Page 140 - Latest Updates on Elon Musk
Musk's SpaceX signs 1st deal to provide Starlink internet service on planes
According to Space.com, the service will be available later this year to customers of JSX, a charter airline company that plans to equip 100 planes with Starlink-provided inflight Wi-Fi
 "Musk's SpaceX signs 1st deal to provide Starlink internet service on planes")
After years of silencing critics, Musk wants free speech on Twitter
Musk's tweets, public remarks and policies at the businesses he runs, shows little tolerance for speech that's unflattering to him or his companies, or reflects employee criticism of the workplace
 "After years of silencing critics, Musk wants free speech on Twitter")
Musk tears up buyout playbook with $46.5 bn Twitter financing
This will have an impact on Musk's returns, since debt secured against an acquired company can greatly amplify profits
 "Musk tears up buyout playbook with $46.5 bn Twitter financing")
Elon Musk says he has secured $46.5 bn for funding Twitter buyout bid
The 'poison pill' provision will be triggered if Musk (or any other investor) acquires more than 15 per cent of the company's shares. Musk currently owns around 9 per cent of Twitter's shares
 "Elon Musk says he has secured $46.5 bn for funding Twitter buyout bid")
Tesla earnings jump over 7 times in first quarter as users pay more
Musk optimistic about overcoming supply issues, foresees a big 2022 production gain
 "Tesla earnings jump over 7 times in first quarter as users pay more")
Musk confirms $46.5 bn lined up, considers tender offer for Twitter
Musk currently has about $3 billion in cash or other somewhat liquid assets after spending $2.6 billion buying a 9.1 per cent stake in Twitter in recent months, according to calculations
 "Musk confirms $46.5 bn lined up, considers tender offer for Twitter")
Elon Musk scores hat trick of Tesla compensation goals worth $23 billion
Late last year, Musk netted $16.4 billion from selling about 10 per cent of his stake in Tesla to meet tax withholding obligations related to the exercise of stock options
 "Elon Musk scores hat trick of Tesla compensation goals worth $23 billion")
Tesla CEO Elon Musk secures $46.5 bn in funding to buy Twitter
Elon Musk has secured $46.5 billion in funding to buy Twitter Inc and is considering a tender offer for its shares, a filing with U.S. regulators showed
Elon Musk's Boring Company raises $675 million to scale Loop projects
Tech billionaire Elon Musk's Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion.
 "Elon Musk's Boring Company raises $675 million to scale Loop projects")
Tesla robots will be worth more than car business, says Elon Musk
Tesla is working on a humanoid robot and the prototype that will arrive sometime in 2023
 "Tesla robots will be worth more than car business, says Elon Musk")
Musk races to get Twitter bid financing, may pour in $15 bn of own money
Musk is evaluating various packages of debt, including more senior debt known as preferred debt and a loan against his shares of Tesla, the electric carmaker that he runs, two of the people said
 "Musk races to get Twitter bid financing, may pour in $15 bn of own money")
Koo makes algorithms public; pledges commitment to transparency, neutrality
Koo's latest move comes at a time when transparency and free speech concerns have dominated the public narrative around social media platforms such as Twitter
 "Koo makes algorithms public; pledges commitment to transparency, neutrality")
Elon Musk tweets cryptic phrase days after Twitter takeover offer
The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a 'poison pill' to protect itself
Elon Musk tweets another hint of Twitter tender offer, sparks speculation
Musk had earlier posted a tweet with "Love Me Tender," bracketed by musical notes
What is a 'poison pill' strategy & why has Twitter adopted one?
Twitter is trying to fend off a hostile takeover bid by one of its shareholders and world's richest man, Elon Musk. And for this, it has invoked an old strategy called poison pill. What is it?
 "What is a 'poison pill' strategy & why has Twitter adopted one?")
Elon Musk's cryptic 'Love Me Tender' tweet baffles investors
Twitter has hired Goldman Sachs and JPMorgan Chase, the latter of which has sparred previously with Musk over the valuation of millions of dollars in Tesla stock warrants
Twitter stock gains as board plots defense strategy against Musk
The stock rose 3.8% to $46.78 at 1:00 p.m. in New York.
 "Twitter stock gains as board plots defense strategy against Musk")
Musk tweets 'Love Me Tender' days after Twitter takeover offer
Musk tweeted an Elvis Presley song, a day after Twitter Inc adopted a 'poison pill' to protect itself from the billionaire's $43-bn cash offer to buy the social media company
After Musk, co-founder Dorsey also slams Twitter board amid takeover push
Dorsey, who left Twitter in November last year -- handing over the baton to Indian-origin Parag Agrawal -- remains a board member until next month with his 2.2% share
 "After Musk, co-founder Dorsey also slams Twitter board amid takeover push")
Tesla stockholders ask judge to silence CEO Elon Musk in fraud case
Musk, during an interview Thursday at the TED 2022 conference, said he had the funding to take Tesla private in 2018
 "Tesla stockholders ask judge to silence CEO Elon Musk in fraud case")