Fidelity increased the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this margin, Fidelity still values the company at 72 percent less than the $44 billion Musk bought it for in 2022. Axios reports that this move is likely related to […]
Fidelity Reportedly Increased Its Stake in X by 32 Percent– BC Read More »
X’s former senior policy chief accepted a job at Tools for Humanity, the company building the technology to support the World Network (formerly Worldcoin). Nick Pickles, previously head of global affairs at Elon Musk’s social media platform X, will serve as chief policy officer at Tools for Humanity, which OpenAI CEO Sam Altman co-founded five
Former X Policy Chief Joins Sam Altman’s Tools for Humanity– BC Read More »
Elon Musk, the chief executive of X and several other companies with the letter “X” in their names, is in the crosshairs of regulators after failing to testify this month in an investigation related to Musk’s acquisition of Twitter. In a filing today, the U.S. Securities and Exchange Commission (SEC) said it intended to seek
Elon Musk threatened with SEC sanctions for failing to appear in court– Brit Commerce Read More »
