Elon Musk Shifts Focus to Work After Major X Outage and DOGE Cutback

Elon Musk has declared a return to a "24/7" work schedule across his companies following a significant outage at his social media platform, X, which affected users globally. This shift comes as he aims to focus on X, xAI, and Tesla, while scaling back his involvement with Dogecoin to just a couple of days a week. Amid rising investor concerns and operational challenges, Musk also plans to reduce political donations, responding to backlash that has impacted Tesla's performance.

Elon Musk Returns to Work Amid X Outage and Political Spending Cuts

Elon Musk has returned to a rigorous work schedule following a significant global outage of his social media platform, X, on May 24, 2025. He emphasized the need for major operational improvements and stated he will focus on X, Tesla, and the upcoming Starship launch, as critical technologies are set to roll out. Additionally, Musk announced plans to substantially reduce his political spending, shifting his focus back to his business amid investor concerns.

Elon Musk Commits to Focus on X and Other Key Ventures

Elon Musk has pledged to be "super focused" on his companies, citing recent outages at X as a sign of the need for significant improvements. He expressed his commitment to working around the clock, emphasizing the importance of advancements at X, xAI, and Tesla, along with the upcoming Starship launch.

Snowflake Stock Sees Insider Sales and Analyst Upgrades Amid Market Activity

Snowflake Inc. has seen significant activity from hedge funds and institutional investors, with 65.10% of its stock owned by these entities. The company recently received an "overweight" rating from Barclays, raising its price target to $219, indicating a potential upside. Despite a "Moderate Buy" consensus rating, top analysts suggest other stocks may be better investments.

Elon Musk's Microsoft Internship Sparks Debate and New AI Developments

During a recent Microsoft event, CEO Satya Nadella mentioned that Elon Musk interned at Microsoft, which sparked curiosity about the accuracy of this claim. While initial searches found no evidence of such an internship, Walter Isaacson's biography of Musk confirms that he did intern at Microsoft's Toronto office in 1989. This revelation adds context to Musk's relationship with Microsoft amid ongoing tensions and a lawsuit, as the company seeks to expand its AI partnerships.

X Platform Faces Widespread Outages as Users Report Access Issues

Elon Musk's platform X, formerly Twitter, faced significant outages on Saturday, with thousands of users reporting issues accessing the app and website. Problems began shortly after 8 a.m. ET, with Downdetector logging nearly 12,000 reports, primarily related to the app. This incident follows a previous outage just two days prior, raising concerns about the platform's reliability and user retention, particularly in Europe, where it has lost millions of users since August 2024.

X Platform Experiences Global Outage as Users Report Widespread Issues

X, formerly known as Twitter, has experienced significant outages affecting millions globally, with over 25,000 users in the US and 11,000 in the UK reporting issues. The disruptions follow a fire at a data center in Oregon, where X leases space, although it's unclear if the outages are related. This incident adds to a series of challenges for Elon Musk, including political setbacks and a decline in Tesla's stock value.

Institutional Investors Increase Stakes in Okta Amid Positive Analyst Ratings

Smartleaf Asset Management LLC increased its stake in Okta by 12.6%, now holding 824 shares valued at $89,000. Other firms, including GPS Wealth Strategies Group LLC and Frank Rimerman Advisors LLC, also raised their stakes, contributing to 86.64% institutional ownership. Analysts maintain a "Moderate Buy" rating for Okta, with UBS Group setting a target price of $150, indicating a potential upside of 21.06%.

Elon Musk Discusses Tesla SpaceX Neuralink and AI Regulation in Recent Interview

In a recent interview, Elon Musk discussed various topics, including Tesla's global market performance, the upcoming Robotaxi network, and his commitment as CEO. He also addressed SpaceX's focus on Starship and the potential for Starlink's IPO, while emphasizing the need for AI regulation to manage the risks of Artificial General Intelligence. Neuralink's advancements aim to restore capabilities for individuals with medical conditions.

Musk's Ventures Gain Momentum with U S Government Support and Contracts

Elon Musk's companies have seen significant benefits under the Trump administration, including reduced regulatory scrutiny and lucrative government contracts, particularly for SpaceX and xAI. Despite facing backlash and declining Tesla sales, Musk's net worth has surged, with his ventures gaining international traction, such as Starlink's expansion in Saudi Arabia. However, challenges remain, including tariffs and public disapproval, which have impacted Tesla's brand reputation.
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