their names were redacted. Musk fathered six children with his first wife, Justine Wilson, but the couple's first child died of sudden infant death syndrome in 2002.
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SpaceX fired several employees involved in an open letter that blasted the billionaire. The letter writers denounced Musk for actions that they said are a "frequent source of distraction and embarrassment" It's unclear how many SpaceX workers lost their jobs.
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Staffers at Elon Musk's SpaceX have penned an open letter criticizing the CEO for his constant tweeting. Staffers wrote that Musk tweets have 'become a source of distraction and embarrassment' for the company. Musk has offered to buy Twitter for roughly $44 billion and take the company private.
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A leaked email from Elon Musk tells Tesla employees to return to the office or leave. Musk replied to the leaked email on Twitter and said people who think coming into work is antiquated "should pretend to work somewhere else" President Joe Biden quipped that he wished Musk "lots of luck on his trip to the moon"
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Elon Musk has put the $44 billion Twitter takeover deal on hold. Musk suspects spam accounts make up at least 20% of users. The contemptuous public insult could be seen as violating the non-disparagement provision of the purchase agreement. Twitter has consistently said since 2014 that it estimates fewer than 5pc of its 229m daily users are fake.
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Elon Musk announces his $44bn (£35bn) deal to buy Twitter is on hold. He has queried the number of fake or spam accounts on the social media platform. Twitter shares fell as much as 25% in pre-market trading following Mr Musk's tweet. Musk later tweeted that he's "still committed to acquisition"
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Tesla and SpaceX CEO Elon Musk has plenty of newfound critics following his purchase of Twitter for $44 billion on Monday. Musk views Twitter in much the same way that Murdoch and Ailes saw Fox at its inception. Some of Twitter's most followed and left-wing users pledged to never tweet again - although the most of their accounts remain active.
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Twitter and Elon Musk have reached an agreement for him to buy the social media platform in a $44 billion (£34.5 billion) deal. Musk will pay $54.20 cash per share for the San Francisco-based company. The deal represents a 38 per cent premium from Twitter’s closing price on 1 April.
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Twitter adopts poison pill defense to block Elon Musk takeover. Plan would trigger a dilution of company shares if any shareholder builds up a 15 percent stake without the board's approval. Musk is the world's wealthiest man, according to Forbes.
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Tesla and SpaceX CEO, Elon Musk has now made his 'best and final', offer to buy 100 percent of Twitter. Musk is by far the richest person in the world, with a net worth of $273 billion. Musk's offer price of $54.20 per share represents a 38% premium to Twitter's April 1 close.
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Twitter shares fell in premarket trading Monday after CEO revealed that Elon Musk has abandoned his plan to join the company's board. The social media company's stock tumbled over 8% to less than $43 a share at 4 a.m. ET before recovering slightly. Musk recently acquired more than 9% of the company.
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Tesla CEO Elon Musk is joining Twitter's board of directors. Musk bought 73.5 million of the company's shares for $2.9 billion (€2.65 billion) Twitter CEO Parag Agarwal said that Musk, "would bring great value to our Board"
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The world's richest man owns quadruple the shares of its founder Jack Dorsey. His passive stake is valued at up to $2.9billion based on Friday's stock close. It has prompted Twitter's share price to soar 26% in pre-market trading.
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Elon Musk says SpaceX's Starlink satellite broadband service has been activated in Ukraine. Starlink operates a constellation of more than 2,000 satellites that aim to provide internet access across the planet. Ukrainian officials requested Musk's help with his company's commercial internet network.
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Tesla and SpaceX CEO Elon Musk accused a US regulator of trying to stifle his speech. He also came under fire for a tweet that compared Canadian leader Justin Trudeau to Adolf Hitler. Musk tweeted that he had secured funding to potentially take his electric car company private.
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Elon Musk said he was ‘highly confident’ this was the year his new Starship would make it to orbit. Announcement came nine months after SpaceX achieved the first successful launch and touchdown of a Starship prototype rocket. Once fully developed, it will be capable of taking humans to the Moon and Mars.