In a letter sent to the chairman of Twitter’s board Bret Taylor on Thursday, entrepreneur Elon Musk, best known for founding and heading Tesla and SpaceX, has offered to purchase the entire Twitter company for $54.20 a share, stating that the social media platform has “extraordinary potential” that he will “unlock.” Published by the U.S. Securities and Exchange Commission in a 13D filing, Musk stated that “Since making my investment, I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.” Following this, Musk categorically states that this offer is his “best and final”, and if not accepted, he “would need to reconsider his [my] position as a shareholder.” I made an offer https://t.co/VvreuP...
Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC “giving people a second chance” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $42,700 Sunday with a matter of hours to go until the conclusion of the weekly candle. The pair had fallen into the end of Wall Street trading Friday, while the weekend provided some nervous calm as $42,000 support remained intact. For popular trader and analyst Rekt Capital, there was still cause for optimism despite the past seven days seeing losses of nearly 10%. This #BTC pullback is a second chance for a lot of people If you promised yourself that you’ll buy $BT...
No one knows how to throw a company party quite like Elon Musk. An event called Cyber Rodeo marked the grand opening of Tesla’s new Austin-based Gigafactory, a site which is expected to employ 10,000 people. The factory, located in Travis Country, will play a key role in the future of the company. It will serve as the new corporate HQ for Tesla, and Musk himself expects the site will become the biggest cell factory in the world, according to the Austin American-Statesman. A development of this significance needs an equally epic opening party, which is exactly what the company delivered. The livestreamed event, which saw Musk showered in neon lights as he took the stage, was precluded by a shimmering show of coordinated drone technology. Scroll to Continue Recommended Artic...
Elon Musk has been on a tour of Berlin’s sex clubs, but Twitter’s largest shareholder may wish he had an edit button for a recent night out. Musk tweeted that he “refused to enter” the highly exclusive, sexually permissive techno nightclub Berghain, but according to reports in Vice, The Sun, and users on Reddit, he may have actually been denied entry. Musk has been in Germany to open the new Gigafactory, Europe’s first Tesla manufacturing facility. On Friday, he hit up the fetish and sex club KitKat, which uses as its motto, “Do what you want but stay in communication,” and which boasts a strict dress code that calls for either leather, latex, lingerie, fancy dress, swimming gear, superhero outfits, or nudity. It’s unclear which of those Musk chose; thankfully, pictures aren’t al...
Bitcoin (BTC) traded in an uncertain territory on April 4 as the Wall Street open failed to unleash bullish continuation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader gives $43,000 BTC near-term dip target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping above and below the $46,000 mark on April 4, continuing a low-volatility few days. The pair had managed to seal a second week near the 2022 yearly open, with analysts already hoping for a breakout to $50,000 or even beyond. At the time of writing, however, there was still no sign of such an outcome, while Bitcoin stuck to an increasingly narrow low-timeframe trading range. “Bitcoin is not really clear to me; it could be because of a very slow weekend, which is disturbing a bit, [in...
Tesla CEO Elon Musk enlisted electronic music legend Sven Väth to perform a DJ set at the grand opening of the Tesla Gigafactory in Berlin. Väth’s set went down in late February, east of Berlin in Gruenheide, where the factory was built. As his performance took place, crowds were shown new Tesla models via a neon-lit tunnel. His DJ set follows a huge rave that Musk organized at the site, aptly dubbed Giga-Fest, back in October prior to the factory’s opening. “Yesterday I had the pleasure of spending some time with Elon Musk again,” Väth wrote in an Instagram post. “I played some techno beats for his opening of the really gigantic GIGAFACTORY!!!” Väth and Musk are longtime friends. The pair were spotted together in 2020 after the German DJ ...
Following reports that Elon Musk’s ex-partner Grimes has been dating Chelsea Manning, the billionaire expressed his feelings like many another emotionally-stunted bigot: by posting a transphobic meme on Twitter. Musk shared an image from the Sad Pablo Escobar meme template. It shows the character of Escobar (played by Wagner Moura in the Netflix series Narcos) sitting on a bench and looking forlorn. The ungrammatical text reads: “Netflix waiting for the war to end to make a movie about a black ukraine guy falls in love with a transgender russian soldier.” We’re not going to share it in this article, but you can find it here. Musk didn’t directly reference Manning, who is a trans woman. But this is not the first time he’s made derogatory jokes about the trans community, and during the ...