Elon Musk's X Suffers Massive Global Outage: Shocking Financial Toll Emerges from November 18 Blackout

B. Riley Financial Inc. has received an extension from Nasdaq to complete its overdue quarterly financial reports, allowing the firm to remain listed on the stock exchange. Despite this reprieve, the company's shares fell by 15% during trading in New York.

Elon Musk's xAI has partnered with the Saudi artificial intelligence company Humain to establish a new data center in Saudi Arabia. This initiative is part of Crown Prince Mohammed bin Salman's strategy to diversify the kingdom's economy. The data center will be xAI's largest outside the United States.

Tesla investors have shown strong support for CEO Elon Musk, with approximately 75% voting in favor of a groundbreaking pay package that could potentially reward him with $1 trillion if he significantly increases the company's value. This decision reflects the confidence shareholders have in Musk's vision for Tesla's future.

A popular pizza chain franchise operator has filed for Chapter 11 bankruptcy, a significant move that reflects ongoing challenges in the food service industry. The filing indicates financial distress, which may affect its operations and workforce. This development comes amid a broader conversation about pizza preferences, highlighted by celebrity chef Anthony Bourdain's past comments on the subject.

Elon Musk announced that his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia in collaboration with Humain, the kingdom’s state-backed AI venture. The announcement was made during a US-Saudi investment forum in Washington, where Musk was joined by Nvidia CEO Jensen Huang, indicating a significant partnership in the AI sector.

Elon Musk announced that the Tesla Cybercab, which is designed without a steering wheel or pedals, is set to enter production in April. However, Tesla currently lacks the necessary regulatory exemption to legally sell the vehicle, raising questions about the feasibility of this ambitious project.

Gustav Klimt's painting, Portrait of Elisabeth Lederer, sold for a record-breaking $236.4 million at a Sotheby’s auction in New York. The bidding began at $130 million and lasted for 20 minutes, with six bidders competing. This sale marks the highest price ever paid for a modern artwork at auction. The painting, created between 1914 and 1916, depicts Lederer, the daughter of Klimt’s patrons, in a Chinese robe.

Elon Musk attended a dinner hosted by former President Donald Trump for Saudi Crown Prince Mohammed bin Salman, signaling a potential reconciliation between Trump and the Saudi leadership. This event reflects ongoing efforts to strengthen ties between the U.S. and Saudi Arabia, particularly in light of recent discussions surrounding significant investments and defense agreements. Musk's presence at the dinner highlights his influential role in the tech and business sectors, especially as he navigates relationships with global leaders.