Elon Musk's SpaceX-xAI merger further intermingles his companies, creates the world's most valuable private company, and provides a financial lifeline to xAI
SpaceX, the rocket and satellite maker led by Elon Musk, said on Monday it had acquired xAI, the artificial intelligence company controlled by Mr. Musk.
Sources: Musk's feud with Trump will complicate xAI's attempt to raise $5B in debt, and might increase lending costs or cause some lenders to walk away entirely
Eric Platt / Financial Times :
In response to Elon Musk's $97.4B OpenAI bid, Sam Altman says on X “no thank you but we will buy twitter for $9.74 billion if you want”; Musk replies “swindler”
OpenAI CEO and co-founder Sam Altman appeared to shut down a reported offer from an investor group led …
Bio: before buying Twitter, Elon Musk promised Jack Dorsey that, if Dorsey ever needed money, Musk would buy Dorsey's stock at the $54.20/share takeover price
Jack Dorsey had second thoughts about supporting Elon Musk's takeover of Twitter, so Musk made Dorsey a secret offer he couldn't refuse … Mastodon: @Jonathanglick@mstdn.social Mastodon: Jonathan Glick...
SEC filing: Jack Dorsey rolled over his remaining 2.4% stake in Twitter, worth $1B+, into X Holdings, which Elon Musk didn't have to pay to acquire the company
- Dorsey left his second stint as CEO of Twitter last year. — A co-founder of the platform and friend of Musk, he's been supportive of the $44 billion takeover.
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving staff stock options to cash bonuses
Elon Musk's former fans have lost faith in the idea of the billionaire genius. Angela Watercutter / Wired : Twitter Writes Twitter's Requiem Livemint : Big reveal in Parag's sacking! Messages between ...
Sources: in the weeks before Elon Musk's revived $44B bid, his representatives asked Twitter about doing the deal at an up to 30% discount, or a ~$31B valuation
Before Mr. Musk renewed his $44 billion proposal, he and the company haggled in discussions that ultimately did not advance.
SEC filing: Twitter's board invites shareholders to a special meeting to vote on Elon Musk's acquisition and unanimously recommends they approve the deal
that Twitter won't give him sufficient information about bots—is a little more plausible. But Twitter's response is compelling. Weeks after the agreement was inked, and they still sent over massive am...
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal
Good morning! If you're looking to head to Bhutan anytime soon, we've got some news for you. Leigh Mc Gowran / Silicon Republic : What's going on with Elon Musk's Twitter deal? Aryaansh Rathore / Mar...
Sources and filings detail Vy Capital, the third-largest backer of Musk's Twitter bid, a secretive firm run by Alexander Tamas, who has links to Yuri Milner
Elon Musk's bid for Twitter Inc., which has been upended by the billionaire's threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays.