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Tag: Elon Musk

Tesla grants Elon Musk $29bn in shares
News

Tesla grants Elon Musk $29bn in shares

Tesla has awarded CEO Elon Musk a new share grant worth approximately $29 billion, a move aimed at retaining the billionaire executive as the company pivots from its struggling electric vehicle business toward robotaxis and humanoid robots. The grant, comprising 96 million new shares, is described by Tesla as a “good faith” step toward honoring […]

US court revives lawsuit against Elon Musk over child porn content
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US court revives lawsuit against Elon Musk over child porn content

A United States federal appeals court on Friday reinstated part of a lawsuit accusing Elon Musk’s social media platform, X (formerly Twitter), of fostering an environment that allowed child exploitation content to thrive. While the court upheld broad legal protections for the platform under Section 230 of the Communications Decency Act, it ruled that X […]

Elon Musk denounces French X probe as politically motivated
News

Elon Musk denounces French X probe as politically motivated

Elon Musk’s social media platform X has accused French prosecutors of pursuing a politically motivated criminal investigation aimed at restricting free speech, as tensions rise between the tech company and French authorities. In a statement posted Monday via its Global Government Affairs account, X claimed that the probe into its platform was “distorting French law […]

xAI fixes Grok 4 after AI bot posts antisemitic content
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xAI introduces ‘Baby Grok’ as Musk targets younger users

Elon Musk has announced that his artificial intelligence company, xAI, is developing a child-friendly AI application named Baby Grok. The tech billionaire disclosed the plan in a post on X, offering no further details about the app’s features or release timeline. The move marks a notable shift for xAI, which earlier this month launched Grok […]

Tesla whistleblower wins legal fight against Elon Musk
Tech

Tesla will not merge with xAI – Elon Musk

Elon Musk on Monday publicly dismissed the idea of a merger between Tesla and his artificial intelligence company, xAI, amid growing speculation over the future alignment of the two entities. Responding to a post by X account @BullStreetBets_—which asked Tesla investors whether they supported a potential merger—Musk replied with a definitive “No,” signaling his opposition […]

X CEO Linda Yaccarino resigns after two years
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X CEO Linda Yaccarino resigns after two years

The Chief Executive Officer of X (formerly Twitter), Linda Yaccarino, has resigned from her role on Wednesday morning, nearly two years after taking the helm of Elon Musk’s embattled social media platform. “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime,” Yaccarino wrote […]

Musk's DOGE team allegedly spying on US govt workers
News

Elon Musk launches party to challenge US political establishment

Elon Musk, tech billionaire and former ally of U.S. President Donald Trump, has unveiled a new political movement—the America Party—aimed at breaking what he calls the United States’ “one-party system.” The announcement, made on Saturday via X (formerly Twitter), comes amid a growing rift between Musk and Trump. Musk, who was the largest individual donor […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

xAI secures permit for natural gas-powered supercomputer in US

Elon Musk’s AI firm, xAI, has received official approval to operate natural gas-powered turbines at its supercomputer facility in Tennessee, United States, according to public records released Wednesday. The Shelby County Health Department issued the permits on July 2, despite ongoing opposition from local residents who voiced concerns about air pollution during public hearings. Under […]

Australia fines X $385,000 for sexual abuse content violations
Tech

Musk’s X suffers outage, some users unable to load site

Elon Musk’s social media platform X experienced an outage on Wednesday, preventing some users from loading the site. According to analytics firm Downdetector, more than 15,000 users reported problems around 9:53 a.m. ET. Most of the issues were resolved by 10:30 a.m. ET, though some users continued to experience disruptions. The platform has seen multiple […]

Elon Musk’s xAI secures $10bn in funding to expand AI
News

Elon Musk’s xAI secures $10bn in funding to expand AI

Elon Musk’s artificial intelligence startup, xAI, has successfully raised $10 billion through a combination of debt and equity financing, global investment bank Morgan Stanley announced on Monday. The funding includes a $5 billion debt package—comprising secured notes and term loans—and an additional $5 billion in strategic equity investment. According to Morgan Stanley, the debt offering […]

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