Elon Musk must face a fraud lawsuit stemming from his delayed disclosure of a significant stake in Twitter, now X. A federal judge’s decision to reject Musk’s attempt to dismiss the case signifies a major setback for the billionaire. The lawsuit alleges that Musk deliberately concealed the size of his initial investment to manipulate the stock price to his advantage.
Elon Musk must face the consequences of his actions, as the lawsuit contends that he strategically waited to reveal his substantial ownership, allowing him to purchase more shares at a lower price before publicly announcing his 9.2% stake. This alleged manipulation potentially disadvantaged other shareholders who sold their shares before the full extent of Musk’s involvement was known.… Continue reading
Following renewed US-Russia talks, the Russian Direct Investment Fund head proposed offering a small, nuclear power plant for Elon Musk’s SpaceX Mars mission. This suggestion, made at the Arctic Forum, highlights Russia’s advanced nuclear technology and a desire for collaboration with SpaceX. The proposal anticipates future talks between Russia and Musk, potentially involving Roscosmos and Rosatom. This collaboration aims to bolster both Russian space exploration capabilities and improve strained US-Russia relations.
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The Wisconsin Supreme Court’s recent decision to reject an attempt to block Elon Musk’s $1 million giveaway has sparked a firestorm of controversy. The ruling, which allows Musk’s substantial financial contributions to proceed, has left many questioning the integrity of the electoral process and the influence of wealth in politics. The sheer scale of the donation – a million dollars – is staggering in its potential impact on a local election, leaving many feeling that the playing field has been tilted dramatically.
The court’s decision has ignited a wave of outrage among those who see it as a blatant endorsement of election interference.… Continue reading
Elon Musk, head of the Department of Government Efficiency (DOGE), and DOGE staffers falsely claimed widespread Social Security fraud, despite the actual fraud rate being extremely low (0.00625%). This rhetoric, echoing similar statements by Commerce Secretary Lutnick, is part of a broader Republican effort to dismantle the program through service cuts and staff reductions. Critics argue this orchestrated chaos, including website crashes and long wait times, is a precursor to privatizing Social Security, despite assurances from President Trump to the contrary. These actions, including new verification rules causing significant delays for beneficiaries, are seen as a backdoor method to effectively reduce benefits.
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Musk’s outburst, calling Governor Walz a “huge jerk” for celebrating Tesla’s stock crash, highlights a fascinating clash of perspectives. It reveals a businessman’s frustration at seeing his company’s value plummet, but also underscores a broader societal unease with the immense power and influence wielded by figures like Musk.
The incident seems to stem from Governor Walz’s public display of happiness at Tesla’s declining stock price. This reaction, while perhaps unconventional for a political figure, reflects a sentiment shared by many who view Musk’s actions, particularly his mass layoffs and controversial public pronouncements, as detrimental. It taps into a deeper well of frustration with unchecked corporate power and its impact on the economy and society.… Continue reading
Wisconsin Attorney General Josh Kaul is suing Elon Musk to prevent a planned $2 million payout to Wisconsin Supreme Court election voters. Musk initially offered the money as a reward for voting, then revised the offer to two “spokesmen” for his super PAC’s anti-“activist judge” petition, limiting attendance to petition signers. This action follows Musk’s substantial financial contributions to the Wisconsin Republican Party and his super PAC, America PAC, which has spent over $12 million in the election. The lawsuit cites violations of Wisconsin law, referencing a similar, but ultimately successful, legal challenge in Pennsylvania last year.
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A Wisconsin appeals court rejected Attorney General Josh Kaul’s attempt to halt Elon Musk’s plan to distribute $1 million checks to two Wisconsin voters at a Sunday rally, two days before a pivotal Supreme Court election. Musk’s actions, which include offering additional payments for petition signatures, are alleged to violate state law prohibiting payments to voters in exchange for their votes. This high-stakes election, heavily funded by both Musk and Democratic donors, will decide the court’s ideological balance and influence rulings on crucial issues like abortion rights and voting regulations. The court’s decision allows Musk’s planned giveaway to proceed.
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Late Friday, approximately 300 employees of the US Institute of Peace were terminated via email, following President Trump’s executive order to close the organization. The firings, overseen by Elon Musk’s “department of government efficiency,” were executed after a legal battle resulting in a judge’s rebuke of Doge representatives’ actions but not the reinstatement of the institute’s leadership. Employees were given until April 7th to vacate their offices, and are now exploring individual legal recourse. The White House cited the institute’s alleged failure to deliver on its mission as justification for its closure.
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Indiana Republican Congresswoman Victoria Spartz’s town hall meeting was disrupted by angry constituents loudly booing and yelling during her discussion of the Department of Government Efficiency (DOGE), led by Elon Musk. Spartz’s attempts to discuss economic policies, including tax cuts and anti-fraud measures, were met with similar resistance, as was her mention of President Trump. This incident is one of many protests occurring at Republican town halls nationwide following DOGE’s controversial budget cuts and resulting job losses. The widespread backlash suggests significant public discontent with the current administration’s policies.
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Musk Slams Walz Over Tesla Stock Crash Celebration
Musk’s outburst, calling Governor Walz a “huge jerk” for celebrating Tesla’s stock crash, highlights a fascinating clash of perspectives. It reveals a businessman’s frustration at seeing his company’s value plummet, but also underscores a broader societal unease with the immense power and influence wielded by figures like Musk.
The incident seems to stem from Governor Walz’s public display of happiness at Tesla’s declining stock price. This reaction, while perhaps unconventional for a political figure, reflects a sentiment shared by many who view Musk’s actions, particularly his mass layoffs and controversial public pronouncements, as detrimental. It taps into a deeper well of frustration with unchecked corporate power and its impact on the economy and society.… Continue reading