Elon Musk News

Tesla shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, Musk said on social media platform X on Wednesday, adding that passage was by wide margins. A yes vote gives the electric carmaker more ammunition in a Delaware court, where a judge voided the 2018 pay package plan, which at the time was the largest in U.S. corporate history, saying the board was «beholden» to CEO Musk.

Elon Musk bought Twitter for $44 billion in 2022, he sent in loyalists, including ex-boring company exec Steve Davis and cousin James Musk, to “examine whether existing employees were value for money," according to a report by The Telegraph. He soon slashed 6,000 workers or 80 per cent of then-Twitter, now X, in a move that shocked the industry.The report added that employees were reportedly asked to justify their roles and state which colleagues should be retained.

Elon Musk has dropped his lawsuit against OpenAI just ahead of a scheduled Wednesday hearing on the case

Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the Tesla CEO to return "unlawful profits." The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package, after a Delaware judge voided it in January because she found that Musk had improperly controlled the process.

Stocks that traded heavily or had substantial price changes on Monday: CrowdStrike, KKR rise; Huntington Bancshares, Tesla fall

Norway’s sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday

On June 6, a cybersecurity report revealed that over 35 YouTube channels live-streamed a deepfake video of Elon Musk, promising to double crypto deposits. The scammers targeted space enthusiasts eager to watch the SpaceX starship rocket launch.

Tesla and X owner Elon Musk has congratulated Narendra Modi on being elected as the Prime Minister of India for the third term. In a post on his X timeline, Musk said he looks forward to his companies doing exciting work in India.

The Texas Stock Exchange is looking to steal New York’s crown as the center of U.S. capital markets. It has a powerful force behind it: red-state frustration with the perceived liberal agenda of Wall Street.

An Elliptic report exposed the rise of AI crypto crimes marking a new era of cyber threats, exploited for deepfake scams, state-sponsored attacks, and other sophisticated illicit activities.

SpaceX’s mega Starship rocket has completed its first full test flight, returning to Earth without exploding after blasting off from Texas

Japan Times reported.Amid growing labour shortages, Prime Minister Fumio Kishida's government is actively pursuing policies to promote the birth rate, including provision of financial aid to families, easier access to child care, parental leave, and more.In Japan, birth rates dropped to an all-time low in 2023. Therefore, it isn't uncommon for municipalities to hold matchmaking events, but it is quite rare for the government to create an app.To access the dating app, users must sign a letter stating they are willing to get married and submit documentation proving that they are legally single.Other requirements include a tax certificate slip to prove their annual salary.

Amazon rainforest, the remote Marubo tribe has preserved its unique culture and language for millennia. However, a technological marvel, Elon Musk's Starlink satellite internet service, has recently breached their isolation. This connection to the outside world brings both opportunities and challenges for the tribe.

NASA astronauts Michael Barratt, Matt Dominick, Tracy C Dyson, and Jeanette Epps, along with Roscosmos cosmonauts Nikolai Chub, Alexander Grebenkin, and Oleg Kononenko.“Two bold NASA astronauts are well on their way on this historic first test flight of a brand-new spacecraft," said NASA administrator Bill Nelson after the Starliner launch.SpaceX founder and CEO Elon Musk congratulated Boeing on the successful launch of its Starliner craft to space.“Congratulations on a successful launch!" SpaceX founder and CEO Elon Musk said via X today. He also reposted the US space agency's post, that read “Starliner to the stars!"During a 2013 press conference at the National Science Centre in New Delhi, Sunita told reporters that she carries a copy of the Bhagavad Gita and samosas with her during her space missions.Both Suni and Butch will remain at the ISS for about a week before undocking and re-entering Earth's atmosphere.

Australia’s online safety watchdog has dropped her Federal Court case aimed at forcing X Corp. to take down a video of a Sydney bishop being stabbed

On June 4, Bitget exchange collaborated with Sumsub, an identity verification provider, to improve its security and prevent users from deepfake scams that are becoming prevalent in the crypto space.

The social media platform X says it will now formally allow people to show consensual adult content, as long as it is clearly labeled as such

Jimmy Donaldson who is popularly known as MrBeast attacked the music company T-Series on his social media accounts after becoming the most subscribed YouTuber.

Tesla is recalling more than 125,000 vehicles to fix a seat belt warning system that may increase the risk of an injury in a collision

Elon Musk has denied that he discussed crypto policy with presidential candidate Donald Trump. His comment comes after Bloomberg reported Thursday that the two have had crypto-related talks as Trump highlights Bitcoin and other digital assets on his campaign trail to appeal to a broader voter base.

Elon Musk, who secretly acquired a major stake in Twitter Inc. in early 2022 before eventually buying it, did so with the help of a Morgan Stanley wealth manager who advised the billionaire on how to avoid alerting the broader market, according to a shareholder lawsuit.