Elon Musk’s Twitter backers gain windfall from xAI deal

Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up

Business - Financial Times - 9 hours ago

Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

What Elon Musk could gain from Trump's second term

Some of the richest men in the world have already become even richer due to President-elect Donald Trump's victory. According to the Bloomberg Billionaires Index, the net worth of Elon Musk, one of ...

What Elon Musk gains from a friend in the White House

Entrepreneur’s decision to back Trump carries both risks and rewards

World - Financial Times - 6 days ago

First Elon Musk changed Twitter to X — then he made it a MAGA haven

As Musk has quickly become one of Donald Trump’s biggest supporters, he has transformed X into a MAGA mouthpiece.

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Social media companies that once at least tried to promote a healthy information ecosystem have largely given up—and insiders say Musk’s example gave them cover.

Tech - Wired - November 5

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - October 29

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round

The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.

Tech - The Wall Street Journal - 6 days ago

Valuations at Musk’s SpaceX and xAI set to soar in new deals

Billionaire’s rocket builder plots huge share sale while AI start-up closes in on $5bn funding round

Business - Financial Times - November 15

Jeff Jarvis: ‘Elon Musk’s investment in Twitter seemed insane, but it gave him this power’

The US media pundit on the dangers of overregulation online, why he’s more frightened of the tech bros than AI itself, and how to reclaim the web by getting rid of the geeks. Jeff Jarvis was born ...

World - The Guardian - 4 days ago

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - October 29

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

Business - CNBC - November 15

What Elon Musk Needs From China

From electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing for Chinese dominance.

Business - The New York Times - 4 days ago

Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win

Shares of Tesla surged on Wednesday after NBC News projected Donald Trump to win the election and investors bet a victory would benefit CEO Elon Musk.

Business - CNBC - November 6

Guardian will no longer post on Elon Musk’s X from its official accounts

Platform’s coverage of US election crystallised longstanding concerns about its content, says Guardian. Why the Guardian is no longer posting on X The Guardian has announced it will no longer ...

World - The Guardian - November 13

Will Elon Musk be able to cut $2 trillion from US government spending?

The Tesla CEO claimed he could slash US spending by eradicating “waste”.

What Elon Musk could learn from Roosevelt’s Keep Commission

The Keep Commission also offers a few historical warnings to Trump and Musk.

Politics - The Hill - November 19

Musk in funding talks with Middle East investors to value xAI at $45bn

Early discussions include existing backers of artificial intelligence start-up

World - Financial Times - October 31

Elon Musk goes to Washington

Billionaire chief of Tesla and X looks set to take up influential adviser role in White House

World - Financial Times - November 12

Elon Musk’s Political Influence

We explore Musk’s agenda and ideology.

Top stories - The New York Times - November 18

The myths that made Elon Musk

The tech billionaire’s backing of Donald Trump is part of a worldview that draws on Silicon Valley’s wildest frontiers

Business - Financial Times - 4 days ago

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...

How Trump’s ‘new star’ Elon Musk stands to benefit from his presidency

There are already signs of a return on the Tesla chief’s political investment, and there could be more to come. US elections 2024 – live updates US election results 2024: live map and ...

World - The Guardian - November 6

Trump returns to Washington flanked by Elon Musk, gets standing ovation from GOP

Donald Trump is back in Washington, arriving with billionaire Elon Musk. His first stop was to speak to House Republicans.

Oxford scientist resigns from Royal Society over Elon Musk’s continuing fellowship

Prof Dorothy Bishop said fellowship was ‘a contradiction of all the values’ of UK’s national academy of sciences. A leading scientist at the University of Oxford has resigned from the UK’s national ...

World - The Guardian - Yesterday

Musk may have overpaid for Twitter, but now he is rich in priceless — and dangerous — influence

When Elon Musk closed on what looked like a massive overpay for Twitter, I scoffed along with everyone else. What we all failed to see was the savviness of Musk’s purchase and, more importantly, ...

Politics - The Hill - October 31

Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene

A tour of the city’s cultural highlights with the co-founder and director of Art Week Tokyo

World - Financial Times - October 29

Reeves’ Budget measures risk hitting ‘working people’, analysts say

Some businesses will struggle with tax rises alongside a higher minimum wage and new labour laws

World - Financial Times - October 29

Black Twitter helped define the internet — so where will the exodus from X lead?

Black social media users, one of X’s most engaged demographics, are among the users leaving Elon Musk’s platform since the polarizing presidential election.

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