Elon Musk
Trade deadlines and oil drama set the stage for a crunch week in global markets
Flags of the European Union and the United States. Sean Gallup | Getty Images News | Getty Images CNBC’s assignment desk has a conundrum this week: how to approach July, 9. Why does this specific date matter? It’s the deadline for trade negotiations between the U.S. and European Union before the tariffs axe (maybe) falls […]
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Elon Musk says he has formed a new U.S. political party, the ‘America Party’
Elon Musk applaudes in the Oval Office as he attends a press conference with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk said Saturday that he has formed a new political party, the “America Party,” which he claims will give Americans “back […]
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Inside a Utah desert facility preparing humans for life on Mars
Hidden among the majestic canyons of the Utah desert, about 7 miles from the nearest town, is a small research facility meant to prepare humans for life on Mars. The Mars Society, a nonprofit organization that runs the Mars Desert Research Station, or MDRS, invited CNBC to shadow one of its analog crews on a […]
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Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Tesla CEO Elon Musk, who bombarded President Donald Trump’s signature spending bill for weeks, on Friday made his first comments since the legislation […]
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Musk’s xAI scores permit for gas-burning turbines to power Grok supercomputer in Memphis
The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. Jonathan Raa | Nurphoto | Getty Images Elon Musk’s xAI attained an official permit to power its supercomputer facility in Memphis, Tennessee, using natural gas-burning turbines, according to public records shared by the […]
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Elon Musk’s X is down for some users
The X logo appears on a phone, and the xAI logo is displayed on a laptop in Krakow, Poland, on April 1, 2025. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Elon Musk’s social media platform X was hit with an outage on Wednesday, leaving some users unable to load […]
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Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
Tesla Model Y electric vehicles are collected from the Tesla Gigafactory Berlin-Brandenburg by a car transporter. Patrick Pleul | Picture Alliance | Getty Images Tesla reported over 384,000 vehicle deliveries in the second quarter, a 14% decline from a year ago, and the second straight quarterly drop. Shares rose 5%. The electric vehicle maker reported 443,956 […]
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Jeff Bezos sells $737 million worth of Amazon shares
Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Yara Nardi | Reuters Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to […]
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U.S. judge blocks Trump administration move to overhaul health agencies
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. looks on as he attends a press conference to discuss health insurance reform, at the Department of Health and Human Services in Washington, D.C., U.S., June 23, 2025. Kevin Mohatt | Reuters A federal judge on Tuesday blocked the Trump administration from moving forward […]
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Elon Musk’s xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched […]
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