The shares of Tesla reportedly fell 14% on Thursday as President Donald Trump threatened to pull government contracts for CEO Elon Musk’s companies
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Here are some ways Trump could make things difficult for Musk
After Trump threatened to cut government contracts given to Musk’s SpaceX rocket company and his Starlink internet satellite services, Musk responded via X that SpaceX “will begin decommissioning its Dragon spacecraft immediately.”
Elon Musk’s brain computer interface startup Neuralink announced in a blog post on Monday that they raised $650 million in a Series E funding round
“This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,” Musk added in a Tuesday afternoon post on X
As of mid-2025, Elon Musk’s ventures continue to dominate multiple sectors with significant valuations
It is unclear whether the latest disaster at SpaceX spurred his decision to not extend his stay at the White House
SpaceX’s Starship rocket roared into space from Texas on Tuesday but spun out of control about halfway through its flight without achieving some of its most important testing goals
Elon Musk’s SpaceX is gearing up for Mars with its latest rocket launch after two disastrous launches
The Federal Aviation Administration (FAA) has given Elon Musk’s SpaceX permission to proceed with the launch of Flight 9
The major companies and brands that abandoned X/Twitter when Elon Musk took over are fighting back at his decision to sue them.
Tesla’s board created a new “special committee” to explore a new CEO pay package for Elon Musk
DOGE eliminated $90 million in grants, including $995,000 for “a BIPOC (Black, Indigenous, and people of color) culinary program” and $625,000 for a “Russian-Far East biodiversity partnership.”
“We’ve had a handful of contracts, either statement of work, or cancel and on our annualized backlog of over $30 billion in total consulting”
Elon Musk is taking a step back from managing the Department of Government Efficiency (DOGE) in light of his companies not faring well in the market
Trump’s inaugural committee collected a staggering $239 million for the festivities surrounding his swearing-in this year
Jack Dorsey, the cofounder of Twitter (now X) sparked debate over intellectual property and copyright, with his X post which stated “delete all IP law.”
Tesla has started selling cars in Saudi Arabia on Thursday. This comes amid challenges as EVs aren’t really popular in the kingdom
OpenAI countersued Elon Musk as part of an ongoing legal battle, asking a federal judge to block any “further unlawful and unfair action” against the company
Elon Musk has spoken about his hopes for an amenable tariff condition between the United States and the European Union.
Jeff Bezos is going after Elon Musk’s Starlink with internet satellites of his very own.
DOGE leader Elon Musk plans to step down from the role after achieving the $1 trillion goal in federal spending cuts
In a bid to reduce fraud and wasteful spending, DOGE has forced out tens of thousands of employees, shuttered agencies, canceled grants and contracts
A popular staffer from DOGE, nicknamed “Big Balls” allegedly has gang ties
The Wall Street Journal reported that no CEO in the U.S. received a salary of $100 million in 2024