SEC opens investigation into Elon Musk over possible insider trading

Elon Musk isn’t about to catch a hoped-for break from the SEC any time soon. Sources for The Wall Street Journal claim the SEC is investigating whether Musk and his brother Kimbal violated insider trading regulations with recent share sales.

Read More

After Tesla CEO Elon Musk alleged ‘unrelenting investigation,’ SEC pushes back

The Securities and Exchange Commission submitted a letter to a federal judge on Friday responding to allegations by Tesla CEO Elon Musk that the agency had “broken promises” and engaged in a “pattern of conduct” amounting to harassment after an

Read More

Elon Musk accuses SEC of conducting a ‘harassment campaign’

If you thought Elon Musk was upset about frequent attention from the SEC… you guessed correctly. Musk and Tesla have written to a Southern District of New York court accusing the SEC of conducting a “harassment campaign.” The regulator allegedly

Read More

Elon Musk’s SpaceX Starship event leaves a lot of questions around the company’s big rocket

Elon Musk delivered an update on the company’s progress and plans for Starship, its next-generation launch spacecraft, from the Starship development site in Boca Chica, Texas. Musk had an impressive backdrop — the combined Starship and Super Heavy booster launch

Read More

Tesla shares slide 5% after Elon Musk proposes selling 10% of his stock in a Twitter poll

Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Tesla shares fell by more than 5% in pre-market trading Monday after CEO Elon Musk asked

Read More

Elon Musk Offers To Sell US$6 Billion Worth of Tesla Stock To Alleviate World Hunger

Elon Musk has said that he will sell US$6 billion worth of Tesla stocks if the UN’s food agency can prove how the money can solve world hunger. The statement comes after David Beasley, director of the World Food Program,

Read More

Elon Musk Beats Jeff Bezos To Become the Richest Man Alive

Elon Musk now claims the title as the richest person alive. The self-made billionaire has a net worth of US$287 billion, according to the Bloomberg Billionaires Index. And the gap between former first place holder Jeff Bezos and Musk widens

Read More

SpaceX’s Starlink will come out of beta next month, Elon Musk says

Enlarge / Screenshot from the Starlink order page, with the street address blotted out. SpaceX’s Starlink satellite-broadband service will emerge from beta in October, CEO Elon Musk said last night. Musk provided the answer of “next month” in response to

Read More

Why is Dmitry Rogozin so thirsty for Elon Musk to visit Russia?

Enlarge / Yulia Peresild will play the lead role in the Russian space film The Challenge. Roscosmos The leader of Russia’s space program is desperate to have Elon Musk come and visit him. On multiple occasions, Dmitry Rogozin has invited

Read More

Blog - UK News - BlogUK News - BlogUK