Elon Musk
Tesla CEO Elon Musk hosts ‘Cyber Rodeo’ party to open Austin factory
On Thursday night, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near the Austin airport in Texas. At the event, he spoke about how massive the new factory is, and teased products that are still in development, including the Cybertruck, and a robotaxi that […]
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‘It’s meaningless’ — large Tesla shareholder Ron Baron reacts to Elon Musk joining Twitter’s board
Ron Baron, the CEO of Baron Capital and one of Tesla’s largest shareholders, said that Elon Musk’s 9.2% stake in Twitter, and his accompanying board seat, is not significant. “I think it’s meaningless,” he told CNBC’s “Squawk Box” Thursday. “It’s a tiny investment. $3 billion for a man who is worth $300 billion. He has […]
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Army Corps of Engineers withdraws SpaceX application to expand Starship facilities in Texas
Starship prototype 20 stacked on top of Super Heavy booster 4 at the company’s facility in Boca Chica, Texas. SpaceX The US Army Corps of Engineers has withdrawn SpaceX’s application to expand launch facilities in Boca Chica, Texas, after the company failed to provide environmental information the agency requested, according to documents obtained by CNBC. […]
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After his Virgin Galactic spaceflight, Richard Branson now 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 Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters COLORADO SPRINGS, Colorado – Sir Richard Branson, less than a year after […]
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Stocks making the biggest moves midday: 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 Wednesday. JetBlue — Shares of JetBlue fell another 7.6% on Wednesday, as investors weighed the airline’s $3.6 billion cash takeover offer to take […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures sink in what would add to Tuesday’s drop on Fed worries Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures dropped Wednesday as investors await more insight into what […]
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Stocks making the biggest moves premarket: 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 Musk – now Twitter’s largest shareholder – changed the type of SEC filing regarding his share purchase to show it was not “passive.” […]
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Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for […]
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Twitter confirms it is testing edit button after Elon Musk polls followers
Joe Raedle | Getty Images News | Getty Images Twitter is testing an edit button, the company said on Tuesday. The feature has been one of the most requested changes to the social networking service for over a decade. Currently, in order to fix a typo in a tweet, users have to delete it and […]
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Elon Musk’s Twitter board seat raises questions about his plans for the company
BRITTA PEDERSEN | AFP | Getty Images Twitter said on Tuesday that Elon Musk is joining its board. A day earlier, Tesla’s CEO and the world’s richest person disclosed that he’s the social media company’s biggest shareholder. Beyond becoming the latest Silicon Valley drama, investors are trying to figure out what it all means. Twitter’s […]
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