While DOGE inflates its monetary impact, Tesla heads for a crash. And Twitter has lost most of its value. Is Musk just bad at business?
Elon Musk's Department of Government Efficiency is running a playbook that is strikingly similar to his takeover of X, formerly Twitter, in San Francisco.
Responding to the news about the petition, shared by a Twitter user, Elon Musk wrote: “Canada is not a real country.” Tesla CEO Elon Musk, however, later deleted the post. It is not certain why he deleted the post, considering he has been quite vocal ...
Elon Musk's SpaceX Starship rocket exploded shortly after taking off in Texas, resulting in the grounding of flights in Florida.
When Musk took over Twitter, he launched a payroll audit to root out dead workers getting paid. Now, Musk is launching the same campaign across the federal government.
In June of 2023, Musk named former NBC big-wig Linda Yaccarino as CEO of X and later, in November 2024, made another big hire when he tapped Mahmoud Reza Banki, who spent six years as CFO and chief strategy officer for streaming platform Tubi, to be X’s CFO.
The Senate has stripped the Consumer Financial Protection Bureau’s power to monitor digital payment offerings. That could clear the way for Elon Musk's Twitter/X to broaden its payments plan. The proposal still needs to pass the House, but two senators are calling for an ethics investigation into Musk’s role in the change.
Mr. Musk uses online slang to marshal his 200 million social media followers in support of his efforts to gut the federal government. But he might be reaching his limits.