Elon Musks Xai Wins 6 Billion in Private Funding As the Latest Unicorn to Avoid An Ipo
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Chinese investors privately take stakes in Musk’s companies
Asset managers have been promoting tech mogul’s ties to Donald Trump to lure capital to xAI, Neuralink and SpaceXFinancial Times - 2d -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 2h -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - 23h -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 1d -
Federal Grant Program Opens Door to Elon Musk’s Starlink
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.The New York Times - 6d -
Top budget Democrat: GOP spending bill hands ‘a blank check to Elon Musk’
Rep. Rosa DeLauro (D-Conn.), the top Democrat on the House Appropriations Committee, slammed the new House Republicans’ six-month stopgap funding bill, claiming it is a “blank check” for tech ...The Hill - 3d -
Elon Musk’s X suffers multiple outages
Elon Musk's social media platform X experienced several outages on MondayCNBC - 1d -
Trump pushes detente between Musk and Rubio
Elon Musk and Secretary of State Marco Rubio sought to project unity Monday, following a private clash at a recent Cabinet meeting, with President Trump seeking to play mediator. Trump brought the ...The Hill - 1d -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - 1d -
‘SNL’ pokes fun at Musk, Rubio during cold open
The latest episode of “Saturday Night Live” featured James Austin Johnson’s version of President Trump attempting to bring together Marco Rubio and Elon Musk during the cold open. The show went on ...NBC News - 2d -
Elon Musk’s Neuralink Files to Trademark ‘Telepathy’
The brain implant company cofounded by Elon Musk is moving to trademark several product names, including Telepathy and Telekinesis.Wired - 4d -
As Federal Cuts Brush Against Private Sector, Should Your Company Make a DOGE Contingency Plan?
A really good long-term business plan may include processes to follow in disaster scenarios. It’s something to think about, as Elon Musk’s DOGE teams upends the federal government and side effects ...Inc. - 1d -
Elon Musk Has Wanted the Government Shutdown
Sources tell WIRED that Elon Musk has wanted a government shutdown in part because it would potentially make it easier to eliminate the jobs of hundreds of thousands of federal workers.Wired - 7h -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - 3d -
Elon Musk's feud with OpenAI CEO Sam Altman, explained
Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial intelligence.Los Angeles Times - 1d -
Elon Musk says "massive cyberattack" is causing outages at X
Elon Musk's social media site X wasn't working for thousands of users on Monday, with the billionaire claiming a cyberattack.CBS News - 1d -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - 8h -
What Elon Musk’s Suit Says About Trump and Power
When Elon Musk puts on a nice suit, it has a way of looking like a demotion.The New York Times - 3h -
Trump defends Elon Musk, DOGE cuts to federal workforce
President Trump defended Elon Musk and DOGE over the weekend after reported rifts between Musk and Cabinet members. CBS News White House reporter Olivia Rinaldi has more.CBS News - 1d -
Tesla facilities across the country attacked in protest of Elon Musk
A wave of anti-Tesla attacks have occurred as Elon Musk takes a leading role in President Trump's cost-cutting task force known as DOGE.CBS News - 2d -
'SNL' taps into cynicism over Elon Musk's White House influence
Questions about tech investor Elon Musk's extraordinary influence in President Donald Trump's White House found answers that doubled as punchlines on "Saturday Night Live."NBC News - 2d -
Tesla Stocks Tumble as Elon Musk’s Political Role Grows More Divisive
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.The New York Times - 11h -
Sen. Mark Kelly says Elon Musk is "not a serious guy"
Elon Musk called Sen. Mark Kelly a "traitor" after the Arizona Democrat posted on X about his recent trip to Ukraine.CBS News - 5h -
Trump buys a Tesla from Elon Musk at the White House
President Donald Trump bought a Tesla from Elon Musk at the White House. Trump declared the vehicles “beautiful” and in particular praised the company’s unusually designed Cybertruck.NBC News - 2h -
There Is a Liberal Answer to Elon Musk
Right-wing populism thrives on scarcity. The answer is abundance. But a politics of abundance will work only if Democrats confront where their approach has failed.The New York Times - 2d -
Elon Musk’s self-destruction
The cost for Donald Trump of keeping the world’s richest man by his side is growingFinancial Times - 12h -
Elon Musk Claims X Targeted in ‘Massive Cyberattack’
X (formerly Twitter) went down for thousands of users on Monday. Musk blamed a cyberattack.Inc. - 1d -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - 3d -
Tesla facilities face wave of attacks as Elon Musk delves into politics
As Elon Musk attempts to drastically cut the federal workforce and delves further into the corridors of American power, the Tesla CEO's electric carmaker facilities have come under fire — literally.NBC News - 3d -
Trump downplays infighting between Elon Musk, Marco Rubio, other officials
President Trump is backing a House Republican plan to avert a government shutdown next week. He also played down reports of in-fighting in his Cabinet with advisor Elon Musk. Nikole Killion has the ...CBS News - 3d -
Elon Musk claims ‘massive cyber-attack’ caused X outages
Billionaire owner speculates ‘coordinated group/and or country’ involved after platform was unresponsive for many. Elon Musk claimed on Monday afternoon that X was targeted in a “massive ...The Guardian - 1d -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - 10h -
Elon Musk, George Soros eye Wisconsin Supreme Court race
The Wisconsin Supreme Court race has quickly become a battle of many billionaires, with the ideologically conservative candidate backed by a PAC connected to Elon Musk and the ideologically liberal ...CBS News - 2h -
Elon Musk Seeks to Put $100 Million Into Trump Political Operation
Elon Musk has signaled he wants to make some donations not just to his own super PAC, which is called America PAC and has spent heavily on President Trump in the past, but to an outside entity.The New York Times - 59m -
Wholly Women-Led Companies Attracted Just 1 Percent of VC Funding in 2024, Tanking an Already Abysmal Stat
Thirteen female-founded companies became unicorns in 2024. But early-stage funding took a hit and anti-DEI efforts could make things worse for female founders.Inc. - 4d -
Lara Trump: Americans should be 'kissing the feet of Elon Musk and Donald Trump'
Fox News host and former Republican National Committee co-Chair Lara Trump argued Americans should be thankful for the work billionaire Elon Musk is doing on behalf of President Trump to shrink the ...The Hill - 10h -
Sen. Mark Kelly on Ukraine aid, Elon Musk's criticism and U.S. responsibility
Sen. Mark Kelly, a Democratic lawmaker and Navy combat veteran, is standing by his call for continued U.S. support for Ukraine after visiting the country. His remarks drew criticism from Elon Musk, ...CBS News - 10h -
Elon Musk and Marco Rubio Share Awkward Social Media Embrace After White House Confrontation
Days after Secretary of State Marco Rubio and Elon Musk sparred at the White House, Mr. Rubio announced cuts to foreign aid that Mr. Musk had ordered.The New York Times - 1d -
UK minister in ‘active discussions’ with pension funds to invest more in private markets
Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assetsFinancial Times - 6h -
LinkedIn co-founder has known Elon Musk for years. Here’s what he says Americans don’t understand about the Tesla CEO.
Elon Musk takes a hammer-and-nail approach to everything, LinkedIn co-founder Reid Hoffman says.MarketWatch - 13h