Page 32 - Latest Updates on Elon Musk
Morgan Stanley set to sell $3 billion of X debt without any discount
It is the third transaction in a frenetic period of less than a month, during which Morgan Stanley led a group of seven Wall Street banks to sell a total of $6.5 billion in X debt
 "Morgan Stanley set to sell $3 billion of X debt without any discount")
Elon Musk's all-cash bid for startup undercuts legal attack, says OpenAI
Altman has spurned the buyout offer, saying the company is not for sale
 "Elon Musk's all-cash bid for startup undercuts legal attack, says OpenAI")
Elon Musk's X agrees to pay about $10 million to settle Trump's lawsuit
That makes X the second social media platform to settle with Trump over the suspension of his accounts following the storming of the US Capitol by his supporters in January 2021
 "Elon Musk's X agrees to pay about $10 million to settle Trump's lawsuit")
PM Modi to meet Musk in US, Starlink's entry in India likely on agenda
Musk in December said Starlink satellite internet was inactive in India after authorities seized two of the company's devices, one in an armed conflict zone and another in a drug smuggling bust
 "PM Modi to meet Musk in US, Starlink's entry in India likely on agenda")
Could China's Spacesail dethrone Elon Musk's Starlink? All you need to know
Spacesail recently partnered with Malaysia's Measat and Brazilian state telecom Telebras. The Chinese internet service provider might fill the gap that Musk's starlink couldn't
 "Could China's Spacesail dethrone Elon Musk's Starlink? All you need to know")
Sam Altman slams Elon Musk: 'I feel for him, don't think he's happy'
Sam Altman dismisses Elon Musk's $97.4 billion takeover bid, saying it's just another tactic to slow OpenAI down, adding, 'I feel for him. I don't think he's a happy person'
 "Sam Altman slams Elon Musk: 'I feel for him, don't think he's happy'")
Is Elon Musk taking over the US govt: Here's how state capture works
Musk's aim could be to capture different pieces of the US government and turn the state into a tool for wealth extraction
 "Is Elon Musk taking over the US govt: Here's how state capture works")
Elon Musk, other Trump allies ratchet up a rhetoric against US judiciary
Musk took to his X social media platform to attack the judge who ordered US health agencies to temporarily restore websites they took offline in response to an executive order by Trump
 "Elon Musk, other Trump allies ratchet up a rhetoric against US judiciary")
Tackling debt: Trump 2.0 actions, inactions to revive the US economy
Trump told reporters that the effort to slash spending could cut $1 trillion from the federal budget, which totaled $6.75 trillion in the most recent fiscal year
 "Tackling debt: Trump 2.0 actions, inactions to revive the US economy")
Elon Musk appears at WH defending DOGE's work but acknowledging mistakes
Musk stood next to the Resolute Desk with his young son as Trump praised Musk's work with his Department of Government Efficiency to slash spending
President Trump directs federal job cuts as Musk defends downsizing
Agencies will be permitted to hire no more than one employee for every four workers leaving the government, the document said
 "President Trump directs federal job cuts as Musk defends downsizing")
Elon Musk's bid to control OpenAI complicates for-profit transition
Musk, who has since launched a rival AI firm, has fired off angry posts about Altman on his social media platform, filed two lawsuits against the company for straying from its founding principles
 "Elon Musk's bid to control OpenAI complicates for-profit transition")
Starlink got $1 mn from USAID over 4 yrs, now Musk is shutting it down
US President Donald Trump has frozen billions in international aid, leaving USAID-funded projects, including Starlink deployments, in limbo
 "Starlink got $1 mn from USAID over 4 yrs, now Musk is shutting it down")
'Swindler, Scam Altman': Musk hits back after OpenAI buyout rejection
A consortium of investors, led by Elon Musk, had made an unsolicited bid of $97.4 billion to purchase the non-profit overseeing OpenAI
 "'Swindler, Scam Altman': Musk hits back after OpenAI buyout rejection")
Why Kanye West's social posts led to his X account deletion by Elon Musk
Kanye West's X account was deleted after a series of controversial posts, including anti-Semitic remarks and explicit content. Elon Musk confirmed the account was removed due to NSFW content
 "Why Kanye West's social posts led to his X account deletion by Elon Musk")
Judge set to rule on Justice dept's demand for Musk's access to Treasury
Justice Department attorneys from Washington and New York told Vargas in a filing on Sunday that the ban was unconstitutional and a remarkable intrusion
 "Judge set to rule on Justice dept's demand for Musk's access to Treasury")
Morgan Stanley sets $3 billion X loan to tap into Elon Musk mania
The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of Twitter Inc., as the site was then called
 "Morgan Stanley sets $3 billion X loan to tap into Elon Musk mania")
Labour unions sue to block DOGE access to private info at US agencies
The suit, led by the American Federation of Teachers, alleges Trump admin violated federal privacy laws when it gave Musk's DOGE access to systems with personal information on millions of Americans
 "Labour unions sue to block DOGE access to private info at US agencies")
Musk-led group proposes to buy OpenAI for $97.4 bn; Altman says 'no'
OpenAI CEO Sam Altman quickly rejected the deal on Musk's social platform X, saying, no thank you but we will buy Twitter for $9.74 billion if you want
 "Musk-led group proposes to buy OpenAI for $97.4 bn; Altman says 'no'")
Tesla robotaxis by June? Musk turns to Texas for hands-off regulation
Such comments often leave investors guessing what Tesla will actually deliver, and when, said Brian Mulberry, client portfolio manager at Zacks Investment Management, a Tesla investor
 "Tesla robotaxis by June? Musk turns to Texas for hands-off regulation")
