Elon Musk
Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, […]
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How Bluesky rose out of Twitter’s ashes to challenge X and Threads
Rose Wang, COO of Bluesky. Courtesy: Bluesky It only took a high-profile U.S. presidential election to introduce millions of people to Bluesky. The micro-blogging startup said it has gained 8.7 million new users since Election Day, underscoring consumer appetite for an alternative to Elon Musk’s X, formerly known as Twitter, and Meta’s Threads. And while these […]
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How Elon Musk’s plan to slash government agencies and regulation may benefit his empire
Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace firm SpaceX. Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, […]
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Bluesky CEO Jay Graber says X rival is ‘billionaire proof’
Bluesky has surged in popularity since the presidential election earlier this month, suddenly becoming a competitor to Elon Musk’s X and Meta’s Threads. But CEO Jay Graber has some cautionary words for potential acquirers: Bluesky is “billionaire proof.” In an interview on Thursday with CNBC’s “Money Movers,” Graber said Bluesky’s open design is intended to […]
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Rep. Marjorie Taylor Greene tapped to work with Elon Musk and Vivek Ramaswamy as new DOGE subcommittee chair
Rep. Marjorie Taylor Greene, R-Ga., attends a roundtable discussion with members of the House Freedom Caucus on the COVID-19 pandemic at The Heritage Foundation on Thursday, November 10, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images Rep. Marjorie Taylor Greene, R-Ga., has been tapped to lead a new House subcommittee that will work […]
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SpaceX launches Starship’s fourth flight of the year, splashes down booster instead of catching it
SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle’s development. The rocket took off from SpaceX’s private “Starbase” facility near Brownsville, Texas. There are not any people on board the Starship flight. Starship reached space and will travel halfway around […]
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Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
Michael Nagle | Bloomberg | Getty Images The stock prices for H&R Block and Intuit fell after a report Tuesday said Trump’s government efficiency team is considering creating a free tax-filing app. Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the […]
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Trump to attend SpaceX Starship launch in Texas with CEO Elon Musk
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump talks with Elon Musk (right) during UFC 309 at Madison Square Garden. Mandatory Brad Penner | Usa Today Sports Via Reuters Con President-elect Donald Trump will attend Tuesday’s launch of the SpaceX rocket Starship with company CEO Elon Musk. Trump’s planned presence at the launch […]
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Trump expected to pick Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary: NBC sources
Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, speaks during a rally for Republican presidential nominee and former U.S. President Donald Trump, at Madison Square Garden, in New York City, U.S. October 27, 2024. Carlos Barria | Reuters WASHINGTON — President Donald Trump is expected to nominate a key transition adviser and billionaire financial services […]
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Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla shares jumped on Monday following a report that President-elect Donald Trump’s transition team […]
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