Elon Musk
Twitter director Egon Durban won’t leave the board after shareholders voted to boot him
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter director Egon Durban won’t leave the board, even though he offered to resign […]
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Twitter shareholders sue Elon Musk and Twitter over chaotic deal
Sheldon Cooper/SOPA Images | Lightrocket | Getty Images Twitter shareholders are suing Elon Musk, and Twitter itself, over their handling of a chaotic acquisition process that is still underway, and that has contributed to volatile price swings in the company’s stock price. The Tesla and SpaceX CEO revealed a significant stake in Twitter on April 4, and ten […]
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Boeing’s Starliner capsule lands, completing a crucial step toward carrying NASA astronauts
Boeing’s Starliner capsule lands in White Sands, New Mexico on May 25, 2022 to complete the OFT-2 mission. NASA TV Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wednesday, completing a crucial test flight as the company prepares to carry astronauts. Starliner landed at the U.S. Army’s White Sands Missile Range, […]
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Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey and others to help finance, […]
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Elon Musk backs ‘tight’ background checks for all gun sales in wake of mass shooting in Texas
Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. FilmMagic | HBO | Getty Images Tesla and SpaceX CEO Elon Musk called for “tight” background checks for all gun purchases while also backing gun ownership as a “safeguard” against political tyranny — a […]
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Twitter shareholders vote to boot Silver Lake co-CEO Durban, a long-time Musk backer, from board
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter shareholders on Wednesday voted to boot Egon Durban, the co-CEO and managing director […]
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In a faceoff with Elon Musk, the SEC blinked
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images U.S. securities regulators have pulled their punches in dealings with Elon Musk largely because an April 2019 court hearing on a statement he made about Tesla […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to gave back some of Monday’s snapback rally A screen displays the Fed rate announcement as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New York […]
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SpaceX president defends Elon Musk over sexual misconduct claims: ‘I believe the allegations to be false’
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX President and COO Gwynne Shotwell defended Elon Musk in an email to […]
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SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company’s valuation to about $127 billion. The space venture is looking to bring in up to $1.725 billion in new capital, at a […]
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