Elon Musk Says 'D**k Move' On Bill Gates' Part Over Allegations Of Backing 'Dark Money Fund'

Zinger Key Points
  • Tesla CEO comes down on Bill Gates' alleged funding of 'Dark Money' fund
  • Musk was reacting to a report by far-right news publication Breitbart
  • Breitbart report claims Gates' foundation funded 11 out of the 26 organizations that penned letter to Twitter advertisers urging a boycott

Tesla Inc TSLA CEO Elon Musk blasted an alleged pouring of millions of dollars by Microsoft Corporation MSFT co-founder Bill Gates into a “Dark Money” fund attacking him on Tuesday.

What Happened: Musk labeled Gates' alleged support to the Fund as a “[d*ck] move.” The comment was made in response to a tweet by the alt-right social media personality and political commentator Mike Cernovich.

Cernovich shared a report by Breitbart, a far-right news and commentary website. Breitbart said it had identified “millions of dollars” flowing from Gates’ foundation to 11 out of 26 organizations that urged a boycott of Twitter Inc TWTR if Musk fails to uphold content policies at the social media platform after the entrepreneur takes over management.

Media Matters, a left-leaning non-profit organization, had released the letter signed by the activist groups. Breitbart said that the Tides Foundation, a recipient of the Gates Foundation funds, also funds Media Matters and five other signatories like Free Press and Black Lives Matter Global Network.

The Breitbart report tied New Venture Fund, an alleged large beneficiary of the Gates Foundation to four other signatories like The Center for Media Justice and Accountable Tech.

Two other signatories — Empowering Pacific Islanders Community and Reproaction — were also linked to The Bill and Melinda Gates Foundation by Breitbart.

Why It Matters: In May, Musk questioned the funding sources of the organizations that “want to control your access to information” after the letter to Twitter advertisers was released.

Recently, Gates took a swipe at Musk’s attempts centered around acquiring Twitter and said he could “actually make it worse.”

Last month, leaked text messages, whose authenticity was confirmed by Musk on Twitter, revealed that the Tesla CEO had confronted Gates about shorting the automaker’s stock.

Musk mocked Gates in subsequent tweets and compared him to the pregnant man emoji, but later said he was “moving on” from making fun of the former Microsoft executive.

Price Action: On Tuesday, Tesla shares closed 6.9% lower at $628.16 in regular trading and rose 0.9% higher in the after-hours session. On the same day, Microsoft shares fell 0.4% to $259.62 in regular trading and appreciated 0.8% in the after-hours session, according to data from Benzinga Pro.

Read Next: 'Twitter Exec Trashing Free Speech, Mocking Asperger's:' Elon Musk Reacts To Sting Op As 3 More Senior Staffers Quit

Photo: Courtesy of Daniel Oberhaus via Flickr

Posted In: Bill GatesElon MuskNewsPoliticsMediaGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.