Business Insider reports that billionaire Elon Musk has
lost about $100 billion this year, the largest one year
drop ever reported by the Bloomberg Billionaires Index.
The Tesla, SpaceX and now Twitter
CEO's net worth reached its lowest
point in 2022 on November 22.
The Tesla, SpaceX and now Twitter
CEO's net worth reached its lowest
point in 2022 on November 22.
Musk's net worth, which peaked
at $340 billion last November,
dropped to around $170 billion.
.
The plunge was reportedly
caused by Tesla shares falling to
a two-year low on November 21.
.
Musk's 15% stake in Tesla means that
the billionaire lost about $8.6 billion in just
one day as those stocks declined.
So far in 2022, Tesla stocks
have dropped about 58.03%.
Despite the losses, Musk remains
the world's richest individual.
Musk's net worth eclipses that of LVMH Moet Hennessy
Louis Vuitton CEO Bernarn Arnault, Amazon founder
Jeff Bezos and Microsoft co-founder Bill Gates.
.
Musk's net worth eclipses that of LVMH Moet Hennessy
Louis Vuitton CEO Bernarn Arnault, Amazon founder
Jeff Bezos and Microsoft co-founder Bill Gates.
.
Business Insider reports that Tesla stocks have faced broad
tech market selloffs amid fears of an economic downturn
and aggressive rate hikes by the Federal Reserve.
Business Insider reports that Tesla stocks have faced broad
tech market selloffs amid fears of an economic downturn
and aggressive rate hikes by the Federal Reserve.
Additional concerns that have driven down the value
of Tesla stocks are China's zero-COVID policies
and Musk's recent high-profile takeover of Twitter.
.
Additional concerns that have driven down the value
of Tesla stocks are China's zero-COVID policies
and Musk's recent high-profile takeover of Twitter.
SpaceX may attempt a Starship rocket system launch in March, its billionaire chief Elon Musk said in a tweet on Saturday. In January, Musk said that there was a "real shot" at launching Starship in late February, adding that a March attempt appears highly likely.
#SpaceX #ElonMusk #Space
The days of being verified for free on Twitter are coming to an end -- which goes for corporate accounts too ... who'll have pay a pretty penny for their.. TMZ.com
Elon Musk Banks Nearly $12B , of Tesla Money in a Week.
Elon Musk Banks Nearly $12B , of Tesla Money in a Week.
Fox Business reports that according to the Dow Jones Market Data Group, Musk added $11.98 billion to his wealth in seven days.
Musk holds 423,622,000 Tesla shares. .
Musk's holdings jumped from
$53.87 billion on Jan. 19 to $67.89 billion based on the closing price on Jan. 26. .
Tesla, which is up 48% since the beginning of 2023, remains the best performer on the Nasdaq 100.
According to the company's latest earnings release, Tesla brought in $24.32 billion in revenue in Q4.
That's a 37% increase from last year's fourth quarter.
Fox Business reports that Musk praised his Tesla team for delivering satisfactory results , "despite the fact that 2022 was an incredibly
challenging year due to forced shutdowns, very
high interest rates and many delivery challenges.".
Thus far in January, weâve seen the strongest orders year-toâdate than ever in our history. , Elon Musk, via earnings call.
Weâre currently seeing orders at almost twice the rate of production, Elon Musk, via earnings call.
In January, Tesla said its vehicle production for the quarter amounted to more than 439,700 vehicles.
Deliveries came in at around 405,300
Credit: Wibbitz Top Stories Duration: 01:31Published
The organisations behind the lawsuit are hoping this will set an international legal precedent that will help communities around the world keep Twitter accountable
Credit: euronews (in English) Duration: 02:51Published
A driver behind the wheel of a Tesla was fast asleep as the car traveled along a busy California freeway ... at least that's the way it looks in footage shot.. TMZ.com
US downs Chinese balloon, drawing a threat from China; Former Pakistan president Pervez Musharraf dies after long illness; Peshawar mosque blast: Suicide bomber was in police uniform; Over 160 die from freezing temperatures in Afghanistan; US and South Korea hold Joint Military Drills; Elon Musk Acquitted in Trial Over 2018 Tweets on Tesla; Arctic blast sweeps through US north-east;
#US #China #SpyBalloon
Elon Musk Announces , Legal Action and Twitter , Policy Change on Doxxing.
Gizmodo reports that Twitter CEO Elon Musk is taking
legal action against a University of Central Florida student
who publishes his flight information on social media.
Gizmodo reports that Twitter CEO Elon Musk is taking
legal action against a University of Central Florida student
who publishes his flight information on social media.
Jack Sweeney's @ElonJet account and his private account were permanently suspended from Twitter.
According to Musk, a "crazy stalker"
had followed a car driving his
2-year-old son, X, in Los Angeles.
Musk claims that the perpetrator
blocked the car from moving
before climbing on the hood.
Last night, car carrying lil X in LA
was followed by crazy stalker
(thinking it was me), who later blocked
car from moving & climbed onto hood. , Elon Musk, via Twitter.
Legal action is being taken against
Sweeney & organizations who
supported harm to my family, Elon Musk, via Twitter.
Later, the billionaire posted a video of the alleged
perpetrator and asked his over 120 million
followers if they recognized the car or its driver.
On December 14, Musk also announced
a change to Twitter's policy on
sharing real-time information.
Any account doxxing
real-time location info
of anyone will be suspended, Elon Musk, via Twitter.
According to Musk, the sharing of
people's real-time location poses a , âphysical safety violation.â.
Gizmodo reports that Sweeney's other accounts, which track more celebrities' planes, including Drake, Jeff Bezos and Taylor Swift, were also permanently suspended.
Gizmodo reports that Sweeney's other accounts, which track more celebrities' planes, including Drake, Jeff Bezos and Taylor Swift, were also permanently suspended.
Gizmodo reports that Sweeney's other accounts, which track more celebrities' planes, including Drake, Jeff Bezos and Taylor Swift, were also permanently suspended.
Gizmodo reports that Sweeney's other accounts, which track more celebrities' planes, including Drake, Jeff Bezos and Taylor Swift, were also permanently suspended
Credit: Wibbitz Top Stories Duration: 01:30Published
Since Covid began, various conspiracy theories came to the fore, people were quick to form many theories about what caused the virus to spread so rapidly. The theory that took the people by surprise the most was the notion that Microsoft founder Bill Gates was the mastermind behind the coronavirus. The Microsoft co-founder has finally broken his silence on the circulating theories and the allegations against him.
#BillGates #Covid19 #CovidConspiracyTheory
Billionaire businessman and philanthropist Bill Gates' stab at cooking a roti drew praise from Prime Minister Narendra Modi who encouraged him on Saturday to try.. IndiaTimes
Bill Gates Weighs In , On Conspiracy Theories.
'Newsweek' reports that Bill Gates believes traditional
media is helping to magnify conspiracy theories
regarding his role in the global vaccine rollout.
According to the Microsoft founder, advances
in technology have increased the ability for
misinformation to be created and spread.
According to the Microsoft founder, advances
in technology have increased the ability for
misinformation to be created and spread.
Despite these unforeseen consequences
of our technological advancement,
Gates remains optimistic about the future.
The downsides of a modern technology,
we have been able to manage those
to the benefit of mankind. , Bill Gates, Billionaire philanthropist, via 'Newsweek'.
The billionaire added that the next generation, "will hopefully be creative about social media
and how we make it more of a force for good.".
As conspiracy theories regarding Gates
spread across social media, calls were raised
for tech firms to crackdown on misinformation. .
As conspiracy theories regarding Gates
spread across social media, calls were raised
for tech firms to crackdown on misinformation. .
'Newsweek' reports that some of the imposed
censorship has been condemned by Republicans as
overreach by Democratic officials and tech firms.
Since January 2020, the Bill and Melinda Gates
Foundation has invested over $770 million
in funding the fight against COVID.
According to figures from the World Health Organization
(WHO), the Gates' foundation gave more more money to the
United Nations agency than the United States government.
According to figures from the World Health Organization
(WHO), the Gates' foundation gave more more money to the
United Nations agency than the United States government.
Nobody would have predicted that I and
[Anthony Fauci, the former medical adviser
to the president] would be so prominent in
these really evil theories. I'm very surprised
by that [and] I hope it goes away, Bill Gates, Billionaire philanthropist, via Reuters.
Nobody would have predicted that I and
[Anthony Fauci, the former medical adviser
to the president] would be so prominent in
these really evil theories. I'm very surprised
by that [and] I hope it goes away, Bill Gates, Billionaire philanthropist, via Reuters
Credit: Wibbitz Top Stories Duration: 01:30Published
Latest Fed Rate Outlook , Has Mixed Impact , on US Stock Markets.
Business Insider reports that U.S. stocks saw
mixed results as investors reacted to the
latest Federal Reserve interest rate outlook.
Business Insider reports that U.S. stocks saw
mixed results as investors reacted to the
latest Federal Reserve interest rate outlook.
On January 9, San Francisco Fed President Mary Daly,
along with Atlanta Fed President Raphael Bostic, said
the central bank is likely to raise rates past 5%.
On January 9, San Francisco Fed President Mary Daly,
along with Atlanta Fed President Raphael Bostic, said
the central bank is likely to raise rates past 5%.
According to Business Insider, they also said
the Fed is expected to keep rates raised as
a means of combating record-high inflation.
CME FedWatch suggests 80% odds
that another 25-basis-point hike
is on the way in February.
Investors are also eagerly anticipating
the December Consumer Price Index
report due out on January 12.
That report is a key inflation measure
that will have an influence on the
central bank's upcoming policy decisions. .
At the closing bell on January 9, the S&P 500 ended the day
down 0.08%, the Dow Jones Industrial Average ended
down 0.34% and the Nasdaq Composite went up 0.63%. .
Meanwhile, Bank of America has warned
that stock valuations remain too high and
the market risks dropping by as much as 30%.
Meanwhile, Bank of America has warned
that stock valuations remain too high and
the market risks dropping by as much as 30%.
Morgan Stanley has warned
that the S&P 500 could
slip an additional 22%. .
Morgan Stanley has warned
that the S&P 500 could
slip an additional 22%. .
However, according to Moody's economist, the chances
of the U.S. avoiding a recession are growing as
the number of layoffs has been below expectations.
Credit: Wibbitz Top Stories Duration: 01:31Published
A camera on top of Hawaiiâs tallest mountain has captured a mysterious flying spiral above the islandâs night sky. This ghostly blue spiral spotted in the sky over Hawaii could be related to a SpaceX satellite launch.
#SpaceX #Hawaii #MysteriousFlyingSpiral
US President Joe Biden renominates Eric Garcetti as envoy to India; SpaceX launches 114 satellites in first mission of 2023 marking its 200th successful launch; Israel's far-right minister Ben-Gvir visits Jerusalem's Al-Aqsa mosque, US voices concerns; Vladimir Putin orders screening of Ukraine assault documentary films in Russian theatres.
#EricGarcetti #JoeBiden #USAmbassador
Elon Musk's SpaceX is on a spree of launching satellites. After successfully launching one satellite every week in 2022, this year seems to be holding more for the tech-company. The Aerospace company has launched 114 satellites in the first mission of 2023 crossing the milestone of the 200th successful launch in its space exploration history.
#SpaceX #ElonMusk #Falcon9
NASA Chief Says China Could Claim the Moon , if It Beats the US to Its Surface.
NASA Administrator Bill Nelson gave an interview with Politico that was published on Jan. 1.
He said that China's military aggression in the
South China Sea could allude to the future of the moon.
Specifically, if China makes it back to the moon's surface before the U.S., it may attempt to claim it as its own territory. .
It is a fact: we're in a space race. And it is true that we better watch out that they don't get to a place on the moon under the guise of scientific research. , Bill Nelson, NASA Administrator, via Politico.
And it is not beyond the realm of possibility that they say, 'Keep out, we're here, this is our territory.' If you doubt that, look at what they did with the Spratly Islands, Bill Nelson, NASA Administrator, via Politico.
China's new space station, Tiangong,
was recently completed.
Beijing intends to conduct three moon missions over the next decade.
The country also claims it discovered a
new potential energy source on the moon.
NASA plans to land astronauts on the moon by 2025 with its Artemis 3 mission that it is working on with SpaceX.
I ask the question every day: 'How is SpaceX's progress?' And all of our managers are telling me they are meeting all of their milestones, Bill Nelson, NASA Administrator, via Politico
Credit: Wibbitz Top Stories Duration: 01:30Published
Elon Musk Now Holds World Record , for Greatest Loss of Wealth.
'Forbes' reports that Musk's net worth went from $320 billion in 2021 to $138 billion in January 2023.
Plummeting Tesla shares
accounted for much of the drop. .
Those shares fell even more after Musk acquired Twitter for $44 billion.
Those shares fell even more after Musk acquired Twitter for $44 billion.
According to the Guinness World Records, the $182 billion to $200 billion Musk lost is the "largest loss of personal fortune in history.".
Softbank founder and CEO Masayoshi Son previously held the record for losing $58.6 billion in 2000.
Musk is now the second-richest person in the world.
Bernard Arnault, co-founder and
CEO of LVMH, is now the richest.
He has an estimated net worth of $190 billion
Credit: Wibbitz Top Stories Duration: 01:30Published
Russia bombs Ukraine at Midnight after self-proclaimed Ceasefire ends; UN Security Council Members stress Jerusalem's Al Aqsa Mosque Status Quo; China ends quarantine for overseas travellers; Republican Kevin McCarthy picked as US House Speaker after election drama; William grabbed collar, threw me to the ground claims Prince Harry in his book; Japan is paying families 1 million Yen per child to move out of Tokyo; Two helicopters collide mid-air in Australia leaving 4 Dead; Twitter hacked, over 200 million user email addresses leaked; Son of Mexican Drug Lord El Chapo arrested
#RussiaUkraineWar #ChristmasCeasefire #Russia
Future historians may come to regard 2022 as a hinge in history, marking the end of one era and the beginning of another. 2022 has been a year like no other. A deadly war broke out in Ukraine; Britain lost its familiar face of royalty before being rocked by a political and economic crisis; the desperate people of Sri Lanka booted out their president after suffering for months; Iranians put their lives at stake to protest against an oppressive government; and last but not least, the familiar comfort of social media went haywire with Elon Musk taking over Twitter. We have listed the top 10 events that we believe shaped or shook the world in 2022.
#AntiNATOProtests #ChinaProtests #FranceProtests
Jack Sweeney Is Tracking Elon Musk Again , on Twitter Under âElonJetNextDayâ.
Jack Sweeney Is Tracking Elon Musk Again , on Twitter Under âElonJetNextDayâ.
Sweeney, 20, started tracking Musk's private jet under the account @ElonJet in 2020.
He said he did it because he was a fan, but Musk wasn't happy about it and threatened to sue him.
He also suspended his Twitter accounts, including @ElonJet, tweeting that "any account doxxing real-time location info of anyone will be suspended, as it is a physical safety violation." .
But Twitter's updated doxxing policy still appears to allow "sharing publicly available location information after a reasonable time has elapsed, so that the individual is
no longer at risk for physical harm.".
So Sweeney made the new account, @ElonJetNextDay, and will continue to track Musk's location, but it will be delayed by 24 hours.
Sweeney said that as of now, he'll be
"posting manually" because "the framework for automating isn't there yet.".
He also pointed out that "@ElonJet is still available elsewhere" such as Truth Social.
Sweeney told Insider that he also intends to bring other accounts such as @Celebjets to Instagram, Facebook and more
Credit: Wibbitz Top Stories Duration: 01:31Published
Worldâs most popular Youtuber MrBeast asked Twitter Boss Elon Musk that if he could be the next CEO after Musk posted a poll on the mirco-blogging site asking if he should step down as the CEO of the company.
#ElonMusk #MrBeast #TwitterCEO
A report with Bloomberg stated that Gautam Adani has fallen out of the list of the world's top 10 richest people. According to the Bloomberg Billionaires Index, the tycoon was earlier positioned fourth on the list.
#GautamAdani #HindenburgReport #AdaniGroup
Elon Musk has shared a picture of his bed side table, in the picture few cans of Diet Coke can be seen along with two hand guns.
#ElonMusk #Twitter #DietCoke
Why did Kanye West visit Donald Trump's Mar A Lago and bring a "holocaust denier" with him? Was this an attempt to smear Donald Trump? Ye also claims he is running for..
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