A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey and others to help finance, or roll their shares over, to complete the deal. In a letter to investors backing the holding company that Musk is forming to take Twitter private, the Tesla and SpaceX CEO expressed his commitment to completing the deal.

The company's president and COO defended Elon Musk in an employee email obtained by CNBC following Insider's report on the sexual misconduct claim.

Tesla CEO Elon Musk lost $10 billion in just a single day after claims of sexual misconduct against him emerged. He was worth about $212 billion on Thursday, according to the Bloomberg Billionaires Index. After news of the allegations broke on Thursday night, his wealth fell to around $201 billion, the index showed.

Elon Musk has added to uncertainty over his $44 billion offer for Twitter by saying the price should be cut by the proportion of fake accounts on the platform and calling Twitter's lack of explanation over its estimates "very suspicious."

Twitter said it would not allow Elon Musk to wriggle free from his $44 billion offer for the social media platform despite the multibillionaire’s threats to walk away if the company doesn’t prove it is sufficiently cracking down on spam and bot accounts. The San Francisco-based company filed a statement with the Securities and Exchange Commission on Tuesday morning — hours after Musk tweeted that he may not proceed with the deal.

A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a surprise early morning tweet putting the deal on hold, temporarily.

The largest crypto exchange Binance allocated $500 million to Elon Musk for the purchase of Twitter (NYSE:TWTR), and Coinbase (NASDAQ:COIN) warned some customers from Russia about blocking accounts — these and other important news of the cryptocurrency market in our review.

Billionaire Elon Musk on Friday put on hold his $44 billion-takeover plan for Twitter Inc , as he waited for details on the microblogging platform's claim that fake accounts comprise less than 5% of users.

Elon Musk said he's putting his $44 billion takeover of Twitter "temporarily on hold," saying that he wants more details about how many of the social platform's accounts are bogus or spam. The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.

Tesla CEO Elon Musk has reiterated his skepticism about hydrogen’s role in the planned shift to a more sustainable future, describing it as “the most dumb thing I could possibly imagine for energy storage.” During an interview at the Financial Times Future of the Car summit on Tuesday, Musk was asked if he thought hydrogen had a role to play in accelerating the transition away from fossil fuels.

But if anyone can do it, it’s Elon Musk.

The billionaire and CEO of Tesla supported Ukraine after the Russian invasion and did not hesitate to challenge President Vladimir Putin.

Elon Musk took to Twitter on Friday to offer a sense of his vision for the social media platform, after the acquisition goes through, also offering a sense of what its employees can expect, with regard to work life under his leadership. Musk’s comments accompanied a screenshot of a recent Fortune article titled: “Job interest in Twitter skyrocketed more than 250% since Elon Musk moved to take over. But current employees are nervous.”

SpaceX's president and chief operating officer predicts that humans will reach Mars before the end of the 2020s. Gwynne Shotwell said in an interview with CNBC: "We should put people on the surface of Mars within a decade." She then added: "I think it will be in this decade, yes."

Elon Musk — the world’s richest man and Twitter’s new owner — expects Twitter to earn almost $10 billion in revenue from subscriptions by 2028, a projection that doubles the $5 billion in total revenue the platform made last year, according to a report from The New York Times.

Elon Musk is aiming to increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world's richest man to investors.

Tesla left its devoted following of retail investors in the lurch over plans for an upcoming stock split after missing a key regulatory deadline. In late March, the company said its board would seek shareholder approval for its second split in two years, but stopped short of providing the concrete ratio. Instead it promised additional details would be provided as part of its "definitive proxy statement", essentially the agenda for an upcoming annual meeting.

As Tesla CEO and soon-to-be Twitter boss Elon Musk aims to crack down on spam bots, nearly half of his own followers on the micro-blogging platform are fake. According to Twitter auditing tool SparkToro, of Musk's 87.9 million followers (at the time of the research audit), roughly 48 per cent are fake, reports Time.

Tesla, the all-powerful electric vehicle manufacturer, is developing a smartphone intended to revolutionise the world of telephony, the new Pi Phone.

The Federal Aviation Administration (FAA) has again delayed whether to issue SpaceX environmental approval of its suborbital launch and expansion plans in South Texas. The FAA said SpaceX has made “multiple changes” to its environmental assessment application. This is the fifth time the FAA has delayed its decision, with the final iteration of the agency’s environmental assessment initially due in December 2021.