ELON MUSK

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Nov 02 2024POLITICS

Elon Musk's Role in Trump's Hypothetical Government: A Sudden Shift

For weeks, Elon Musk was interested in leading a special task force under Donald Trump's potential administration. But now, things have changed. According to Howard Lutnick, the CEO of Cantor Fitzgerald, Musk's role has been scaled back. Instead of heading a department, he'll be writing software to

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Nov 02 2024POLITICS

Elon Musk's Voter Lottery: The Court Shuffle

A Pennsylvania federal judge has sent a lawsuit against Elon Musk and his political action committee back to state court. This comes after the Tesla CEO and his America PAC were sued by Philadelphia's District Attorney, Larry Krasner. The lawsuit alleges that their $1 million daily giveaway to regis

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Nov 02 2024POLITICS

Elon Musk's Voter Prize: State Court Decides

In a twist of events, a federal judge sent a lawsuit back to state court. The lawsuit, brought by the Philadelphia district attorney, targets Elon Musk's political action group, America Pac. The group runs a contest where registered voters can win $1 million daily. The lawsuit claims this is an ille

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Nov 01 2024POLITICS

Elon Musk MIA: Court Hearing for Voter Giveaways Moves to Federal Court

Elon Musk, the CEO of Tesla and SpaceX, was a no-show for a court hearing about his million-dollar daily voter giveaways. The hearing, originally set for Pennsylvania state court, faced a sudden change when Musk requested to move the case to federal court just hours before the scheduled time. This s

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Nov 01 2024BUSINESS

Elon Musk's AI Venture: Valuation Soars & Funding Talks Begin

Elon Musk's AI startup, xAI, founded just last year, is reportedly in early talks to raise billions of dollars. The new funding round could value the company at a whopping $40 billion. This comes just five months after a $6 billion funding round that valued xAI at $24 billion. Why the huge jump? Sil

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Oct 31 2024POLITICS

Elon Musk: Trump's Plans Could Crash Stock Market, but Long-Term Gain?

Billionaire Elon Musk seems unruffled by former President Trump’s economic proposals that could cause a temporary stock market dip and “hardship. ” Musk engaged with a post on his social platform X, agreeing that a Trump presidency might initially stir economic upheaval. However, he believes this “s

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Oct 31 2024POLITICS

Billionaire Paulson and Musk Team Up to Cut Government Spending

John Paulson, a billionaire investor, has plans to slash government spending if he becomes Treasury secretary under Donald Trump. He wants to team up with Tesla CEO Elon Musk to make this happen. Paulson thinks that the government spends too much on green energy projects, like solar and wind power.

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Oct 31 2024POLITICS

Elon Musk Faces Philadelphia Hearing Over Voter Prizes

Elon Musk, the Tesla CEO known for his support of Donald Trump, has to show up in court on Thursday in Philadelphia. The city's top prosecutor, Larry Krasner, wants the court to stop Musk's voter prize lottery. Musk has been giving away $1 million each day to voters in Pennsylvania, a state where th

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Oct 30 2024BUSINESS

Big Investments: Trump Media Outvalues Musk's Twitter

It seems like a lot has changed in the world of social media and politics. Trump Media & Technology Group, which is the parent company of Trump's social media platform Truth Social, is now valued at a whopping $10 billion! This sudden jump is quite a turnaround from late September when its shares we

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Oct 30 2024TECHNOLOGY

Is Elon Musk Really Making a $17K Tesla RV?

A rumor spread like wildfire on social media in October 2024, saying Tesla CEO Elon Musk was planning to release a motor home priced under $17, 000. Shared on platforms like X, Facebook, Instagram, and even a Bangladeshi news site, the claim quickly gained traction. One TikTok video alone had millio

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