Elon Musk’s Wealth Reaches New Heights at $348 Billion

November 25, 2024 – According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk has achieved a new record high in his net worth, reaching $347.8 billion. This remarkable milestone was attained on Friday last week, when Tesla shares rose by 3.8%. Since November 4th, Tesla’s stock price has surged 45%, adding approximately 350billiontoitsmarketcapitalization.AsofFriday′sclose,thecompany′stotalmarketvaluestoodat1.13 trillion….

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Musk Dismisses “Blade Runner 2049” Copyright Suit, Calls It a “Bad Movie”

October 26, 2024 – Earlier this week, the sci-fi movie “Blade Runner 2049” accused Tesla CEO Elon Musk of copyright infringement, prompting a blunt response from Musk, who simply stated, “That movie sucked.” On October 22nd, Alcon Entertainment, the Los Angeles-based company behind “Blade Runner 2049,” filed a lawsuit against Tesla, Musk, and Warner Bros….

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Musk’s Acquisition Leads to a 40% Drop in X Platform’s 2023 Half-Year Revenue

June 19, 2024 – Since Elon Musk’s acquisition of the X platform, previously known as Twitter, the company has experienced a significant decline in revenue, as the billionaire entrepreneur had anticipated. According to regulatory documents obtained by Bloomberg, the X platform generated 1.48billioninrevenueduringthefirsthalfof2023,representingadecreaseofapproximately4044 billion. The documents also revealed that the X platform incurred a loss…

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