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Elonmusk

All articles tagged with #elonmusk

Epstein’s Silicon Valley web widens in latest DOJ file release
technology17 days ago

Epstein’s Silicon Valley web widens in latest DOJ file release

New DOJ document releases show Epstein’s long-running effort to embed himself with Silicon Valley elites—including Elon Musk, Bill Gates, Sergey Brin, Peter Thiel, Reid Hoffman and Steven Sinofsky—through emails, meetings and island visits. While some interactions are described as legitimate or philanthropic, the materials do not prove wrongdoing, but they deepen scrutiny of these connections and Epstein’s role as a power broker before his 2019 death.

Elon Musk bets on a SpaceX–xAI fusion in a $1.25 trillion, space-powered AI push
business18 days ago

Elon Musk bets on a SpaceX–xAI fusion in a $1.25 trillion, space-powered AI push

Elon Musk is merging SpaceX with his AI startup xAI in a deal valuing the combined company at about $1.25 trillion (SpaceX ~$1 trillion, xAI ~$250 billion) with an IPO planned for June. Musk argues the merger will move AI compute into space by building a vast network of solar-powered datacentres via up to a million satellites. Experts warn of technical and maintenance challenges for space-based datacentres and potential impacts on SpaceX shareholders, while investors see strategic value in pairing Musk’s rocket hardware with AI software. Analysts also hint at broader Musk consolidation, including a possible Tesla–SpaceX tie-up.

Europe urged to mirror Spain's social-media safety plan
politics20 days ago

Europe urged to mirror Spain's social-media safety plan

EU countries are urged to adopt Pedro Sánchez’s five-step plan to curb social-media misuse: hold platform executives liable for infringements, criminalize algorithmic manipulation, implement a hate-polarization footprint, ban minors under 16 with robust age verification, and empower prosecutors to pursue infractions by major platforms like Grok, TikTok, and Instagram.

Experts Push Back on Musk's Vision of a Post-Savings Retirement
business1 month ago

Experts Push Back on Musk's Vision of a Post-Savings Retirement

Elon Musk claims AI, energy, and robotics will create such abundance that retirement savings won’t matter, but seven personal-finance and AI experts say Americans should still save for retirement. They warn about Social Security funding shortfalls, uneven productivity gains, and ongoing cost‑of‑living pressures, arguing that relying on future abundance is risky and that individual saving remains essential.

Teens Shift Focus from X to Emerging Social Media Platform
technology1 year ago

Teens Shift Focus from X to Emerging Social Media Platform

A Pew Research Center study reveals that American teenagers are using Elon Musk's social media platform X (formerly Twitter) less, with only 17% of teens using it, down from 23% in 2022. In contrast, WhatsApp has gained popularity among teens, increasing from 17% to 23% usage over the past two years. Other platforms like YouTube, TikTok, and Snapchat have also seen slight declines in teen usage, while Instagram and Facebook usage remains steady. The study highlights a shift in social media preferences among US teenagers.

Tesla Stock Reaches Record High Amid Unprecedented Rally
finance1 year ago

Tesla Stock Reaches Record High Amid Unprecedented Rally

Tesla's stock has reached a new all-time high, surpassing its previous record from 2021, driven by investor optimism about the future of self-driving technology and regulatory easing under the Trump administration. The stock has surged over 60% since Trump's election win, with analysts like Morgan Stanley's Adam Jonas raising their price targets. Despite the rally, concerns remain about Tesla's autonomous driving capabilities and the stock's overextension above its 200-day moving average.

Tesla Stock Soars Amid Multiple Price Target Upgrades
business1 year ago

Tesla Stock Soars Amid Multiple Price Target Upgrades

Tesla's stock surged to a record high of $400 after Goldman Sachs raised its price target to $345, driven by strong sales figures, growth plans, and investor confidence in CEO Elon Musk's ties with the incoming Trump administration. The company's advancements in robotics and AI, along with the popularity of the Model Y in China, have further fueled investor interest. Analysts highlight Tesla's international sales and AI demand as key growth drivers.

Tesla's Stock Surge: Analysts Revise Targets Amidst Rally
business1 year ago

Tesla's Stock Surge: Analysts Revise Targets Amidst Rally

Tesla shares rose as Morgan Stanley analyst Adam Jonas increased his price target to $400, citing Tesla's leadership in autonomous driving and potential benefits from Elon Musk's relationship with President-elect Trump. Despite potential challenges like reduced EV tax incentives and new tariffs, Tesla's market value has surged by $450 billion since Election Day. Analysts expect Tesla's AI and self-driving technologies to expand its market reach, with regulatory support anticipated under the new administration.

Google's Quantum Chip 'Willow' Impresses Elon Musk in Viral Exchange
technology1 year ago

Google's Quantum Chip 'Willow' Impresses Elon Musk in Viral Exchange

Elon Musk expressed interest in quantum computing following Google CEO Sundar Pichai's announcement of the "Willow" chip, which significantly advances error reduction and computational speed. The chip can solve problems in minutes that would take supercomputers 10 septillion years. Musk and Pichai discussed the potential of quantum technology and space exploration, hinting at future collaborations to harness advanced technologies for global progress.

MTG's DOGE Role: Leadership Ally or Potential Headache for GOP?
politics1 year ago

MTG's DOGE Role: Leadership Ally or Potential Headache for GOP?

House Republicans are divided over Rep. Marjorie Taylor Greene's new role leading a subcommittee on the Department of Government Efficiency (DOGE), created by President-elect Donald Trump to reduce government spending. While some hope her position will align her with party leadership, others fear her controversial nature may cause distractions. Greene, known for her combative style and controversial statements, has expressed interest in working with Elon Musk and Vivek Ramaswamy to cut $2 trillion from the federal budget. Her appointment is seen by some as a strategic move to secure her support for Speaker Mike Johnson.

Key Insights for Tuesday's Stock Market Opening
finance1 year ago

Key Insights for Tuesday's Stock Market Opening

The S&P 500 and Nasdaq hit new highs as investors await the job openings report and Fed meeting signals. Fed Governor Waller suggests a potential rate cut, while Elon Musk plans to appeal a ruling against his $56 billion Tesla pay package. Intel CEO Pat Gelsinger resigns amid struggles against Nvidia, and dollar store chains face challenges despite consumer demand for deals.

Tesla's Stock Soars Amid Analyst Upgrades and Market Enthusiasm
business1 year ago

Tesla's Stock Soars Amid Analyst Upgrades and Market Enthusiasm

Craig Irwin of Roth MKM, a longtime Tesla skeptic, has upgraded Tesla's stock from Neutral to Buy, raising the price target from $85 to $380. This shift is attributed to potential regulatory advantages from Elon Musk's relationship with President-elect Donald Trump, the removal of the $7,500 EV tax credit, and increased interest from conservative voters. These factors are expected to boost Tesla's market position and delivery growth.