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[101] [c] The lawsuit characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO of publicly traded companies. [101] [105] [106] Two days later, Musk settled with the SEC, without admitting or denying the SEC's allegations.
Elon Musk is a South African-born businessman and the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [417] and $397 billion according to Forbes, [418] primarily from his ownership stakes in Tesla, Inc., and SpaceX. [419]
Texas is now home to 3.3 million startups and 1 in 10 US publicly traded companies. ... Billionaire Elon Musk has added momentum to the migration. He moved Tesla's headquarters to Austin in 2021 ...
Tesla rejoined the list in November 2024 after the company’s shares soared following the election of former President Donald Trump, whom Tesla CEO Elon Musk strongly supported. Broadcom was the ...
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [21] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [12] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
Investors in platform that Tesla CEO bought for $44bn in 2022 include Silicon Valley venture capital firms and fund linked to Sean ‘Diddy’ Combs
In 2018, Musk was sued by the SEC for a tweet stating that funding had been secured for potentially taking Tesla private. [1] [a] The lawsuit characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO of publicly traded companies.
Visionary Tesla CEO Elon Musk is constantly in the news for his outlandish quotes and inspired ideas. While well-known for his role at Tesla, Musk is also a serial investor and entrepreneur. Find...