Washington, United States: Elon Musk’s rise as President Donald Trump’s all-powerful wingman was as rapid and unstoppable as one of his SpaceX rockets. But reports Wednesday are fueling speculation that the billionaire’s political career may be coming back to Earth. Politico and ABC News quoted unnamed sources saying Musk could step away from an unprecedented … Read more
Washington: A top employee of billionaire Elon Musk who is now working in the U.S. Justice Department previously bragged about hacking and distributing pirated software, according to archived copies of his former websites reviewed by Reuters. Christopher Stanley, a 33-year-old engineer who has worked at both Musk’s social media company X and space-launch company SpaceX, … Read more
Washington: US President Donald Trump’s billionaire ally Elon Musk has signalled that he is planning to step down from his cost-cutting role at the Department of Government Efficiency (DOGE) by the end of May after reducing the US deficit by $1 trillion, slimming current total federal spending levels down to about $6 trillion. Fifty-three-year-old Tesla … Read more
The world’s richest man, Elon Musk, has suffered a significant blow to his fortune. According to the Bloomberg Billionaires Index, Musk’s net worth was $330 billion on Sunday and $301 billion as of Monday evening, a 6.7% decline. In a single day, Monday, Musk’s wealth took a staggering $29 billion hit. His net worth, which peaked … Read more
US President Donald Trump’s top aides are struggling to contain disputes at the White House and across the administration following billionaire Elon Musk’s ultimatum to federal workers to list their accomplishments or lose their jobs, said three government officials familiar with the tensions. Before the weekend, the White House felt confident that coordination had been … Read more
Washington, DC: The Trump administration has finally identified the administrator of the new Department of Government Efficiency (DOGE), which has been pushing agencies to fire employees, cancel contracts and make other budget cuts. The White House on Tuesday afternoon said Amy Gleason, a former US Digital Service official, is the acting leader of billionaire Elon … Read more
President Donald Trump has completed a month of his second term in the Oval Office, but it’s billionaire Elon Musk, who has been in the spotlight like never before. In Trump 2.0, Mr Musk has emerged as one of the most influential figures, especially after the formation of the Department Of Government Efficiency (DOGE). DOGE’s … Read more
New Delhi: Days after the US Department of Government Efficiency (DOGE), led by billionaire Elon Musk, scrapped a $21 million grant intended to boost “voter turnout” in India, President Donald Trump defended the move and questioned why US taxpayers’ money was used for this initiative. “Why are we giving $21 million to India? They got … Read more
Washington: Elon Musk’s role in the Trump administration has been a topic of interest, with the billionaire designated to oversee Department of Government Efficiency (DOGE). However, according to a recent court filing, Musk does not have decision-making authority and is not an employee of the DOGE. This clarification was made by Joshua Fisher, director of … Read more
Washington DC: In its bit to save US taxpayers’ money, the Donald Trump administration’s cost-cutting team–Department of Government Efficiency (DOGE)– has cancelled a slew of overseas projects, including one in Bangladesh that raised several eyebrows. The billionaire Elon Musk-led department said it is cancelling $29 million funding intended for “strengthening the political landscape in Bangladesh”. … Read more
Washington, United States: Young engineers deployed across the US government as part of Elon Musk’s Department of Government Efficiency have triggered alarm throughout Washington’s security establishment. Never before has a group of unvetted and inexperienced outsiders gained such access to the nerve center of the US government, according to security experts. The campaign, led by … Read more
Washington DC: US President Donald Trump’s tech billionaire ally Elon Musk denied leading a “hostile takeover” of the American government during his surprise first appearance at the White House on Tuesday. Defending his cost-cutting plans, Mr Musk said the United States would go “bankrupt” without a budget slash. The South African-born billionaire, who has been … Read more