The billionaire businessman has racked up some wins, and a few losses, since becoming a major MAGA power player.
Elon Musk rejects economic scarcity ideology, suggesting that there is basically "infinite potential" for creating jobs and businesses.
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
Appearing on CNN, former White House official Anthony Scaramucci said Elon Musk was in a "perilous situation" with President-elect Donald Trump after some commentators began suggesting that the tech billionaire was the real incoming president.
Musk, the owner of car manufacturer Tesla and social media platform X, has been tapped by Trump to lead the proposed Department of Government Efficiency (DOGE), with biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, after vocally supporting and financially backing his campaign for president.
Elon Musk reposted a critique of MacKenzie Scott for giving billions of dollars to liberal nonprofits and said the giving concerned him.
The GOP House Speaker referenced speculation about his future and the outsized influence Musk appeared to wield this week.
A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
When the billionaire called Rep. Rosa DeLauro an "awful creature," it was a problem. When Elon Musk called for her expulsion, it made the problem worse.
Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding round.
The world’s richest man has become a new kind of oligarch.