Tag: Elon Musk Twitter

Elon Musk May Be Ordered To Testify Again In US Regulator’s Twitter Takeover Probe

May 9, 2024 admin

The probe concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter. San Francisco: A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission’s investigation into his $44 billion takeover of Twitter. Lawyers for the billionaire appeared in…

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Elon Musk After Tesla Wins Autopilot Trial Involving Fatal Crash

November 1, 2023 admin

Tesla argued that human error caused the crash. Tesla on Tuesday was cleared by a court in the 2019 fatal Model 3 crash that took place in Los Angeles, US, involving its advanced driver-assistance system, Autopilot. The case was filed by two passengers who accused the company of knowing Autopilot was defective when it sold…

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Why X’s Valuation Dropped Under Elon Musk

October 31, 2023 admin

Elon Musk bought the microblogging site for $44 billion in 2022. Billionaire Elon Musk’s platform X, which was formerly known as Twitter, is now valued at less than half of what he purchased it for, a year ago. Mr Musk has earlier acknowledged that he had overpaid for Twitter, which he bought for $44 billion,…

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Elon Musk borrowed $1 billion from SpaceX in same month of Twitter buyout: WSJ

September 6, 2023 admin

File photo of Twitter and SpaceX owner Elon Musk | Photo Credit: Reuters SpaceX CEO Elon Musk tapped the rocket maker for a $1 billion loan around the time he was acquiring social media company Twitter, now known as X, the Wall Street Journal reported on Tuesday. SpaceX approved the loan, which was backed by…

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Elon Musk Criticised At Video Game Competition: “Bring Back Twitter”

August 30, 2023 admin

Elon Musk attended the video game event with one of his sons. Elon Musk faced a lot of criticism when he took over social media platform Twitter (now known as X) last year. He rebranded the platform in pursuit of the “everything app” for which he received mixed reviews from social media users. But on…

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