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Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X).Since 2025, he has been a senior advisor to United States president Donald Trump and the de facto head of the Department of Government Efficiency (DOGE).
Elon Musk is easily the world's wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal government after placing a ...
Representative Greg Landsman described DOGE as "a way for the wealthiest person alive, who gets billions in federal money, to hack the federal government data and payment system at the expense of the American people". [13] The National Reconnaissance Office signed a contract in 2021 for $1.8 billion with Musk's SpaceX. [38]
Elon Musk in 2022. Elon Musk is the wealthiest person in the world, with an estimated net worth of US$347.7 billion as of March 6, 2025, according to the Bloomberg Billionaires Index, [1] and $347.7 billion according to Forbes, [2] primarily from his ownership stakes in Tesla, Inc., and SpaceX. [3]
Elon Musk is the world’s richest person partly due to his companies’ impressive innovations. But his wealth is also due to government contracts and programs that affected his two main ...
Musk said during a Trump rally before the election that he would identify at least $2 trillion in spending cuts, which would amount to nearly one-third of total government spending, including the ...
In 2025, Elon Musk and the Department of Government Efficiency teams gained access to large parts of the United States federal government. Thousands of United States federal government employees were laid off as a result, and many public records were modified or removed from federal websites and databases. Attempts have been made to shut down ...
A team led by Elon Musk recently gained access to America’s federal payment infrastructure — a system responsible for distributing trillions of dollars in Social Security, Medicare, federal ...