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Elon Musk’s SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, the Financial Times reported on Friday, citing people with knowledge of the discussions. The tender offer would value SpaceX at more than $250 billion, according to the report. SpaceX did not immediately…
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Elon Musk was ordered by a US judge to face most of a lawsuit claiming he defrauded former Twitter shareholders. (File) | Photo Credit: AP Elon Musk was ordered by a US judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose that he…
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US government says Elon Musk should not be immune to testifying about X Corp. (File) | Photo Credit: REUTERS The US government says the former Twitter’s request to end oversight of its data privacy and security practices is “meritless” and owner Elon Musk should not be immune to testifying about the company since he has…
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