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Business, buy, company, Elon, halted, media, Musk, News, offer, original, plans, price, shares, social, Trading, Twitter
Trading in Twitter shares halted as Elon Musk ‘plans to buy social media company for original offer price’ | Business News
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Trading in Twitter shares was halted as the stock spiked following reports that Elon Musk is planning to buy the company for his original offer price. The world’s richest man is proposing to go ahead with purchasing the social media giant for $54.20 per share, a total purchase value of $44bn following months of legal…
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Elon Musk debuts Tesla’s first humanoid robot with eye on mass market | Business News
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Elon Musk has unveiled a prototype of Tesla’s humanoid robot Optimus, which the electric car maker aims to mass produce in the millions and sell for under £18,000. The billionaire tycoon said he expected the company would be ready to take orders in three to five years. Musk said the venture could outstrip that of…
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Elon Musk subpoenas former Twitter chief executive Jack Dorsey as he tries not to purchase company | US News
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Elon Musk has subpoenaed his friend and former Twitter chief executive Jack Dorsey as he tries to back out of his $44bn (£37bn) deal to buy the social media company, according to a court document. The Tesla chief – the richest man in the world – announced his plan to buy Twitter in April, but…
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Elon Musk writes column for Chinese Communist Party online censor agency’s magazine | Science & Tech News
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Elon Musk, who has described himself as a “free speech absolutist”, has written a magazine column for China’s online censors. In the column, Musk celebrates his own businesses – in particular SpaceX, Tesla and Neuralink – while setting what he says is “a better future for humanity”. It does not mention his conflict with Twitter,…
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Elon Musk sells $6.9bn in Tesla shares as battle with Twitter continues | Business News
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Elon Musk has sold $6.9bn (£5.7bn) of shares in his electric vehicle maker Tesla as his battle against Twitter continues. Mr Musk sold about 7.92 million shares between 5 August and 9 August, according to multiple filings, meaning he now owns 155.04 million shares in the company. In April, the world’s richest man announced a…
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Elon Musk’s friends say Twitter targeting them in ‘giant harassing fishing expedition’ | Science & Tech News
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Twitter is sending dozens of subpoenas to Elon Musk’s associates and financial partners as part of its lawsuit against the billionaire for backing out of his deal to acquire the company. A US judge has granted Twitter a fast-track five-day trial set to start on 17 October after the billionaire said he was rescinding his…
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Elon Musk denies affair with Google co-founder Sergey Brin’s wife | World News
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Elon Musk has denied reports that he had a brief affair with Google co-founder Sergey Brin’s wife, Nicole Shanahan. The Tesla and SpaceX boss said on Twitter there was “nothing romantic” between him and Ms Shanahan, adding that he and Mr Brin remain friends. Mr Musk’s tweets came after a Wall Street Journal (WSJ) report…
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Twitter and Elon Musk set for October showdown trial as it tries to force tycoon to complete $44bn takeover deal | Science & Tech News
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Elon Musk’s bid to delay Twitter’s lawsuit against him until 2023 has been rejected by a US judge who granted the social media giant a fast-track trial. The world’s richest man said he was pulling out of a deal this month to buy the tech firm for $44bn (£36.6bn), and the company is suing him…