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Page 7 - Latest Updates on Elon Musk

Twitter deal to elevate Elon Musk to new media mogul status

Elon Musk has made it clear that his primary goal in buying Twitter is to support unfettered expression and reduce user bans or takedowns of individual tweets

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Updated On : 25 Apr 2022 | 10:53 PM IST

Top headlines: Twitter 'to accept' Musk offer, CII predicts GDP growth

Russia-Ukraine war may expose 42% India firms to significant risks, global rating agency Moody's said on Monday. Read this and other important stories this evening.

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Updated On : 25 Apr 2022 | 5:56 PM IST

Twitter set to accept Elon Musk's $43 bn 'best and final' offer

Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction.

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Updated On : 26 Apr 2022 | 3:32 AM IST

Under shareholder pressure, Twitter begins deal talks with Elon Musk

The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said

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Updated On : 25 Apr 2022 | 8:50 AM IST

As Tesla CEO Musk bids for Twitter, his fight to tweet freely hits a snag

As Musk ramps up his battle to buy Twitter, the lingering ramifications of his prior use of the social media platform may come back to haunt him

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Updated On : 25 Apr 2022 | 12:27 AM IST

Musk's SpaceX signs 1st deal to provide Starlink internet service on planes

According to Space.com, the service will be available later this year to customers of JSX, a charter airline company that plans to equip 100 planes with Starlink-provided inflight Wi-Fi

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Updated On : 23 Apr 2022 | 1:51 PM IST

Musk tears up buyout playbook with $46.5 bn Twitter financing

This will have an impact on Musk's returns, since debt secured against an acquired company can greatly amplify profits

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Updated On : 22 Apr 2022 | 4:12 PM IST

Elon Musk says he has secured $46.5 bn for funding Twitter buyout bid

The 'poison pill' provision will be triggered if Musk (or any other investor) acquires more than 15 per cent of the company's shares. Musk currently owns around 9 per cent of Twitter's shares

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Updated On : 22 Apr 2022 | 8:36 AM IST

After years of silencing critics, Musk wants free speech on Twitter

Musk's tweets, public remarks and policies at the businesses he runs, shows little tolerance for speech that's unflattering to him or his companies, or reflects employee criticism of the workplace

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Updated On : 23 Apr 2022 | 12:50 AM IST

Musk confirms $46.5 bn lined up, considers tender offer for Twitter

Musk currently has about $3 billion in cash or other somewhat liquid assets after spending $2.6 billion buying a 9.1 per cent stake in Twitter in recent months, according to calculations

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Updated On : 22 Apr 2022 | 12:24 AM IST

Elon Musk scores hat trick of Tesla compensation goals worth $23 billion

Late last year, Musk netted $16.4 billion from selling about 10 per cent of his stake in Tesla to meet tax withholding obligations related to the exercise of stock options

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Updated On : 22 Apr 2022 | 12:08 AM IST

Tesla earnings jump over 7 times in first quarter as users pay more

Musk optimistic about overcoming supply issues, foresees a big 2022 production gain

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Updated On : 22 Apr 2022 | 2:18 AM IST

Tesla CEO Elon Musk secures $46.5 bn in funding to buy Twitter

Elon Musk has secured $46.5 billion in funding to buy Twitter Inc and is considering a tender offer for its shares, a filing with U.S. regulators showed

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Updated On : 21 Apr 2022 | 8:37 PM IST

Elon Musk's Boring Company raises $675 million to scale Loop projects

Tech billionaire Elon Musk's Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion.

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Updated On : 21 Apr 2022 | 1:19 PM IST

Tesla robots will be worth more than car business, says Elon Musk

Tesla is working on a humanoid robot and the prototype that will arrive sometime in 2023

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Updated On : 21 Apr 2022 | 1:06 PM IST

Musk races to get Twitter bid financing, may pour in $15 bn of own money

Musk is evaluating various packages of debt, including more senior debt known as preferred debt and a loan against his shares of Tesla, the electric carmaker that he runs, two of the people said

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Updated On : 21 Apr 2022 | 3:24 AM IST

Elon Musk tweets cryptic phrase days after Twitter takeover offer

The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a 'poison pill' to protect itself

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Updated On : 20 Apr 2022 | 11:05 PM IST

Koo makes algorithms public; pledges commitment to transparency, neutrality

Koo's latest move comes at a time when transparency and free speech concerns have dominated the public narrative around social media platforms such as Twitter

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Updated On : 20 Apr 2022 | 11:52 PM IST

Elon Musk tweets another hint of Twitter tender offer, sparks speculation

Musk had earlier posted a tweet with "Love Me Tender," bracketed by musical notes

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Updated On : 20 Apr 2022 | 12:10 PM IST

Volume IconWhat is a 'poison pill' strategy & why has Twitter adopted one?

Twitter is trying to fend off a hostile takeover bid by one of its shareholders and world's richest man, Elon Musk. And for this, it has invoked an old strategy called poison pill. What is it?

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Updated On : 19 Apr 2022 | 7:00 AM IST