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Twitter shareholders sue Elon Musk and Twitter over chaotic deal

Getty Images| Lightrocket | Getty Images TwitterElon Musk and Twitter are being sued by shareholders for their handling of the chaotic acquisition process. This has led to volatility in Twitter’s stock prices. The Tesla and SpaceX CEO revealed a significant stake in Twitter on April 4, and ten days later proposed a buyout for $44 billion, or $54.20 […]

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Boeing lands Starliner capsule, completing a crucial test flight

Boeing’s Starliner Spacecraft seen just before it docks with the International Space Station (ISS) on May 20, 2022, during the uncrewed OFT-2 mission. NASA BoeingOn Wednesday, the Starliner uncrewed spacecraft was landed in New Mexico Desert. This completed a crucial test flightThe company is preparing to fly astronauts. Starliner landed at the U.S. Army’s White […]

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Elon Musk backs ‘tight’ background checks for all gun sales in wake of mass shooting in Texas

Elon Musk talks on stage at the Westworld Features Session of SXSW Austin Convention Center March 10, 2018, Austin. Getty Images| HBO | Getty Images Tesla and SpaceX CEO Elon Musk called for “tight” background checks for all gun purchases while also backing gun ownership as a “safeguard” against political tyranny — a day after a lone […]

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SpaceX president Gwynne Shotwell defends Elon Musk over sex misconduct allegations

Elon Musk, SpaceX’s CEO participates in a news conference after the launch of SpaceX Demo-2 to the International Space Station. This was held at NASA’s Kennedy Space Center in Florida. NASA/Kim Shiflett Gwynne shotwell, SpaceX president and COO has defended Elon MuskCNBC learned this information last week in an email sent to employees responding to […]

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Elon Musk’s SpaceX looks to raise $1.7 billion in new funding

On April 29, 2022, a Falcon 9 rocket launched a series of Starlink satellites into orbit. SpaceX CNBC learned that SpaceX raised an enormous round of funding. Its private valuation has risen to approximately $127 million. CNBC obtained a Friday company email that stated the venture was looking for $1.725billion in new capital. The share […]

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How Musk’s Twitter takeover plans shook Wall Street and social media

Elon Musk has many hats TeslaSpaceX CEO CEO, CEO of Boring Company, founder of Neuralink and Neuralink. A prolific writer, he is also. Twitter user. Wall Street and social media were shocked to hear that Musk offered $44 billion for Twitter in order to purchase the company and become its CEO. In an interview with […]

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Electric vehicle prices rise at Tesla, Rivian, GM and other carmakers

Tesla Model 3 at Tesla Store in Washington, D.C. The Washington Post | The Washington Post | Getty Images Automobile manufacturers from TeslaYou can find more information here RivianCadillac is increasing the price of their electric cars due to changing market conditions, rising commodity prices and increased costs for certain materials for EV batteries. The […]

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Nasdaq records first seven week losing streak since 2002

Trade updates can be seen on monitors located on the New York Stock Exchange’s trading floor in Manhattan.  Reuters| Reuters The tech industry hasn’t suffered a major selloff since 2001 after the burst of the dotcom boom. It NasdaqThe index fell 3.8% for the seventh week in a row, dropping by 3.8%. The tech-heavy index […]

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Tesla boss Elon Musk blasts Biden, Democrats on Twitter

TeslaElon Musk, the CEO, attacked Friday’s Biden administration as well as Democrats TwitterThe world’s wealthiest man has doubled down his vow to vote for Republicans. Musk tweeted that the Biden administration was doing everything it could to ignore Tesla despite their dominance of the electric car industry. Musk is trying to purchase Twitter at an […]

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5 things to know before the stock market opens Friday, May 20

These are the top news, trends, and analyses that traders need in order to get started with trading. 1. Stock futures rise after S&P 500 closes on brink of a bear market Traders operate on the New York Stock Exchange (NYSE), in Manhattan. New York City. U.S.A, May 19, 2022.  Reuters| Reuters U.S. stock futuresOne […]