Elon Musk puts $44billion Twitter acquisition deal on hold over fake account data

Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20% in premarket trading, but after Musk, the chief executive of electric car market… Read More Elon Musk puts $44billion Twitter acquisition deal on hold over fake account data

Twitter chief executive Elon Musk says platform might charge fee for commercial and government users

Elon Musk said on Tuesday Twitter Inc might charge a “slight” fee for commercial and government users, part of the billionaire entrepreneur’s push to grow revenue which has lagged behind larger rivals like Meta Platforms Inc’s Facebook. “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users,” Musk said… Read More Twitter chief executive Elon Musk says platform might charge fee for commercial and government users

Billionaire entrepreneur Elon Musk acquires Twitter in $44billion cash deal

Elon Musk clinched a deal to buy Twitter Inc. for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person. It is a seminal moment for the 16-year-old company, which emerged as one of the… Read More Billionaire entrepreneur Elon Musk acquires Twitter in $44billion cash deal

Billionaire entrepreneur Elon Musk makes $43billion cash offer for takeover of Twitter

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech. “I think it’s very important for there to be an inclusive arena for free… Read More Billionaire entrepreneur Elon Musk makes $43billion cash offer for takeover of Twitter

British billionaire Richard Branson flies to space aboard Virgin Galactic flight

British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his Virgin Galactic rocket plane and safely returned in the vehicle’s first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago. Branson, one of six Virgin Galactic Holding Inc employees… Read More British billionaire Richard Branson flies to space aboard Virgin Galactic flight

Tesla chief executive Elon Musk says company will no longer accept Bitcoin as payment for vehicle purchases

Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns for a swift reversal in the company’s position on the cryptocurrency. Bitcoin fell more than 10% after Musk tweeted his decision to suspend its use, less than two months after Tesla began accepting the… Read More Tesla chief executive Elon Musk says company will no longer accept Bitcoin as payment for vehicle purchases

SpaceX accepts dogecoin as payment for lunar mission next year

SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment. Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, with the statement not disclosing the mission’s financial value. “We’re excited to launch DOGE-1 to the Moon!”,… Read More SpaceX accepts dogecoin as payment for lunar mission next year

Tesla says car cameras not activated outside North America

Cameras in Tesla cars are not activated outside of North America, the U.S. automaker said on its Chinese social media page on Wednesday, seeking to assuage security concerns in the world’s biggest car market. Tesla faces scrutiny in China where the military in March banned Tesla cars from entering its complexes, citing security concerns over… Read More Tesla says car cameras not activated outside North America