How Elon Musk got around disclosing his finances to the public
The billionaire is wielding immense authority over federal agencies, but unlike cabinet members, doesn’t have to publicly disclose his investments or potential conflicts.
The billionaire is wielding immense authority over federal agencies, but unlike cabinet members, doesn’t have to publicly disclose his investments or potential conflicts.
Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.
Earnings were weaker than expected, the near-term outlook is murky, EV sales are down, and Elon Musk is more distracted than ever before. But with a phalanx of loyal shareholders and a cowed board he’s not going anywhere.
Here are the 10 richest people on Earth as of November 1, 2024 at 12 a.m. Eastern time, according to Forbes.
Musk has been under scrutiny after making a hand gesture resembling a Nazi salute at a Trump inauguration event earlier the week.
Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
The Department of Government Efficiency, or DOGE, now faces a lawsuit alleging the panel is not following requirements for advisory committees.
Donald Trump was sworn in as president at noon Monday in a Capitol Rotunda full of high-profile guests.
Arnault is the world’s fifth wealthiest person while Ambani is the eighteenth richest.