Billionaire Elon Musk sells more shares in whirlwind Tesla stock ride
NEW YORK (REUTERS) – Tesla’s chief executive officer, Elon Musk, sold another block of company shares worth about US$700 million (S$946 million), filings showed on Friday (Nov 12), as the […]
Elon Musk sells $2.1 billion of Tesla stock to meet taxes
NEW YORK (BLOOMBERG) – Tesla chief executive officer Elon Musk exercised 2.15 million stock options in the electric car-maker, and then sold stock, shortly after he held a vote over […]
Elon Musk’s Twitter poll shaves $80.9b off Tesla’s market value and raises regulatory questions
SINGAPORE/BENGALURU (REUTERS) – Tesla chief Elon Musk’s Twitter poll proposing to sell a tenth of his holdings in the electric carmaker shaved around US$60 billion (S$80.9 billion) off the company’s […]
Elon Musk says Tesla will ‘most likely’ restart accepting Bitcoin as payments
BENGALURU (REUTERS) – Electric-car maker Tesla will most likely restart accepting Bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, […]
Elon Musk to invest up to $40 billion in his Starlink satellite Internet service
BARCELONA (REUTERS) – Billionaire entrepreneur Elon Musk said on Tuesday (June 29) he plans to invest up to US$30 billion (S$40.4 billion) to develop his ambitious Starlink satellite Internet service. […]
Bitcoin plunges after Elon Musk’s Tesla stops taking it for car payments over climate concerns
BENGALURU (REUTERS) – Tesla has suspended the use of bitcoin to purchase its vehicles because of climate concerns, chief executive officer Elon Musk said in a tweet on Wednesday (May […]
Dogecoin loses third of price after Elon Musk calls it a ‘hustle’ on ‘SNL’
TORONTO (AFP, REUTERS) – SpaceX will launch a satellite to the moon next year funded entirely with the cryptocurrency dogecoin, Canadian company Geometric Energy Corporation (GEC), which will lead the […]
Elon Musk qualifies for US$11 billion payout as Tesla profit beats forecasts
NEW YORK (REUTERS) – Tesla’s quarterly report on Monday (April 26) hit targets qualifying chief executive Elon Musk for two options payouts worth a combined US$11 billion (S$14.6 billion). The […]
Dogecoin soars to record high as Elon Musk fires off new tweet
NEW YORK (BLOOMBERG) – Dogecoin rose to all-time high on Sunday (Feb 7) as Tesla co-founder Elon Musk tweeted “Who let the Doge out” amid the rally. The Shiba Inu-themed […]
Elon Musk at it again, sending Shopify shares up with Twitter blast
NEW YORK (BLOOMBERG) – Elon Musk is making headlines again for his Twitter use, with Shopify the latest beneficiary. The Tesla billionaire late Thursday (Jan 28) tweeted that the e-commerce […]
Etsy shares jump on praise from Elon Musk after he buys gift for his dog
NEW YORK (BLOOMBERG) – Etsy shares jumped on Tuesday (Jan 26) after the e-commerce company earned praise from Elon Musk, the third time this month that the Tesla Inc. leader […]
Elon Musk says he will give US$100 million for carbon capture prize
NEW YORK (BLOOMBERG) – Elon Musk said he plans to donate US$100 million (S$132 million) towards a prize for the best carbon capture technology, weeks after he became the world’s […]
Elon Musk tweeted ‘Use Signal’ and investors sent wrong stock soaring 6,350%
NEW YORK (BLOOMBERG) – A two-word app recommendation from Elon Musk has turned into a massive rally in the shares of a tiny medical device company in another case of […]
Elon Musk debates how to give away world’s biggest fortune
(BLOOMBERG)- Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: US$209.3 billion (S$277.4 billion) as of Friday. What he does […]
Tesla to join S&P 500 next month as largest-ever new member
NEW YORK (BLOOMBERG) – Tesla, Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability on Monday (Nov 16), getting named to one of the world’s most famous […]