Elon Financial News

Elon Musk stated during the meeting, "We're changing the company quickly, shifting from what it used to be, Twitter 1.0, to an all-encompassing everything app. It will offer a wide range of features, allowing users to do almost anything on our platform. Of course, this doesn't mean you can't use other apps, but the key missing element is a single app that covers everything." The news media has published the full transcript of the meeting.

Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed.

Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringing together representatives of AI companies, political leaders and experts on Nov. 1-2 to discuss what some see as the risks posed by AI, with an aim of building an international consensus on its safe development.

Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share” to stem the flow of misinformation and sensationalism, said Elon Musk.

In the world of cryptocurrency, excitement continues to ripple through the market as Bitcoin holds steady at $34,274, registering a 0.75% increase on this Monday.

Elon Musk has brought a new change to creator monetization. In a post on the X platform, he said that if a user's tweet is corrected by Community Notes, the crowdsourced program of fact-checkers, then that person will not be paid for engagement on those tweets.

Elon Musk said on Saturday that SpaceX's Starlink will support communication links in Gaza with «internationally recognized aid organizations», prompting Israel's communication minister to say Israel would fight the move. Musk said in a post on social media platform X that it was not clear who has authority for ground links in Gaza, but we do know that «no terminal has requested a connection in that area».

In many ways, Elon Musk is the world’s biggest doomsday prepper. The billionaire entrepreneur has made his fortune and reputation chasing a future bettered by technology. The flip side of his optimism is a fixation on worst-case scenarios he is determined to avoid.

Elon Musk recently announced he would provide connectivity support to internationally recognized humanitarian organizations operating in Gaza through his satellite communication system, Starlink. He stated on the social media platform known as X (formerly Twitter) in response to a statement from the U.S. Representative Alexandria Ocasio-Cortez. She had raised concerns about the communication blackout in Gaza. Following the extensive Israeli military operations, including airstrikes and ground incursions, aid organizations faced significant challenges. They reported a breakdown in phone and internet services, hampering their ability to maintain contact with their teams operating in the Gaza Strip. Following the Russian invasion of Ukraine in February 2022, Starlink, under the management of SpaceX, Elon Musk's company, was rapidly established within Ukraine. This communication network, essential for advanced military personnel operating in regions with impaired communication infrastructure, became an important asset for Kyiv in the field of battle.

Elon Musk has offered internet support to war-hit Gaza after an Israeli offensive led to the shutdown of all communications. The development came as Israel expanded its ground operation in the Hamas-led region with massive strikes from the air and sea. According to the update shared on X (nee Twitter), Starlink will help restore connectivity to the UN and other internationally recognised aid groups operating in the narrow strip.

Elon Musk's social media platform X, formerly known as Twitter, rolled out two new subscription plans on Friday, including a Premium+ tier for users willing to pay for an ad-free experience. The Premium+ plan, priced at about $16 per month, includes all the tools and features offered by the platform, minus the ads, the company said in a post on the platform.

X, introduced two new subscription plans on October 28, according to a post by Elon Musk, underlining the features of the subscription. One is a 'Premium+' tier priced at $16 per month and the other, is a 'Basic' tier costing $3 per month.

Elon Musk-owned X (formerly Twitter) aims to position itself as a central financial hub, encouraging individuals to consider using it as their primary financial solution instead of traditional bank accounts.

X owner Elon Musk is attempting to create a future in which X users can use the platform for their entire financial lives, according to a report from The Verge.

Elon Musk closed a $44 billion deal to take over Twitter, after trying to pull out in between but facing a lawsuit. Since then, the microblogging platform, which has been rechristened X, has been on a roller-coaster ride, with few ups and lots of downs, losing money, advertisers and trust. To mark the one-year anniversary, X chief executive Linda Yaccarino penned a lengthy, glass-half-full blog about the platform under its new ownership and management.

earnings call. A question about production delays triggered Musk's meltdown, according to a report published by The Times of India. He said, “People don't understand the blood, sweat, and tears that go into making these revolutionary products.

Wionews. “It is possible that humans are actually aliens and we're the ones who invaded Earth," the Wionews report quoted Google’s bot Bard as saying. “One of the main arguments in favour of the idea that humans are aliens is that we are very different from other life on Earth," the AI-powered bot added.

Elon Musk has offered to donate $1 billion to Wikipedia, but with an unusual condition. Musk jokingly suggested that the renowned online encyclopedia consider changing its name to «Dickipedia» in exchange for his generous contribution.

Elon Musk, the man behind SpaceX and Tesla, has offered a staggering $1 billion to Wikipedia, the popular online encyclopedia. However, this generous donation comes with an unusual condition – Wikipedia must change its name to 'Dickipedia' for a minimum period of one year. Musk, known for his playful demeanour, defended this proposition as being «in the interests of accuracy.» The proposal, made on Musk's social media platform X (formerly Twitter), sparked a flurry of reactions from users worldwide.

Elon Musk acquired Twitter for $44 billion in October last year after a months-long tumultuous phase. One year on, controversies associated with the platform (now called X), amid the non-stop spread of disinformation, is far from over.

Elon Musk had a drastic response to the United States Securities and Exchange Commissions' (US SEC) new regulations regarding financial services firms, terming it a “slow strangulation of civilization". “Our civilization is being slowly strangled to death one regulation at a time," Musk posted on his social media site X, formerly known as Twitter. He was quoting a post by Robinhood App CEO and co-founder Vladimir Tenev, who detailed the repercussions of the US SEC's move on fintech companies and customers.