DIRS.INFO The most relevant business & tech news

☆ What mattered more to Trump: Musk's money, or Musk's platform?
▼ + stars: | 2024-11-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Elon Musk's Twitter purchase has been a financial disaster. But if Twitter helped elect Trump, and Trump rewards Musk for that, does that matter? We don't know what role Twitter — and Musk's money — played in Trump's election. 🇺🇸🇺🇸The future is gonna be so 🔥 🇺🇸🇺🇸 pic.twitter.com/x56cqb6oT5 — Elon Musk (@elonmusk) November 6, 2024So, was that $44 billion well-spent, after all? AdvertisementThe truth is we won't know for some time — possibly forever — how much Musk's Trump support mattered.

Persons: Elon, Trump, Twitter, —, Elon Musk, Donald Trump, rena, ould, emin, ories, ou this, aga, Amer, tim e Organizations: Twitter, Trump, Service, Elon, YouTube Locations: Trump's

☆ Silicon Valley's Trump boosters celebrate: 'It's time to build'
▼ + stars: | 2024-11-06 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Tech leaders who openly supported Donald Trump took to X to celebrate his win Wednesday morning. AdvertisementAs former president Donald Trump swept to victory Wednesday morning, supporters in Silicon Valley posted messages of congratulations and even gloated over his return to the Oval Office. Some of tech's most high-profile and wealthiest names offered their first reactions after major news networks called the race for Trump. The billionaire owner of X and Tesla watched the election results roll in with Trump from Mar-a-Lago. AdvertisementMarc Andreessen, an early Facebook and Coinbase investor via his firm Andreessen Horowitz, had a curious relationship with Trump.

Persons: Donald Trump, Keith Rabois, —, Chamath Palihapitiya, Shaun Maguire, Trump . Elon Musk, Tesla, Joe Biden, Israel —, Musk, Trump, Doug Leone, Joe Lonsdale, David Sacks, Obama, Biden, Harris, Sacks, Leone, Marc Andreessen, Andreessen Horowitz, Andreessen Organizations: Tech, Service, tech's, Trump, Trump ., Mar, San Francisco, Republicans, Israel, Craft Ventures, Republican National Convention, Business, Federal, Commission, National Republican, Founders Fund, SpaceX, Khosla Ventures Locations: Silicon Valley, Sequoia, America, San, Pennsylvania, Rabois

☆ Elon Musk bet big on Trump. Here’s what he stands to gain — and lose — from his win
▼ + stars: | 2024-11-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —No single business leader did more to support former President Donald Trump’s candidacy than Elon Musk. Musk has donated nearly $119 million so far to a political action committee he set up to support Trump, according to Federal Election Commission filings. Elon Musk steps onto stage as Republican presidential nominee, former President Donald Trump addresses a campaign rally in Butler, Pennsylvania on October 5. It will only help Tesla,” Musk posted on X in July. It’s not likely Trump would want to cut that support, and the promise of jobs in those states, even if they will eventually provide competition for Musk and Tesla.

Persons: Donald Trump’s, Elon, Trump, Musk, He’s, ”, Daniel Ives, Tesla, Kamala Harris, “, Biden, Elon Musk, Donald Trump, Anna Moneymaker, he’s, ” Musk, Ives, ” Ives, It’s, Jim Farley, Jeff Schuster, we’re, Jade Gao Organizations: New, New York CNN, Trump, Wedbush Securities, SpaceX, —, Treasury Department, Republican, EV, Tesla, EPA, Industry, Getty, Boeing, NASA, International Space Locations: New York, Tuesday’s, America, United States, Butler , Pennsylvania, Trump’s, Europe, Asia, California, China, Shanghai, Beijing, AFP, Tesla

☆ Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
▼ + stars: | 2024-11-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

Amazon founder and Executive Chairman Jeff Bezos celebrated Trump's win in a post on X, calling it an "extraordinary political comeback and decisive victory." Trump repeatedly took aim at Bezos' ownership of the Post, Amazon's tax record and its relationship with the Postal Service. Apple CEO Tim Cook congratulated Trump on his victory in a post on X. OpenAI CEO Sam Altman said in a post on X that he hopes Trump will see "huge success in the job." Meta CEO Mark Zuckerberg called Trump's election win a "decisive victory" and said he looks forward to working with the Trump administration.

Persons: Sam Altman, Jeff Bezos, Donald Trump, JD Vance, Trump, Bezos, Kamala Harris, Andy Jassy, Jassy, Tim Cook, Cook, Mark Zuckerberg, Zuckerberg, Elon, Musk, Trump's, Tesla, Sundar Pichai, he's, Satya Nadella, Reid Hoffman, Hoffman, Harris, Gelsinger, Arvind Krishna, Chuck Robbins, Uber, Dara Khosrowshahi, Aaron Levie, Michael Dell Organizations: Economic, Amazon, U.S, Washington Post, Postal Service, Trump, Post, Democratic, Apple, Facebook, SpaceX, White, America PAC, Google, Microsoft, Venture, LinkedIn, Intel, Biden, IBM, Cisco, Dell Technologies Locations: Davos, Switzerland, Glasgow, Scotland, Pennsylvania, Bezos, United States, U.S

☆ These stocks are soaring off the Trump victory
▼ + stars: | 2024-11-06 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

That would mark a reversal from the Biden administration, which allowed migrants seeking asylum to legally work in the country while awaiting trial. A Trump administration is expected to approve Capital One's proposed merger with Discover Financial Services. Andrew Caballero-Reynolds/AFP/Getty ImagesGenerally, a Trump administration is expected to be more supportive of mergers and acquisitions compared to the Biden administration, which has sought to block many. Retail and green energy stocks falterWednesday wasn’t all good news for stocks, though. Trump is widely expected to repeal tax credits and other incentives President Joe Biden pushed for in the Inflation Reduction Act.

Persons: Donald Trump’s, Biden, It’s, Trump, Tesla Elon, Tesla, Donald Trump's, Elon Musk, Trump . Thibaut Durand, Hans Lucas, JPMorgan Chase, Jamie Dimon, Michael Barr, Goldman Sachs, Andrew Caballero, Reynolds, bitcoin, Joe Biden Organizations: New, New York CNN, Prisons, GEO Group, SpaceX, Trump ., Getty, Bank, JPMorgan, Federal, Citigroup, Discover Financial Services, Capital, Republican, JetBlue, Spirit Airlines, Trump, Mattel, Hasbro Locations: New York, AFP

The West WingOne of Trump’s most important picks will be his White House chief of staff. Karoline Leavitt, who was Trump’s campaign spokeswoman, is being considered as White House press secretary – a job that typically is the most public-facing position in the White House. National security postsTrump has suggested his national security team would be tasked with reassessing the United States’ posture toward Ukraine and Russia, China, Iran, and the simmering conflict in the Middle East. The debate over a renewed Trump’s “America First” agenda is expected to pit Republican national security hawks against the party’s isolationist wing. Secretary of state and national security adviser will be among the most hard-fought positions to stand at the forefront of those shifts.

Persons: Donald Trump’s, Trump, Howard Lutnick, Linda McMahon, John McEntee, Cliff Sims, Ross Werner, Goldman Sachs, Trump’s, John Kelly, Susie Wiles, Wiles, Russ Vought, Brooke Rollins, Bob Lighthizer, Karoline Leavitt, –, Musk, Robert F, Kennedy Jr, Elon Musk, helms, Kennedy, ”, Ken Paxton, Matt Whitaker, Jeff Sessions, Sen, Mike Lee of, of National Intelligence John Ratcliffe, Mark Paoletta, Kash Patel, Patel, Christopher Wray, James Comey, Jeffrey Jensen, Louis, Bill Barr, Jensen, Michael Flynn, Barr, Florida Sen, Marco Rubio, Tennessee Sen, Bill Hagerty, Richard Grenell, Grenell, ” Arkansas Sen, Tom Cotton, Keith Kellogg, Ratcliffe, Gina Haspel, Cotton, Mike Waltz, Mike Pompeo, Elise Stefanik, She’s, Morgan Ortagus, David Friedman, Kelly Craft, Scott Bessent, “ He’s, MAGA, he’s, Elon, Hank Paulson, George, Jay Clayton, Lighthizer, McMahon, Doug Burgum, flinch, Jamieson Greer, CNN’s Kevin Liptak, Alayna Treene, Hannah Rabinowitz, Kylie Atwood Organizations: CNN, Trump, White House, Heritage Foundation, White, Pentagon, West, America, Policy Institute, RFK Jr, SpaceX, Senate, Republicans, PAC, Department of Health, Human Services, Environmental Protection Agency, Department of Agriculture, Justice and Homeland Security, of National Intelligence, Conservative, FBI, Republican, Central Intelligence Agency, CIA, New York Republican, House GOP, United Nations, UN, State Department, Soros, Goldman, George Bush’s, Department, Chinese Communist Party, Securities and Exchange Commission, Treasury, Commerce Department . North Dakota Gov, US Trade Locations: Trump, Central Park, Texas, Mike Lee of Utah, Beach, St, United States, Ukraine, Russia, China, Iran, Florida, Tennessee, Japan, Germany, ” Arkansas, Barr, UN

While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta's chief, Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." Hay said that while most presidents wouldn't have any say on existing cases, "Trump is a bit more of a wild card." AdvertisementBut still, he said, new guidelines wouldn't have much impact on the biggest tech companies. There are fears that if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, GlobalData's Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, he's, Rathbun, James Brundage, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Business, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

AI regulation is likely to change under Trump, but major antitrust cases are unlikely to be impacted. While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta chief Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." AdvertisementBut still, new guidelines won't have much impact on the biggest tech companies, Hay said. Experts fear that, if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, Rathbun, James Brundage, Ernst, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, jailing Meta, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

Tech billionaire Elon Musk and his business empire stand to reap massive rewards if former President Donald Trump returns to the White House. Elon Musk joins former US President Donald Trump during a campaign event in Butler, Pa., on Oct. 5, 2024. “I love Elon Musk,” Trump said at a rally in July. It’s not clear how Musk and Trump would navigate the ethical questions around a possible government role for the tech billionaire. “He would be in much less trouble in a Trump administration because Trump shares his hostility to regulation and regulators,” Richard Pierce, a law professor at George Washington University specializing in government regulation, told NBC News in an interview earlier this year.

Persons: Elon Musk, Donald Trump, Musk, Trump, Vladimir Putin, SpaceX, ” Musk, Brian Hughes, ”, ” Hughes, Justin Merriman, ” Trump, “, walling, Kamala Harris, Harris, Biden, Larry Krasner, ” Richard Pierce, John Raoux, Angela Aneiros, ” Aneiros, Tesla, There’s, SpaceX countersued, • Tesla, ” SpaceX, Starlink, Justice Department —, Tucker Carlson, Carlson, he’s, SpaceX’s, Kamala Organizations: Tech, Trump, Musk’s, SpaceX, China —, U.S, Wall Street, NBC News, Boeing, Fox News, Bloomberg, Getty Images Trump, D.C, Trump Organization, Budget, America PAC, Philadelphia, George Washington University, Tesla, Co, Kennedy Space Center, Gonzaga University, university’s Center of Law, & Commerce, Justice Department, National, Traffic Safety Administration, Securities and Exchange Commission, Street, Justice, Employment, Commission, National Labor Relations Board, SEC, Twitter, Federal Communications Commission, Federal Aviation Administration, FAA, Safety, Health Administration, NLRB, Reuters, Defense Department, NASA, International, White, National Space Council Locations: China, United States, Taiwan, Ukraine, Washington, Trump’s, Pennsylvania, Butler, Pa, Palm Beach , Florida, Texas, California, Cape Canaveral, Fla, Los Angeles, Austin, Mars

☆ World's first wooden satellite, developed in Japan, heads to space
▼ + stars: | 2024-11-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KYOTO, Japan — The world’s first wooden satellite, built by Japanese researchers, was launched into space Tuesday in an early test of using timber in lunar and Mars exploration. Scientists at Kyoto University show LignoSat, the first satellite made from wood, in May. STR / Jiji Press / AFP - Getty Images file“Early 1900s airplanes were made of wood,” said Kyoto University forest science professor Koji Murata. “A wooden satellite should be feasible, too.”Wood is more durable in space than on Earth because there’s no water or oxygen that would rot or inflame it, Murata added. A wooden satellite also minimizes the environmental impact at the end of its life, the researchers say.

Persons: ”, Takao Doi, Doi’s, Koji Murata, ” Wood, Murata, Doi, ” Doi, LignoSat, Kenji Kariya Organizations: Kyoto University, homebuilder Sumitomo Forestry, International, SpaceX, Space Shuttle, NASA, LignoSat, Jiji Press, Getty, Elon, Station, Sumitomo Forestry Tsukuba Research Institute Locations: KYOTO, Japan, Kyoto

☆ Tesla jumps in overnight trading as Trump-backer Musk seen benefiting
▼ + stars: | 2024-11-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Shares of Tesla surged overnight as investors bet a potential Donald Trump election victory would benefit major backer and CEO of the carmaker, Elon Musk. Tesla shares jumped 8% in overnight trading on Robinhood brokerage platform. Trump has promised to appoint Musk as the head of a government efficiency commission, if elected. "Your money is being wasted, and the department of government efficiency is gonna fix that," he said at the rally.

Persons: Elon Musk, Donald Trump, Musk, Trump Organizations: SpaceX, Tesla, Ridley High School, America PAC, Republican Locations: Folsom , Pennsylvania, Trump's

☆ The stocks most at risk if Trump permits Elon Musk to drastically cut government spending
▼ + stars: | 2024-11-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Due to this, Piper Sandler has unveiled a list of stocks that it views as most sensitive to government spending. "If Trump wins, these stocks are likely to be hurt by cuts in government spending," Piper Sandler's chief investment strategist Michael Kantrowitz said in a recent note to clients. The company was the top recipient of defense contracts from the Department of Defense in fiscal 2023, being awarded $61.4 billion in defense spending. During September's presidential debate, Trump clashed with Harris over funding efforts, with Harris accusing Trump of being prepared to abandon consistent U.S. support for Ukraine . In that area, Humana , which offers Medicare Advantage plans, and UnitedHealth are two names Piper Sandler thinks could be affected.

Persons: Trump, Donald Trump's, Elon Musk, Musk, Piper Sandler, Piper, Michael Kantrowitz, Kamala, Harris, machinists, Lockheed Martin Organizations: U.S, SpaceX, Republican, Trump, Boeing, Lockheed, Department of Defense, Ukraine, Humana Locations: U.S

☆ Elon Musk's private jet has landed in Florida following report he'll be watching election results with Donald Trump
▼ + stars: | 2024-11-05 | by ( Madeline Berg | Grace Kay | ) www.businessinsider.com time to read: +4 min

Donald Trump megadonor Elon Musk's private jet has landed in Florida. AdvertisementElon Musk's private jet has landed in Florida, where the billionaire will reportedly watch the election results roll in with Donald Trump at Mar-a-Lago. After flying from Austin to Cameron County, Texas — where SpaceX is located and Musk said he voted — earlier this afternoon, Musk's private jet landed in West Palm Beach, according to jet-tracking service Jetspy. On Tuesday, The New York Times reported that Musk, a Trump megadonor, was to spend election night with Trump, citing three sources with knowledge of Musk's schedule. Sweeney told Business Insider that Musk's jets were easily identifiable because Musk's jet continued broadcasting its call sign.

Persons: Donald Trump megadonor, Donald Trump, —, Musk, Trump, Elon Musk, Jack Sweeney, Sweeney Organizations: Donald Trump megadonor Elon, Mar, Trump, GOP, Service, Elon, SpaceX, The New York Times, Palm Beach Convention Center, Representatives, Musk, Business, PIA, Federal Aviation Administration, Republican Party, Musk's America PAC, PAC Locations: Florida, Austin, Cameron County , Texas, West Palm Beach, Palm Beach, Pennsylvania, New York City

☆ World’s first wooden satellite, developed in Japan, heads to space
▼ + stars: | 2024-11-05 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Kyoyo, Japan Reuters —The world’s first wooden satellite, built by Japanese researchers, was launched into space on Tuesday, in an early test of using timber in lunar and Mars exploration. An engineering model of LignoSat, pictured at Kyoto University ahead of Tuesday's launch. “Early 1900s airplanes were made of wood,” said Kyoto University forest science professor Koji Murata. “A wooden satellite should be feasible, too.”Wood is more durable in space than on Earth because there’s no water or oxygen that would rot or inflame it, Murata added. A wooden satellite also minimizes the environmental impact at the end of its life, the researchers say.

Persons: ”, Takao Doi, Irene Wang, Doi’s, Koji Murata, ” Wood, Murata, Doi, ” Doi, LignoSat, Kenji Kariya Organizations: Japan Reuters, Kyoto University, homebuilder Sumitomo Forestry, International, SpaceX, Space Shuttle, Reuters, NASA, Elon, Space, Sumitomo Forestry Tsukuba Research Institute Locations: Kyoyo, Japan, Kyoto

☆ Company executives are speaking out on Election Day: Starbucks' Howard Schultz calls for a peaceful transition of power
▼ + stars: | 2024-11-05 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +9 min

Business leaders are speaking out on Election Day — including Starbucks founder Howard Schultz. AdvertisementElection Day has finally come, and executives at some of the biggest companies are speaking out — with former Starbucks CEO Howard Schultz urging a peaceful transition of power and Elon Musk reiterating his support for Donald Trump to the end. Major players like Musk and Blackstone CEO Stephen Schwarzman have previously endorsed former President Trump. "Once every vote is counted and certified, we must accept the results of the election and ensure the peaceful transition of power," he said. In addition to re-posting several pro-Trump messages from other X users, Musk wrote a few election-related posts of his own.

Persons: Howard Schultz, Schultz, Elon Musk, Reid Hoffman, Harris, —, Donald Trump, Stephen Schwarzman, Trump, Mark Cuban, Kamala Harris, Insider's Bryan Metzger, he's, Howard Schultz Howard Schultz, Spencer Platt, Joe Biden, Hillary Clinton, Reid Hoffman Reid Hoffman, Kimberly White, Hoffman, " Hoffman, Marc Piasecki, Musk, Joe Scarborough, Vinod Khosla Vinod Khosla, Steven Ferdman, Vinod Khosla, Kamala, Khosla, Robert F, Kennedy Jr, Cantor Fitzgerald, Howard Lutnick Howard Lutnick, ANGELA WEISS, Howard Lutnick, Lutnick, Palmer Luckey Palmer Luckey, Oculus, Patrick T, Fallon, Palmer, Luckey, Walz, Andrew Bosworth, JOSH EDELSON, Getty Andrew Bosworth, Bosworth, Eli Lilly, Lockheed Martin, General Mills, Johnson Organizations: Starbucks, Trump, Service, Blackstone, Getty, LinkedIn, Greylock Partners, Liberty, SpaceX, Elon Musk Elon, Tesla, Pennsylvania, Billionaire, Sun Microsystems, Wall Street, Philadelphia Inquirer, Financial Times, Bloomberg, Anduril Industries, Meta, Big Tech, National Association of Manufacturers, General Motors, Penske, Panasonic Locations: Jerusalem, Fortnite, AFP

Elon Musk’s posts on his social media platform X get far more attention when they cast doubt on the integrity of the electoral process, an NBC News analysis has found. The difference in reach was vast: 5.2 times more likes, 4.2 times more comments and 9.1 times more reposts, when comparing the median election-doubting post to the median election post that didn’t cast doubt on the process. In addition to owning X, Musk is its biggest account, with more than 202 million followers, according to the app’s tally of his following. X has developed a clear tilt in favor of far-right users and posts since Musk bought it two years ago, according to researchers. Musk told an editor at The Atlantic in July that he would “of course” accept the results of the presidential election, according to the magazine.

Persons: Elon Musk’s, Musk’s, —, It’s, Donald Trump, Kamala Harris, he’s, Musk, “ Organizations: NBC, SpaceX, Trump Locations: United States, U.S

He recently told the Wall Street Journal editorial board that Chinese President Xi Jinping respects him but also knows he’s “crazy” and wouldn’t provoke him. But Chinese officials might also see potential for Musk to be a mitigating influence on issues such as tariffs. Like other American business leaders, Musk has met with senior Chinese officials as Beijing courts international companies. AP fileIf Chinese officials receive Musk almost like a world leader, the Chinese public treats him like a rock star. Chinese officials have not been shy about making the connection between what Musk says and where he makes his money.

Persons: Donald Trump, Elon Musk, Jia Qingguo, Trump, ” Jia, Xi Jinping, he’s, ” Trump, Joe Biden’s, “, they’re, ”, Kelly Grieco, Musk, Li Qiang, Qin Gang, ” Grieco, Jennifer Lian, Henry Kissinger, Ian Bremmer, Tesla, Kuan, “ He’s, ” Tesla, Li Keqiang, Li, ” Musk, Grieco, didn’t, Xi, Qin, Hsiao, Kamala Harris, Janis Mackey Frayer, Jennifer Jett Organizations: SHANGHAI, Trump, Peking University, NBC News, Wall Street, Stimson, Qin, Weibo, Communist Party ., Eurasia Group, SpaceX, Shanghai Gigafactory, Getty, U.S, Shanghai, NBC, Global Times, Financial Times, Beijing, Washington, U.S ., Democratic Locations: China, Beijing, Musk, Washington, U.S, United States, York, Shanghai, Chinese, Jiangsu, Xinjiang, Taiwan, Hong Kong, Starlink, Ukraine, Russian, British, European

☆ Philadelphia DA doubts Musk's $1M-a-day giveaway 'winners' got anything besides 'big cardboard checks'
▼ + stars: | 2024-11-04 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

Has Elon Musk's $1M-a-day "lottery" distributed these windfalls, or only "big cardboard checks?" That was a question raised in court Monday by a lawyer for the Philadelphia DA, who is suing Musk. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "He was the one who presented the checks, albeit large cardboard checks," Gober said of Musk. Musk's lawyers did not address on Monday whether anyone promised a $1 million check has actually received $1 million.

Persons: Musk, —, Elon, they've, John S, Summers, Angelo Foglietta, Gober, Elon Musk, Larry Krasner, Chris Gober, Krasner, he's, Taylor Swift, I've Organizations: Elon, Philadelphia DA, Service, Elon Musk's, Democratic, Musk's, PAC, Musk, America PAC, Democrat, SpaceX Locations: Philadelphia's, Pennsylvania, Philadelphia , Pennsylvania, Philadelphia County

☆ Elon Musk’s misleading election claims have been viewed more than 2 billion times on X, analysis finds
▼ + stars: | 2024-11-04 | by ( Marshall Cohen | ) edition.cnn.com time to read: +4 min

He has given more than $118 million to a pro-Trump super PAC and hit the campaign trail to stump for Trump in Pennsylvania. CCDH’s research is based on an analysis of publicly available data from X about Musk’s own posts and spending by political campaigns to promote ads on the platform. The nonprofit tallied up how many views Musk received on 87 specific posts that contained false claims about the 2024 election that were debunked by fact-checkers. The 2024 election is the first presidential cycle with the platform under Musk’s control since his takeover of the company formerly known as Twitter two years ago. Based on that information, Ahmed’s group determined that Musk’s election-related posts – boosting Trump and slamming Vice President Kamala Harris – were worth about $24 million.

Persons: Elon Musk, Donald Trump, Musk, Kamala Harris, Harris, “, Elon Musk’s, ” Imran Ahmed, Ahmed, X, ” Ahmed, it’s, Kamala Harris –, ” Organizations: Washington CNN —, SpaceX, Trump, PAC, Center, CNN, Democrats, Elon, Twitter, Guardian Locations: Trump, Pennsylvania

☆ Elon Musk has a lot to gain if Trump wins. A Harris presidency is more uncertain.
▼ + stars: | 2024-11-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +8 min

Musk could gain influence at the federal level if Trump is elected president. It's unclear what a Harris administration would mean for Musk and his business empire. Musk under HarrisWhile Musk could gain power, government contracts, and looser regulations under Trump, it's unclear how he might be impacted under a Harris administration. For X, which Musk has branded as the platform for freedom of speech, Gordon said a Harris administration could pressure it to ban material labeled as "misinformation." AdvertisementIt's also possible nothing would meaningfully change for Musk under a Harris administration.

Persons: Elon Musk, Donald Trump, Musk, Trump, Harris, —, He's, Francesco Trebbi, Erik Gordon, Gordon, Tesla, eyeing Musk's, Trebbi, X, Tevi Troy, Troy, Joan MacLeod Heminway, Cary Coglianese, Tom Narayan, Karoline Leavitt, Leavitt, he's, Coglianese, it's, Carl Icahn, Tim Cook, Heminway, Elon Organizations: Service, Elon, Republican Party, Trump, Trump Many, University of California Berkeley, Musk, University of Michigan's Ross School of Business, Traffic Safety Administration, SpaceX, Department of Defense, Bank of America, Center, White House, University of Tennessee, University of Pennsylvania, Penn, RBC Capital Markets, Democratic, Green New Deal, Twitter, Apple Locations: Pennsylvania, Pittsburgh, Texas, California, Mexico

☆ A 14-year-old took home $10,000 for his award-winning investigation into train derailments. Here's what he found.
▼ + stars: | 2024-11-02 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Gary Allen Montelongo won $10,000 for a science project on train derailment. Montelongo built and coded an experiment on railroad suspension, then won a national competition. AdvertisementThe internship ended, but Montelongo couldn't get the derailment off his mind, so he went down to the train tracks near his house. Then he built three sets of model railroad tracks out of foam and fitted them with three different types of springs: fresh new springs, midlife springs, and old, worn-out springs. This mimicked the different suspension systems he'd seen at the train tracks near his home.

Persons: Gary Allen Montelongo, Montelongo, —, Lisa Fryklund, Ajmera, Montelongo couldn't Organizations: Service, Fisher Scientific, Junior, Society for Science, Broadcom, Federal Railroad Administration, University of Texas, NASA, SpaceX Locations: Ohio, East Palestine , Ohio, University of Texas Rio Grande

☆ China is sending military gear into orbit at a 'mind-boggling' pace, says US Space Force chief
▼ + stars: | 2024-11-01 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +4 min

AdvertisementChina is developing military space gear at a "mind-boggling" pace, according to the US Space Force chief. "The number of different categories of space weapons that [China has] created and . In an interview with Politico, Saltzman added that China's progress in military space technology posed a bigger challenge than possible Russian nuclear weapons in orbit. "For the first time in decades, US leadership in space and space technology is being challenged," Meink added. As the FT notes, the US space defense capabilities are heavily reliant on private companies, such as SpaceX.

Persons: Chance Saltzman, —, Saltzman, Xi Jinping, Bill Nelson, Troy Meink, Space.com, Meink, Arthur Herman, John F, Kennedy, Ronald Reagan, we've Organizations: SpaceX, Service, US Space Force, Financial Times, Politico, NASA, UN, National Reconnaissance Office, Asia Pacific Foundation of Canada, Hudson Institute Locations: China, Colorado, Russia

☆ Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
▼ + stars: | 2024-11-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities filing on Friday. The tech giant's deal with Globalstar includes $1.1 billion in cash, of which $232 million will go toward the satellite company's current debt, and a 20% equity stake. The deal is expected to close on Tuesday. Apple has already been spending hundreds of millions for Globlastar services, which enabled the 2022 rollout of iPhone emergency satellite texting. Globalstar stock jumped as much as 36% in Friday trading from its previous close at $1.05 a share.

Persons: Apple Organizations: Globalstar, SpaceX, AST

PHILADELPHIA — Elon Musk’s legal team filed court papers that delayed a potential ruling on a lawsuit over his super PAC's $1 million lottery-style giveaways. The federal court filing automatically blocked any immediate action in state court, where Judge Angelo Foglietta had already scheduled Thursday’s hearing. Summers said he planned to argue in federal court to have the case returned to state court. “We will proceed to federal court, and we will address the issues there and seek to have the matter remanded back to the state court,” he told reporters outside the state courtroom Thursday. “Let’s be serious.”“If anyone could land a rocket ship in Philadelphia, it’s Elon Musk,” Summers replied.

Persons: PHILADELPHIA — Elon, Larry Krasner, Musk, —, John Summers, Krasner, Matthew Haverstick, Angelo Foglietta, Foglietta, Jerry Pappert, Barack Obama, Summers, “, ”, ” Summers, DA Krasner, Elon Musk, ” Foglietta, Haverstick, He’s, it’s Elon Musk, David Ingram, Daniel Barnes Organizations: PHILADELPHIA, America PAC, District, . America PAC, Elon Jet, SpaceX, DA, U.S . Justice Department Locations: Philadelphia, U.S, Austin , Texas, Pennsylvania, San Francisco

☆ How Elon Musk turned X into a pro-Trump echo chamber
▼ + stars: | 2024-10-31 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

And in recent months, Musk has become one of Trump’s biggest donors and most energetic supporters, turning X into an unofficial house organ for his campaign. On Tuesday, Musk promoted an X Community — a large group of users — called the Election Integrity Community, which was created by his super PAC, America PAC. Musk and X did not respond to requests for comment. Musk has personally boosted many of them, such as @libsoftiktok and the account of conspiracy theorist Laura Loomer, who was suspended from Twitter before Musk bought it. Musk is the CEO of Tesla and SpaceX, but X may be his highest-profile political asset.

Persons: Elon Musk, ” Musk, hasn’t, Donald Trump’s, Trump, Musk, Kamala Harris, —, ”, Giulio Corsi, Paul Pelosi, Nancy Pelosi, Weeks, Ron DeSantis, Robert F, Kennedy Jr, misgendering, it’s, newsbrokers, Laura Loomer, Mert Bayar, Corsi, ” Corsi Organizations: Elon, Twitter, NBC News, PAC, America PAC, U.S, University of Cambridge, Trump, Republican, Florida Gov, GOP, University of Washington, UW Center, SpaceX Locations: Pennsylvania, Haiti

Search resuls for: "SpaceX"

25 mentions found