Catenaa, Tuesday, February 11, 2025-Elon Musk and a group of investors have submitted a $97.4 billion bid to acquire OpenAI’s controlling nonprofit entity, intensifying the ongoing dispute between Musk and OpenAI CEO Sam Altman, The Wall Street Journal reported Monday. Altman swiftly dismissed the offer with a post on X, formerly Twitter, saying, “No thank […]
Catenaa, Friday, May 30, 2025-Elon Musk on Wednesday refuted Telegram’s announcement of a $300 million partnership to integrate xAI’s Grok chatbot into the messaging app, saying no agreement has been finalized. The contradiction followed Telegram CEO Pavel Durov’s public claim that his company had entered a cash-and-equity deal with Musk’s xAI to deploy Grok across […]
Caytenaa, Wednesday, January 01, 2025 – Billionaire Elon Musk, owner of X, has changed his profile name to “Kekius Maximus,” a nod to cryptocurrency and internet meme culture, igniting controversy over its ties to far-right symbolism. Musk updated his profile picture to an altered image of “Pepe the Frog” in Roman armor, a character often […]
Catenaa, Thursday, Januray 2, 2025 – Elon Musk’s sudden decision to revert to his original avatar on social platform X sent shockwaves through the cryptocurrency market Wednesday, causing the Solana-based memecoin “Kekius Maximus” (KEKIUS) to plummet 90% within minutes. KEKIUS had surged earlier in the day, hitting $0.0057, before collapsing to $0.001165 shortly after Musk […]
Catenaa, Thursday, April 03, 2025- Elon Musk confirmed during a town hall meeting on March 30 that there were no plans for the US government to adopt Dogecoin. The comment comes amid speculation fueled by Musk’s involvement in political circles and his role in the America PAC, a political action committee supporting President Donald Trump. […]
Catenaa, Monday, March31, 2025- Elon Musk has sold social media platform X to his artificial intelligence firm xAI in an all-stock deal, valuing xAI at $80 billion and X at $33 billion, the billionaire announced Friday. The move comes as Musk faces renewed legal pressure after a U.S. judge rejected his bid to dismiss a […]
Catenaa, Wednesday, January 8, 2025 – Elon Musk, a prominent advocate of Dogecoin, has issued a warning, suggesting that the cryptocurrency’s price could see a significant drop. Speaking to his social media followers, Musk cautioned investors to be prepared for volatility, emphasizing the risks associated with cryptocurrency markets. The billionaire entrepreneur, who has previously influenced […]
Catenaa, Tuesday, April 08, 2025- World richest man Elon Musk’s wealth dropped below $300 billion on Monday for the first time since 2024, due to impacts of recent Tesla backlash and sweeping new tariffs. Bloomberg Billionaires Index showed that Musk was worth $298 billion as of market close Monday, since the beginning of the year, […]
Catenaa, Friday, April 04, 2025-Goldman Sachs raised the probability of a US recession to 35%, up from 20%, citing economic risks tied to tariffs and policy uncertainty. As economic turbulence grows, conflicting reports emerged Wednesday about Elon Musk’s potential departure from his role with the Department of Government Efficiency (DOGE), an advisory entity under the […]
Catenaa, Friday, February 21, 2025 – Japan has drawn up plans for Elon Musk’s Tesla to invest in Nissan following the collapse of merger talks with Honda, according to a report from the Financial Times on Friday. The report said a high-level Japanese group, including a former prime minister, has drawn up plans for Elon Musk’s Tesla […]
Catenaa, Thursday, April 03, 2025- The Tesla board has reportedly asked Elon Musk to step down as CEO due to declining Tesla sales and his increasingly controversial public behavior.Musk is yet to respond to the reports.Amid growing pressure, Tom Zhu, president of Tesla China, has emerged as a potential successor. The board, previously criticized for […]
Catenaa, Tuesday, May 20, 2025- Tesla CEO Elon Musk said the stock price shows that the EV maker is in a good state and investors should not worry about the company’s recent performance. At the Qatar Economic Forum on Monday, Musk faced hard questions about his involvement in political spending and Tesla’s recent sales performance, […]
Catenaa, Thursday, February 13, 2025 – Elon Musk and a group of investors have offered to acquire OpenAI operating assets for $97.4 billion in cash, according to a letter of intent filed in a California federal court Wednesday. The letter sets a May 10 deadline for OpenAI to accept or reject the offer. The filing […]
Catenaa, Wednesday, April 23, 2025-Elon Musk said he will step back from his federal government role next month to concentrate on Tesla after the electric vehicle maker reported a staggering 71% plunge in first-quarter profits, intensifying pressure on the billionaire CEO. Speaking during Tesla’s earnings call Tuesday, Musk confirmed his “time allocation to DOGE will […]
Catenaa, Friday, May 09, 2025- A new front in Silicon Valley’s tech wars is opening, as Sam Altman and Elon Musk compete to build the West’s first true “everything app”-a multifunctional digital platform combining social networking, financial tools, messaging, AI, and more. Altman, chairman of Tools for Humanity and CEO of OpenAI, this week showcased […]
Catenaa, Monday, January 27, 2025 – Elon Musk’s Department of Government Efficiency (DOGE) is reportedly investigating blockchain adoption as part of a broader initiative to streamline federal systems, according to Bloomberg. Potential use cases include tracking federal spending, managing government assets, and facilitating payments. DOGE representatives have allegedly engaged with public blockchain providers to assess […]
Catenaa, Wednesday, April 16, 2025- OpenAI is reportedly developing a generative AI-powered social media platform that could directly compete with Elon Musk X, escalating an already heated rivalry between the two tech moguls. According to The Verge, OpenAI’s internal prototype centers on a social feed integrated with ChatGPT’s image generation tools. CEO Sam Altman has […]
Catenaa, Tuesday, April 01, 2025-The U.S. Securities and Exchange Commission (SEC) has begun integrating officials from Elon Musk Department of Government Efficiency (DOGE), according to an internal email sent to SEC staff Friday. The email stated that DOGE members would be treated as SEC staff for network and data access, subject to security training and […]
Catenaa, Thursday, January 16, 2025 – The US Securities and Exchange Commission (SEC) filed a lawsuit Tuesday against Elon Musk, accusing the billionaire of failing to disclose his significant stake in Twitter on time, allegedly saving $150 million in share purchases. SEC rules require investors to report holdings exceeding 5% within 10 days. Musk reportedly […]
Catenaa, Tuesday, May 27, 2025- Tesla sales performance in Europe continues to deteriorate as sales collapsed by 49% in April, data released on Tuesday showed, with Model Y continuing to fail. Data released by the European Automobile Manufacturers Association (ACEA) shows that the EV maker continues to battle a brand crisis in its third-largest market, […]
Catenaa, Wednesday, March 19, 2025-Tesla sales in Germany plummeted 76% in February as the electric vehicle maker faced backlash over CEO Elon Musk’s political ties and increasing competition in Europe’s biggest economy. According to the German Federal Motor Authority, Tesla sold just 1,429 vehicles last month despite a 31% rise in overall EV sales. Year-to-date, […]
Catenaa, Wednesday, April 02, 2025- Tesla reported well below first quarter global deliveries as demand issues hit the company amidst price concerns from tariff hikes. For the quarter, Tesla reported 336,681 deliveries vs. 390,342 estimated, making it the worst quarter for deliveries since the second quarter of 2022. “While the changeover of Model Y lines […]
Catenaa, Friday, March 07, 2025- US added over 150,000 jobs in February, the Labor Department said on Friday, offering reassurances that the labor market has remained relatively stable since President Trump took office. The US added a seasonally adjusted 151,000 jobs in February, slightly below the gain of 170,000 jobs economists polled by The Wall Street Journal […]
Catenaa, Wednesday, April 30, 2025– Wall Street banks have finally got rid of the $13 billion debt tied to Elon Musk’s 2022 buyout of the social media platform now known as X, the Wall Street Journal reported. Quoting sources familiar with the matter, WSJ said that investors purchased the remaining $1.2 billion in loans on […]