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The Latest Breaking News from Elon Musk

Fortune Most Powerful People list shows reality of women in business

Eighteen women are among the 100 Most Powerful People in Business.

Fortune

Elon Musk Says He's 'The Largest Individual Taxpayer In History' After $10B Payment: 'I Thought The IRS Would Send A Trophy'

The average true tax rate for the ultra-rich, including Elon Musk, is much lower than those less affluent as they leverage a host of tax-savings strategies to reduce their reported annual income despite skyrocketing net-worth growth

International Business Times UK

META 2025 Forecast: Does a Trump-Musk Combo Spell Trouble for Meta Stock?

Meta is the second best-performing Magnificent 7 stock in 2024 for the second consecutive year. What's the forecast for the stock as Trump returns to the White House next year, with Mark Zuckerberg rival Elon Musk as his key lieutenant?

Barchart

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Italy’s Albania asylum deal has become a political disaster for Giorgia Meloni

Pact hailed as EU migration breakthrough in tatters after judges rule asylum seekers must be transferred to Italy

The Guardian - UK

‘A hate machine’: St Pauli become first major football club to leave X

St Pauli have become the first major football club to leave X, expressing concern that the site may influence the outcome of the German election

The Guardian - UK

Is 'Bluesky' The New Twitter? Platform Gains 1.25M Followers During X's Mass Exodus After US Elections

Bluesky, the social media platform challenging Elon Musk's X, has swiftly gained over 1.25 million new users following last week's US presidential election.

International Business Times UK

Melania Trump’s thoughts on ‘First Buddy’ Elon Musk revealed

President-elect joked on Wednesday that ‘Elon won’t go home’ and that he ‘can’t get rid of him’

The Independent UK

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US October Deficit Swells 287% To $257 Billion

According to a report by the Treasury Department on Wednesday, the figure was a sharp increase of 287% from October 2023's $67 billion deficit.

Latin Times

Yousaf accuses Musk of accessing private messages to ‘besmirch’ his reputation

Scotland’s former first minister claimed the billionaire ‘scours’ the messages of people he views as a threat.

Evening Standard

“It was playing when I first met Priscilla at a college party, so every year we listen to it on our dating anniversary”: Mark Zuckerberg has made and released an acoustic cover of a hip-hop record, as a romantic gesture

Get Low by Lil Jon and the East Side Boyz was, ahem, their tune

MusicRadar

Trump's Pick For Intel Chief – A Former Democrat – Is Pro-Crypto

Donald Trump's cabinet is shaping up to be largely pro-crypto, as he announced Wednesday that he has chosen former Democratic Rep. Tulsi Gabbard to lead national intelligence.

International Business Times

Tesla Issues Sixth Cybertruck Recall Since Its Launch Last Year

The latest recall involves faulty 'defective drive inverters'.

International Business Times

US October Budget Deficit Swells 287% To $257 Billion

The budget deficit of the U.S. government in October 2023 was $67 billion.

International Business Times

Journalist ‘dumbfounded’ by police visit over social media post investigation

Telegraph columnist Allison Pearson said the police response to a year-old deleted post on X was ‘outrageous’.

The Independent UK

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Al Jazeera

Spanish newspaper La Vanguardia quits ‘disinformation network’ X

British news outlet The Guardian also said it would stop posting on Elon Musk’s X, calling it a ‘toxic media platform’.

Reason

Abolish FEMA

FEMA has given Americans every reason to believe it is highly politicized, a poor steward of federal resources, bad at establishing priorities, and often unable to communicate clearly to people in distress.

The Independent UK

Bluesky tops App Store ranking amid mass exodus from Elon Musk’s X

Just day after US election about 115,000 X users in US deactivated their accounts, data suggests

The Independent UK

Watch: Donald Trump and Elon Musk perform bizarre duet of God Bless America at Mar-a-Lago

Watch Donald Trump and Elon Musk perform a bizarre duet of God Bless America at Mar-a-Lago.

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The Times of India

Vivek Ramaswamy: Former high school valedictorian's fiery speech goes viral as he is set to lead DOGE under Donald Trump

As US President-elect Donald Trump's pick Vivek Ramaswamy is all set to lead the Department of Government Efficiency, or DOGE, a video of his speech when he was a 18 year old boy at school has surfaced online and is being shared massively.

InsideEVs

‘He Doesn’t Know How To Make A Battery’: China’s CATL Chief Blasts Elon Musk

Tesla placed a big bet back in 2020 when it announced that it was developing a new battery cell format. The 4680 battery, as it’s known, powers the Cybertruck and in the past, it made its way into a limited number of Model Y crossovers.

Fortune

Trump and Musk both own social media platforms. Some think an alliance between X and Truth Social is coming

Although its user base is smaller, Truth Social had a higher valuation than X earlier this year when its stock price shot up.

International Business Times

Polymarket CEO Calls Out 'Current' Administration's 'Last-Ditch' Move After Reported FBI House Raid

Polymarket CEO Shayne Coplan spoke out after reports FBI agents raided his house and seized his electronics.

Fortune

Trump’s Department of Government Efficiency will ironically require two men to run it

Also, it’s not a new government agency, this will basically just be an outside consulting gig.

The Guardian - UK

I’ve been to more than 100 Trump rallies since 2016. This is why I think he won

Travelling many miles across multiple states, I saw Republicans united in their disdain for facts – and a Democratic party far too relaxed about challenging them, writes Oliver Laughland

The Independent UK

Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges

Shares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month

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