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Interestingly, the new Twitter valuation is less than half of what Elon Musk paid for the social media giant in Q4 2022. Elon Musk has reportedly halved the valuation of social media giant Twitter in a new employee internal memo. According to the outspoken Tesla (NASDAQ: TSLA) CEO, Twitter’s staff will receive stock grants based on a $20
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Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank
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Should Elon Musk decide to proceed with launching a ChatGPT rival, he will be competing with more than just OpenAI but also with Google’s parent company Alphabet. Elon Musk, the Chief Executive Officer of American electric vehicle maker Tesla Inc (NASDAQ: TSLA) reportedly has his eyes on developing an alternative product
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Alex Spiro argues that the Elon Musk – SEC deal is moot following the Tesla CEO’s securities fraud trial victory. An attorney representing Elon Musk has asked a San Francisco federal court to throw out his 2018 deal with the SEC. The deal required that Musk seeks approval for all Tesla-related tweets
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Doge, Floki and SHIB are up, while BONK is flat after Musk declares his dog Floki is an amazing CEO of Twitter and “better than that other guy.” Source
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Bitcoin (BTC) held by Tesla is still worth 33% less than its 2021 purchase price, the latest data shows.Two years to the day that Elon Musk’s firm added BTC to its balance sheet, most gains continue to evade the auto manufacturer.Tesla and Bitcoin: From $1.5 billion to $225 millionBitcoin and
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Outspoken billionaire Elon Musk claims to have saved Twitter from bankruptcy and looks to transform the company’s fortunes. Elon Musk claims that his $44 billion acquisition of Twitter last October saved the social media giant from bankruptcy. According to the brash Tesla CEO, his purchase of the popular microblogging platform proved timely and prevented Twitter from
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Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future.According to a Jan. 30 Financial Times report, two people familiar with Twitter’s plans said the payments feature will support fiat currencies to
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Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations. Elon Musk’s Plan for Twitter Payment System
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Twitter is designing a system to permit payments through the social-media platform, and although billionaire owner Elon Musk wants it "first and foremost" to be for fiat currencies, he wants the ability to add cryptocurrencies later, the Financial Times reported Monday. Original Source
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