
Elon Musk's net worth skyrockets nearly $11 billion
Tesla and SpaceX CEO, Elon Musk, has seen a significant increase in his net worth, as his fortune soared by $10.6 billion to $145.2 billion since he testified in court on Friday. According to Bloomberg Billionaire's Index, this marks the largest two-day gain since November. The surge in Musk's wealth comes after he was sued by Tesla shareholders for a tweet he posted in 2018, where he claimed to have "funding secured" to take the company private at $420 per share. However, the deal never happened and investors are now suing Musk for billions of dollars in damages. In court, Musk defended his tweet, stating that it was not a joke and that he believed he had secured funding from Saudi Arabia's Investment Fund. He also claimed that a major Saudi Arabian investor backed out of the deal and blamed them for "backpedaling" and "ass-covering". Musk also testified that he planned on selling SpaceX stock to take Tesla private when he posted the tweet. "SpaceX stock alone meant 'funding secured' by itself," he said. This recent increase in wealth almost makes up for Musk's loss of $13 billion in 2023. In 2022, he became the first and only person in history to lose $200 billion from their net worth. Much of Musk's wealth is tied up in shares of Tesla, which had a difficult year in 2022, falling almost 70% as investors questioned Musk's commitment to the company following his $44 billion Twitter takeover. His net worth has now fallen about $195 billion from its peak, according to Bloomberg. Support our ongoing Elon Musk News Coverage : https://patreon.com/stagezero Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Tammi 202312min

Elon Musk and Twitter fight inappropriate content + SpaceX Starship Update - Episode #213
Amid declining ad revenue and advertiser exits, Twitter announced today that it has teamed up with ad-tech companies DoubleVerify and Integral Ad Science (IAS) to tell advertisers if their ad is placed around inappropriate content. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Tammi 202310min

Elon Musk fraud Trial: Claims SpaceX Shares Could've Funded Tesla Buyout
In this episode of our podcast, we discuss the recent trial of entrepreneur Elon Musk and a revelation that came out of it. Musk stated that he had the means to finance the acquisition of Tesla using shares from SpaceX. This news has caused quite a stir in the business world and has people wondering about the future of both companies. Tune in to hear our expert analysis and opinion on this topic and what it could mean for the industry. This is a must-listen episode for anyone interested in the inner workings of business and the technology industry. Don't forget to subscribe to our podcast on Apple Podcasts for more updates and analysis on the latest business and technology news. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Tammi 20239min

SpaceX Starship Launch Update
Discover the innovation of SpaceX's reusable Starship launch vehicle system. With its advanced Super Heavy booster and Starship second stage, the Starship system is designed for efficient, two-stage-to-orbit heavy lift capabilities. Learn more about the future of space travel with the Starship system. Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Tammi 202316min

Elon Musk on trial for alleged fraud over Tesla buyout tweets
Elon Musk defends himself in court against accusations of fraud over 2018 tweet about financing for Tesla privatization deal. Elon Musk faces class-action lawsuit and $40 million settlement over accusations of misleading investors through tweet on Tesla privatization deal financing. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Tammi 202313min

Media giants Strike Big Twitter Deals for 2023
Twitter has announced plans to partner with over thirty news outlets, media companies, and sports leagues for content sponsorship deals in the first half of this year. The schedule of events, shared with advertising partners, highlights Twitter's strategy to drive revenue through strategic partnerships with industry leaders in news, media, and sports. #elonmusk #tech #news Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Tammi 202319min

Federal Judge Denies Elon Musk Trial
A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the billionaire to be thrust into a legal drama amid the turmoil of his Twitter takeover. The decision by U.S. District Judge Edward Chen came during a hearing held in San Francisco federal court to go over the final details of a trial scheduled to begin Tuesday with jury selection. #elonmusk #news #technology Learn more about your ad choices. Visit megaphone.fm/adchoices
18 Tammi 202320min

SpaceX Starship Update #20 - Orbital Flight Test
The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship" Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Tammi 20231h 5min

