Washington: Tesla CEO Elon Musk has once again become the world’s richest person. He has achieved this position by defeating Bernard Arnault of France. Elon Musk’s net worth had steadily decreased since the Twitter deal and Tesla’s share price fell drastically.

Due to which he slipped to number two in the list of world’s billionaires. However, now he has once again achieved the number one position.

Musk’s wealth has jumped sharply this year with Tesla Inc’s stock rising nearly 70%. Tesla’s stock is up nearly 100% from its intraday low on January 6 as investors bet on stocks amid signs of economic strength and a slow pace of Federal Reserve interest rate hikes.

Along with this, after cutting car prices of many models of Tesla, the company has also benefited from the high demand for its electric vehicles.

According to the Bloomberg Billionaires Index, Elon Musk’s wealth has increased to $ 187 billion at the moment. While Bernard Arnault has reached the second place in the billionaire list with a net worth of $ 185 billion.

Elon Musk’s wealth has increased by $ 6.98 billion in the last 24 hours. At the same time, Musk’s wealth has increased by $ 50.10 billion since the beginning of this year i.e. 2023.

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Washington: Billionaire and Tesla CEO Elon Musk has filed a reply in court accusing Twitter of data security flaws. Musk has filed a reply urging the court to allow him to end the $ 44 billion Twitter deal.

Adopting the twitter whistleblower’s allegations, Musk filed a reply in court, changing his already filed case. Musk has also accused Twitter of not complying with a 2011 agreement with the Federal Trade Commission over user data.

On the one hand, Elon Musk is trying to end the agreement to buy Twitter, while Twitter shareholders have supported the buyout deal. Twitter has filed a petition demanding the court to complete the deal, but Musk ended the deal saying that he found misleading information about Twitter.

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Washington: Elon Musk, the world’s richest person, tweeted on Wednesday that he is buying Manchester United, an English soccer club.

He, however, later clarified on social media that no, this is a long-running joke on Twitter. I’m not buying any sports teams,” he said while replying to a user.

Actually, it is impossible to guess how serious Musk is about his tweets. But this news caused an uproar in the Manchester United camp and on social media. Due to the club’s poor performance in recent years, Manchester United’s current American boss Glazer is considering leaving it. There are a lot of reactions on social media for Musk’s tweet. In this sequence, a Twitter user asked, “Do you really think he wants to buy Manchester? Or is it just nonsense.” He later refuted the reports.

Referring to the Tesla CEO’s legal battle on Twitter, a user hit out at Musk and pointed to the deal that didn’t materialise. Another user said, “You don’t want to buy this, trust me this guy made a deal to buy twitter for 44 billion USD without thinking, then realized it was a bad deal and backed out, now he is being prosecuted.”

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New Delhi: The social media company has reacted strongly to Tesla CEO Elon Musk’s announcement to end the Twitter deal. The social media giant has said it will sue Elon Musk for implementing a $44 billion deal that Elon Musk now wants to leave.

“The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery,” Twitter chairman Bret Taylor said.

Elon Musk, the world’s richest man, said on Friday he was scrapping a $44 billion deal to buy Twitter after the social media giant failed to provide information about fake accounts.

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London: The recession caused by the Corona epidemic has had an impact on everyone. People, who are counted among the richest people in the world, from the common man, have also suffered. Twitter owner Elon Musk’s wealth has fallen by nearly $62 billion.

Jeff Bezos’ wealth has also seen a decline of about $63 billion. At the same time, Mark Zuckerberg’s total wealth has fallen by more than half.

All told, in the first half of 2022 (January-June 2022), the world’s 500 richest people lost $1.4 trillion. These are a steep decline, which is by far the biggest half-yearly decline for the global billionaire class.

This is one of the steepest declines in the post-corona period, when the government and central banks launched unprecedented stimulus measures in the wake of the COVID-19 pandemic, slashing the value of everything from tech companies to cryptocurrencies. Some of the high-value stocks and billionaires who own them are incurring huge losses due to the increase in interest rates by policymakers to tackle the spiralling inflation.

Tesla INC. the last quarter was the worst ever. While Amazon.com INC suffered the most since the advent of the dot-com bubble.

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New Delhi: Twitter’s board of directors has allowed Elon Musk to take over the micro-blogging site for $44 billion. Twitter filed a regulatory filing in this regard on Tuesday with the US Securities and Exchange Commission, which the Twitter board unanimously sealed Musk’s $44 billion purchase.

The board found that the merger agreement is acceptable and the transactions related to it are in the interest of Twitter and its shareholders. The price of Twitter’s shares jumped nearly three percent to $38.60 apiece after the development.

Musk said on Tuesday that there were still some unresolved issues with Twitter. Musk said at the Qatar Economic Forum that he was still waiting to know what the actual number of bots on Twitter was. He also said that he does not want to be the CEO of Twitter. Angered by the presence of a large number of bots on Twitter, Musk had in May put on hold a deal to acquire Twitter.

Twitter’s deal for $44 billion

Billionaire Elon Musk, the world’s richest man, announced his acquisition of Twitter for nearly $44 billion.

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New Delhi: SpaceX and Tesla CEO Elon Musk reportedly paid a flight attendant $2,50,000 to remain silent on the matter after she accused him of sexually harassing her on a flight in 2016.

According to reports, the air hostess was paid in 2018 to settle the sexual misconduct complaint against Musk by SpaceX.

Musk reportedly exposed himself to her and rubbed her leg without consent and offering to buy her a horse or an erotic massage.

Later, she filed a complaint against him.

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New Delhi: Elon Musk today said that Twitter take over deal worth $44-billion is temporarily on hold.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk wrote on Twitter.

Twitter had 229 million users who were served advertising in the first quarter.

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New Delhi: Businessman Elon Musk has taken a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry.

Following this, shares of Twitter has increased 26% in premarket trading. The stake is worth $2.89 billion, purchased by Musk, reports said.

Musk, 50, took this move after last month’s polling on Twitter, asking user whether company adheres to the principles of free speech and 70% of people sais no in the survey.

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Lviv: Ukrainian President Volodymyr Zelenskyy on Sunday extended his thanks to SpaceX chief executive Elon Musk for giving Ukraine access to his company’s satellite-internet system, called Starlink.

“Talked to @elonmusk. I’m grateful to him for supporting Ukraine with words and deeds. Next week we will receive another batch of Starlink systems for destroyed cities. Discussed possible space projects . But I’ll talk about this after the war,” he said in a tweet.

The development is significant amid Russia’s invasion and many large cities in Ukraine struggling for proper signal of internet or phone connection after being shelled by troops.

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