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Apply a 78.7% drop to that $33 billion investment, and you see that Musk and his coinvestors are down about $26 billion. Of this, about $20.4 billion is Musk’s portion of the loss, and the other ...
[15] [153] Afterwards, Trump said on Truth Social that "When Elon Musk came to the White House asking me for help on all of his many subsidized projects, whether it's electric cars that don't drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he'd be worthless, and telling me how he was a big Trump ...
President-elect Donald Trump listens to Elon Musk as he arrives to watch SpaceX's mega rocket Starship lift off for a test flight from Starbase in Boca Chica, Texas, Tuesday, Nov. 19, 2024.
Elon Musk in 2023 Elon Musk is the wealthiest person in the world , with an estimated net worth of US$486 billion as of December 2024 [update] , according to the Bloomberg Billionaires Index , and $464 billion according to Forbes , primarily from his ownership stakes in Tesla, Inc. and SpaceX .
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, a battle that could make it all the way to the highest US court.
[45] [46] In April 2019, when Tesla was low on capital, Musk announced that Tesla would have one million robotaxis on the road by the end of 2020; a few weeks later Tesla sold stock to raise an additional $3 billion, solving its cash troubles. [45]
The bill would provide no money related to the site, and it would explicitly ban the use of any federal funds for a stadium there and require the district to pay for any costs related to the transfer.
Vivek Ramaswamy, who was tapped to lead the Department of Government Efficiency alongside Tesla CEO Elon Musk, called the Stellantis loan "illegitimate" and said it should be rescinded.