How Elon Musk helped lift the ceiling on CEO pay

When Tesla awarded Elon Musk a multibillion-dollar pay package in 2018, the landmark deal helped to vastly increase the potential compensation of the CEOs at many of America’s biggest public companies. The package was composed entirely of an enormous stock grant tied to the company’s performance. As Tesla has sold enough electric vehicles to become … Read more

Elon Musk says he wants 1 billion Twitter users in first address to employees

For weeks, Elon Musk has publicly trashed Twitter, even though he is buying the company in a $44 billion deal. On Thursday, he finally acted like an owner. In an hourlong question-and-answer session in the morning with Twitter’s 8,000 or so employees — the first time Musk has spoken with them since he agreed to … Read more

Elon Musk Sparks Chaos By Pausing Twitter Deal, Then Insisting It’s On

Fighting fake accounts has been a cornerstone of Elon Musk’s bid to reform Twitter. (File) Elon Musk sowed new chaos into the market over his takeover bid for Twitter Inc. on Friday, first claiming his offer was “temporarily on hold” and then maintaining he is “still committed” to the deal, sending the social media giant … Read more

Elon Musk sows doubt over his $44 billion Twitter takeover

NEW DELHI: Elon Musk sewed new chaos into the market over his takeover bid for Twitter on Friday, first claiming his offer was “temporarily on hold” and then he is “still committed” to the deal, sending the social media giant into a tailspin. The billionaire initially sent an early tweet saying the $44 billion deal … Read more

Elon Musk left a South Africa that was rife with misinformation and white privilege

Elon Musk’s impending takeover of Twitter has many people probing his public statements and his past for clues about how he will shape one of the world’s most public platforms. But Musk, best known for owning the companies Tesla and SpaceX, has not talked much in public about a significant swath of his past: how … Read more

Elon Musk Secures $7.1 Billion In New Financing For Twitter

Elon Musk has sold more than $8.5 billion of Tesla stock to finance the deal. Elon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter Inc. The equity commitments from 19 investors come … Read more

Elon Musk’s grand vision for Twitter faces reality check in Asia

For all the furor about which way Elon Musk might tilt US political discourse emerges after getting the keys to Twitter Inc, his biggest challenges may across the Pacific. Asia, home to more than half the world’s population, is Twitter’s biggest growth opportunity and arguably a far thornier challenge. If the Tesla Inc. And SpaceX … Read more

Elon Musk’s Twitter Goals Face Reality Check In India, China

Asia is Twitter’s biggest growth opportunity and arguably a far thornier challenge. (File) For all the furor about which way Elon Musk might tilt US political discourse emerges after getting the keys to Twitter Inc, his biggest challenges may across the Pacific. Asia, home to more than half the world’s population, is Twitter’s biggest growth … Read more

Can Elon Musk make Twitter’s numbers work?

At the peak of the buyout boom in 2007, private equity firms including Kohlberg Kravis Roberts bought Texas energy giant TXU for $45 billion. It was — and remains — the largest deal of its kind in American history. Now a single billionaire is inching toward that record. Elon Musk, the world’s richest person, said … Read more

musk: Elon Musk’s big plans for Twitter: What we know so far

PROVIDENCE: Tesla CEO Elon Musk has laid out some bold, if still vague, plans for transforming Twitter into a place of “maximum fun” once he buys the social media platform for $44 billion and takes it private. But enacting what at the moment are little more than a mix of vague principles and technical details … Read more