Musk says owning Twitter ‘painful’ but needed to be done
1 year, 8 months ago

Musk says owning Twitter ‘painful’ but needed to be done

Associated Press  

LONDON — Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year. After buying Twitter for $44 billion last year, Musk’s changes included eliminating the company’s communiciations department. Musk predicted that Twitter could become “cash flow positive” in the current quarter “if current trends continue.” Because Twitter is a private company, information about its finances can’t be verified. It’s like if the whole ship sinks, then nobody’s got a job.” Asked if he regretted buying the company, he said it was something that “needed to be done.” “The pain level of Twitter has been extremely high.

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Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases
1 week, 3 days ago

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases

Associated Press  

DETROIT — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter posted by Musk on the platform now called X, his lawyer Alex Spiro …

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Trending News
1 week, 4 days ago

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges

CNN  

New York CNN — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his initial …

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale
Trending News
4 weeks ago

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale

Live Mint  

Can Elon Musk make a run at acquiring MSNBC? Musk, who hasn’t been shy about his criticisms of MSNBC, calling the network “utter scum of the Earth," fueled that story line in an exchange on X, the social-media platform he owns. “We are looking forward to the planned spin of our cable networks, which will create a new company owned …

'It's bad!' CNN panelist uses Elon Musk's own resume to shut down Republican's praise
4 weeks, 1 day ago

'It's bad!' CNN panelist uses Elon Musk's own resume to shut down Republican's praise

Raw Story  

New York Times journalist Lulu Garcia-Navarro on Monday shut down Republican operative Matt Gorman's praise of X CEO Elon Musk over his ambitions to drastically alter the federal government. During a panel discussion on CNN, Gorman argued that Musk and his so-called "Department of Government Efficiency" would find ways to "make government work better" — and then added that he …

"How much does it cost?": Musk jokes about buying MSNBC from Comcast
Trending News
1 month ago

"How much does it cost?": Musk jokes about buying MSNBC from Comcast

Salon  

Elon Musk joked that he was mulling a purchase of liberal-leaning cable news network MSNBC in a post to X on Friday. Musk chimed in about the potential sale of the Trump-averse network after being alerted to it on X, a social media company he also owns, by Donald Trump Jr. Trump Jr. pitched a purchase to Musk as the …

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'
1 month ago

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'

India Today  

The rivalry between Tesla and SpaceX CEO Elon Musk and Amazon founder Jeff Bezos has once again come into the spotlight. Musk recently claimed on social media platform X, formerly Twitter, that Bezos had advised people to sell their Tesla and SpaceX shares, predicting Donald Trump's electoral defeat. In a post on X, Musk wrote, "Just learned tonight at Mar-a-Lago …

‘Toxic’: Leading UK media house decides to stop posting on Elon Musk-led X
1 month, 1 week ago

‘Toxic’: Leading UK media house decides to stop posting on Elon Musk-led X

Hindustan Times  

The Guardian, one of the United Kingdom's leading news outlets, on Wednesday announced that it was quitting Elon Musk-owned social media platform X, branding it a "toxic media platform" home to "often disturbing content". In its official statement, the newspaper said that the "toxic content" that was allowed to be fostered in the platform during the US presidential election campaign …

Twitter: Want to fight Donald Trump and Elon Musk? Delete your X accounts.
1 month, 2 weeks ago

Twitter: Want to fight Donald Trump and Elon Musk? Delete your X accounts.

Slate  

By the time Elon Musk closed his $44 billion purchase of Twitter in October 2022, aided in large part by a mafia of big banks and reactionary hedge fund owners, he’d already made quite clear what his new political project was going to be. He’d been egged on throughout the year by a coterie of far-right influencers and yes-men who …

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom
54 years, 11 months ago

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Wired  

In the final lead-up to the US presidential election, Elon Musk has thrown the full weight of his celebrity and his resources behind former president and Republican nominee Donald Trump. “In a race to the bottom, Elon Musk paved the way for a new, toxic tech basement,” says Nora Benavidez, senior counsel at the nonprofit Free Press. “Yet, as long …

Twitter brain drain: Academic exodus followed Elon Musk’s takeover
2 months ago

Twitter brain drain: Academic exodus followed Elon Musk’s takeover

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s takeover of Twitter in 2022 triggered an exodus of academics from …

"Misinformation superspreaders": Elon Musk is personally boosting conspiracy theorists on X
2 months, 3 weeks ago

"Misinformation superspreaders": Elon Musk is personally boosting conspiracy theorists on X

Salon  

Tesla CEO Elon Musk is a prolific spreader and amplifier of misinformation on his social media platform X, formerly Twitter, a new report alleges. Two other accounts that experienced massive boosts from Musk either amplified or outright invented conspiracy theories suggesting that Vice President Kamala Harris’ campaign adopted a Nazi slogan; that Ukraine sold weapons to Hamas; and that Venezuelan …

Elon Musk ditched by his own employees? Tesla, SpaceX and X workers donate more to Trump's rival Kamala Harris
3 months ago

Elon Musk ditched by his own employees? Tesla, SpaceX and X workers donate more to Trump's rival Kamala Harris

Hindustan Times  

Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at his collection of companies are largely donating to Trump's Democratic rival Kamala Harris. Employees at Elon Musk's rocket company SpaceX have donated $34,526 to Harris versus $7,652 to Donald Trump. Workers at Tesla have contributed $42,824 to Harris' presidential campaign …

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’
3 months, 1 week ago

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’

LA Times  

Elon Musk’s ownership of Twitter is the subject of a new book, “Character Limit: How Elon Musk Destroyed Twitter,” out Sept. 17. On the Shelf Character Limit: How Elon Musk Destroyed Twitter By Kate Conger and Ryan Mac Penguin Press: 480 pages, $32 If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose …

Elon Musk's X cites exactly when they are shutting down San Francisco HQ
3 months, 3 weeks ago

Elon Musk's X cites exactly when they are shutting down San Francisco HQ

Hindustan Times  

Elon Musk's X, the social media platform formerly known as Twitter, has announced the official closure date of its San Francisco headquarters, marking the end of an era for the company that began in the city nearly two decades ago. FILE PHOTO: 'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as …

How X owner Elon Musk uses his social platform to amplify his right-wing views
4 months, 1 week ago

How X owner Elon Musk uses his social platform to amplify his right-wing views

Associated Press  

As X’s owner and most followed user, Elon Musk has increasingly used the social media platform as a megaphone to amplify his political views and, lately, those of right-wing figures he’s aligned with. And he accused a political party in his native South Africa of “openly pushing for genocide of white people.” “Elon Musk is a master of the media …

Elon Musk spent billions to destroy Twitter. Now he’s unleashing Trump on X
4 months, 1 week ago

Elon Musk spent billions to destroy Twitter. Now he’s unleashing Trump on X

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trump fired off several X posts on Monday …

Elon Musk sued by former Twitter board member Omid Kordestani over shares
4 months, 1 week ago

Elon Musk sued by former Twitter board member Omid Kordestani over shares

The Hindu  

X owner Elon Musk was sued by a former Twitter board member, Omid Kordestani, who said he was owed more than $20 million in shares that the billionaire had not given him, per The New York Times. In 2022, when billionaire Elon Musk proceeded to buy the social media platform for around $44 billion, Kordestani helped in the process. However, …

Why Bernie Sanders is thanking Elon Musk
5 months ago

Why Bernie Sanders is thanking Elon Musk

Raw Story  

U.S. Sen. Bernie Sanders on Tuesday took the unusual step of applauding Elon Musk—but not for reasons that the Tesla CEO and world's richest man would likely find flattering. In the wake of reports indicating that Musk plans to inject $45 million per month into a new super PAC supporting former President Donald Trump's bid for another four years in …

Elon Musk beats $500m severance lawsuit by fired Twitter workers
5 months, 2 weeks ago

Elon Musk beats $500m severance lawsuit by fired Twitter workers

Al Jazeera  

The US judge said the federal law governing benefit plans did not cover the former employees’ claims. United States District Judge Trina Thompson in San Francisco, California ruled on Tuesday that the federal Employee Retirement Income Security Act governing benefit plans did not cover the former employees’ claims, and therefore she lacked jurisdiction. The case is one of many accusing …

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
5 months, 2 weeks ago

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Hindustan Times  

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake. Investors in the proposed class action said Musk and his wealth manager Jared Birchall knew a U.S. Securities and Exchange …

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X
6 months ago

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last year, Elon Musk …

Engineers sue Elon Musk and SpaceX, saying the company mirrored his juvenile, crude X posts
6 months, 1 week ago

Engineers sue Elon Musk and SpaceX, saying the company mirrored his juvenile, crude X posts

LA Times  

Elon Musk, shown at a Hollywood event in April, is the subject of a lawsuit that spotlights crude social media posts and alleges retaliatory firings. In one post highlighted in the complaint, Musk posted to Chad Hurley, the former CEO of YouTube, “if you touch my wiener, you can have a horse.” In another instance, he posted a picture of …

Elon Musk's new target is ‘cringe’ LinkedIn: ‘It will make your toenails curl’
6 months, 3 weeks ago

Elon Musk's new target is ‘cringe’ LinkedIn: ‘It will make your toenails curl’

Hindustan Times  

Elon Musk, Tesla and SpaceX CEO, criticised job search platform LinkedIn which is owned by Microsoft. The remarks from the billionaire came in response to a post by a user named Alex Cohen who expressed his dislike for the job search platform and said, "I hate LinkedIn with a passion". Elon Musk acquiesced with the user and wrote, "LinkedIn is …

Jack Dorsey does not think Elon Musk is erratic as he stopped this 'critical sin' at Twitter
7 months, 2 weeks ago

Jack Dorsey does not think Elon Musk is erratic as he stopped this 'critical sin' at Twitter

Hindustan Times  

You think Elon Musk is unpredictable? Defending his fellow billionaire's approach, the former Twitter CEO said that Elon Musk laying off employees and dumping advertisers makes sense as he is more focussed on free speech on the microblogging platform. In an interview, Jack Dorsey said that Elon Musk is attempting to create a bastion for free speech and Twitter chose …

Why Elon Musk needs lawyer approval to tweet about his own company Tesla
7 months, 3 weeks ago

Why Elon Musk needs lawyer approval to tweet about his own company Tesla

Hindustan Times  

The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some social media posts that relate to Tesla, the electric vehicle company he leads. SpaceX, Twitter and electric car maker Tesla CEO Elon Musk reacts as he visits the Vivatech technology startups and innovation …

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla
8 months, 1 week ago

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electric vehicle powerhouse Tesla …

Ex-Stability AI boss feels Elon Musk is right about one thing: 'Being a CEO sucks'
8 months, 3 weeks ago

Ex-Stability AI boss feels Elon Musk is right about one thing: 'Being a CEO sucks'

Hindustan Times  

Stability AI's former boss Emad Mostaque said that Elon Musk was right about the idea that being a CEO isn't fun. Elon Musk on being a CEO Elon Musk said in a Lex Fridman podcast in 2022 that he had a friend who said "starting a company is like staring into the abyss and eating glass. Running companies hurts my …

OpenAI says Musk agreed the ChatGPT maker should become a for-profit company
9 months, 2 weeks ago

OpenAI says Musk agreed the ChatGPT maker should become a for-profit company

Associated Press  

Elon Musk supported making OpenAI a for-profit company, the ChatGPT maker said, attacking a lawsuit from the wealthy investor who has accused the artificial intelligence business of betraying its founding goal to benefit humanity as it pursued profits instead. “The mission of OpenAI is to ensure AGI benefits all of humanity, which means both building safe and beneficial AGI and …

Explosive book claims Elon Musk bought Twitter, fired former CEO Parag Agrawal for a petty reason
10 months, 1 week ago

Explosive book claims Elon Musk bought Twitter, fired former CEO Parag Agrawal for a petty reason

Firstpost  

In a rather explosive proclamation, an investigative book that follows the messy acquisition of Twitter by Elon Musk claims that the now CTO of X bought the social media platform and fired former Twitter CEO Parag Agrawal because of Elon Musk’s feud with a college student which was tracking his private jet. According to excerpts from “Battle for the Bird,” …

Elon Musk dismisses reports about AI company’s $500 mn funding as ‘fake news’
11 months ago

Elon Musk dismisses reports about AI company’s $500 mn funding as ‘fake news’

Live Mint  

Tech billionaire Elon Musk has dismissed reports on the $500 million worth of funding plans for his artificial intelligence start-up xAI through posts on social media site X. Replying separately to two users on the site, Musk told one user the information was "simply not accurate" and called the original Bloomberg report "fake news" in reply to another. Contradictory Reports …

Elon Musk Is Realizing He Should Have Bought TikTok
11 months, 1 week ago

Elon Musk Is Realizing He Should Have Bought TikTok

Slate  

Elon Musk’s original sin with Twitter is that he forgot how expensive an ideological conquest can be. Ever since Twitter’s old board of directors forced him to close that fall, Musk has been in a push-and-pull between two areas of his brain: One part has told him to save Twitter from the woke mind virus and protect free speech for …

Elon Musk's X shed 1,000 employees across team tasked to combat online hate
11 months, 1 week ago

Elon Musk's X shed 1,000 employees across team tasked to combat online hate

Hindustan Times  

Amid rise in "hateful and toxic" content on the platform, Elon Musk's X told an Australian watchdog that it has shed around 1,000 employees from its 'safety' team, which is responsible for stopping abusive content online. The online regulator said that Elon Musk's takeover of X, formerly Twitter, coincided with a spike in "toxicity and hate" on the platform. The …

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.
1 year ago

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.

Slate  

What does Elon Musk want with Twitter? Yes, Musk had said he didn’t “care about the economics at all” and that buying Twitter was a matter of his ideological commitment to free speech. Antagonizing his old advertisers points in the exact same direction that Musk’s boring endorsement of antisemitism pointed: He is no longer interested in salvaging Twitter as a …

Elon Musk's X reprimanded after disinformation safety feature scrapped
1 year ago

Elon Musk's X reprimanded after disinformation safety feature scrapped

ABC  

An independent committee has found that X, formerly Twitter, was in breach of Australia's voluntary misinformation and disinformation code, and has withdrawn it as a signatory. Key points: X removed the mechanism for reporting misinformation posted on its platform The ability to report misinformation is a key tenet of the ACPDM code The code is voluntary X removed the mechanism …

Elon Musk says he bought X to save humanity from ‘zombie apocalypse’
1 year, 1 month ago

Elon Musk says he bought X to save humanity from ‘zombie apocalypse’

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk has claimed …

Elon Musk’s Twitter purchase finally helped these obsessives quit.
1 year, 1 month ago

Elon Musk’s Twitter purchase finally helped these obsessives quit.

Slate  

For years, Twitter had the reputation of being an insulated pocket reality for journalists, wonks, and especially wonky journalists. I’d love for it to fill that role someday.” —Cory Smith, who works in public policy A Few Days After the Sale, When Trolls and Racists Arrived En Masse to See What They Could Get Away With “I joined Twitter around …

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline
1 year, 1 month ago

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline

The Hindu  

One year ago, billionaire and new owner Elon Musk walked into Twitter's San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend on it the …

Elon Musk bought Twitter one year ago. Here’s everything he broke there.
1 year, 1 month ago

Elon Musk bought Twitter one year ago. Here’s everything he broke there.

Slate  

He didn’t want to, but Elon Musk closed his purchase of Twitter one year ago. The lawyers representing Twitter’s outgoing board of directors were better than Musk’s—or, maybe more accurately, had a close-to-ironclad case against a reputably brilliant billionaire who tried to call “backsies!” on a contract he’d inked. Related From Slate The Elon Effect Is Real: Twitter Users Are …

Twitter takeover: 1 year later, X struggles with advertising, usage
1 year, 1 month ago

Twitter takeover: 1 year later, X struggles with advertising, usage

Associated Press  

SAN FRANCISCO — One year ago, billionaire and new owner Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend …

One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets
1 year, 1 month ago

One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets

Live Mint  

The banks that financed Elon Musk’s $44 billion purchase of Twitter are still struggling a year later to contain the damage to their balance sheets. Seven banks including Morgan Stanley, Bank of America and Barclays lent Musk around $13 billion to buy Twitter a year ago this coming Friday. But investor appetite for Twitter, which Musk has since renamed X, …

Twitter really is losing users under Elon Musk.
54 years, 11 months ago

Twitter really is losing users under Elon Musk.

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. Since Musk bought Twitter in October 2022, it’s lost approximately 13 percent of its app’s daily active users, according to new data from mobile research firm Apptopia, and its rebrand as X only accelerated the decline. Under his stewardship, X’s daily user base has declined from an estimated 140 …

The chaos at X since Elon Musk’s takeover has gotten worse
1 year, 2 months ago

The chaos at X since Elon Musk’s takeover has gotten worse

Al Jazeera  

A flood of fake news, multiple changes in policies may keep advertisers off X, threatening its business model. “ erosion of trust, both from users and advertisers, coupled with the heightened risk of disinformation and misinformation, should cause worry for X’s future prospects,” said Zachary Weiner, CEO of communications agency Emerging Insider which focuses on media, publishers, and the entertainment …

Linda Yaccarino said X/Twitter is cash-flow positive minus debt payments. Let’s talk about those!
54 years, 11 months ago

Linda Yaccarino said X/Twitter is cash-flow positive minus debt payments. Let’s talk about those!

Slate  

Elon Musk has all the money in the world, but most of it is tied up in stock he’s not really supposed to get rid of. Interest rates have gone up, and Musk has behaved in ways that make Twitter look like a bad business bet, so the banks have had a hard time selling Musk’s debt to investors who …

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price
1 year, 2 months ago

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price

LA Times  

It’s been nearly a year since Elon Musk acquired Twitter, and more than the average landlord, he’s made some changes to the storefront: replacing the social media platform’s cheerful winged mascot with an ominous “X,” stripping all but paying subscribers of verified status, and turning it from a frenetic crossroads of breaking news and opinion to a playground for falsehoods …

Twitter's head of safety was scared of Elon Musk if they ended on bad terms, left without severance
1 year, 2 months ago

Twitter's head of safety was scared of Elon Musk if they ended on bad terms, left without severance

India Today  

When Elon Musk took over Twitter last year, a lot was written about how he was shaking up things inside the Twitter headquarters and began firing people left, right and center. Several Twitter employees also stepped down voluntarily under Musk’s rule and Twitter’s head of safety, Yoel Roth, was one of them. According to Elon Musk’s biography that was launched …

Elon Musk must face fraud lawsuit for disclosing Twitter stake late
1 year, 2 months ago

Elon Musk must face fraud lawsuit for disclosing Twitter stake late

The Hindu  

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 had invested in the social media company, which he later bought and renamed X. In a decision made public on Monday, US District Judge Andrew Carter said shareholders in the …

X CEO Yaccarino says Musk-owned platform could turn a profit next year
1 year, 2 months ago

X CEO Yaccarino says Musk-owned platform could turn a profit next year

The Hindu  

Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company's progress under billionaire owner Elon Musk. When asked about third-party estimates that showed X's active app users have fallen to 25th place behind Samsung's clock app, Yaccarino said key metrics around …

Elon Musk-owned X could turn a profit by 2024: CEO Linda Yaccarino
1 year, 2 months ago

Elon Musk-owned X could turn a profit by 2024: CEO Linda Yaccarino

Hindustan Times  

Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company's progress under billionaire owner Elon Musk. X Chief Executive Officer Linda Yaccarino The appearance at Vox Media's Code conference comes as Yaccarino marked 100 days as CEO of the platform formerly …

Elon Musk says Twitter moving to ‘small’ monthly subscription to get rid of ‘vast armies of bots’
1 year, 3 months ago

Elon Musk says Twitter moving to ‘small’ monthly subscription to get rid of ‘vast armies of bots’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk said X is looking to charge users a “small monthly payment” …

What You Get When You Go Into Business With Elon Musk
54 years, 11 months ago

What You Get When You Go Into Business With Elon Musk

Slate  

Around the time he was buying Twitter last year, Elon Musk borrowed a billion dollars from a different company he owns: SpaceX, which makes rockets. So he might get a lot of things he wants, even if those things don’t seem like they’ll provide much of a benefit to any shareholder of Company B except for, you know, Musk himself. …

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