X layoffs explained: Which employees are affected by X job cuts, and why were they fired? Here's what is X Money and why it mattersX layoffs explained details how X cut more than 20 nontechnical roles and removed chief marketing officer Angela Zepeda as part of a restru...
27 Mar, 2026, 12.43 AM IST
Elon Musk breaks the $800 billion barrier after SpaceX–xAI mega mergerElon Musk has achieved a historic financial milestone. His net worth has now crossed $800 billion. This surge is due to a significant merge...
04 Feb, 2026, 05.19 PM IST
Explained: Why Elon Musk merged his space and AI businesses to create a $1.25 trillion behemothSpaceX has acquired xAI in a deal that rolls all of xAI’s equity into SpaceX, making xAI a wholly owned subsidiary under the SpaceX corpora...
03 Feb, 2026, 12.47 PM IST
Elon Musk appoints ex-Morgan Stanley banker Anthony Armstrong as CFO of $113 bn xAI groupElon Musk has appointed former Morgan Stanley banker Anthony Armstrong as the new CFO of his AI venture, xAI. Armstrong, who advised on the...
07 Oct, 2025, 09.24 AM IST
Musk says he does not support merger between Tesla and xAIOn Sunday, Musk had said he will ask Tesla shareholders to vote whether the electric vehiclemaker can invest in xAI. Sources told Reuters i...
14 Jul, 2025, 08.25 PM IST
Elon Musk’s XAI Holdings is in discussions to raise $20 billionAnnounced in March, XAI Holdings was created from the combination of X, formerly Twitter, and Musk’s AI venture, xAI. The new funding could...
26 Apr, 2025, 07.36 AM IST
Is Elon Musk using his Trump administration access to pressure advertisers into returning to X amid revenue struggles? Senators ask DOJ to investigateDemocratic senators have called on the Department of Justice to investigate Elon Musk's potential use of his government access to pressure ...
07 Mar, 2025, 10.18 PM IST
Australian court upholds order for Musk's X to pay $418,000 fine over anti-child abuse probeElon Musk's X was fined by an Australian court for failing to cooperate with a regulator's request for information about its anti-child-abu...
04 Oct, 2024, 01.27 PM IST
Trump-linked stocks soar after DeSantis throws in the towelShares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump's social media platform public, so...
23 Jan, 2024, 08.47 AM IST
Without new cash, Donald Trump's social media company could struggle to surviveThe document, which offers the first detailed look at Trump Media's finances, was filed with regulators as part of the company's pending de...
17 Nov, 2023, 09.50 AM IST
ETtech Explainer: Why Elon Musk rebranded Twitter as XSince taking over Twitter last November, Tesla chief Elon Musk has transformed it. From selling the verified badge for $8 a month to lettin...
25 Jul, 2023, 09.38 AM IST
Elon Musk sues Wachtell law firm to recoup fees from Twitter buyoutThe world's richest person, who also runs Tesla Inc and SpaceX, called the $90 million payout "unconscionable," given that Wachtell, Lipton...
08 Jul, 2023, 08.59 AM IST
Twitter's battle with Elon Musk over $44 billion deal heads to October 17 trialMusk, the world's richest person and chief executive of Tesla Inc, has until to file any counterclaims, according to the order signed late ...
29 Jul, 2022, 09.12 PM IST
'Your lawyers are causing trouble.' Elon Musk's warning text to Twitter CEO Parag AgrawalTwitter dragged Musk to the Delaware court on Tuesday after the billionaire backed out of the deal.
16 Jul, 2022, 01.21 PM IST
Twitter shares rise after Hindenburg takes long positionMusk, who is the chief executive officer at Tesla Inc and heads SpaceX, said on Friday he was terminating the deal because Twitter violated...
13 Jul, 2022, 10.12 PM IST
Elon Musk laughs off Twitter lawsuit in characteristic meme fashion“The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal actio...
11 Jul, 2022, 08.17 PM IST
Elon Musk expected to serve as interim Twitter CEO after deal closes: reportEarlier on Thursday, Musk announced a group of high-profile investors, including Oracle co-founder Larry Ellison and Sequoia Capital, who a...
06 May, 2022, 09.19 AM IST