Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up

Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]

We Should ‘Come After Elon Musk’ He ‘Made His Fortune Off of Taxpayers’

On Thursday's MSNBC broadcast of “The Katie Tarr Report,” Sen. Chris Murphy (D-Conn.) questioned the effectiveness of the Department of Government Efficiency, saying Elon Musk “basically uses government subsidies to “We have built wealth,” he said, adding that the Democratic Party “should come.” Insurance companies and big defense companies both make huge profits from the […]

Ernst, Elon, Vivek Target Federal Waste, Telework Abuses in 1st DOGE Caucus

A year-long investigation by Republican Sen. Joni Ernst of Iowa found that federal bureaucrats are costing taxpayers billions of dollars while avoiding their responsibilities in office, including: It has been revealed that this includes reports of staff working from home attending meetings while “relaxing on the beach” and “relaxing in bubble baths”. The first Senate […]

Elon Musk hints at how the DOGE will dismantle massive federal workforce

Tech billionaire Elon Musk reacted to a report showing how many federal employees are actually reporting to work and hinted at actions DOGE may take to reduce the federal budget. . report Found About one-third of federal employees work remotely full-time, while only about 6% of federal employees work in-person on a “full-time basis.” It […]

What Elon Musk Has Said About Social Security – Newsweek

As Elon Musk prepares for his first unofficial role in President-elect Donald Trump's administration, his position on Social Security benefits is under scrutiny. As the nation's largest entitlement program, Social Security provides benefits to more than 70 million retirees, survivors, and people with disabilities each month. However, with a change of government on the horizon, […]

Delaware Judge Upholds Ruling that Voids Elon Musk’s $56 Billion Tesla Pay Package

Tesla CEO Elon Musk received a record $56 billion payout in 2018 after a Delaware judge upheld a previous ruling that the compensation plan was improperly awarded. lost its bid to restore its remuneration package. CNBC report In a significant setback for Tesla CEO Elon Musk, Chancellor Kathleen McCormick of the Delaware Court of Chancery […]