Billionaire Elon Musk’s SpaceX has confidentially filed for an initial public offering in what could be the largest stock market debut ever, according to Bloomberg and the Wall Street Journal. The space exploration company submitted a draft IPO filing to the Securities and Exchange Commission that puts it on track for a June listing, the news outlets reported, … Read more
NEWYou can now listen to Fox News articles! Elon Musk demanded on Wednesday that a Delaware judge recuse herself from Tesla lawsuits, arguing she recently demonstrated her bias against him when she liked an anti-Musk LinkedIn post. Musk’s lawyers filed a motion for recusal in Delaware’s Court of Chancery, which included a screenshot of Judge … Read more
The White House has rejected an offer from billionaire Elon Musk to fund pay TSA workers during a partial government shutdown that has disrupted airport travelers across the country, several sources told CBS News. The suggestion was taken seriously by Trump administration officials, but there could be legal challenges for Musk to cover the pay, … Read more
Elon Musk says he’ll manufacture chips in Texas – CBS News Watch CBS News Elon Musk says he will make chips in the U.S. for use in Teslas and robots. Reuters global aerospace editor Joe Brock joins to discuss. Source link
Elon Musk, famously a man with big ideas, is building a semiconductor plant vast enough to power those ambitions. Musk on Saturday announced what he calls the “Terafab,” a semiconductor manufacturing plant to be located in Austin, Texas, that will produce chips for Tesla vehicles, SpaceX spaceships and Optimus humanoid robots. Currently, Musk’s companies rely … Read more
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial … Read more
Elon Musk is planning to launch a new payments platform, called XMoney, in beta form to select users in April. In announcing a planned partnership between XMoney and Visa more than a year ago, then X CEO Linda Yaccarino referred to the platform as a so-called “Everything App” — a reference to the kind of all-in-one digital … Read more
NEWYou can now listen to Fox News articles! SpaceX and Tesla CEO Elon Musk gave a two-word retort after Anthropic leader Dario Amodei claimed in an interview that he isn’t sure if his company’s AI models have gained consciousness. “Anthropic CEO says Claude may or may not have gained consciousness, as the model has begun showing … Read more
Elon Musk took the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022. The lawsuit was filed in October 2022 in the U.S. District Court for the … Read more
NASHVILLE, Tenn. — Elon Musk’s proposed Tesla tunnel loop under the streets of Nashville was met with opposition Tuesday by the metro council, which passed a resolution to put their concerns about safety, transparency and a lack of local input on the record. The resolution, with 20 members voting for and 15 against with two … Read more