#elon musk

Fidelity, an investment company, reports that the value of X has plummeted by 4х since Elon Musk's purchase. Musk bought the social platform for $44 billion, utilizing personal funds, loans, and other resources, before taking the company private—removing it from the stock market.

The European Commission criticized Internal Market Commissioner Thierry Breton for bypassing protocol by sending an official warning to Elon Musk without prior consultation with Commission President Ursula von der Leyen.

xAI, a company specializing in building artificial intelligence, failed to reach an agreement with Oracle to expand its computing capacity lease. The deal faltered due to unrealistic deadlines set by Elon Musk and potential issues with the power supply at the site proposed by xAI staff.

Tesla shareholders have approved a $56 billion compensation package for CEO Elon Musk. The decision came despite concerns from some institutional investors and proxy firms. Musk himself confirmed the positive vote outcome yesterday, though detailed results are expected to be released soon.

Tesla board chair Robyn Denholm has called on shareholders to approve a $56 billion pay package for Elon Musk, warning that the current CEO might otherwise resign. A re-vote is scheduled for June 13, following an initial rejection by shareholders that was subsequently overturned by a court ruling.

For those done waiting on an Elon Musk tweet endorsement. Facing such a dilemma, the logical step is to devise and share a grand roadmap, and that's exactly what FLOKI memecoin accomplished on March 22.

Elon Musk revealed via X that Neuralink is developing a device named "Blindsight" that could restore vision even for individuals who have lost both eyes and their optic nerve.

Scotland's politician Humza Yousaf intends to sue billionaire Elon Musk, who publicly labeled him a "super racist" against white people. Musk's comment came after Yousaf's speech in the Scottish Parliament, where he addressed issues of racial discrimination and societal tolerance.

The European regulator may impose a fine equivalent to 6% of the total revenue on Elon Musk’s social media platform X for its failure to address illegal content. This measure will be considered if the company does not implement the necessary changes following its next official warning.

Tesla investors have accused Elon Musk of diverting the company's resources and personnel to benefit his AI project, xAI.

Elon Musk, the CEO of Tesla and SpaceX, has dropped his lawsuit against OpenAI and its CEO Sam Altman. The suit, filed in California in February 2024, was retracted just one day before a scheduled court hearing on a dismissal motion filed by the defendants.

The California court has dismissed Elon Musk's lawsuit against the Center for Countering Digital Hate (CCDH), challenging a report by CCDH that indicated a rise in instances of hate, racism, and antisemitism on the social platform X after its purchase by Musk.

OpenAI, an artificial intelligence research and deployment company, has rebutted Elon Musk's claims of prioritizing profit maximization and violating their agreement on creating artificial general intelligence (AGI). This revelation stems from an internal memo obtained by Bloomberg.