Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes court battle with Twitter over a $44 billion buyout deal. The billionaire offloaded about 7.9 million shares in the electric carmaker between August 5 and 9, according to documents filed with the Securities and Exchange Commission on […]
Elon Musk on Friday filed claims against Twitter as he fights back against the tech firm’s lawsuit demanding he be held to his $44 billion buyout deal. Musk’s counter-suit was submitted along with a legal defense against Twitter’s claim that the billionaire is contractually bound to complete the deal he inked in April to buy […]
Tesla boss, Elon Musk has reacted to the reports of having a romantic affair with Nicole Shanahan, the wife of Google co-founder, Sergey Brin. This comes after the Wall Street Journal on Sunday, July 24 reported that the friendship between Musk and Brin had ended over the alleged affair with Nicole. The Wall Street Journal said that […]
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Elon Musk’s pursuit of Twitter was a melodrama from the beginning — a volatile courtship between a mercurial billionaire and an influential social media platform. That relationship — a love-hate affair from both sides — is now set for an acrimonious court battle. The courtship It all began with an expensive first date: Musk — […]
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Tesla chief Elon Musk asked a Delaware court Friday to reject a bid by Twitter to put their $44 billion merger lawsuit on trial in September, instead asking to push it back until next year. In a court document cited by US media, Musk’s lawyers accuse Twitter’s board of directors of wanting to expedite the […]
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Twitter demanded Monday that Elon Musk complete a proposed $44 billion takeover of the social media company, slamming the Tesla chief’s withdrawal of his offer as “invalid and wrongful.” “Twitter has breached none of its obligations under the Agreement,” attorneys for Twitter said in a letter to Musk’s lawyers that was included in a securities […]
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Elon Musk threatened Monday to withdraw his bid to buy Twitter, accusing it of failing to provide data on fake accounts, in the latest twist in the Tesla billionaire’s push to acquire the social network. Twitter has committed “a clear material breach” of its “obligations under the merger agreement and Mr. Musk reserves … his […]
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Elon Musk, the world’s richest man, received federal government approval on Friday to launch his Starlink network in Nigeria. The SpaceX founder will now compete for Nigeria’s massive telecommunications market with MTN, Airtel, and others. The billionaire’s announcement revealed that the Federal government granted his company permission to operate in Nigeria after months of negotiations. Musk’s Starlink […]
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