Elon Musk loses $20B since SNL, as Michael Saylor comes out firing
Tesla stock has dipped 14% since Elon Musk appeared on SNL, with Musk estimated to have lost $20 billion in that time frame. Elon Musk has reportedly lost $20 billion since his May 8 appearance on Saturday Night live, as the news of Tesla halting BTC payments for cars continues to send shockwaves across markets. On May 7, the day before Musk made his appearance on SNL, Tesla stock was sitting at $669. In the week since the stock has declined 14% to sit around $573. According to Forbes estimates, this sudden drop has seen Musk’s $166 billion net worth plunge by $20 billion down to around....
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Elon Musk and Michael Saylor attended a private meeting with North American bitcoin miners to propel renewable energy use.
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and Michael Saylor Say Miners Have Agreed to Form Bitcoin Mining Council The Technoking of Tesla, Elon Musk, announced on Twitter Monday that he has spoken with bitcoin miners. He wrote: Spoke with North American bitcoin....
Michael Saylor took to Twitter on Sunday, offering Bitcoin advice to the SpaceX founder 'from one rocket scientist to another.' Michael Saylor, the CEO who made a $425 million bet on Bitcoin earlier this year, is offering to advise Elon Musk on how to get started investing in crypto.According to a tweet posted today, Saylor proposed Musk convert Tesla’s balance sheet into Bitcoin (BTC) — a company whose market capitalization is currently valued at more than $658 billion, according to AssetDash. The MicroStrategy CEO implied a figure like Musk taking the lead on Bitcoin adoption could cause....
Dogecoin once again proved its strong ties with self-proclaimed “Dogefather” Elon Musk who highlighted his Twitter takeover on Thursday evening with reports of him firing key officials of the social media giant. Still riding the momentum of the bullish run that the crypto market experienced just days ago, DOGE capitalized on the Musk-related development as […]
The Bitcoin Mining Council has gone live, launching its own website detailing its members and the mission statement of the organization. The council originated as a closed organization, but they are now allowing any miner to join. While Michael Saylor gets a founding member status, the site states Elon Musk has “no role” in the council. Bitcoin Mining Council Officially Launches The Bitcoin Mining Council, an organization born out of worries regarding Bitcoin’s energy consumption, launched officially yesterday. On the website, the council presents its mission statement.....