Jared Birchall News Today

Elon Musk's xAI is building the world's largest supercomputer in Memphis. As a longtime resident, I'm happy but shocked.

A lawsuit filed in Manhattan accuses Elon Musk of defrauding investors by delaying disclosure of his Twitter stake to amass shares at lower prices.

The lawsuit claims that Musk and his right-hand man Jared Birchall were aware of and discussed the rule that they have to disclose more than a 5% stake in Twitter, citing testimonies from the two men in an investigation by the U.S. Securities and Exchange Commission (SEC).

From US Steel Corp and Japans Nippon Steel sealing the deal to Musks failure to disclose increasing Twitter stake, heres a look at recent business developments around the world.

Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered by his growing stake in Twitter in 2022, according to a Morgan Stanley executive.

Elon Musk is accused of ignoring US securities disclosure obligations while secretly amassing a significant stake in Twitter in 2022. A lawsuit claims Musk delayed disclosure, saving over $200 million, and defrauded investors by artificially keeping Twitters share price down.

Elon Musk is accused of acquiring a multibillion-dollar stake in Twitter secretly with the help of a Morgan Stanley banker, leading to a lawsuit alleging market manipulation and delayed disclosure of ownership.

Elon Musk's AI startup xAI is set to raise $6 billion in funding, led by Andreessen Horowitz, valuing the company at $18 billion, according to the Financial Times.

As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billion at a $15 billion pre-money valuation. Sequoia Capital and Future Ventures, the venture fund co-founded by Musk’s longtime friend Steve Jurvetson, are participating in the round. Other participants are likely to include Valor Equity Partners and Gigafund, whose founders are also part of the inner circle of Musk, who famously blends the personal and th...

Elon Musk could be facing potential legal repercussions due to the insufficient philanthropic activities of his foundation, despite its vast