Page 49 - Elon Musk

Trump attends UFC as Musk suggests public should weigh in on Treasury pick

President-elect Donald Trump is attending the UFC heavyweight championship clash at Madison Square Garden on Saturday night, combining two things close to his heart -- fierce battles inside the octagon and New York City. After a year's delay, Stipe Miocic is getting his shot at a third heavyweight championship reign when he battles current champion Jon Jones at UFC 309. Trump is a longtime UFC enthusiast and frequent attendee of major fights. He made promoting hypermasculine tones a signature of his latest, successful campaign for the White House -- as he looked to further widen the gap among male voters between himself and his Democratic opponent, Vice-President Kamala Harris. The trip to New York, where Trump lived for decades before moving to his Mar-a-Lago club in Palm Beach, Florida, came after the president-elect announced his choice for energy secretary in his upcoming administration. And it also followed a key ally, billionaire Elon Musk, calling for more direct public inpu

Elon Musk's political ascendancy stirs hopes of redemption for X banks

Banks typically sell such loans to investors soon after the deal is done, but in the case of X, which Musk bought for $44 billion in 2022, they have been stuck holding the debt

SpaceX in talks to sell insider shares to boost valuation to around $255 bn

That would be a premium to the company's previous valuation of about $210 billion. It would also cement SpaceX's status as the most valuable private US company

Iranian official meets Musk in a possible step to ease tensions with Trump

Iran successfully sought a meeting with Elon Musk, according to a US official, one in a series of steps that appeared aimed at easing tensions with President-elect Donald Trump. Iran's UN Ambassador Amir Saeid Iravani met with Musk a Trump ally named this week to advise his administration on ways to cut the federal government on Monday in New York, according to a US official briefed on the meeting by a foreign colleague. The official said he had been informed that the discussion covered a variety of topics, most notably Iran's nuclear program, its support for anti-Israel groups throughout the Middle East and prospects for improved relations with the United States. The official, who spoke on condition of anonymity to discuss a non-US governmental meeting, said no immediate decisions were taken by either side. The official said the Iranians sought the meeting with Musk, the world's richest man, and that it did not take place at the Iranian mission to the UN. The Trump transition te

Musk ramps up lawsuit against OpenAI, adding Microsoft, antitrust claims

Musk has a long-simmering opposition to OpenAI, a startup he co-founded and that has since become the face of generative AI through billions of dollars in funding from Microsoft

Musk's SpaceX preparing to launch tender offer in Dec at $135 per share

Musk, the world's richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies

Review Starlink, Kuiper reach before spectrum allocation: Reliance to Trai

"The authority should critically examine the capacities created by these mega ... constellations such as Starlink and Kuiper," the letter dated Nov. 15 said

Looking to work for the world's richest man? Musk's DOGE is now hiring

The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, is now seeking applications and will review the top 1 per cent of applicants

Elon Musk meets Iran's UN envoy as Trump prepares for January takeover

US-Iran relations: Iranian diplomats described the discussions with the tech entrepreneur as 'positive' and 'good news'

Bluesky attracts millions of users as they leave Musk's X after Trump win

X was called out by misinformation experts during the election for playing a central role in enabling the spread of false information about the critical battleground states

UPPSC exam, PM Modi receives Dominica’s highest honour & more

The Uttar Pradesh Public Service Commission has agreed to conduct the PCS preliminary exam in a single day following protests by aspirants in Prayagraj.

Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood

There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities

Over 115,000 users left X as Trump wins 2024 polls; Bluesky gains traction

After Donald Trump's 2024 election victory, X saw its largest US user exodus since Elon Musk's 2022 takeover. British news outlet The Guardian said it will no longer post from its X accounts

Here's why the Guardian quit Musk's X after US presidential elections

The Guardian announced on Wednesday that it would stop posting from its official editorial accounts on the platform

Bigger than Musk's X, Seven & i's offer to rank among top buyout deals

A successful transaction would surpass what KKR & Co. and TPG Capital paid to take over Energy Future Holdings Corp., formerly known as TXU Corp

UK's 'The Guardian' leaves X citing Musk's influence in US Prez poll

Further, it said that the recent US election underlined its view that X is a "toxic" platform and that Musk uses it to influence politics

How Elon Musk's US govt efficiency panel might work to save $2 trillion

Here is how this new panel, which will be headed up by Musk, the world's richest person, and former Republican Presidential candidate Vivek Ramaswamy, might work

Elon Musk & Vivek Ramaswamy to head Trump's ‘DOGE’: What it means?

US President-elect Donald Trump has announced that Elon Musk will work alongside Indian-American entrepreneur Vivek Ramaswamy to lead a new government initiative called "DOGE." What does it mean?

Musk and Ramaswamy to join Trump's DOGE initiative to reshape US governance

Department of Government Efficiency or DOGE, a nod to Musk-backed Dogecoin, will work to "enhance" the US governance system by dismantling bureaucracy

What is DOGE, and why is Elon Musk interested in the Trump administration?

The Department of Government Efficiency will work outside the federal structure to streamline governance by cutting regulations, reducing waste, and advising on key reforms