Page 24 - Elon Musk

Musk may donate $100 million to President Trump's political operation

Reports suggest that Trump and Musk executives are in talks for his planned donations. Tesla CEO has signalled that he does not wish to donate to his own 'super political action committee'

Nasa chief scientist Katherine Calvin, 22 others laid off under Trump order

Nasa has laid off chief scientist Katherine Calvin and 22 others under Donald Trump's orders as the agency begins a 'reduction in force', signalling a shift in priorities toward space exploration

Bharti Airtel, RIL shares rise upto 3% on deal with Elon Musk-backed SpaceX

Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55

Amid US-Ukraine tensions, Starlink's European rival sees shares soar 500%

Eutelsat has the infrastructure to expand its role in Ukraine, whose troops rely on Starlink for internet connectivity to operate drones, secure messaging, and real-time coordination

Trump buys Tesla, defends Musk: 'I think he has been treated very unfairly'

US President Donald Trump buys a Tesla alongside Elon Musk, calling it a 'great product' and defending the CEO against criticism, as protests against Musk erupt across the US

After Airtel, Jio inks pact with SpaceX for Starlink internet in India

Reliance Jio partners with SpaceX to bring Starlink internet to India, a day after rival Bharti Airtel signed a similar deal

Violence against Tesla dealership domestic terrorism, says Donald Trump

Activists have lately staged so-called Tesla Takedown protests to voice displeasure over Musk's role in sweeping cuts to the federal workforce at the behest of Trump

Airtel signs deal with Elon Musk's SpaceX to bring Starlink to India

Airtel will distribute Starlink's equipment at its retail stores, sell Starlink services to business customers

Musk's Starlink to vie with Indian telcos in fixed wireless access space

The challenge of course for Starlink will be to price its product competitively against both Jio as well as Airtel in FWA and with Airtel in satellite broadband

Airtel to bring Starlink to India, signs deal with Elon Musk's SpaceX

This marks the first partnership of its kind in the country, pending regulatory approvals for SpaceX to operate Starlink in India.

Musk-led DOGE asked to release records on ops run in 'unusual secrecy'

The decision by the US district judge is one of a kind and has marked a sign of early victory for the advocates, who have been trying to force DOGE to become more transparent

Trump's u-turn on EVs: Promises to buy Tesla amid falling stocks, protests

Challenges grow for Elon Musk's Tesla, as stocks plummet, sales drop, and 'Tesla Takeover' protests erupt across US, with some owner defacing their own cars

'With great difficulty': Musk on leading firms amid Tesla's stock plunge

Tesla chief Elon Musk says he is managing his companies 'with great difficulty' as Tesla stock plunges 15 per cent, erasing $130 billion in market value amid investor concerns and policy fears

Elon Musk claims Ukraine link in cyberattack that caused outages on X

According to Elon Musk, a cyberattack was responsible for the outage on X, with potential involvement of 'a large, coordinated group and/or a country' with a lot of resources

Elon Musk loses $148 bn in net worth: Why are billionaires losing money?

In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks

New York State fires 2,000 prison guards who refuse to return after strike

New York fired more than 2,000 prison guards Monday for failing to return to work after a weekslong wildcat strike that crippled the state's correctional system, but said enough officers had come back on the job to declare the illegal work stoppage over. After 22 days of an illegal strike, the governor and I are happy to report it is now ended, Commissioner Daniel Martuscello said during a virtual press briefing. The state and the guards' union struck a new deal to end the strike this weekend, but it was contingent on at least 85% of staff returning to work by Monday morning. Although the number fell short of the 85% goal needed to trigger the agreement, Martuscello said the state would honor the deal's overtime and some other provisions. He said the National Guard would remain in place at prisons in a support position while the department undertakes an aggressive recruiting campaign to attract additional employees. About 10,000 security staff are available to work in prisons across

Purge of USAID programmes complete with 83% cut, says Marco Rubio

Secretary of State Marco Rubio said Monday the Trump administration had finished its six-week purge of programmes of the six-decade-old US Agency for International Development, and said he would move the 18% of aid and development programmes that survived under the State Department. Rubio made the announcement in a post on X. It marked one of his relatively few public comments on what has been a historic shift away from US foreign aid and development, executed by Trump political appointees at State and Elon Musk's Department of Government Efficiency teams. Rubio in the post thanked DOGE and our hardworking staff who worked very long hours to achieve this overdue and historic reform in foreign aid. President Donald Trump on Jan 20 issued an executive order directing a freeze of foreign assistance funding and a review of all of the tens of billions of dollars of US aid and development work abroad. Trump charged that much of foreign assistance was wasteful and advanced a liberal ...

Elon Musk eyes Social Security and Medicare as key targets for cuts

Elon Musk pushed debunked theories about social security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his crusade to reduce government spending. The billionaire entrepreneur, who is advising President Donald Trump, suggested that $500 billion to $700 billion in waste needed to be cut. Most of the federal spending is entitlements, Musk told the Fox Business Network. That's the big one to eliminate. The comments on the popular program and other benefits provided to Americans could rattle politicians on both sides of the aisle as Musk works to downsize the federal government, especially as he already faces blowback for his chainsaw-wielding approach to laying off workers and slashing programs. Musk's estimate for the level of fraud in entitlements far outpaces figures from watchdogs like Social Security's inspector general, who previously said there was $71.8 billion in improper payments from fiscal years 2015 thro

Elon Musk's Tesla is flailing in China and BYD's rapid rise is to blame

Elon Musk's automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country's Passenger Car Association

X crashes multiple times on Monday, Elon Musk claims 'massive cyberattack'

Elon Musk, who acquired X (formerly Twitter) in 2022 for $44 billion, has yet to comment on the multiple X outages