The Latest Breaking News from Elon Musk

Twitter sues Elon Musk over bid to exit $44bn takeover deal

Company seeks to force completion of sale, saying billionaire ‘refuses to honor his obligations’

The Guardian - US · Jul 12, 2022

Twitter suing Elon Musk to hold him to £36.5billion merger after deal dropped

In a statement last Friday, the Tesla CEO sent a letter to the social media company’s board saying he was terminating the acquisition

Daily Mirror · Jul 12, 2022

Twitter sues Elon Musk for breach of contract

The social media giant made good on its threat.

Axios · Jul 12, 2022

Rivian’s job cut is just the latest in gloomy-looking car sector

Auto companies old and new have held up remarkably well amid the pandemic. Stark early warnings about an unprecedented shock to an industry that would maybe need another cash for clunkers-style shot in the arm look awfully alarmist a couple years later.

Tribune News Service · Jul 12, 2022

Ex-M&A Lawyer From Twitter's Law Firm Has Advice For Elon Musk, But Calls Him 'Rich, Weird And Stubborn'

Matt Levine is a Bloomberg Opinion columnist covering the financial markets, and he’s got a word of advice for Tesla Inc’s (NASDAQ: TSLA) Elon Musk on how to handle the Twitter Inc (NYSE:

Benzinga · Jul 12, 2022

Analysis: Can The Webb Telescope Photos Inspire A Space Industry Boom During A Recession?

NASA unveiled a series of dramatic full-color photographs taken by the James Webb Space Telescope, offering the deepest imagery ever captured of the distant edges of the universe.

Benzinga · Jul 12, 2022

From ‘good man’ to ‘bulls*** artist’: How Trump and Musk’s bromance came crashing down

Tesla and SpaceX founder says former president should ‘hang up his hat and sail into the sunset’

The Independent UK · Jul 12, 2022

Is Elon Musk Taking His Own Advice? Why Rescinding His Twitter Deal May Mean More Than You Think

Billionaire Elon Musk pulled out of his very public Twitter (NYSE: TWTR) deal on July 9, 2022, and Twitter has since vowed legal action against the

Benzinga · Jul 12, 2022

How Twitter vs. Musk will end

The magnitude of losses involved, especially for Musk, ranges wildly.

Axios · Jul 12, 2022

Elon Musk wants everyone to have big families like him – but who’s going to pay for them?

The world’s richest man won’t struggle to feed and clothe his offspring. The rest of us have to worry about childcare, medical bills, billionaires who don’t want to pay more tax …

The Guardian - UK · Jul 12, 2022