Getty Images | DNY59 reader comments 234 Fidelity’s latest valuation of its stake in X implies that Elon Musk’s social network is worth about 71.5 percent less than when Musk bought the company in October 2022. Fidelity’s Blue Chip Growth Fund has a relatively small stake in X. A monthly update for the fund listed ..
Tag : Elon Musk
Enlarge / Elon Musk speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy) on December 15, 2023 in Rome, Italy. Getty Images | Antonio Masiello reader comments 207 Elon Musk’s ownership of Twitter, now called X, began with a lawsuit. When Musk tried to break a $44 billion merger agreement, Twitter ..
Enlarge / Elon Musk at an AI event with Britain Prime Minister Rishi Sunak in London on Thursday, Nov. 2, 2023. Getty Images | WPA Pool reader comments 343 Elon Musk yesterday appealed to the Supreme Court in a last-ditch effort to terminate his settlement with the Securities and Exchange Commission. Musk has claimed he ..
Enlarge (credit: Getty Images | NurPhoto ) A former Twitter security executive sued Elon Musk and X Corp. yesterday, alleging that he was unlawfully fired for objecting to steep budget cuts implemented shortly after Musk bought the social network. Alan Rosa, who was fired on December 6, 2022, “was Head of Global Information Technology and ..
reader comments 254 with A Florida judge, Reid Scott, has ruled that there’s “reasonable evidence” to conclude that Tesla and its CEO Elon Musk knew of defects in Autopilot systems and failed to fix them. Testimony from Tesla engineers and internal documents showed that Musk was “intimately involved” in Tesla’s Autopilot program and “acutely aware” ..
Getty Images | Bet_Noire reader comments 58 with Elon Musk lost an attempt to avoid a deposition and terminate a privacy settlement that Twitter agreed to before he bought the company. Musk’s X Corp. in July asked a federal judge for “a protective order staying the notice of deposition of Elon Musk,” and an order ..
reader comments 325 with Advertisers with zero-tolerance policies for antisemitism spent the weekend urging the CEO of X (formerly Twitter), Linda Yaccarino, to follow their lead, save her reputation, and ditch Elon Musk’s toxic social media platform, according to a pair of reports. Advertising industry insiders told the Financial Times and Forbes that Yaccarino got ..
Enlarge / SpaceX’s Starship rocket took off from South Texas at 7:03 am CST (13:03 UTC) Saturday. reader comments 273 with BOCA CHICA BEACH, Texas—SpaceX’s Starship mega-rocket reached space for the first time Saturday, flying straight and true for more than eight minutes before exploding nearly 100 miles over the Gulf of Mexico downrange from ..
Enlarge / The upper stage of SpaceX’s Super Heavy-Starship launch vehicle was removed from its position atop the rocket Thursday, clearing the way for the swap-out of a component on the booster stage. Stephen Clark/Ars Technica reader comments 102 with BOCA CHICA BEACH, Texas—The launch of SpaceX’s second full-size Starship rocket from South Texas is ..
Enlarge / SpaceX’s Starship rocket on its launch pad in South Texas. reader comments 144 with The Federal Aviation Administration approved a commercial launch license Wednesday for SpaceX to fly its second full-scale Starship rocket as soon as Friday, seven months after the giant vehicle’s first test flight. “The FAA has given license authorization for ..