Tag: elon musk

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Elon Musk spends $277 million to back Trump and Republican candidates – CBS News

Elon Musk spent more than a quarter of a billion dollars to back President-elect Donald Trump and other Republican candidates, campaign finance records filed Thursday show.
The sum makes Musk, the world’s richest person, the largest donor in the 2024 election cycle to either party, Federal Election Commission filings show.
The bulk of Musk’s spending was through his own America PAC, to which he contributed $239 million. But filings also showed that Musk was also behind a political action […]
Elon Musk spends $277 million to back Trump and Republican candidates – CBS News

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Elon Musk's 'going extinct' jab at Singapore spotlights birth rate challenges

‘Ultra low’ fertility rates could affect Singapore’s social fabric and economic competitiveness in the long term, analysts say
A social media post by tech magnate Elon Musk declaring that Singapore is “going extinct” has struck a nerve in the city state, where demographic challenges including record-low fertility rates are testing its policies to sustain economic growth.
On Thursday, Musk retweeted a user’s post referring to Singapore’s use of robots, which were “stepping in […]
Elon Musk's 'going extinct' jab at Singapore spotlights birth rate challenges

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Elon Musk's comments about obsolete F-35 worry people connected to Lockheed Martin

Tommy’s Burgers in Fort Worth sits just outside the base and Lockheed Martin.
“We named several of our burgers after the planes of the base,” Tommy’s Burgers owner Kelly Smith said. “For example, we have a Blue Angel, and then we have a Thunderbird chicken breast sandwich.”
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Owner Kelly Smith said Lockheed employees were a large part of her business.
“Our regulars from Lockheed Martin I would say at […]
Elon Musk's comments about obsolete F-35 worry people connected to Lockheed Martin

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Israeli President Isaac Herzog Called Elon Musk To Help Revive Gaza Hostage Negotiations

Israeli President Isaac Herzog recently called Elon Musk to revive negotiations for the release of hostages held in Gaza, according to multiple reports on Friday, after President-elect Donald Trump warned earlier this week there would be “hell to pay” in the Middle East if the remaining hostages were not freed before his inauguration next month.
President Donald Trump warned there would be “hell to pay” if the remaining hostages were not … [+] released before his inauguration.
Herzog […]
Israeli President Isaac Herzog Called Elon Musk To Help Revive Gaza Hostage Negotiations

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Elon Musk Spent $270 Million To Help Donald Trump Win US Presidency – NDTV

Tech billionaire Elon Musk spent at least $270 million to help Donald Trump win the US presidency, according to new federal filings, making him the country’s biggest political donor.
SpaceX and Tesla CEO Musk, the world’s richest person, was an ardent supporter of Trump’s White House campaign — funneling money into door knocking operations and speaking at his rallies.
His financial backing, which has earned him a cost-cutting advisory role in Trump’s incoming government, surpassed spending by […]
Elon Musk Spent $270 Million To Help Donald Trump Win US Presidency – NDTV

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The Silicon Valley Billionaires Steering Trump's Transition – The New York Times

The involvement of wealthy investors has made this presidential transition one of the most potentially conflict-ridden in modern history.
By Theodore SchleiferMaggie Haberman and Jonathan Swan
The week after the November election, President-elect Donald J. Trump gathered his top advisers in the tearoom at his Florida resort, Mar-a-Lago, to plan the transition to his second-term government.
Mr. Trump had brought two of his most valued houseguests to the meeting: the billionaire Tesla boss Elon […]
The Silicon Valley Billionaires Steering Trump's Transition – The New York Times

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Elon Musk, Vivek Ramaswamy making 'nice' and 'naughty' list. Has the duo finalised which …

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Elon Musk, Vivek Ramaswamy making 'nice' and 'naughty' list. Has the duo finalised which …

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How Elon Musk's relationship with China could shield Tesla from a Trump trade war – ABC News

Elon Musk is well-positioned to act as a go-between for the US and China. (AP: Evan Vucci)
As Donald Trump prepares to return to the White House next month, businesses worldwide are bracing for a worsening US-China trade war.
While electric vehicle (EV) makers were impacted by trade disputes during Trump's first term, Tesla — and owner Elon Musk — could potentially benefit this time.
Kyle Chan, a postdoctoral researcher in Chinese industrial policy at Princeton University, told the […]
How Elon Musk's relationship with China could shield Tesla from a Trump trade war – ABC News

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Elon Musk revealed as sole funder of RBG Pac that claimed Trump and Ginsburg were aligned

Musk bolstered Pac with $20.5m ahead of election while late supreme court justice’s family denounced it as ‘appalling’
Elon Musk has emerged as the sole financial architect behind a provocative political action committee that appropriated the name of late US supreme court justice Ruth Bader Ginsburg to bolster Donald Trump’s presidential campaign, according to federal campaign finance reports released on Thursday.
The RBG Pac, funded entirely by the world’s richest man with a $20.5m […]
Elon Musk revealed as sole funder of RBG Pac that claimed Trump and Ginsburg were aligned

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Elon Musk's SpaceX could be valued at $350B in sale of insider shares – New York Post

Elon Musk’s SpaceX is reportedly weighing a share of insider shares that would value the rocket company at approximately $350 billion, according to a report.
The tender offer – in which employees and early investors are allowed to sell shares at a specific time and price – would mark a rapid jump in value for SpaceX.
Musk’s firm was valued at approximately $210 billion after a previous tender offer that closed in June.
The terms of the tender offer are fluid and could change based on […]
Elon Musk's SpaceX could be valued at $350B in sale of insider shares – New York Post