Tag Archives: Musks

Elon Musk?s AI startup raises further $6 billion

Elon Musk?s AI startup raises further $6 billion

Billionaire tech mogul Elon Musk’s artificial intelligence startup, xAI, has raised $6 billion in its latest funding round, securing investments from US venture capitalists, chipmakers NVIDIA and AMD, as well as investment funds from Saudi Arabia and Qatar. The funding comes as xAI seeks to establish itself in the competitive AI market dominated by players like OpenAI.   xAI, which …

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Elon Musk’s record $56bn Tesla pay deal rejected for second time

Elon Musk's record $56bn Tesla pay deal rejected for second time

Getty Images Tesla chief executive Elon Musk’s record-breaking $56bn (£47bn) pay award will not be reinstated, a judge has ruled. The decision in the Delaware court comes after months of legal wrangling and despite it being approved by shareholders and directors in the summer. Judge Kathaleen McCormick upheld her previous decision from January, in which she argued that board members …

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Elon Musk?s SpaceX set for test flight of the most powerful launch vehicle ever built

Elon Musk?s SpaceX set for test flight of the most powerful launch vehicle ever built

Just weeks after SpaceX stunned the world with a precision landing of a giant rocket booster, the company is preparing for another test flight of the most powerful launch vehicle ever built.   SpaceX will again attempt the rocket movement that involves steering the booster back into the mechanical arms or “chopsticks” of a launch tower.   The nearly 400-foot-tall …

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X is a toxic media platform – Guardian paper announces it will no longer post on Elon Musk?s X

X is a toxic media platform - Guardian paper announces it will no longer post on Elon Musk?s X

The Guardian has announced it will no longer post content on Elon Musk’s social media platform, X, from its official accounts.   In an announcement to readers on Wednesday, November 13, the news organisation said it considered the benefits of being on the platform formerly called Twitter were now outweighed by the negatives, citing the “often disturbing content” found on …

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The Guardian stops posting on Elon Musk’s ‘toxic’ X

The Guardian stops posting on Elon Musk's 'toxic' X

British newspaper group the Guardian has announced it will no longer post on X, formerly Twitter, saying it has become a “a toxic media platform”. In a message to readers, it said the US presidential election “underlined” its concerns that its owner, Elon Musk, had been able to use X to “shape political discourse.” Mr Musk strongly backed Donald Trump …

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Elon Musk?s estranged trans daughter announces she?s leaving the US after Trump win

Elon Musk?s estranged trans daughter announces she?s leaving the US after Trump win

Elon Musk’s estranged trans daughter has vowed to leave the United States following President-elect Donald Trump’s historic win.  Vivan Jenna Wilson, 20, cut ties with father in 2022, when she filed a petition to change her gender and to drop Musk’s last name.  Now, she wants to cut ties with the US after Trump’s re-election. Her father was an outspoken …

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Elon Musk?s wealth increases by $13bn after Trump?s win

Elon Musk?s wealth increases by $13bn after Trump?s win

Elon Musk, CEO of Tesla and owner of X (formerly Twitter), saw his fortune surge by around $13 billion just hours after his ally, Donald Trump, won the U.S. presidential election. Investors were quick to predict that Trump’s victory could bring favorable conditions for Musk’s primary venture, Tesla (TSLA), causing shares to jump by 13% at Wednesday’s market open, according …

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Tesla shares leap as Trump win sets stage for Musk’s EV business

Tesla shares leap as Trump win sets stage for Musk's EV business

Shares of Tesla have jumped following an election result that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race. ADVERTISEMENT Tesla stands to make significant gains under a Trump administration due to its size, with the expectation that subsidies for alternative energy …

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Musk’s Tesla probed by US over safety of self-driving software

Musk's Tesla probed by US over safety of self-driving software

The US agency in charge of regulating road safety revealed Friday that they are probing Tesla’s self-driving software systems. The evaluation by the National Highway Traffic Safety Administration (NHTSA) covers 2.4 million Tesla vehicles across multiple models manufactured between 2016 and 2024. NHTSA’s action is the first step toward any potential recall that the agency might seek against the company, …

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