Elon Musk's businesses are soaring in value, except one. A look at every company he owns.
SpaceX also does business with the U.S. government. Since 2008, it has benefited from nearly $19.8 billion in federal contracts. Fiscal year 2024 was the largest on record for SpaceX, aided by at least $3.8 billion in government contracts.
How Elon Musk Cuts Costs at Tesla, SpaceX and X
On a Saturday morning in December 2022, Elon Musk summoned finance executives at Twitter, which he had bought six weeks earlier, to a conference call. Then he drilled into a spreadsheet that contained the social media company’s expenditures.
Why Is Elon Musk Really Embracing Donald Trump?
After spending more than a hundred million dollars to help Trump get elected, Musk stands to earn a lot more. On Wednesday, during a gathering at Mar-a-Lago attended by some of Donald Trump ’s closest associates,
Elon Musk wants to cut government spending. Tesla and SpaceX benefit from it
It's a policy that has benefited Elon Musk, Tesla's CEO and Trump's newly appointed head of the proposed Department of Government Efficiency. Musk, a vocal Trump supporter and the world's richest person,
Why Elon Musk Says His New Role ‘Won’t Be Business as Usual’
Musk’s moves since the election suggest the Tesla CEO will be heavily involved in the Trump administration’s ‘revolution,’ as he calls it.
Elon Musk pushes Lutnick for Treasury
Elon Musk is backing Donald Trump’s transition co-chair Howard Lutnick to lead the Treasury Department, touting the billionaire CEO of Cantor Fitzgerald as a potential secretary who “will actually enact change” from the most powerful economic post in Trump’s cabinet.
Will Elon Musk’s Tesla robotaxi see an easier regulatory path following Trump victory?
Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other benefits over the years.
Elon Musk bet big on Donald Trump. Here’s how Tesla, SpaceX and his other businesses could benefit
Two months ago, SpaceX founder Elon Musk was online wailing about the Federal Aviation Administration’s decision to fine the company for violating safety and licensing regulations and calling for the resignation of the agency’s leader,
Tesla Stock Rises 7%: What We Know About Trump’s Impact On Musk's EV Giant
Tesla stock is up 37% in volatile post-election trading as Wall Street digests a complicated web of Trump policies which may ...
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How Tesla Stands To Benefit From a Second Trump Presidency
The incoming second Trump administration has prioritized new rules that could stand to benefit Tesla more than others.
Gary Black Defends Tesla Strategy Amid Clash With Elon Musk Bulls: 'We Don't Trade Tesla... We Trim When The Price Goes Higher'
Tesla Inc investor Gary Black, Managing Partner of The Future Fund LLC, defended his firm's investment strategy against ...
‘We Need Change’—Tesla CEO Elon Musk’s U.S. ‘Bankrupt’ Warning Backs Bitcoin Price Bull For Treasury
Elon Musk, the Tesla billionaire who has become a close advisor to U.S. president-elect Donald Trump, surprised people with ...
Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising
Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $335 billion at Monday's ...
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Slash first, fix later: How Elon Musk cuts costs
On a Saturday morning in December 2022, Elon Musk summoned finance executives at Twitter ... contract related to website ...
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Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from ...
Tesla stock surges 7% on Trump plan to streamline regulations for self-driving cars: report
The streamlined regulatory system would greatly benefit Tesla founder Elon Musk, who became a close Trump ally during his ...