Elon Musk, CEO of Tesla, Spacex, chairman of X, and the wealthiest man alive, has declared he doesn’t spend “a lot of time” thinking about cryptocurrency. In a recent X Space hosted by Cathie Wood, CEO of Ark Invest, the self-proclaimed “Dogefather” stated he had more interest in the concept of money and the elements…
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Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its intention to raise $1 billion in an equity offering. X Obtains 12 Money Transmitter Licenses Elon Musk’s social media…
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The billionaire X owner lashed out at advertisers ditching the platform due to his controversial posts. Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times. Speaking at the 2023 DealBook Summit in New York on Nov.…
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In this week’s top crypto news, Elon Musk talks about making social media platform X into something of a financial monolith, Bitcoin.com News celebrates the 15-year anniversary of the Bitcoin white paper with a look at Satoshi’s seminal and groundbreaking work, and more exchange-traded fund (ETF) predictions emerge. This and more, just below, in the…
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Grok costs $16 per month on X Premium Plus. But for now, it is only offered to a limited number of users in the United States. Elon Musk and his artificial intelligence (AI) startup xAI have released “Grok” — an AI chatbot that can supposedly outperform OpenAI’s first iteration of ChatGPT in several academic tests.…
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Social media company X is now worth less than half of what Elon Musk paid for Twitter, according to internal documents quoted by the press. The billionaire investor purchased the platform, Twitter at the time of acquisition, for $44 billion last October. He has previously admitted to overpaying for it. Social Media Giant X Worth…
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Elon Musk assured those attempting to “weaponize” the Community Notes feature would be immediately found out. Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share” to stem the flow of misinformation and sensationalism, said Elon Musk. In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected”…
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Billionaire Elon Musk has revealed that he is turning his social media platform X, formerly Twitter, into an all-encompassing financial platform. “When I say payments, I actually mean someone’s entire financial life … If it involves money. It’ll be on our platform,” he claimed, emphasizing: “You won’t need a bank account.” Elon Musk’s Plan for…
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In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 to focus on the Metaverse, one of the hottest trends in crypto. During the event, the head of product for MultiversX’s native…
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U.S. Securities and Exchange Commission (SEC) is trying to force Elon Musk to testify in its probe into his purchase of Twitter, now X. After some back and forth, the billionaire investor bought the social media platform for $44 billion in October 2022 and the SEC’s probe is focused on Twitter shares he had acquired…
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