Elon Musk

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Elon Musk Is Now the $300B Man
Elon Musk
Is Now the
$300B Man
Nov 8, 2024 1:18 PM CST

Elon Musk Is Now the $300B Man

Tesla stocks soar in the wake of Donald Trump's win, sending the company's valuation to over $1T

(Newser) - Meet the $300 billion man . That would be Elon Musk, according to Forbes , which reports that Tesla racked up big bucks from Donald Trump's election win, with the company's market value surpassing $1 trillion on Friday for the first time since April 2022, per YCharts . The 53-year-old billionaire...

The World's Richest Had a Very Good Post-Election Day

Elon Musk, Jeff Bezos, Larry Ellison saw windfalls in the billions after Trump was elected

(Newser) - Wednesday was a very good day for Donald Trump, who learned in its wee hours that he had secured himself a second term in the White House, but it was also a happy day for planet Earth's richest dudes as the stock market surged . Quartz takes a look around...

'Election Integrity' Page Grew Quiet Around Midnight

When Trump won, calls to investigate the voting faded

(Newser) - Millions of X users had visited an "election integrity" discussion page for updates on voting mayhem—bomb threats and power outages at polling places, the latest accusations that Democrats were trying to steal the election in a new way. The page was created by America PAC, Elon Musk's...

The World Reacts to Trump's Victory

Stormy Daniels, Volodymyr Zelensky, Hamas weigh in

(Newser) - People around the world are absorbing the news that Donald Trump will retake the White House, with world leaders from Israel to Hungary offering up congratulations, along with praise. Several leaders described the win as "historic." More than one called it the biggest comeback in US history. Other...

Musk, PAC Hit With Lawsuits Over $1M Giveaway
The Hits Keep Coming
Over Musk's $1M Giveaway
THE RUNDOWN
Nov 6, 2024 7:11 AM CST

The Hits Keep Coming Over Musk's $1M Giveaway

Day after judge rules his PAC could continue sweepstakes, 2 lawsuits emerge

(Newser) - Two individuals have sued Elon Musk over his $1 million-a-day election giveaway, and one hopes to turn it into a class-action suit. Reuters reports that the complaint filed by Jacqueline McAferty in Austin, Texas, alleges Musk and his pro-Trump America PAC fraudulently prompted voters to sign his petition to support...

Musk PAC Giving Millions Away Says Winners Aren&#39;t Random
Judge Says
Musk PAC Giveaway
Can Continue
UPDATED
Nov 4, 2024 4:51 PM CST

Judge Says Musk PAC Giveaway Can Continue

Billionaire's lawyers say winners of $1 million-a-day prizes weren't chosen by chance

(Newser) - A Pennsylvania judge ruled Monday that the $1 million-a-day giveaway by Elon Musk's pro-Trump America PAC can continue until Election Day. Judge Angelo Foglietta issued the ruling, without explaining his reasoning, after Musk's lawyers said winners of what had been advertised as a lottery-style giveaway were paid spokespeople...

Musk Is a No-Show at Hearing on $1M-a-Day Offer

Pennsylvania case is being moved to federal court

(Newser) - A Pennsylvania prosecutor's effort to shut down Elon Musk's $1 million-a-day voter sweepstakes moved to federal court on Thursday after a state judge let both sides debate their grievances in a hearing skipped by the world's richest man. The move to federal court allows Musk to continue...

Musk: &#39;Temporary Hardship&#39; Under Trump Spending Plans
Musk: 'Temporary Hardship'
Under Trump Spending Plans
THE RUNDOWN
Oct 31, 2024 12:00 PM CDT

Musk: 'Temporary Hardship' Under Trump Spending Plans

He says he'll find $2 trillion to cut from federal spending

(Newser) - Elon Musk is set to lead a " government efficiency commission " if Donald Trump wins the election—and the world's richest man admits that there will be some "temporary hardship" under Trump's plans. Asked about cutting the nation's debt at a telephone town hall Friday,...

Report: Musk Has Bought a 'Compound' for His Families

Sources tell the New York Times he wants some of his 11 kids to grow up in neighboring mansions

(Newser) - Elon Musk has been working to put together an "unusual family compound" in Austin, Texas to house at least some of his 11 known children and their mothers, according to the New York Times , which cites "four people familiar with his plans." The sources say the world'...

Philadelphia DA Sues Musk Over $1M Giveaways

Progressive Larry Krasner calls it an 'illegal lottery scheme' to sway voters for Trump

(Newser) - The district attorney in Philadelphia has sued Elon Musk to stop his $1 million daily giveaway to registered voters, reports ABC News . DA Larry Krasner says Musk and his America PAC are running what is "indisputably an unlawful lottery," reports NBC News . Musk has given away at least...

Trump Campaign: We Didn't Like the Puerto Rico Joke

And more from Sunday's Madison Square Garden event

(Newser) - A comedian's speech at Donald Trump's Sunday night rally at Madison Square Garden in New York City was being widely described as racist by media outlets. As the Hill reports, Tony Hinchcliffe, whose stage name is Kill Tony, at one point said:
  • "I don't know if
...

Elon Musk: I Was Never an Illegal Worker in US

Trump supporter refutes Biden's recent comments about him

(Newser) - Elon Musk says he's no illegal worker, as President Biden indicated over the weekend . Biden said Musk was in the US on a student visa in the 1990s, but instead of attending school, he worked. A Washington Post investigation found that Musk failed to enroll in any classes for...

Biden: Musk 'Turned Out to Be an Illegal Worker'

Washington Post reports billionaire had no right to be in US when he arrived

(Newser) - After the Washington Post reported that Elon Musk worked illegally in the US in the 1990s, President Biden pointed out the disconnect between the billionaire Trump ally's past and his rhetoric about immigration. "Well, that wealthiest man in the world turned out to be an illegal worker here,...

Elon Musk Has Secretly Been in Contact With Putin: Report

Conversations are a 'closely held secret' in the administration, WSJ reports

(Newser) - Elon Musk has a warmer relationship with Vladimir Putin than the public, and even some White House officials, are aware of, according to the Wall Street Journal , which cites "several current and former US, European, and Russian officials." The Journal's sources say Musk and the Russian leader...

Elon Musk Reportedly Got Warning From Justice Department

Over his $1M petition-signing contest

(Newser) - There's been much speculation over the legality of Elon Musk's $1 million petition-signing giveaway , and apparently the Justice Department has its own concerns. That's according to sources who spoke to outlets including CNN , NBC News , and the New York Times . The sources say the DoJ recently sent...

Elon Musk Just Got Sued Over His Robotaxi Rollout

Producer of Blade Runner 2049 says Tesla used AI imagery similar to the film

(Newser) - The production company behind Blade Runner 2049 has sued Elon Musk over the recent rollout of Tesla's new self-driving Robotaxi . Alcon Entertainment says it rejected a request from Musk to use imagery from the 2017 movie at the vehicle's launch party, reports the New York Times . "He...

Elon Musk: 'Guess I Better Cancel That Open-Car Parade'

He accuses media of 'actively encouraging' his assassination

(Newser) - Elon Musk is all in on Donald Trump, and he fears it's making him a target. In a post on X Sunday, the billionaire said that with "their relentless hit pieces, legacy mainstream media are actively encouraging the assassination" of Donald Trump, and now him. Musk shared a...

So, Is Elon Musk's $1M Offer Actually Legal?

It's not clear, but some election law experts are concerned

(Newser) - Elon Musk says he'll give $1 million every day from now until the presidential election to a registered voter who signs his petition pledging support for the first two constitutional amendments—but is that even legal? That's the question multiple outlets are weighing in on. Until Tuesday, only...

Musk Gives Petition Signer a $1M Check

Billionaire Trump supporter says one payment will be handed out at random each day until election

(Newser) - Elon Musk had already increased his cash reward to registered voters who sign his free-speech-and-guns petition from $47 to $100 . He's now sweetened the pot by promising to give someone picked at random from the signees $1 million, a bonanza he said he'll repeat every day until the...

Musk&#39;s Offer for Signatures Could Cost $47M
Musk: My Offer
to Sign Petition
Is Now $100
updated
Oct 18, 2024 2:14 PM CDT

Musk: My Offer to Sign Petition Is Now $100

Effort to sign up supporters of free speech and bearing arms will gather names of potential voters

(Newser) - Reassessing the market, Elon Musk is upping his if-you-act-now offer to voters to sign a petition in exchange for cash. The billionaire on Thursday posted on X that he's more than doubling the original offer of $47, to be paid by his pro-Donald Trump super PAC, NBC News reports....

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