The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal government, reprising the playbook he used after buying Twitter in 2022.
As U.S. President Donald Trump took office in 2025, his inauguration celebrations were marked by controversy over a gesture made by his supporter Elon Musk that many people claime
At a press conference Thursday with rescue officials, newly confirmed Transportation Secretary Sean Duffy walked away without answering when questioned about whether the FAA had an acting director in
The world’s richest man is now also one of the most politically powerful. Musk’s journey to mega MAGA funder sheds some light on what his motivations might be.
I met with the owners of Tiktok, the big owners, it’s worthless if it doesn’t get a permit,” Trump said. “It’s worth like a trillion dollars.”
That is “Establishing and Implementing the President’s Department of Government Efficiency.’’ The acronym for that name is DOGE (named after a memecoin), and it’s the Elon Musk–led effort to cut government spending by a trillion bucks or two.
Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as DOGE — should train its sights on the World Bank after it was accused of losing track of $24 billion in climate funding.
Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.
The Anti-Defamation League has declared that Musk’s gesture was “not a Nazi salute.” Stewart tried to puzzle it out: “Maybe that was Elon’s attempt at ‘dabbing on the haters.’”
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers
Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
Elon Musk referenced Adolf Hitler and other Nazi leaders in a social media post filled with puns early Thursday.