Elon Musk’s $44 billion acquisition of Twitter closed on Thursday according to a number of media studies citing nameless sources, even as the corporation by itself and Musk retained mum on the issue. Reviews surfaced before on Thursday that many users of Twitter’s senior leadership experienced been summarily fired, like […]
Musk
It’s not just Elon Musk: Here’s who else at Tesla has been selling the stock
The dollar value of his sale is dwarfed by his brother Elon’s sale of $5.7 billion worth of Tesla stock from Monday through Thursday this week. But it represented a much larger percentage of his holdings in Tesla (TSLA) — about 15% of Kimbal’s stake in the company. Elon’s stake […]
Elon Musk is now worth more than ExxonMobil
As of Monday’s close, Musk’s net worth was $289 billion, according to the Bloomberg Billionaires Index, which surpasses the $272 billion market value of ExxonMobil (XOM), the company most associated with the fossil fuel industry he’s seeking to destroy. The Tesla CEO’s jump in worth can be attributed to two […]
Bitcoin price drops around 12% after Elon Musk tweets that Tesla will not accept it as payment
Bitcoin was down around 12% early Thursday morning ET — bringing the coin’s price down to about $50,900, according to cryptocurrency news website Coindesk. Musk cited the cryptocurrency’s high environmental cost as reason for the move, after months of being bullish on it. “We are concerned about rapidly increasing use […]