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Elon Musk’s plan to cut as much as $2 trillion in federal spending will be harder than it sounds. Geoff Colvin. January 21, 2025 at 2:00 AM. Elon Musk has a new job doing something he knows a ...
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 ...
Tesla CEO Elon Musk had previously penciled in a target of $2 trillion for his government efficiency department DOGE—now it seems the goal may be too lofty.. Now that Elon Musk is getting into ...
Musk and his sidekick, entrepreneur Vivek Ramaswamy, say they want to cut at least $1 trillion per year in federal spending through recommendations due no later than July 5, 2026, and just in time ...
Elon Musk in 2023 Elon Musk is the wealthiest person in the world , with an estimated net worth of US$436 billion as of January 2025 [update] , according to the Bloomberg Billionaires Index , and $426 billion according to Forbes , primarily from his ownership stakes in Tesla, Inc. and SpaceX .
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. Since January 2025, he is serving as Administrator of the Department of Government Efficiency , under the second Donald Trump presidential ...
In November, Elon Musk fired off a post on X placing all of the blame for excess government spending on inflation. He also referred to all government spending as taxation. While income taxes are ...
A month later, Musk invested about $12 million into co-founding X.com in March 1999 with Harris Fricker, Christopher Payne, and Ed Ho. [5] [6] Fricker worked with Musk when Musk was an intern at the Bank of Nova Scotia, Payne was a friend of Fricker, and Ho was an engineer at Silicon Graphics and executive at Zip2. [7]