Forbes’ Post

Clearly, Elon Musk is a business genius. X is now worth less than 25% of what Elon Musk paid for it In March, Fidelity Investments trimmed its valuation on X, following a similar cut in January. With the most recent markdown, Fidelity Investments has downgraded the worth of its X holdings by a total of 78.7%.

Elon Musk is facing legal scrutiny again as the **SEC** alleges he violated securities laws by delaying the disclosure of his **Twitter (now X)** stock purchase. The claim? Musk waited 11 days past the required 10-day window, potentially saving **$150 million** in share purchases. 🔍 **Why This Matters:** - **Market Integrity:** Timely disclosures ensure fair trading for all investors. - **Broader Implications:** The case tests how traditional rules apply to fast-moving tech innovators like Musk. 🌍 **The Bigger Picture:** - Filed just as a new administration takes office, the lawsuit highlights the ongoing tension between **big tech** and regulatory oversight. - Musk’s ventures like **Tesla**, **SpaceX**, and **X** have frequently clashed with regulators, making this another chapter in a long-standing narrative. ### **Key Lessons for Leaders 🌟** 1️⃣ **Transparency is Key:** Even disruptors must adhere to fundamental market rules. 2️⃣ **Regulation Evolves:** As industries shift, expect stricter scrutiny. 3️⃣ **Trust is Priceless:** Reputation is as valuable as innovation. 📖 **Read more here:** [The SEC Is Suing Elon Musk. It's All in the Timing](https://lnkd.in/gF_4G8qT) What do you think? Should market rules evolve for today’s fast-paced tech world, or do they need stricter enforcement? Share your thoughts! 💬 #ElonMusk #SecuritiesLaw #Transparency #Innovation #TechLeadership #Regulation #FutureOfTech

31 Oct 18:25: What Bezos and Musk really want from Trump: It's all about dominance in space: ROBERT REICH: OCT 31: Friends, Elon Musk (worth $271 billion) and Jeff Bezos (worth $262 billion) — the richest and second-richest people on the planet — are now showing America why it’s dangerous to have great wealth concentrated in so few hands. In August 2013, Bezos purchased The Washington Post for $250 million. On Friday, just as the Post was preparing to endorse Vice President Kamala Harris for president, Bezos stopped the paper from doing so. Partly as a result, the Post has already lost 250,000 subscribers, or 10 percent of its subscriber base. In October 2022, Elon Musk purchased Twitter for $44 billon, turned it into X, and became its biggest user, with 202 million followers. Musk has endorsed Trump — and weaponized the platform into a supporter of Trump, smeared Harris, and amplified rumors and conspiracy theories. Independent analysts such as Edison Research said in March that X’s usage in the United States dropped 30 percent since last year. Fidelity this month estimated that X’s value has plunged by about 80 percent since Musk’s takeover. Why have these two oligarchs been willing to take actions that cause so many of their customers to jump ship? What’s the connection between Bezos’s preventing the Post from endorsing Harris and Musk’s weaponizing X for Trump?: Please read on: https://lnkd.in/eviRW4qU Thank you, Nikki Searancke 🇳🇿🇺🇦:

Truth Social’s Value Soars—Trump Outpaces Musk’s X! 🚀 Yesterday, Truth Social’s stock price surged by 48.24%, bringing the are not company’s valuation over $10 billion—pushing past Elon Musk's X which is valued at approximately $9.4 billion by Fidelity. 📈 Here’s what’s driving this shift: Political Influence > Profitability Truth Social’s growth isn’t about ad revenue—it’s powered by Trump’s influence and upcoming election potential, despite modest user numbers and financial losses. A Tale of Two Platforms While Truth Social has roughly 5 million users, X boasts 528 million monthly active users. Yet, investor excitement over Truth Social highlights how celebrity and influence can trump raw performance. Challenges on Both Sides Truth Social: Financial struggles with minimal revenue generation but significant investor speculation. X: Declining ad revenue post-acquisition, with Musk shifting to alternative revenue streams and premium subscriptions. >>> Big Question: Can X regain its lead? With Musk openly supporting Trump, and $70 million invested in Trump-aligned causes, could these two platforms feed off each other politically? Time will tell.

**Elon Musk’s X: The Twitter Owner List 🐦📈** - 🌐 **Ownership Change**: Elon Musk has made significant adjustments to the ownership structure of X, formerly known as Twitter. - 📬 **Board Members**: The board has been streamlined, with some long-standing members departing, signaling Musk's intent to reshape the platform. - 🤝 **Investor Dynamics**: New investors are stepping in, diversifying the funding and ownership mix of X. - 💼 **Strategic Moves**: These changes reflect Musk's ambition to innovate the platform while enhancing user experience and profitability. - 🌟 **Future Vision**: The evolving ownership landscape suggests exciting potential developments for users and advertisers alike. What are your thoughts on how ownership changes can impact social media platforms? Share your insights! 👇 Read more here: [Fortune Article](https://buff.ly/3Axmpjc) #ElonMusk #SocialMedia #BusinessStrategy #Innovation #X 🐦✨

The Real Hero of Trump’s Victory: Elon Musk? Elon Musk backing Trump? Oh, that’s not just another headline—it’s Elon grabbing the spotlight and saying, “Hold my Tesla.” Musk didn’t just write a check and call it a day; he threw his entire empire, reputation, and a solid dose of his "I’ll do what I want" attitude right into the political ring. And he’s not messing around. Elon Musk’s Calculated Chaos 🚀 Look, Musk isn’t exactly Mr. Predictable. But let’s call it like it is: this wasn’t just him stirring the pot. Nope, it was a full-on ideological alignment—a bromance over deregulation and the sweet freedom to innovate without bureaucratic roadblocks. Think about it: SpaceX, Tesla—these giants don’t just thrive; they flourish in environments with fewer rules and red tape. And guess what? Trump’s America offers just that. So, Musk wasn’t just throwing dollars around—he was investing in a vision where businesses can roam wild, just like him. Show Me the Money 💸 Musk didn’t just hit the “like” button; he set up America PAC, throwing in over $118 million. That’s not pocket change, folks. That’s his “I’m-all-in” face. To Musk, this wasn’t just backing a candidate; it was putting his money where his mouth is—and then some. Forget applause; he’s after a whole new era of “pro-business” vibes. X Marks the Spot 🔥 Now, let’s talk about X (formerly Twitter). What better way to stir things up than controlling one of the loudest megaphones on the planet? By fine-tuning algorithms and amplifying Trump’s message, Musk wasn’t just supporting the campaign—he was supercharging it. It’s like Elon went full Tony Stark, tweaking his tech to shift the narrative and, well, get folks talking. This is influence on a whole new level. Cue the Outrage 😱 Did the haters come out in droves? Absolutely. Musk’s open support led to instant backlash—accusations of “misinformation,” ethical debates, you name it. But does Elon care? Not one bit. In true Musk fashion, he shrugged, doubled down, and kept going. Why? Because Musk isn’t about to fold under pressure. When you believe in something (or someone), you stand firm, critics be damned. Big Picture: Tech and Politics Playing House 💼 Musk isn’t just reshaping cars and rockets—he’s reshaping the very landscape of influence. This whole escapade suggests that in the future, business leaders like Musk won’t just be on the sidelines of politics; they’ll be right in the thick of it, calling shots and making waves. So, What’s the Verdict? Musk’s alliance with Trump isn’t just about the 2024 election. It’s a message that leadership isn’t just about innovation; it’s about having the guts to back it up, even when the world’s watching—and judging. Love him or hate him, Musk is here to remind us that leadership means going all in and sticking to your guns. And let’s be real: in a world full of safe bets, he’s exactly the kind of chaos we didn’t know we needed.

Elon Musk has revealed the ownership structure of X (formerly Twitter), unveiling some unexpected stakeholders. - 🔍 Bill Ackman, a well-known investor, is part of the ownership group, highlighting the platform's significant financial backing. - 💼 Sean "Diddy" Combs, a surprising name in the tech world, also holds a stake, showing the diverse interest in social media investments. - 👑 Saudi Prince Alwaleed bin Talal bin Abdulaziz Al Saud is another key owner, emphasizing the global interest and influence behind X. #TechNews #SocialMedia #Leadership - 🏦 The ownership list underscores the financial power and diverse investor base supporting X. - 🌍 The involvement of international figures like the Saudi Prince highlights X's global reach and strategic importance. - 🎵 Sean "Diddy" Combs' investment bridges entertainment and tech, illustrating how cultural icons are expanding their influence in the digital space. https://lnkd.in/gJn5Jx-e

Elon Musk's Legal Battles: A New Chapter? ⚖️ Recent developments in the legal landscape see Elon Musk facing combined cases over AI, insider trading, and his Twitter acquisition. This move could streamline proceedings and offer a clearer view of Musk's complex business dealings. As these cases unfold, they will likely set precedents in tech industry regulations and corporate governance. The outcomes could have far-reaching implications for leaders and innovators across sectors. Stay tuned as we navigate the evolving intersection of technology, law, and leadership. #ElonMusk #Legal #AI #InsiderTrading #Twitter #Innovation