Elon Musk

Elon Musk took the stage over the weekend to announce a new partnership between Tesla, SpaceX and xAI  to build a $25 billion chip-making factory in Austin, Texas, called Terafab.  Acknowledging Samsung, TSMC and other chipmakers, Musk said the Terafab project needs to get off the ground because existing semiconductor…

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Elon Musk has announced the Terafab project, a joint venture between Tesla, SpaceX and xAI, to build the "largest chip manufacturing facility ever." In his usual grandiose fashion, Musk claims Terafab is the next step towards harnessing the power of the sun and creating a "galactic civilization." Musk, CEO of…

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Elon Musk on Saturday offered to personally cover the paychecks of Transportation Security Administration officers as a partial government shutdown enters its fifth week, leaving tens of thousands of airport security workers without pay and travelers facing hours-long checkpoint lines...Read More

A US federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in 2022. The verdict from a jury in San Francisco federal…

Home / World Glenn Chapman AFP · 21 Mar, 2026 03:57 AM 3 mins to read A Federal jury has ruled that Elon Musk deliberately suppressed Twitter stock pre-acquisition. Photo / Getty Images A Federal jury has ruled that Elon Musk deliberately suppressed Twitter stock pre-acquisition. Photo / Getty Images…

Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk defrauded Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday.…

A jury in a San Francisco court concluded today that Elon Musk intentionally misled investors in an attempt to drive down the price of Twitter Inc. ahead of his purchase of the company. Here are the details. Musk on the hook for billions of dollars As reported by Bloomberg :…