Rapper Azealia Banks’ claims to have the inside track on Elon Musk’s Tesla take-private drama

Comment

If Azealia Banks’ Instagram account is to be believed, Elon Musk’s tweets about Tesla’s take-private deal can be chalked up to some good ole acid and a whole lot of post-tweet frantic scrambling.

Over a series of Instagram stories from the weekend, Banks (whose account should be taken with an entire salt shaker — more on that later) reported from the belly of the beast (which in this case is one of Elon Musk’s Los Angeles homes).

https://twitter.com/sadhoeflo/status/1028869317213880320

Banks, who claims she was invited to Elon’s demesne at the behest of Musk’s partner, the musician Grimes, to collaborate on music, wound up being a witness to what she claimed was a drug-induced financing tweet and a weekend of dealing with its repercussions.

At this point, yes, of course we reached out for comment. A spokesperson for Musk responded to a request for comment in an email, writing, “With regard to your question about drug use, as a spokesman for Elon this is ‘total nonsense’ – additionally, ‘Elon has never even met Ms. Banks or communicated with her in any way’.”

A close reading of Banks’ account paints the picture that she was left alone in the house and only overheard frantic phone calls as Musk scrambled to shore up the funding he had claimed was “secured” in a tweet from last week.

Banks did not respond to a direct message requesting comment.

As soon as Musk tweeted his infamous tweet claiming Tesla had secured financing last week, there was instant speculation about whether it was Saudi money, Softbank money…or maybe no money. The theories were that either he had pulled off a coup or Musk was chasing the recent SpaceX successes with some speculative (shaky) fiction about Tesla’s outcomes.

Indeed, the “clarification” that Musk issued today does not make the financing picture any more solid, nor, experts say, would it absolve Musk from potential problems with the Securities and Exchange Commission.

Elon Musk confirms his bid to take Tesla private, backed by Saudi Arabia’s sovereign wealth fund

The financial regulator remains highly interested in Musk’s confirmation fo funding and whether or not it is more than just a pipe dream more befitting a confabulation from Timothy Leary.

The SEC wants Tesla to explain Elon’s 420 tweet

There is, however, the matter of Banks’ credibility. While other sites have confirmed that she was at Musk’s house, the notorious shit-stirrer is… well… a notorious stirrer of shit. She’s picked fights with celebrities from Beyonce to cast members of RuPaul’s drag race and remains a controversial figure.

Indeed, Gizmodo is reporting that Musk (reached via DM) said he never met Banks.

… when reached via Twitter direct messages, Musk told Gizmodo that he “has never even met [Banks] or communicated with her in any way.” In other words, he doesn’t know her.

That said, this feels… insane as it may be… of a piece with the arc of Tesla’s recent story (and the founder to which, as of now, it is inextricably tied). The company makes very real, and very beloved cars that could have a major impact on renewable energy for all — while simultaneously riding the waves of controversy kicked up by its founder CEO like a battery powered toy boat.

All things could be true. The Saudis could come in to save Musk and Tesla (although today’s statement from Musk indicates nothing so solid as a deal on the table) and he could also be Howard Hughes-ing it in one of his Los Angeles estates.

via GIPHY

Musk has already shown us that he’s brilliant, but his erratic behavior recently (from random tweets, to errant earnings calls) may be a sign that he is also — at least for now — out of whatever stands in for balance when it comes to high-functioning futurists. And he certainly hasn’t done himself any favors regarding his credibility by trying to paint reasonable journalism and journalists as purveyors of “fake news”.

As of now, I’m #teamnoone and all of this sucks.

More TechCrunch

The fresh funds were raised from two investors who transferred the capital into a special purpose vehicle, a legal entity associated with the OpenAI Startup Fund.

OpenAI Startup Fund raises additional $5M

Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.

Accel has a fresh $650M to back European early-stage startups

Kyle Vogt, the former founder and CEO of self-driving car company Cruise, has a new VC-backed robotics startup focused on household chores. Vogt announced Monday that the new startup, called…

Cruise founder Kyle Vogt is back with a robot startup

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and…

From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs

On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own.…

Anthropic is expanding to Europe and raising more money

If you’re looking for a Starliner mission recap, you’ll have to wait a little longer, because the mission has officially been delayed.

TechCrunch Space: You rock(et) my world, moms

Apple devoted a full event to iPad last Tuesday, roughly a month out from WWDC. From the invite artwork to the polarizing ad spot, Apple was clear — the event…

Apple iPad Pro M4 vs. iPad Air M2: Reviewing which is right for most

Terri Burns, a former partner at GV, is venturing into a new chapter of her career by launching her own venture firm called Type Capital. 

GV’s youngest partner has launched her own firm

The decision to go monochrome was probably a smart one, considering the candy-colored alternatives that seem to want to dazzle and comfort you.

ChatGPT’s new face is a black hole

Apple and Google announced on Monday that iPhone and Android users will start seeing alerts when it’s possible that an unknown Bluetooth device is being used to track them. The…

Apple and Google agree on standard to alert people when unknown Bluetooth devices may be tracking them

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: Watch here

A human safety operator will be behind the wheel during this phase of testing, according to the company.

GM’s Cruise ramps up robotaxi testing in Phoenix

OpenAI announced a new flagship generative AI model on Monday that they call GPT-4o — the “o” stands for “omni,” referring to the model’s ability to handle text, speech, and…

OpenAI debuts GPT-4o ‘omni’ model now powering ChatGPT

Featured Article

The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

10 hours ago
The women in AI making a difference

The expansion of Polar Semiconductor’s facility would enable the company to double its U.S. production capacity of sensor and power chips within two years.

White House proposes up to $120M to help fund Polar Semiconductor’s chip facility expansion

In 2021, Google kicked off work on Project Starline, a corporate-focused teleconferencing platform that uses 3D imaging, cameras and a custom-designed screen to let people converse with someone as if…

Google’s 3D video conferencing platform, Project Starline, is coming in 2025 with help from HP

Over the weekend, Instagram announced it is expanding its creator marketplace to 10 new countries — this marketplace connects brands with creators to foster collaboration. The new regions include South…

Instagram expands its creator marketplace to 10 new countries

You can expect plenty of AI, but probably not a lot of hardware.

Google I/O 2024: What to expect

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

Four-year-old Mexican BNPL startup Aplazo facilitates fractionated payments to offline and online merchants even when the buyer doesn’t have a credit card.

Aplazo is using buy now, pay later as a stepping stone to financial ubiquity in Mexico

We received countless submissions to speak at this year’s Disrupt 2024. After carefully sifting through all the applications, we’ve narrowed it down to 19 session finalists. Now we need your…

Vote for your Disrupt 2024 Audience Choice favs

Co-founder and CEO Bowie Cheung, who previously worked at Uber Eats, said the company now has 200 customers.

Healthy growth helps B2B food e-commerce startup Pepper nab $30 million led by ICONIQ Growth

Booking.com has been designated a gatekeeper under the EU’s DMA, meaning the firm will be regulated under the bloc’s market fairness framework.

Booking.com latest to fall under EU market power rules

Featured Article

‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

Estate is an invite-only website that has helped hundreds of attackers make thousands of phone calls aimed at stealing account passcodes, according to its leaked database.

15 hours ago
‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

Squarespace is being taken private in an all-cash deal that values the company on an equity basis at $6.6 billion.

Permira is taking Squarespace private in a $6.9 billion deal

AI-powered tools like OpenAI’s Whisper have enabled many apps to make transcription an integral part of their feature set for personal note-taking, and the space has quickly flourished as a…

Buy Me a Coffee’s founder has built an AI-powered voice note app

Airtel, India’s second-largest telco, is partnering with Google Cloud to develop and deliver cloud and GenAI solutions to Indian businesses.

Google partners with Airtel to offer cloud and GenAI products to Indian businesses

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve contributed to…

Women in AI: Rep. Dar’shun Kendrick wants to pass more AI legislation

We took the pulse of emerging fund managers about what it’s been like for them during these post-ZERP, venture-capital-winter years.

A reckoning is coming for emerging venture funds, and that, VCs say, is a good thing

It’s been a busy weekend for union organizing efforts at U.S. Apple stores, with the union at one store voting to authorize a strike, while workers at another store voted…

Workers at a Maryland Apple store authorize strike