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Showing posts with the label ELON MUSK

Elon Musk now worth $500 Billion as he Takes the Spot as Richest Man on the Planet Once Again¡

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Elon Musk achieved yet another major milestone Wednesday, becoming the first ever person worth $500 billion. The richest person on the planet is now worth $500 billion, as of Wednesday, 1st October, Musk, who became the first person ever worth $400 billion or more in December, is $150 billion ahead of runner-up of Oracle's Larry Ellison and half-way to becoming the world’s first trillionaire. Shares of Tesla climbed by nearly 4% Wednesday, adding an estimated $9.3 billion to Musk’s fortune, as investors continue to celebrate the prospect of a refocused Musk. The EV maker’s stock price has nearly doubled since Musk first announced on the company’s April earnings call that he would be stepping back from his role as head of President Trump’s Department of Government Efficiency (DOGE) to spend more time on Tesla.  With Tesla’s market cap back within 10% of the all-time high it hit in December, Musk’s 12% stake in the company is now worth $191 billion....

Elon Musk advocates for psychedelic drug use as alternative to antidepressants

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Ever since he purchased Twitter, eccentric billionaire Elon Musk is no longer holding anything back, and that's saying a lot considering his history on the social media platform.  I’ve talked to many more people who were helped by psychedelics & ketamine than SSRIs & amphetamines — Elon Musk (@elonmusk) April 30, 2022 In one of his most recent tweets, Musk told congresswoman  Alexandria Ocasio-Cortez  not to flirt with him. Just when it seemed he had crossed a line, Musk is now advocating for psychedelic drug use as an alternative to antidepressants. "I've talked to many more people who were helped by psychedelics & ketamine than SSRIs & amphetamines," Musk tweeted. Source: MARCA

FINANCE ON MONDAY: Twitter Board is reportedly reconsidering Elon Musk's $46.5 Billion Acquisition Bid

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KEYNOTES  - Twitter's board allegedly met on Sunday morning to discuss Elon Musk's takeover bid. - The board is said to be reconsidering Musk's proposal several days after adopting a defensive measure to prevent him from acquiring more of Twitter's stock. - Musk recently disclosed that he had secured $46.5 billion in financing for his bid. - Twitter's board is reportedly reconsidering Elon Musk's proposal to buy the social media company, more than a week after adopting a "poison pill" measure to block his takeover bid.       According to The New York Times , the board of directors met on Sunday morning to discuss Musk's offer to buy Twitter. The renewed interest comes several days after Musk announced that he had secured $46.5 billion in financing for his bid.  Earlier this month, the founder of SpaceX and Tesla offered to buy all of Twitter's common stock for $54.20 p...

In Review: World's Richest Man Elon Musk Says He Doesn't Own A Home, Sleeps In Friends' Spare Bedrooms

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Elon Musk - the richest person in the world - has said that he doesn't own a house right now and sleeps in friends' spare bedrooms. The revelation was made by Musk in a recent interview with TED's Chris Anderson.  “I don't even own a place right now. I'm literally staying at friends' places,” he was quoted as saying by the New York Post.  “If I travel to the Bay Area, which is where most of Tesla's engineering is, I basically rotate through friends' spare bedrooms,” the Tesla CEO added.  “I don't have a yacht, I don't take vacations,” he added. Musk was responding to a question about wealth disparity across the world and the amount of money spent by billionaires.  “I think there's axiomatic flaws that are leading to that conclusion. It would be very problematic if I would be consuming billions of dollars a year in personal consumption, but that is not the case,” said Musk.  "It...
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