Page 20 - Elon Musk

White House slams report claiming Musk's exit from cost-cutting govt role

Trump has tasked the Tesla and SpaceX CEO with leading efforts through his Department of Government Efficiency to cut government funding and dismantle various US agencies

Cory Booker's 25 hr speech breaks Senate record, but it's not a filibuster

US Senator Cory Booker set a record with a 25-hour speech criticising Trump and Musk's policies. Though lengthy, it wasn't a filibuster, unlike Strom Thurmond's 1957 speech against civil rights

Lawsuit claims Musk failed to make payments for 2024 petition signatures

A federal lawsuit filed Tuesday in Pennsylvania accuses billionaire Elon Musk and the political action committee he started of failing to pay a suburban Philadelphia man more than USD 20,000 for getting people to sign a petition in favour of free speech and gun rights. The lawsuit seeking class-action status claims the man, referred to as Bucks County resident John Doe and requesting to remain anonymous, received hourly pay for canvassing ahead of the November presidential election, but that he was not fully paid for the petition referrals. It claims John Doe has repeatedly tried to obtain payment but has not been successful. He says he has been in touch with others who have the same complaint. There's been a lot of discussion and concern from people who were not paid what they understood they were going to be paid, Shannon Liss-Riordan, a lawyer for John Doe, said in a phone interview late Tuesday. The lawsuit was first reported by The New York Times. Musk's America PAC offered to

Tesla car sales decline in key European markets amid protests, competition

On Monday, the tech billionaire said an overnight fire at a Tesla dealership in Rome that destroyed 17 cars was an act of terrorism, reiterating earlier comments by Trump

'Don't know if the child is mine': Musk says he paid $2.5 mn to influencer

Elon Musk claims he paid $2.5 million in child support to influencer Ashley St Clair, who alleges he's the father of her 13th child, though Musk questions the paternity of the 6-month-old

SpaceX launches first private mission to cruise over Earth's polar orbit

Named 'Fram2' after a 19th-century Arctic ship, the mission will conduct space experiments like the first X-ray in space and mushroom growth in microgravity

Will Sunita Williams, Barry Wilmore board Starliner again? What they said

Nasa astronauts, after a record 286 days in space aboard Boeing's Starliner, express confidence in the spacecraft and would fly again, despite its technical challenges

'Never felt stuck': Sunita Williams on unexpected extended stay in space

Nasa astronauts share their journey aboard the ISS, Starliner challenges, and their safe return

United Airlines receives FAA approval for first Starlink-equipped planes

The Chicago-based airline plans to add the high-speed Wi-Fi technology to around 40 regional jets per month and expects all 300 planes of the type will be completed by the end of the year

Elon Musk sees Tesla as 'buying opportunity' despite DOGE blowback

Political backlash from Musk's recent political forays in the US and around the world have weighed on Tesla at home and abroad

Elon Musk's XAI all-stock deal offers unexpected win for X investors

Musk used his artificial intelligence startup, xAI, to purchase his social media platform in an all-stock deal that values X at $33 billion, not including debt

Musk hands out $2 million to voters ahead of Wisconsin Supreme Court polls

Elon Musk announced the prize last week ahead of the Wisconsin Supreme Court claiming it was 'important for the future of civilisation'

When is Elon Musk planning to quit DOGE? Here's what Tesla chief said

Earlier this month, US President Donald Trump hinted that Elon Musk doesn't plan on continuing his role in DOGE for long

Protesters rebelling against Musk's purge of US govt swarm Tesla showrooms

Crowds protesting billionaire Elon Musk's purge of the US government under President Donald Trump began amassing outside Tesla dealerships throughout the US Saturday in the latest attempt to dent the fortune of the world's richest man. The protesters are trying to escalate a movement targeting Tesla dealerships and vehicles in opposition to Musk's role as the head of the newly created Department of of Government Efficiency, or DOGE, where he's gained access to sensitive data and shuttered entire agencies as he attempts to slash government spending. Most of Musk's estimated USD 340 billion fortune consists of the stock he holds in the electric vehicle company that he continues to run while also working alongside Trump. Earlier protests have been somewhat sporadic. Saturday marked the first attempt to surround all 277 of the automaker's showrooms and service centres in the US in hopes of deepening a recent decline in the company's sales. By early afternoon, crowds ranging from a few

US judge declines to block Musk's $1 mn checks to voters before polls

A Wisconsin judge on Saturday declined to stop billionaire Elon Musk from handing over USD 1 million checks to two voters in the state at a planned rally days before the closely contested Supreme Court election. The state attorney general, who argues that the offer violates the law, immediately appealed after the judge refused to hear the request for an emergency injunction to block the payments. The ruling is the latest twist in Musk's deep involvement in the race, which has set a record for spending in a judicial election and has become a litmus test for the opening months of Donald Trump's presidency. Trump and Musk are backing Waukesha County Judge Brad Schimel in the race, while Democrats are behind Dane County Judge Susan Crawford. Musk plans a rally Sunday where he intends to give a pair of Wisconsin voters USD 1 million each for signing an online petition against activist judges. He is also offering USD 100 to anyone who signs it; he previously gave USD 1 million to a Green

Musk deletes post promising to deliver $2 mn to Supreme Court race voters

Billionaire Elon Musk on Friday deleted a social media post in which he had announced plans to hold a rally in Wisconsin to personally hand over USD 2 million to a pair of voters who have already cast their ballots in the state's hotly contested Supreme Court race. Musk deleted the post from his social media platform, X, about 12 hours after he initially posted it late Thursday night. He had posted that he planned to give USD 1 million each to two voters at the event on Sunday, just two days before the election that will determine ideological control of the court in the battleground state. The action was announced despite a Wisconsin law that explicitly prohibits giving anything of value in exchange for a vote. Musk said that attendance at his talk would be limited only to those who have voted in the Supreme Court election, without explaining how he would verify that. I will also personally hand over two checks for a million dollars each in appreciation for you taking the time to

Elon Musk sells X to his AI firm xAI for $33 billion in all-stock deal

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a USD 33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public. Musk said in a post on X that the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. He said the deal values xAI at USD 80 billion and X at USD 33 billion. Musk, who serves as CEO of Tesla and SpaceX as well as an advisor to Presidend Donald Trump, bought the site then called Twitter for $44 billion in 2022, gutted its staff and changed its policies on hate speech, misinformation and user verification and renamed it X. He launched xAI a year later. xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI's advanced A

Musk loses bid to block investor lawsuit over Twitter stock manipulation

A Manhattan federal judge on Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission

'X's allegations of censorship are groundless': Centre on Musk's lawsuit

Elon Musk-owned X filed a lawsuit seeking to quash the government's Sahyog portal, which notifies tech companies about harmful online content

Musk says he will finish most of $1 trn federal cost cuts within weeks

DOGE estimates it has saved US taxpayers $115 billion as of March 24 through actions including workforce reductions, asset sales and contract cancellations