Musk's Tesla hits $1T market cap after Trump win
Tesla stock continued its massive rally on Friday, pushing the electric vehicle (EV) maker's market cap to more than $1 trillion. The company's stock was up 7% as of midday Friday. Tesla stock has risen nearly 26% since the market closed on Election Day. The company joins a small group of companies that have crossed […]
Musk's big bet
Welcome to The Hill's Technology Newsletter {beacon} technology technology Full text Top technology leaders celebrate President Trump's victory Leaders of the world's largest technology companies congratulated President-elect Donald Trump on Wednesday for securing a second term in office. Despite President Trump's rocky relationship with tech leaders, the messages quickly poured in Wednesday morning. Amazon […]
'A star is born:' Elon Musk's big bet on Trump pays off
Tesla and SpaceX billionaire Elon Musk's huge bet on President-elect Trump has paid off as he looks to form an administration that will strengthen his companies and his political power. It seems so. As of early Wednesday morning, Trump was expected to defeat Vice President Harris head-on in the Electoral College, win the popular vote […]
What a Trump win could mean for Elon Musk's businesses
Elon Musk is wearing multiple hats this election season, raising questions about how his dual role as a tech leader and former President Trump's spokesperson could lead to conflicts of interest. There is. Musk, the owner of Tesla and SpaceX, has government contracts worth billions of dollars with more than a dozen federal agencies. The […]
Legality of Musk's $1M offer ‘questionable’: Fmr. Pennsylvania AG
(news nation) — Tech billionaire Elon Musk announced plans to donate $1 million a day to voters who sign his political action committee's petition supporting the Constitution. America PAC's petition supports the First Amendment, which protects free speech, and the Second Amendment, which guarantees the right to “keep and bear arms.” Among other things, you […]
Michigan secretary of state pushes back against Musk's voter registration claims
Michigan Secretary of State Jocelyn Benson (D) and tech billionaire Elon Musk engaged in a multi-day exchange on social platform X over voter registration in the Wolverine State. On Saturday, Musk responded: post Social platform X claims that Michigan still has “100,000 more registered voters than eligible citizens.” “Michigan has more registered voters than voters!?” […]
Buttigieg dismisses Musk's Helene federal response claims
Transportation Secretary Pete Buttigieg on Friday criticized tech giant Elon Musk for falsely claiming the federal government was blocking delivery flights to Hurricane Helen victims. Musk posted a screenshot of a conversation with someone who said airspace was “closed” and the Federal Aviation Administration (FAA) was “curtailing flights.” “The level of incompetence of this belligerent […]
Mars quest: President Trump and Elon Musk's grand vision
In September 1962, John F. Kennedy famously told the American people, “We choose to go to the moon.” Recently, former President Donald Trump reflected this sentiment “Elon, we want to go to Mars, so please move the rocket ship.” President Trump has often talked about reaching Mars. We believe his new venture is a continuation […]
Cards Against Humanity game sues Musk's SpaceX for trespassing
Cards Against Humanity (CAH) is suing Elon Musk's SpaceX for $15 million for leaving construction equipment on a spacecraft and damaging property. CAH land in Texas. ComplaintsThe complaint, filed Thursday evening in Cameron County District Court, details the original condition of the land along the U.S.-Mexico border that CAH has worked to keep in a […]
White House calls out Musk's Harris assassination 'joke' as 'irresponsible'
In a statement on Monday, the White House called a now-deleted “joke” by Elon Musk, in which he questioned why “no one has even tried” to assassinate Vice President Harris, “irresponsible.” White House press secretary Andrew Bates said, “As President Biden and Vice President Harris stated after yesterday's alarming news, 'political violence, or any violence, […]