Elon Musk

Tesla shares dropped around 2% in after-hours trading following the ruling.

Since 2016, Elon Musk’s startup Neuralink has been working on developing a brain chip that will allow users to control devices using only their thoughts. For the first time, it’s been implanted into a human being.

Billionaires around the world are now US$3.3 trillion (AU$5 trillion) richer than they were in 2020, with their wealth growing three times as fast as the rate of inflation, Oxfam’s Inequality Inc report has revealed.

Half of internal moderators and a third of X’s trust and safety team globally were fired after Musk’s arrival, Australia’s online safety regulator says.

The social media company said the service will be part of its push to become an “everything app.”

The billionaire claimed he has been taking random drug tests since he smoked marijuana on an episode of the “Joe Rogan Experience.”

The European Commission opened a formal investigation into X on Monday, alleging the company has failed to combat the spread of disinformation and illegal content on its platform, the first probe of its kind by the bloc under new regulations targeting social media companies.

Dubious environmental benefits aside, billionaire Elon Musk’s polarising Cybertruck may be a strategic misfire given its price, big R&D costs and murky sales outlook.

Billionaire X owner Elon Musk visited Israel on Monday following backlash over his public endorsement of an antisemitic post on the social media platform.

Linda Yaccarino, CEO of billionaire Elon Musk’s social media platform X, said Monday the platform has seen “detractors and fabricated distractions,” as she faces calls to resign after a group of major companies pulled ads over concerns about antisemitism on the platform, including from her boss.