Elon Musk is a South African-American multibillionaire businessman and entrepreneur. Over the years, his high-profile involvements in major companies such as PayPal, SpaceX, and Tesla have seen him accrue a large amount of wealth, consistently ranking him among the wealthiest people in the world, if not the absolute richest overall. As of December 2024, Forbes estimated his net worth at nearly $430 billion, making him the wealthiest person on Earth, having a worth on par with the 2nd and 3rd richest people on the list – Jeff Bezos and Larry Ellison – combined.
In 2022, Musk fully acquired the social media platform Twitter, which he has since renamed X. His acquisition and running of X have sparked both praise and criticism by commentators.
Musk has also been seen as an increasingly divisive figure in recent years over his business decisions and expressed views regarding gender, politics, COVID-19, free speech, and more, with some describing him as a free speech advocate and others accusing him of aiding problematic far-Right voices.
Alongside Vivek Ramaswamy, Musk is currently set to head a new department in the US government known as the Department of Governmental Efficiency (DOGE).
Musk's SpaceX leads $13.5 billion Space Force contract race with $5.9B in awarded missions.
Musk said the merger will 'unlock immense potential by blending xAI's advanced AI capability with X's massive reach.'
Elon Musk is set to step down from his government role, according to Politico, citing sources close to Trump.
People have vandalized Tesla dealerships, as well as some individual Teslas, in protest of CEO Elon Musk’s work in the Trump administration.
Sources with knowledge of the layoffs said that the mass firings were the "closing out" of the federal aid agency.
The Trump administration launches a 10,000-job cut plan with FDA and CDC layoffs.
"Russia can offer a small-sized nuclear power plant for a mission to Mars and other advanced technological capabilities," the state RIA news agency cited the envoy as saying.
Musk’s $33B merger of xAI and X signals a deeper AI-social media integration.
The Jewish Federation of Greater Washington is allocating $180,000 to assist laid-off federal workers following funding cuts under the Trump administration.
Meta announced it will begin testing a new Community Notes tool on Facebook, Instagram, and Threads in the U.S., allowing users to add and rank notes that provide additional context to content.
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