Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - October 29

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round

The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.

Tech - The Wall Street Journal - 3 days ago

Trump’s Victory Is a Major Win for Elon Musk and Big-Money Politics

The candidate largely let the billionaire run his $175 million ground game — a gamble that future candidates could look to emulate.

Business - The New York Times - November 6

How Elon Musk stands to cash in on Trump's presidential victory

Tesla CEO Elon Musk poured at least $130 million into a pro-Trump campaign effort after an assassination attempt on the former president in July.

Business - CNBC - November 7

How Trump’s ‘new star’ Elon Musk stands to benefit from his presidency

There are already signs of a return on the Tesla chief’s political investment, and there could be more to come. US elections 2024 – live updates US election results 2024: live map and ...

World - The Guardian - November 6

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - October 29

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

Business - CNBC - November 15

Elon Musk hopes Trump victory will help his $44bn Twitter bet pay off

The platform’s billionaire owner has seen its value plunge as advertisers run shy, revenues drop and user numbers fall. Two years ago, there was some trepidation among advertisers, anti-hate-speech ...

World - The Guardian - October 27

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.

Business - CNBC - November 11

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Business - CNBC - 2 days ago

A Recent Timeline of Elon Musk Going All In on Trump

Over the past month, Elon Musk has put himself in position to take the credit for a Donald Trump win—or the blame for a loss.

Tech - Wired - November 4

Elon Musk to watch results with Donald Trump

The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.

Did Elon Musk Win the Election for Trump?

Through his wealth and cultural influence, Elon Musk undoubtedly strengthened the Trump campaign. WIRED unpacks whether it really was his efforts that sealed the deal for the president-elect.

Tech - Wired - November 7

Elon Musk Joined Trump’s Call With Zelensky

Elon Musk was with Donald Trump at Mar-a-Lago when the president-elect spoke with Ukraine’s leader. It is not clear if they discussed any change in U.S. policy toward Ukraine.

Top stories - The New York Times - November 8

Elon Musk Made Appearance on Trump-Zelensky Call

The billionaire owner of SpaceX was on the call briefly and his involvement wasn’t planned, according to those familiar with the conversation.

World - The Wall Street Journal - November 8

Elon Musk joined Trump's call with Zelensky

Billionaire Elon Musk joined President-elect Trump's call earlier this week with Ukrainian President Volodymyr Zelensky, a sign of how Musk's close relationship with Trump could manifest itself as ...

Politics - The Hill - November 8

Elon Musk weighing in on Trump staffing decisions: Sources

Several people close to Donald Trump have stressed to ABC News the significance and influence billionaire Elon Musk has had in the Trump orbit over the last week.

Elon Musk, Ramaswamy land Trump admin roles

President-elect Trump has tapped tech entrepreneurs Elon Musk and Vivek Ramaswamy to lead an advisory group focused on cutting federal spending and reducing the size of the government. Trump ...

Politics - The Hill - November 13

Behind Trump's plans for Elon Musk, Vivek Ramaswamy

Donald Trump's plans for Elon Musk and Vivek Ramaswamy's roles in his government are emerging after he announced they would head a temporary agency known as the Department of Government Efficiency. ...

Examining Elon Musk's influence on Trump's transition process

President-elect Donald Trump announced this week that Elon Musk will help lead a new agency known as the Department of Government Efficiency. Theodore Schleifer, campaign finance reporter for The ...

Trump to Watch Latest SpaceX Launch With Elon Musk

The president-elect’s appearance in Texas demonstrates the growing closeness between the two billionaires, and Mr. Musk’s increasing influence in Mr. Trump’s orbit.

Top stories - The New York Times - 4 days ago

Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win

Shares of Tesla surged on Wednesday after NBC News projected Donald Trump to win the election and investors bet a victory would benefit CEO Elon Musk.

Business - CNBC - November 6

These stocks could benefit from Trump’s election victory, B. Riley says

Trump’s victory could benefit a host of stocks from sectors such as coal mining, fintech, cryptocurrency and for-profit education, says B. Riley Securities.

Business - MarketWatch - November 6

The ‘X Factor’ in Trump’s victory was X and Musk

In some very real ways, the relationship between Musk and Trump became symbiotic.

Politics - The Hill - November 9

Donald Trump and Elon Musk golf at Trump International after election win

The president-elect returned to golf at Trump International, the same course where an assassination attempt was made against him in September.

Elon Musk wins court victory in a dispute over a 2018 post during a labor dispute

A federal appeals court says the National Labor Relations Board was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options

Tech - ABC News - October 29

How Elon Musk Might Use His Pull With Trump to Help Tesla

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

Business - The New York Times - October 30

At town halls, Elon Musk works to harness his celebrity to boost Trump

In a series of town halls, tech billionaire Elon Musk has sought to harness his power as an influencer to help return Donald Trump to the White House.

Elon Musk Steps Up His Support for Donald Trump’s Campaign

The tech mogul is pushing even harder in the final days of the presidential race to get Donald Trump re-elected, with plenty at stake for his businesses.

Business - The New York Times - October 30

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

First Elon Musk changed Twitter to X — then he made it a MAGA haven

As Musk has quickly become one of Donald Trump’s biggest supporters, he has transformed X into a MAGA mouthpiece.

How Elon Musk Changed Course to Go All Out for Trump

The billionaire has poured nearly $120 million into a pro-Trump voting effort and used his social media platform, X, to spread misinformation, despite public statements he made in the past about ...

Business - The New York Times - November 1

Elon Musk's influence over Trump is being closely watched by Beijing

Tech billionaire Elon Musk’s influence over former President Donald Trump could be good news for China, where he has extensive business interests.

Elon Musk could be the biggest winner of a second Trump term

Elon Musk could reap numerous benefits from a friendly government run by Donald Trump.

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