Elon Musk
Fidelity Increases X Valuation by 32%, Still Far Below Musk’s Purchase Price
Fidelity raised the valuation of its stake in X (formerly Twitter) by 32.37% in October, yet the company is still valued at 72% less than the $44 billion Elon Musk paid for it in 2022, according to Axios. This adjustment…
Democratic Senators Call for Investigation Into Elon Musk’s Russian Connections
Two senior Democratic senators have called for a federal investigation into reports of Elon Musk’s communications with Russian officials, including President Vladimir Putin. In a letter to U.S. Attorney General Merrick Garland and the Pentagon’s inspector general, the senators raised…
Musk Files Amended Lawsuit Against OpenAI and Microsoft
Elon Musk has filed an amended lawsuit against OpenAI, naming Microsoft, LinkedIn co-founder Reid Hoffman, and former OpenAI board member Dee Templeton as new defendants. Musk accuses OpenAI and Microsoft of engaging in anticompetitive practices and attempting to monopolize the…
Musk Meets Iranian Ambassador, Says NYT
Elon Musk, the American entrepreneur and billionaire, who has been chosen to lead the newly created Department of Government Efficiency in President-elect Donald Trump’s administration, reportedly met with Iran’s UN ambassador Amir Saeid Iravani on Monday. The meeting, which lasted…