As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that its financials are on the way up.
Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.
The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul ­Atkins, and his enforcement staff that investigated the matter if ­Atkins raises these issues and looks to dismiss or impose a slap-on-the-wrist penalty.
A Wall Street Journal poll indicates that Elon Musk is becoming more unpopular in the public's eyes after taking over the Department of Government Efficiency.
Twitter's financials are still looking pretty dire — as owner Elon Musk himself admitted in a January email to staff reviewed by the WSJ.
The Microsoft cofounder reflects on Musk’s achievements while expressing curiosity about his political commentary in Europe.
As the first week of Trump’s second term gets underway, the not-quite-real Department of Government Efficiency is both struggling and expanding its remit.
Elon Musk’s much-publicized gaming prowess has come under intense scrutiny in recent days and he’s not taking it too well. The tech billionaire unfollowed Twitch streamer and YouTuber Zack “Asmongold” Hoyt on X (formerly known as Twitter) and proceeded to leak private DMs between the two after Hoyt joined a chorus of gaming content creators calling Musk a fraud when it came to his alleged Path of Exile 2 obsession.
Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in
There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.
A union boss who's critical of the federal-worker RTO mandate says he thinks Elon Musk is ignorant of the work civil servants do.