Lucas Manfredi

Billionaire Elon Musk has said his decision to acquire Twitter for $54.20 per share could potentially accelerate the creation of X, an “everything app,” by three to five years.

Los Angeles is the third largest U.S. ride-hailing service area, with an estimated market opportunity of $2 billion in 2022, according to Alphabet-owned Waymo.

Officials are concerned about Elon Musk’s plan to acquire Twitter with a group of foreign investors and possibly pull the plug on Starlink funding in Ukraine

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

Altimeter Capital argues the changes would double Meta’s free cash flow to $40 billion per year, improve its stock price and make a leaner, more productive and focused company.

The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.

Banks have committed to providing approximately $12.5 billion in debt financing for Musk’s $54.20 per share buyout of the social media giant.

The entertainment giant’s restructuring charges include content and development write-offs, organizational restructuring and facility consolidation activities.

Mobileye is selling 41 million Class A shares at $21 per share. The offering values Intel’s autonomous hardware and software unit at $16.7 billion.

Elon Musk’s $54.20 per share Twitter buyout has reached the finish line. Here’s what could lie ahead for the social media giant under the ownership of the world’s richest man.