Elon Musk, often referred to as Trump's "First Buddy, " recently cast doubt on the $500 billion AI project announced by the former president. Musk claimed that the backers of the project, including SoftBank, don't actually have the money they claim to have. "SoftBank has well under $10 billion secur
Tesla’s brand value took a big hit last year, falling by 26%, according to a recent analysis. This is the second year in a row that the electric car company has seen its brand value drop. Experts point to a few reasons for this decline. One is that Tesla's lineup of cars is getting older, and they h
On January 16, 2025, SpaceX's Starship megarocket took to the skies for its seventh test flight. The mission started smoothly, with the Super Heavy booster and Ship upper-stage spacecraft separating as planned. However, things took a turn when the Ship spacecraft encountered issues over the Atlantic
After billionaire Elon Musk pressured the UK government, Home Secretary Yvette Cooper revealed plans to investigate local child grooming gangs. She announced this in the House of Commons, mentioning that Louise Casey, a member of the House of Lords, will audit the evidence to understand why previous
Elon Musk, the billionaire entrepreneur, has been charged by the Securities and Exchange Commission (SEC) for not promptly reporting his stake in Twitter. This delay, according to the SEC, helped Musk save around $150 million, which came at the expense of other shareholders. The SEC's rules require
Elon Musk, the CEO of Tesla, has officially asked Delaware's Supreme Court to review the decision against his $56 billion pay package. This comes after a state judge turned down the deal twice, most recently in September. Shareholders initially approved the package in 2018, allowing Musk to buy up t
In the midst of a potential ban on TikTok in the US, China is considering a unique move. They're discussing the possibility of using Elon Musk, the billionaire tech mogul, as a middleman to broker a deal. The goal? Keep TikTok operating in the US without being forced to shut down. This comes just da
Elon Musk isn't a fan favorite in Britain. Polls show he's unpopular, and his social media following has dipped since he took control last October. Yet, when he recently focused on a old child abuse scandal, everyone in Britain paid attention. Why? Well, Musk is super rich and has a friend in the U.
Elon Musk, the billionaire with big dreams, recently admitted that his goal to cut the U. S. federal budget by $2 trillion might be a bit too ambitious. In a chat with Stagwell CEO Mark Penn, Musk said he actually thinks there's a good chance they could only slash $1 trillion from the budget. The or
Imagine a scenario where volunteers armed with tech know-how offer to lend a hand to the government. This isn't just a cool idea; it's a real plan proposed by Elon Musk. But can it really make a dent in saving tax dollars? That's the big question hovering over this intriguing proposition. First, le
