Elon Musk
Elon Musk expected to serve as temporary Twitter CEO after deal closes
Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan. Rebecca Cook | Reuters Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company, sources told CNBC’s David Faber. An SEC […]
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Tesla bull Ron Baron says Musk got an ‘incredibly cheap’ deal on Twitter
Ron Baron Cameron Costa | CNBC Ron Baron, one of Tesla’s largest shareholders and CEO of Baron Capital, suggested Thursday that Musk got a good deal on his Twitter acquisition, after earlier calling the Tesla CEO’s involvement in the company “meaningless.” In a statement to CNBC’s Becky Quick, Baron said that, after doing two days […]
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SpaceX adds $25 monthly fee for users to temporarily change Starlink locations
Elon Musk’s SpaceX rolled out a $25 monthly fee this week for customers who seek to relocate their Starlink internet service satellite dishes. “Portability enables customers to temporarily move their Starlink to new locations and receive high-speed internet anywhere Starlink provides active coverage within the same continent,” SpaceX wrote in an email to customers on […]
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Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a Twitter thread, arguing that passive investments […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to drop after a strong Fed-driven relief 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 […]
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Stocks making the biggest moves premarket: Twitter, SeaWorld, Shopify and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the company. An SEC filing shows Oracle co-founder Larry Ellison and investor Ron Baron are among those committing funds. SeaWorld (SEAS) – The […]
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Larry Ellison, crypto exchange Binance back Elon Musk’s $44 billion bid to buy Twitter
Oracle chairman of the board and chief technology officer Larry Ellison. Justin Sullivan | Getty Images A new filing shows that Oracle co-founder Larry Ellison, venture capital firm Sequoia and crypto exchange platform Binance are among a cohort of investors that plan to support Elon Musk’s $44 billion Twitter takeover. The SEC filing, published Thursday, […]
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Bill Gates questions Elon’s Musk’s goals with Twitter: ‘He could make it worse’
Bill Gates attends the World Leaders’ Summit “Accelerating Clean Technology Innovation and Deployment” session on day three of COP26 on November 02, 2021 in Glasgow, Scotland. Jeff J Mitchell | Getty Images News | Getty Images Bill Gates has warned that Elon Musk could make Twitter “worse” after the Tesla CEO pledged to buy the […]
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Here’s what a former Twitter engineering head thinks about Elon Musk’s plan
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images The following is a selection from Big Technology, a newsletter by Alex Kantrowitz. To get it in your inbox each week, you can sign up […]
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Elon Musk Twitter profile change briefly sends token of Bored Ape NFT project soaring
The Bored Ape NFT collection has garnered a cult-like following since its inception in April 2021. Jakub Porzycki | Nurphoto | Getty Images Elon Musk on Wednesday changed his profile picture on Twitter to an image featuring various avatars from the Bored Ape non-fungible token collection, sending the price of the project’s digital token soaring. […]
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