The Securities and Exchange Commission is continuing its $150 million lawsuit against Elon Musk that was brought during the Biden administration.
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E! Online on MSNElon Musk Sells X, Formerly Twitter, for $33 Billion to His AI StartupElon Musk, who owns both X (formerly Twitter) and the artificial intelligence startup xAI, announced the social media platform has been acquired by his AI company in a deal worth $33 billion.
A new lawsuit filed Tuesday accuses tech billionaire Elon Musk and his super PAC of failing to pay canvassers who helped his pro-Trump political operation in 2024.
Reports that Musk asked the Reddit CEO to take down posts critical of DOGE employees led to anger and ridicule online.
The acquisition was an all-stock transaction for $45 billion with the combined company now valued at $80 billion, according to Elon Musk.
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public.
Elon Musk presented the fact that some noncitizens have Social Security numbers as shocking. But that’s how it’s supposed to work. And it doesn’t let them vote. Merging xAI and X underlines ...
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NEW YORK (Reuters) -A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he defrauded former Twitter shareholders by waiting too long to disclose his initial ...
The Associated Press on MSN12d
Someone paid thousands for Twitter bird logo removed from X’s HQTwitter’s iconic bird logo that was removed from the company’s former San Francisco headquarters when Elon Musk took over the social media company and rebranded it to X has sold for nearly $35,000 at an auction.
Apart from the shareholders of the company, the US securities and exchange commission is also suing Musk for improper disclosure. Soon after announcing that he had sold social media platform X to ...