Author: elonmusk
Elon Musk may be the biggest beneficiary of Donald Trump’s re-election, surpassing even Trump himself.According to a new report from Bloomberg, Musk’s social media platform X is currently looking to raise money from investors at a valuation of $44 billion. If that number sounds familiar, it’s because that’s precisely what Musk paid for the company formerly known as Twitter when he acquired it in October 2022.In the years since Musk took over and rebranded the entire platform as X, its revenue has plummeted by nearly half of what it made as Twitter. That’s billions of dollars in lost revenue.Musk, alongside…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Tesla is planning a new “Supercharger queue” feature at select Supercharger sites in an effort to end one rare issue: confrontation or confusion regarding who is next in line. While it is an uncommon issue, Supercharger congestion does occur in heavily populated areas where a high concentration of EVs can cause extensive wait times at charging piles. These lines can sometimes become an issue as drivers will, on occasion, become combative if they feel they have arrived at a charger before another owner. People cutting in line is something that can occur, especially at busy Superchargers. As a result, Tesla…
Este artículo también está disponible en español. Solana has experienced intense selling pressure, now trading at its lowest levels since November 2024 and erasing all the gains from the post-election rally. Once a leader in the altcoin market, Solana is now facing serious risks as the meme coin euphoria that fueled its rise has turned into a bloodbath, raising concerns about its long-term sustainability. Related Reading The speculative frenzy surrounding meme coins initially drove massive transaction volumes and liquidity to the Solana ecosystem. However, as the hype fades and major sell-offs continue, the impact is now weighing heavily on SOL’s…
A San Francisco 49ers helmet on the field during pregame warmups before an NFL game against the Arizona Cardinals at State Farm Stadium in Glendale, Arizona, on Dec. 17, 2023.Ryan Kang | Getty ImagesThe San Francisco 49ers may be the next National Football League franchise to sell a minority stake to private equity.The 49ers are considering a sale of up to 10% of the franchise to either a private equity firm or other investors, including wealthy individuals or families, according to a person familiar with the matter.The New York Giants are also exploring a minority stake sale, the franchise announced…
WASHINGTON (AP) — Although some parts of President Donald Trump ’s agenda are getting bogged down by litigation, Elon Musk ’s Department of Government Efficiency is having better luck in the courtroom.Labor unions, Democrats and federal employees have filed several lawsuits arguing that DOGE is running roughshod over privacy protections or usurping power from other branches of government. But judges appointed by Democratic and Republican presidents haven’t always gone along with those arguments, at least so far. Most notably, DOGE critics are failing to obtain temporary restraining orders that would prevent Musk’s team from accessing sensitive government databases. “It is…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Overview: The Space Force, still in its infancy at five years old, must overcome systemic issues, including inadequate resources, unclear roles, and a lack of warfighting ethos, says a new report by the Mitchell Institute for Aerospace Studies WASHINGTON — The U.S. Space Force lacks the resources and warrior mentality needed to compete with China in an increasingly militarized space domain, according to a new report that challenges the service’s fundamental strategy.The report, released Feb. 19 by the Mitchell Institute’s Spacepower Advantage Center of Excellence, takes direct aim at Space Force Chief Gen. Chance Saltzman’s “theory of success” framework, arguing…
Beleaguered retailer Forever 21 is in talks with liquidators about future steps for the fast fashion company, according to people familiar with the matter — a sign that it’s struggling to find a buyer as it mulls a second bankruptcy filing.The company has been looking for a buyer to stave off extinction, the people said, and in early January announced it was exploring strategic options. However, opening up the discussion to include liquidators gives Forever 21 the option to use those proceeds to pay back creditors if it can’t find a buyer.It could be difficult for Forever 21 to find…
House Democrats have a new coordinated pressure campaign aimed at restricting Elon Musk’s Department of Government Efficiency (DOGE), based on leveraging the GOP’s razor-thin majority.Recent days have seen Democratic lawmakers take to both traditional and social media to publicly urge “just three House Republicans” to cross the aisle and vote for a bill designed to stop Musk from accessing U.S. citizens’ records in the Department of Treasury. “I’m supporting the Taxpayer Data Protection Act because it will protect Americans’ private data from Elon Musk and his reckless DOGE employees,” Rep. Susie Lee, D-Nev., wrote on X. “Republican leadership has to let…