City
Epaper

Elon Musk to quit business space and be a influencer?

By Lokmat English Desk | Updated: December 10, 2021 13:33 IST

SpaceX owner and Tesla CEO Elon Musk is "thinking of" leaving his jobs and becoming an influencer, the world's ...

Open in App

SpaceX owner and Tesla CEO Elon Musk is "thinking of" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday. "Thinking of quitting my jobs & becoming an influencer full-time wdyt," Musk said in the tweet, without elaborating.Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for "several years"

Last month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion over the past month. On Friday, Elon Musk sold 934,091 shares for some $963 million to pay for taxes on the exercise of 2.2 million options.Tesla shares have fallen 18% from a peak on November 4 as Musk offloaded his shares. However, Musk remains the world’s richest person, with a $266 billion fortune that has grown by $110 billion this year alone.

 

Tags: Elon Musktesla
Open in App

Related Stories

TechnologyX Down: Elon Musk-Owned Social Media Platform Faces Outage as Users Unable to Access Feeds, Post Content

TechnologyX Down: Elon Musk-Owned Social Media Platform Faces Global Outage for Users

NationalX Removes 600 Accounts, Blocks 3,500 Posts Following Government Action on Obscene Content

InternationalIndonesia Blocks Elon Musk’s Grok Chatbot Due to Risk of AI-Generated Pornographic Content

Technology'Undress This Woman': Ashley St Clair Accuses Elon Musk's Grok AI of Undressing Her Teenage Pics

Business Realted Stories

BusinessAdani tells US judge to dismiss SEC fraud suit against him as case 'legally flawed'

BusinessMaha Minister stresses safety, verification of gig workers

BusinessDelhi govt doubles gas cylinders for migrant labourers to 1,368 cylinders

BusinessGovt aims to raise farmers’ incomes and ensure India’s food, nutrition security: Chouhan

BusinessMaharashtra clears MahaGeoTech, resilience programme