Sources: X is in talks to raise funds at a $44B valuation, matching the price Elon Musk paid for Twitter in 2022, as his proximity to Trump alters X's prospects
- Valuation is the same as Musk's 2022 Twitter acquisition — Billionaire has recently tapped private markets for big sums
Sources: Elon Musk has given investors who backed his $44B Twitter acquisition 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation
Investors hit by losses following billionaire's takeover of social media platform reap rewards from shares in his AI start-up
An excerpt from the book “Character Limit” on Elon Musk's Twitter acquisition and how his inner circle employed hardball tactics in a touch-and-go transaction
In an excerpt from their new book, Character Limit, Kate Conger and Ryan Mac detail how Musk's “goons” … Bluesky: @ishaav.bsky.social . X: @rmac18 , @rmac18 , and @ranimolla Bluesky: Isha / @ishaav.bs...
Elon Musk agrees to testify in the SEC's probe of his 2022 Twitter acquisition, after dropping his plan to appeal a court order that he comply with a subpoena
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as chair, alongside Larry Summers and Adam D'Angelo
4 key takeaways Jason Dorrier / Singularity Hub : OpenAI Mayhem: What We Know Now, Don't Know Yet, and What Could Be Next New York Times : Explaining OpenAI's Board Shake-Up CNBC : Sam Altman's back. ...
An interview with Walter Isaacson on Elon Musk, the new biography, why Musk agreed, the Twitter acquisition, Musk being “driven by demons”, surprises, and more
The writer tells Gillian Tett what he learnt during two years spent with ‘total access’ to the tech tycoon
An excerpt from Walter Isaacson's new Elon Musk biography details Musk's decision to buy Twitter and how his moods fluctuated wildly before the official closing
https://www.wsj.com/... David P / @the_dp@mastodon.social : “Musk's anti-woke sentiments were partly triggered by the decision of his oldest child, Xavier, then 16, to transition. ” Hey, I'm transgen...
X Corp. sues Wachtell to recover most of the $90M fee the law firm received from Twitter for defeating Elon Musk's bid to walk away from his $44B Twitter buyout
https://www.reuters.com/... Also, I can't imagine living life this way, especially when you're so wealthy. — If he was a different person, he could be building libraries, donating funding to saving...
In a Twitter Space, Elon Musk claims Twitter is “roughly break even”, grew agitated over misinformation and hate speech questions, which he avoided, and more
The Elon Musk portion of the Twitter Files story meets its M. Night Shyamalan ending. Chris Stokel-Walker / The i Paper : Elon Musk says he never wanted Twitter, but there's no way out for him now Mik...
Helped by his Twitter acquisition, Elon Musk surpasses President Obama as the most followed person on the service with 133,068,709 followers
Emma Roth / The Verge :