Elon Musk
Trump’s acting Consumer Financial Protection Bureau chief halts all supervision of companies
Russell Vought, President-elect Donald Trump’s pick to be director of the Office of Management and Budget, arrives for a meeting at the office of Sen. Chuck Grassley, R-Iowa, in Hart building on Monday, December 16, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images Russell Vought, President Donald Trump’s newly installed head of the […]
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Staffer with Elon Musk’s DOGE amplified white supremacists online
One of the people working with billionaire Elon Musk in his efforts to overhaul the U.S. government is a Berkeley-educated computer scientist who has boosted white supremacists and misogynists online. Gavin Kliger lists his job on LinkedIn as “Special Advisor to the Director” at the Office of Personnel Management, which has been spearheading Musk’s efforts […]
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Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber. SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12 to 24 months, with the first payment coming as soon as spring, […]
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Trump administration sued by government workers over cuts to USAID
The flag of the United States Agency for International Development (USAID) outside its headquarters in Washington, D.C., on Feb. 5, 2025. Mandel Ngan | AFP | Getty Images The largest U.S. government workers’ union and an association of foreign service workers sued the Trump administration on Thursday in an effort to reverse its aggressive dismantling of the U.S. Agency for International Development. The lawsuit, filed […]
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How one ETF provider is trying to help investors cut exposure to Magnificent 7 stocks
ETF Edge How one ETF provider is trying to help investors cut exposure to Magnificent 7 stocks Published Thu, Feb 6 20257:00 PM EST Krysta Escobar WATCH LIVE Source
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Musk’s pivot to U.S. airspace reform raises new conflict-of-interest concerns
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters Elon Musk’s involvement in the Trump administration’s airspace reform plan has quickly spurred calls to bar the Tesla and SpaceX leader from those efforts over his […]
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Trump sued over purge at NLRB, regulator targeted by SpaceX, Amazon and others
U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | Reuters The former chair of the National Labor Relations Board in a new lawsuit Wednesday accused President Donald Trump of breaking the law when he fired […]
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DOT secretary says he spoke with Elon Musk on U.S. airspace reforms
An American Airlines plane takes off as a salvage barge with a crane is positioned near the crash site along the Potomac River after a passenger jet collided with a helicopter while landing at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Sunday, Feb. 2, 2025. Al Drago | Bloomberg | Getty […]
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Palantir’s valuation appears detached from reality when compared to the rest of the S&P 500
While the overall stock market this week is treading water on President Donald Trump ‘s tariff back-and-forth, Palantir is showing animal spirits are alive and well on Wall Street by trading at a valuation that appears detached from fundamental reality. Shares of the mysterious government contractor and artificial intelligence play are trading at a 62 […]
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White House crypto czar David Sacks says first priority is stablecoin legislation
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with […]
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