In 2019 Errol Musk, the 76-year-old father of Elon Musk, quietly had a child, a baby girl, with his own stepdaughter Jana Bezuidenhout. It was their second child together, following the birth of Elliot Rush — called Rushi — in 2018. Their daughter had remained a secret until this week, when Musk gave a new interview to The Sun. “She wasn’t planned,” he said. “But I mean, we were living together. [Jana] stayed here for about 18 months after Rushi was born.” Musk is 41 years older than Bezuidenhout. He was married to her mother Heide for 18 years, and had raised Jana since she was four years old. When news of her first pregnancy broke in 2018, it reportedly caused a bitter rift between Errol and son Elon, who was furious at his father for impregnating his stepsister. Adv...
Dogecoin (DOGE) has missed a much-anticipated technical upside target and is down nearly 10% over the past week amid an ongoing spat between Elon Musk and Twitter. Musk hurts DOGE price To recap: Musk, whose companies Tesla, SpaceX, and Vegas Loop accept DOGE payments, had suggested introducing the same checkout option on Twitter this April. Bitcoin spoofs a breakout while Dogecoin jumps on Elon Musk’s Twitter takeover news. https://t.co/dlMH5u5jaf — Cointelegraph (@Cointelegraph) April 25, 2022 Nonetheless, the Musk-Twitter deal has turned sour after the billionaire attempted to walk away from his $44 billion takeover bid. In response, the platform has sued Musk, alleging that his heart changed after suffering personal losses in the ongoing global market carnage. Some Dogecoin trade...
Elon Musk quietly welcomed twins with Shivon Zilis, one of his top executives, in November 2021, Business Insider reports. According to the outlet, who claim to have reviewed court documents, Musk and Zilis filed a petition to change the twins’ names in order to “have their father’s last name and contain their mother’s last name as part of their middle name.” The appeal was reportedly approved by an Austin, Texas judge in May 2022, per Insider, who withheld the kids’ names to protect their privacy. The twins were allegedly born weeks before the Tesla CEO fathered his second child with Grimes, his now-ex. Following the proliferation of Insider‘s report, Musk, who occasionally produces electronic music and has long ch...
Twitter sued Tesla CEO Elon Musk on Tuesday, trying to force him to complete his $44 billion takeover of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price. Back in April, Musk pledged to pay $54.20 a share for Twitter, which agreed to those terms after reversing its initial opposition to the deal. But the two sides have been bracing for a legal fight since the billionaire said Friday that he was backing away from his agreement to buy the company. Twitter’s lawsuit opens with a sharply-worded accusation: “Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.” “Having mounted a public spectacle...
Elon Musk is officially trying — and here, ‘trying’ is a very important word — to break his $44 billion purchase agreement with Twitter. In a July 8th letter to the SEC, his representatives wrote, “Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement,” and “appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement.” As previously reported, Musk waived his rights to due diligence in his haste to consummate the Twitter deal, while also agreeing to pay a $1 billion penalty if he later backed out. He seems to have almost immediately regretted this, and very quickly began laying a legal groundwork to break the agreement without paying the fine....
The Twitter board has unanimously recommended that shareholders vote in favor of Elon Musk’s takeover of the social media giant. Twitter’s board of directors initially accepted the $44 billion takeover bid at $54.20 per share in late April, and shareholder approval is the final hurdle to the deal going through bar any potentially erratic antics from Musk. According to a June 21 U.S. Securities and Exchange Commission (SEC) filing, Twitter’s board of directors unanimously determined that the “merger agreement is advisable” and have called on shareholders to vote in favor of the deal. The board stated that Twitter will be hosting a virtual meeting — at an unspecified date — to vote on the merger which has a deadline of Oct. 24. If the merger goes through, shareholders will receive $54.20 in ...