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Musk's Ventures Gain Momentum with U S Government Support and Contracts

Elon Musk's companies have seen significant benefits under the Trump administration, including reduced regulatory scrutiny and lucrative government contracts, particularly for SpaceX and xAI. Despite facing backlash and declining Tesla sales, Musk's net worth has surged, with his ventures gaining international traction, such as Starlink's expansion in Saudi Arabia. However, challenges remain, including tariffs and public disapproval, which have impacted Tesla's brand reputation.
Forbes
USA SAU ZAF Donald Trump Sean Duffy Cyril Ramaphosa Phyllis Fong Elon Musk Lauren McFerran Marco Rubio Show more
Technology & Innovation, News Article
12:30 24.05.2025

musk's regulatory challenges diminish under trump's second administration

Elon Musk continues to hold his roles at Tesla and SpaceX while serving as a temporary federal employee, raising concerns about potential conflicts of interest. Investigations into Musk's companies could lead to over $2.37 billion in liabilities, with fears that many cases may fade away without resolution. The SEC has sued Musk for failing to disclose his Twitter stock purchases, and ongoing political maneuvers may impact various regulatory bodies overseeing his businesses.
NBC News
USA Karoline Leavitt Donald Trump Tom Molineaux Harmeet Dhillon Phyllis Fong Cary Coglianese Elon Musk Show more
Regulatory & Legal, News Article
15:00 11.05.2025
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