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The Latest Breaking News from Elon Musk

Consumer Tech News (August 18–August 22): Powell Turns Dovish As Walmart, Target Earnings Steer Sentiment, While AI Hangover Hits Palantir

As the Wall Street earnings season is ending, Fed Chair Jerome Powell’s Jackson Hole remarks—acknowledging still-restrictive policy and softening labor data—tilted decisively dovish, hinting rate cuts could arrive soon.

Benzinga

3 Surprising Countries That Have Less Money Than Elon Musk

Elon Musk's staggering net worth tops the GDP of over 150 countries, highlighting global wealth inequality and the scale of individual fortunes.

GOBankingRates

Trump Names Sergio Gor Ambassador To India As Trade Tensions, Russia Oil Dispute Escalate

President Donald Trump nominated Sergio Gor, his head of presidential personnel, as U.S. Ambassador to India on Friday, despite ongoing controversies surrounding Gor’s background and a public feud with Elon Musk over alleged federal document falsification.

Benzinga

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Trump Taps Airbnb Co-Founder Joe Gebbia As 1st Chief Design Officer To Overhaul Federal Digital Services

President Donald Trump selected Airbnb Inc. (NASDAQ:ABNB) co-founder Joe Gebbia as the nation’s first Chief Design Officer.

Benzinga

Elon Musk's xAI Offers Up To $440K For Infrastructure Engineers, Calls It 'Adventure Of A Lifetime'

Elon Musk‘s artificial intelligence startup xAI is actively recruiting infrastructure engineers for its supercomputing division, offering roles with salaries ranging from $180,000 to $440,000 annually as the company pursues AI development projects.

Benzinga

South Africa's most vulnerable struggle to find HIV medication after US aid cuts

Sex workers and transgender people are among South Africa's most vulnerable populations after the Trump administration slashed U.S. foreign aid and U.S.-funded health clinics dispensing HIV medication shut down

The Independent UK

Musk's Megarocket Faces Crucial New Test After Failures

Elon Musk's SpaceX is gearing up for the next test of its Starship megarocket on Sunday, after a string of recent failures that has prompted some observers to question its viability.

International Business Times

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Fraud and Breach of Contract Claim Over Elon Musk's $1 Million Petition Signature Lottery from 2024 Can Go Forward

From McAferty v. Musk, decided Wednesday by Judge Robert Pitman (W.D. Tex.); the factual summary is based on the allegations… The post Fraud and Breach of Contract Claim Over Elon Musk's $1 Million Petition Signature Lottery from 2024 Can Go Forward appeared first on Reason.com.

Reason

Elon Musk's xAI To Simulate Software Giants Like Microsoft, Calling It 'Macrohard'

Elon Musk has announced plans to simulate software companies such as Microsoft Corporation (NASDAQ:MSFT) using artificial intelligence (AI).

Benzinga

Meet Macrohard, Elon Musk’s AI simulation of Microsoft, focused solely on AI software development — "It’s a tongue-in-cheek name, but the project is very real!”

Elon Musk is looking to build a "purely software AI company" to rival Microsoft. The executive further indicated that it wouldn't be hard to simulate a carbon copy of the software giant because it doesn't manufacture any hardware.

Windows Central

Unlike Jensen Huang, this CEO embraces work-life balance and is proud he takes vacations and coached his kids’ baseball team

With millions of PTO left on the table each year, Lactalis U.S. Yogurt CEO Bill Cassidy argues normalizing time off is a competitive advantage—not a concession.

Fortune

Elon Musk Once Recalled How A Friend Made Him Watch Rocket Failures Before SpaceX Launch: 'I Already Thought The Probability Of Failure Was High'

Tesla and SpaceX CEO Elon Musk once revealed that a close friend tried to discourage him from starting his rocket company by making him watch a compilation of explosive rocket failures — a story now resurfacing as a viral video online.

Benzinga

Neuralink’s first study participant says his whole life has changed

Noland Arbaugh, who lost movement and sensation below his shoulders in 2016, became P1 at Neuralink in 2024, and it’s opened up a host of opportunities for him.

Fortune

Kimbal Musk Defends Brother Elon's $29 Billion Tesla Pay Deal, Says CEO 'Deserves To Be Paid' After Years With Zero Salary

On Friday, Tesla Inc. (NASDAQ:TSLA) board member Kimbal Musk defended CEO and his brother Elon Musk's newly approved $29 billion pay package, arguing that his brother "deserves to be paid" after years without compensation, even as the deal faces mounting scrutiny.

Benzinga

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Benzinga

Trump Touts 'Incredible' Tariff Strategy After Congressional Budget Office Projects $4 Trillion Deficit Cut, Even As Economists Warn Of Slower Growth

On Friday, President Donald Trump celebrated a Congressional Budget Office report projecting that his sweeping tariffs will reduce U.S. deficits by $4 trillion over the next decade, even as analysts caution the levies could weigh on economic growth and face legal challenges.

The Guardian - UK

‘If the people who ran Facebook were monsters, I wouldn’t have worked there’: Nick Clegg on tech bros, Trump and leaving Silicon Valley

When Britain’s former deputy PM took a job at Meta, nothing could have prepared him for the ‘cloying conformity’ of the tech world. So why does he still think social media is a force for good?

The Independent UK

Takeaways from Justice Department interviews of Epstein's former girlfriend, Ghislaine Maxwell

The Justice Department has released interview transcripts with Ghislaine Maxwell, where she speaks positively about Donald Trump, calling him a “gentleman in all respects.”

Benzinga

Steve Jobs-Signed Check Predating Apple's Incorporation Goes To Auction: See The Final Price

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Benzinga

Deal Dispatch: Musk-Altman Drama, Ashton Kutcher SoHo House Play And We Pose Questions To Private Equity Pros

Private equity professionals likely tuned in to Fed Chair Jerome Powell‘s speech at Friday’s Jackson Hole symposium,

Space

SpaceX launches 24 Starlink satellites to orbit from California (video, photos)

A SpaceX Falcon 9 rocket launched from Vandenberg Space Force Base in California on Friday (Aug. 22), sending 24 of the company's Starlink broadband satellites to orbit.

Fortune

Thousands of Grok conversations have been made public on Google Search

More than 370,000 Grok chats have been indexed by search engines, exposing sensitive queries that include intimate medical and psychological questions, business details, and at least one password.

Benzinga

America Just Got A Chief Design Officer—And Tesla's Involved

A member of the Tesla Inc (NASDAQ:TSLA) Board of Directors is reportedly heading back to the White House in the newly created "Chief Design Officer" role.

Fortune

Elon Musk tried to court Mark Zuckerberg to help him finance xAI’s attempted $97 billion OpenAI takeover, court filing shows

Musk has taken up legal arms against Sam Altman’s OpenAI, not only trying to acquire it in a hostile takeover, but claim the startup breached its contract

Benzinga

Elon Musk Says Success Comes Down To 'Simple Math.' Putting In 100 Hours A Week Means You'll Achieve Twice As Much As Those Working 50

Elon Musk's philosophy on success doesn't rely on buzzwords or vague motivation. Instead, it comes down to what he calls "simple math."

The Guardian - US

Elon Musk and X reach tentative settlement with laid-off Twitter staff

Ex-workers said Musk failed to honor severance plan when he fired them after acquiring social media platform in 2022

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