Dogecoin Getty Images The day after Elon Musk offered to buy Twitter, cryptocurrencies for the most part seem little moved. Bitcoin remains bound within the $39,000-40,000 trading range, after retraci...
Tag: Elon Musk
Twitter Board Adopts Poison Pill To Fend Off Elon Musk’s Takeover Bid
Topline Twitter announced Friday that it has decided to adopt a limited duration shareholder rights plan, known as a “poison pill,” in response to Tesla CEO Elon Musk’s $43 billion acquisition offer a...
Some Analysts Downgrade Twitter Stock Amid ‘Full Blown Elon Circus’
Topline As speculation continues to swirl around Elon Musk’s $43 billion offer to buy Twitter, more Wall Street analysts are downgrading shares of the social media company, remaining skeptical of the ...
Dogecoin ‘A Proxy For Twitter Stock’—Doge Price Could Soar If Elon Musk Buys Twitter, Potentially Boosting Bitcoin, Ethereum And Other Cryptocurrencies
Dogecoin, the meme-based bitcoin rival that’s a favorite of Elon Musk, has surged this week as traders bet a Musk-owned Twitter TWTR would help doge. Subscribe now to Forbes’ CryptoAsset &...
Musk Says He Has ‘Sufficient Funding’ To Buy Twitter, Claims He Has ‘Plan B’ If Offer Is Rejected
Topline Tesla’s billionaire CEO Elon Musk, who submitted a $43 billion bid to buy Twitter on Thursday, said later in the day at a TED conference in Vancouver that he has “sufficient assets” to buy the...
Distraction Or Hostile Takeover? Here’s What Analysts Say About Elon Musk’s Offer To Buy Twitter
Topline Shares of Twitter fell on Thursday after Tesla’s billionaire CEO, Elon Musk, offered to buy the company and take it private for roughly $43 billion, a move that some analysts think is just the...
Twitter, Goldman Sachs, UnitedHealth and others
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter surged 8.2% in premarket trading after Tesla (TSLA) CEO Elon Musk – currently Twitter’s largest shareholder – o...
Stock futures are little changed ahead of major bank earnings Thursday
Stock futures were muted Thursday morning as investors awaited quarterly earnings results from some of the biggest U.S. banks. Dow Jones Industrial Average futures rose 26 points. S&P 500 futures ...
Twitter Shareholder Sues Musk, Saying He Misled Investors
Topline A Twitter shareholder Tuesday filed a lawsuit against Tesla CEO Elon Musk alleging that Musk manipulated Twitter’s share price by delaying an announcement that he had acquired over 5% ownershi...
India’s Gautam Adani Is Now Richest Asian Billionaire Ever As Fortune Jumps Past $100 Billion
Gautam Adani, the founder and chairman of the Adani Group. Hindustan Times via Getty Images After a meteoric rise in his net worth over the past two years, Indian infrastructure tycoon Gautam Adani ha...
Elon Musk Will Not Join Twitter’s Board
Topline Tesla CEO Elon Musk has decided not to join the board of Twitter, the company’s CEO Parag Agrawal announced late on Sunday night, in a move that comes just a week after the billionaire disclos...
‘Pay In Doge?’—Elon Musk’s Surprise Twitter Plan Could Sideline Bitcoin And Ethereum In Favor Of Dogecoin After Boosting Its Price
Elon Musk, the dogecoin-backing Telsa billionaire who sent shockwaves through the bitcoin, crypto and tech world when he revealed he’d bought around 9% of Twitter this month, has posted a flurry...
Elon Musk’s Mysterious Investment In Twitter Is a Happy Rejection of Victimhood
As most readers are aware by now, last week Elon Musk went public with his purchase of over 9% of Twitter. The $3 billion buy makes him the company’s largest shareholder. Members of the Right cheered ...
Elon Musk The Miner? Tesla Founder Implies It Could Happen
TOPSHOT – CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” … [+] grand opening party on April 7, 2022 in Austin, Texas. – Tesla we...
Telsa may have get into mining, refining lithium directly
Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. Patrick Pleul | AFP | Getty I...
Elon Musk Opens Tesla’s ‘Giga Texas’ That He Says Is The Biggest U.S. Plant
Elon Musk celebrates the opening of Tesla’s Giga Texas plant in Austin. Tesla via YouTube Elon Musk marked the official start of production at Tesla’s new Giga Texas plant in Austin, saying it’s...
Elon Musk Updates Paperwork On Twitter Purchase As Employees Reportedly Raise Concerns
Topline Billionaire Elon Musk has not sold part of his newly-acquired stake in Twitter, he confirmed on Wednesday, while insiders reportedly voice concerns over the platform’s future as Musk, who is a...
Army Corps Halts Permit Review For SpaceX’s Texas Launch Site
Topline The U.S. Army Corps of Engineers suspended SpaceX’s application to expand its South Texas rocket launch site, according to a letter from the Corps sent to SpaceX and viewed by Bloomberg and th...
Jimmy Soni’s Spellbinding and Essential Story of How PayPal Came to Be
Every so often Cato Institute co-founder Ed Crane reminisces about the early days of libertarianism, and in particular the make-up of the movement as gatherings began taking place. Though the lover of...
Richard Branson hopes to fly with Elon Musk’s SpaceX
Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near...
JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wedn...
Tesla’s Water Worries Don’t End In Berlin; Giga Texas In Booming Austin May Also See Drier Times
Tesla is throwing a party on April 7 to mark the official opening of Giga Texas, its plant near Austin. Tesla Tesla’s first European auto plant opened in eastern Germany after delayed approval from lo...
Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Mu...
Why Is California’s Department of Fair Housing and Employment Harassing Activision and Tesla?
From when Elon Musk was very young he “plotted an escape from his surroundings and dreamed of a place that would allow his personality and dreams to flourish.” Those are the words of Ashlee Vance, fro...
Did Elon Musk Trigger New Legal Headache With SEC ‘Bastards’ Comment?
TED chief Chris Anderson interviews Elon Musk in Vancouver on April 14. TED2022 via YouTube Billionaire entrepreneur Elon Musk has a history of making controversial and inflammatory public comments th...