A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
Newsweek contacted Wikipedia and Elon Musk, via the Tesla and SpaceX press offices, by email on Tuesday. According to data from digital marketing platform Semrush, in November 2024 Wikipedia was the fourth-most-visited website in the world, with monthly traffic of around 6.7 billion visits.
Elon Musk reposted a critique of MacKenzie Scott for giving billions of dollars to liberal nonprofits, and said the giving concerned him.
Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission. The filing reports that each investor, of nearly 100, had to give a minimum of $77,
Democrats are largely skeptical of Elon Musk's push to ax wasteful government spending. But some in the party aren't fully dismissing the DOGE goals.
The billionaire got more of what he wanted out of the spending bill than President-elect Donald Trump did. But his role and reasoning raise a host of questions.
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
Until last week’s budget debacle, Elon Musk was a warm-up act for President-elect Donald Trump.
Musk, the owner of car manufacturer Tesla and social media platform X, has been tapped by Trump to lead the proposed Department of Government Efficiency (DOGE), with biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, after vocally supporting and financially backing his campaign for president.
The Tesla and SpaceX CEO distributed more than $200 million, more than half of which went to just one unproven nonprofit.
“A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated. By Kate Conger The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 ...