Page 38 - Elon Musk

President Trump directs federal job cuts as Musk defends downsizing

Agencies will be permitted to hire no more than one employee for every four workers leaving the government, the document said

Elon Musk's bid to control OpenAI complicates for-profit transition

Musk, who has since launched a rival AI firm, has fired off angry posts about Altman on his social media platform, filed two lawsuits against the company for straying from its founding principles

Starlink got $1 mn from USAID over 4 yrs, now Musk is shutting it down

US President Donald Trump has frozen billions in international aid, leaving USAID-funded projects, including Starlink deployments, in limbo

'Swindler, Scam Altman': Musk hits back after OpenAI buyout rejection

A consortium of investors, led by Elon Musk, had made an unsolicited bid of $97.4 billion to purchase the non-profit overseeing OpenAI

Why Kanye West's social posts led to his X account deletion by Elon Musk

Kanye West's X account was deleted after a series of controversial posts, including anti-Semitic remarks and explicit content. Elon Musk confirmed the account was removed due to NSFW content

Judge set to rule on Justice dept's demand for Musk's access to Treasury

A federal judge is likely to quickly decide whether to grant Justice Department demands that Elon Musk's Department of Government Efficiency be allowed to immediately resume accessing Treasury Department records containing personal data for millions of Americans. Judge Jeannette A Vargas had ordered lawyers to meet and confer over any changes needed to an order issued early Saturday by another Manhattan judge that banned Musk's team from accessing the records and to file written arguments if an agreement was not reached. If unchanged, the order will remain in effect until a Friday hearing. Lawyers resumed filing their arguments late Monday, leaving it to the judge to rule on the federal government's request that access to the records be immediately restored on the grounds that it was unconstitutional to block Musk's work. Vargas required both sides to complete submissions in time for her to rule as early as Tuesday. On Friday, 19 Democratic attorneys general, including New York ...

Morgan Stanley sets $3 billion X loan to tap into Elon Musk mania

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of Twitter Inc., as the site was then called

Labour unions sue to block DOGE access to private info at US agencies

A coalition of labor unions filed a lawsuit Monday asking a federal court to stop Elon Musk's team from accessing private data at the Education Department, the Treasury Department and the Office of Personnel Management. The suit, led by the American Federation of Teachers, alleges the Trump administration violated federal privacy laws when it gave Musk's Department of Government Efficiency access to systems with personal information on tens of millions of Americans without their consent. It was filed in federal court in Maryland. It's the latest in a flurry of legal challenges to Musk's growing influence over federal agencies he has promised to slash or dismantle. A federal judge in New York blocked Musk's team from a Treasury Department system on Saturday after 19 Democratic attorneys general sued over privacy concerns. Also Monday, DOGE cut about $900 million in Education Department contracts after concluding they were a waste of taxpayer money, a department spokesperson said. The

Musk-led group proposes to buy OpenAI for $97.4 bn; Altman says 'no'

A group of investors led by Elon Musk is offering about $97.4 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found. Musk and his own AI startup, xAI, and a consortium of investment firms want to take control of the ChatGPT maker and revert it to its original charitable mission as a nonprofit research lab, according to Musk's attorney Marc Toberoff. OpenAI CEO Sam Altman quickly rejected the deal on Musk's social platform X, saying, no thank you but we will buy Twitter for $9.74 billion if you want. Musk bought Twitter, now called X, for $44 billion in 2022. Musk and Altman, who together helped start OpenAI in 2015 and later competed over who should lead it, have been in a long-running feud over the startup's direction since Musk resigned from its board in 2018. Musk, an early OpenAI investor and board member, sued the artificial intelligence company last year, first in a California state court and later in federal court,

Tesla robotaxis by June? Musk turns to Texas for hands-off regulation

Such comments often leave investors guessing what Tesla will actually deliver, and when, said Brian Mulberry, client portfolio manager at Zacks Investment Management, a Tesla investor

Trump suggests potential fraud behind US debt lower than expected

Trump has tasked Elon Musk with an ambitious overhaul of the federal government, sparking street protests in Washington and accusations that the Trump administration is breaking the law

Who is Aravind Srinivas, CEO who challenged Elon Musk over USAID funding

Aravind Srinivas recently challenged Elon Musk to stop him from raising $500 billion from USAID. The post comes amid calls to shut down the federal agency

British MP slams Bengali signage at London station, Elon Musk backs stance

Rupert Lowe, MP for Great Yarmouth and a member of Reform UK, shared a photograph of the sign featuring both English and Bengali on his official X account

Donald Trump's early presidency receives positive marks, shows CBS poll

A new CBS poll shows President Trump's early term is receiving positive feedback for his immigration policies, but inflation and rising prices remain a significant concern for many Americans

Trump suggests Musk's DOGE found irregularities in effort at Treasury

Musk's DOGE has sought access to Treasury Department payments data, but Musk's statements on social media have largely concerned payments to contractors and grant recipients, not bondholders

Vance, Musk question authority of courts as Trump's agenda faces pushback

Top Trump administration officials are openly questioning the judiciary's authority to serve as a check on executive power as the new president's sweeping agenda faces growing pushback from the courts. Over the past 24 hours, officials ranging from billionaire Elon Musk to Vice President JD Vance have not only criticized a federal judge's decision early Saturday that blocks Musk's Department of Government Efficiency from accessing Treasury Department records, but have also attacked the legitimacy of judicial oversight, a fundamental pillar of American democracy, which is based on the separation of powers. If a judge tried to tell a general how to conduct a military operation, that would be illegal. If a judge tried to command the attorney general in how to use her discretion as a prosecutor, that's also illegal. Judges aren't allowed to control the executive's legitimate power, Vance wrote on X on Sunday morning. That post came hours after Musk said overnight that the judge who rule

Elon Musk dodges DOGE scrutiny while expanding his power in Washington

Elon Musk made a clear promise after Donald Trump decided to put him in charge of making the government more efficient. It's not going to be some sort of backroom secret thing, Musk said last year. It will be as transparent as possible," maybe even streamed live online. It hasn't worked out that way so far. In the three weeks since the Republican president has been back in the White House, Musk has rapidly burrowed deep into federal agencies while avoiding public scrutiny of his work. He has not answered questions from journalists or attended any hearings with lawmakers. Staff members for his so-called Department of Government Efficiency, or DOGE, have sidelined career officials around Washington. It is a profound challenge not only to business-as-usual within the federal government, which Trump campaigned on disrupting, but to concepts of consensus and transparency that are foundational in a democratic system. Musk describes himself as White House tech support, and he has embedd

Sonam Kapoor's brother-in-law under lens over $750K USAID funding to NGO

The USAID grant, awarded in 2020, was given to the Good Business Lab, co-founded by Ahuja, the brother of Kapoor's husband, Anand Ahuja

Time features Musk at Oval Office desk, Trump mocks magazine's relevance

The cover showcases Elon Musk holding a coffee cup while seated at the presidential desk, with the American and presidential flags positioned in the background

Don't use TikTok personally, not interested in buying its US biz, says Musk

He made the comments - his first on the topic of him buying TikTok - at a conference in Germany hosted by Mathias Doepfner