The claim was one of many positive — but fictional and seemingly AI-generated — stories about Musk that circulated on social media in early 2025.

A rumor Facebook users circulated in March and April 2025 claimed tech billionaire Elon Musk, an adviser to U.S. President Donald Trump, donated $800,000 to help storm victims repair their homes.

Musk's social media antics were part of an April Fool's prank, but investors weren't laughing. Tesla shares dropped another 5 percent, according to The Washington Post, with business experts openly questioning Musk's ability to lead the multi-billion dollar company.

The Google stock price has crashed into a bear market this year as concerns about the technology industry continues. After peaking at $208 earlier this year, the Alphabet share price has plunged by almost 20% to the current $167.

Elon Musk, known for Tesla and SpaceX, overcame childhood bullying and early challenges to achieve immense success. He sold a video game at 12, ran a college nightclub, and almost sold Tesla to Google.

An article detailing the fictional scenario claimed the billionaire was "prohibited from stepping foot in Arrowhead Stadium."

Elon Musk said in a post on X that the move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.”

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.

The tech mogul, Elon Musk, has officially reclaimed as the world’s richest person in Forbes’ 39th annual World’s Billionaires List.He surpassed French luxury goods tycoon Bernard Arnault, who previously topped the

US Vice President JD Vance on Thursday revealed that he could run for president in 2028 after discussing the matter with Donald Trump.

American consumers might be shying away from owning Tesla vehicles a new poll finds. Elon Musk and Tesla score low favorability ratings in the new poll.

The timing of the lawsuit is interesting as it comes when Musk's other companies Starlink and Tesla have just begun making inroads into India with their business plans.