Elon Musk says xAI acquired X

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,” Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk…

Read More

How Trump and Musk built their own reality

The putative president of the United States, Donald Trump, stood on the White House lawn. In his hand, he held a sales pitch for Tesla cars. The most powerful man in America, Elon Musk, attired for a very casual funeral and looking miserable, stood next to Trump. As Trump spoke, promising to buy a Tesla,…

Read More

‘Tesla Takedown’ wants to hit Elon Musk where it hurts

On a recent Saturday afternoon, around 50 sign-wielding protesters stood outside the Tesla showroom in Manhattan’s Meatpacking neighborhood, screaming insults at passing Tesla vehicles. “Don’t buy a Swatsticar!” The excitement peaked when an unsuspecting Cybertruck suddenly pulled around the corner. As a woman in the passenger seat stared wide-eyed out the window, the protestors began…

Read More

Elon Musk Is Focused on DOGE. What About Tesla?

Follow our live updates on the Trump administration. Elon Musk’s role as President Trump’s cost-cutting czar and his immersion in right-wing politics appear to be diverting his attention from Tesla at a perilous moment for the electric car company. Tesla’s car sales fell 1 percent last year even as the global market for electric vehicles…

Read More

Elon Musk riles up Trump’s far-right base by praising immigrants

Elon Musk, Vivek Ramaswamy, and other members of President-elect Donald Trump’s Silicon Valley coalition are clashing with the MAGA movement’s hardline anti-immigrant faction, and it’s allegedly resulted in Musk stripping far-right critics’ verification badges on X. The conflict centers on Musk and Ramaswamy’s recent praise for foreign tech workers, beginning soon after Indian immigrant Sriram…

Read More

Elon Musk files for injunction to halt OpenAI’s transition to a for-profit

Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders, and its investor and close collaborator, Microsoft, to prevent OpenAI and other named defendants from engaging in what Musk’s counsel claims is anticompetitive behavior. The motion for an injunction, which was filed late on Friday in the…

Read More