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Elon Musk

Elon Musk killed US congressional spending bill, made false claims

President-elect Donald Trump's billionaire ally Elon Musk played a key role this week in killing a bipartisan funding proposal that would have prevented a government shutdown, railing against the plan in a torrent of more than 100 X posts that included multiple false claims. The X owner, an unelected figure, not only used his outsize influence on the platform to help sway Congress, he did so without regard for the facts and gave a preview of the role he could play in government over the next four years. Trump has got himself a handful with Musk, John Mark Hansen, a professor of political science at the University of Chicago, said in an email. Trump's done this kind of thing before, blowing up a bill at the last minute. This time, though, it looks like he was afraid of Musk upstaging him. Now there's a new social media bully in town, pushing the champion social media bully around. Hansen added: We'll see what Musk's influence is when he runs up against reality like when he proposes

Elon Musk killed US congressional spending bill, made false claims
Updated On : 21 Dec 2024 | 12:16 PM IST

US Congress approves funding bill hours before govt shutdown deadline

Hours to go before a midnight government shutdown, the House approved a new plan late Friday from Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but drops President-elect Donald Trump's demands for a debt limit increase into the new year. Johnson insisted Congress would "meet our obligations" and not allow federal operations to shutter ahead of the Christmas holiday season. But the day's outcome was uncertain after Trump doubled down on his insistence that a debt ceiling increase be included in any deal -- if not, he said in an early morning post, let the closures "start now". The bill was approved 366-34, and now goes to the Senate, for expected quick passage. "We are excited about this outcome," Johnson said afterward, adding he had spoken with Trump and the president-elect "was certainly happy about this outcome, as well". It was the third attempt from Johnson, the beleaguered House speaker, to achieve one of the basic requirements of the .

US Congress approves funding bill hours before govt shutdown deadline
Updated On : 21 Dec 2024 | 6:53 AM IST

Here's a list of tech leaders joining Trump's new Silicon Valley entourage

There's a larger coterie of tech world Trump supporters who are now working with the incoming administration

Here's a list of tech leaders joining Trump's new Silicon Valley entourage
Updated On : 20 Dec 2024 | 8:23 AM IST

'Nasty trap': Trump and Musk oppose stopgap bill, US govt shutdown looms

The stopgap spending measure, designed to extend government funding until March 14, met resistance from President-elect Donald Trump and Elon Musk

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Updated On : 19 Dec 2024 | 2:55 PM IST

Donald Trump attempts to kill bipartisan budget deal with Musk's help

President-elect Donald Trump delivered a likely death blow to bipartisan congressional budget negotiations on Wednesday, rejecting the measure as full of giveaways to Democrats as billionaire ally Elon Musk whipped up outrage toward the bill and cheered on Republican lawmakers who announced their opposition. Trump's joint statement with Vice President-elect JD Vance, which stopped the bill in its tracks, punctuated a daylong torrent of social media posts by Musk attacking the budget legislation as full of excessive spending. "Kill the Bill!" Musk wrote on his social media platform X as he dangled primary challenges against anyone who voted for the budget deal, a threat Trump later echoed in a post of his own. The episode showcased the growing political influence of Musk, whom Trump has selected alongside entrepreneur Vivek Ramaswamy to spearhead the Department of Government Efficiency, a nongovernmental task force formed to find ways to fire federal workers, cut programmes and slash

Donald Trump attempts to kill bipartisan budget deal with Musk's help
Updated On : 19 Dec 2024 | 8:24 AM IST

Donald Trump, Elon Musk threaten govt shutdown; here's what that costs

Trump also rejected the interim spending package House Speaker Mike Johnson negotiated to keep the government operating beyond a Friday lapse

Donald Trump, Elon Musk threaten govt shutdown; here's what that costs
Updated On : 19 Dec 2024 | 8:17 AM IST

Donald Trump opposes stopgap funding, warns GOP on debt ceiling demand

Donald Trump on Wednesday - just days before federal funding is set to expire - said he wanted lawmakers to include an increase to the debt ceiling in the package

Donald Trump opposes stopgap funding, warns GOP on debt ceiling demand
Updated On : 19 Dec 2024 | 7:53 AM IST

Elon Musk taps Trump's ex-aide, tech execs for staffing DOGE initiative

Steve Davis, president of Boring Co., Musk's tunneling operation, and Michael Kratsios, former US chief technology officer, are among those leading interviews of potential candidates

Elon Musk taps Trump's ex-aide, tech execs for staffing DOGE initiative
Updated On : 19 Dec 2024 | 7:45 AM IST

Senator Warren writes to Trump for conflict-of-interest rules for Elon Musk

Musk has time and again advocated for Donald Trump and advised him on government formation and taking a lead role in a new effort to cut federal spending

Senator Warren writes to Trump for conflict-of-interest rules for Elon Musk
Updated On : 18 Dec 2024 | 12:50 PM IST

Elon Musk, Trump are viewed roughly same by Americans: AP-NORC poll

Elon Musk, clad in tuxedo and black tie, took the stage at President-elect Donald Trump's Mar-a-Lago resort shortly after the election with all the swagger of the winning candidate himself. The public has given us a mandate that could not be more clear, the clearest mandate. The people have spoken. The people want change," Musk told the audience of Trump's biggest donors, campaign leaders and appointment seekers. We are going to shake things up. It's going to be a revolution. Musk's attachment to Trump has created an alliance between America's most powerful politician and its richest businessman and roughly the same percentages of Americans have favourable views of each, according to a new poll from the AP-NORC Center for Public Affairs Research. Experts are split on whether that overlap in public opinion is a good or bad thing for Musk's businesses or for Trump's politics. But it could have far-reaching effects in both realms. Musk, whose net worth tops $400 billion, oversees six

Elon Musk, Trump are viewed roughly same by Americans: AP-NORC poll
Updated On : 18 Dec 2024 | 12:06 PM IST

Elon Musk, SpaceX face federal scrutiny for lax national security reporting

Elon Musk is required to disclose details about his private life, foreign travel, and other personal activities under the continuous vetting process required for security clearance at SpaceX

Elon Musk, SpaceX face federal scrutiny for lax national security reporting
Updated On : 18 Dec 2024 | 10:54 AM IST

Musk denies claims of illegal use of Starlink devices in crisis-hit Manipur

Starlink, known for offering satellite internet services, does not hold a license to operate in India

Musk denies claims of illegal use of Starlink devices in crisis-hit Manipur
Updated On : 18 Dec 2024 | 10:42 AM IST

Security forces in Manipur recover Starlink-like device from Imphal-East

Security forces in Manipur are understood to have recovered a Starlink-like internet device, along with sniper rifles, pistols, grenades and other weapons from the Imphal East district, people familiar with the matter said on Tuesday. The recovery of the Starlink-like device has prompted relevant agencies to investigate how the equipment found its way to the strife-torn state, they said. Starlink does not have a license to operate in India. There is no official confirmation on whether it is a genuine Starlink device, they said. It is learnt that the recovery was made during a search operation in Imphal East on December 13. In a post on 'X', the Dimapur-headquartered Spear Corps put out the photos of the items recovered in the search operation that included the internet device with the Starlink logo. It featured inscriptions of the RPF/PLA. The search operation was carried out jointly by the Indian Army and Assam Rifles in coordination with the Manipur Police in Churachandpur, Chan

Security forces in Manipur recover Starlink-like device from Imphal-East
Updated On : 18 Dec 2024 | 7:27 AM IST

Nvidia CEO Jensen Huang sees $76 bn wealth surge, trails Musk, Zuckerberg

Nvidia CEO Jensen Huang gained $76 bn in 2024, driven by Nvidia's AI dominance. With a $115 bn net worth, he ranks third in wealth growth, trailing Musk and Zuckerberg

Nvidia CEO Jensen Huang sees $76 bn wealth surge, trails Musk, Zuckerberg
Updated On : 17 Dec 2024 | 4:00 PM IST

Big Tech and Trump: Two books explore their turbulent relationship, future

Mr Musk, after spending more than $250 million on Trump's re-election, has signed on to help slash the federal budget as co-leader

Big Tech and Trump: Two books explore their turbulent relationship, future
Updated On : 15 Dec 2024 | 9:50 PM IST

Trump attends Army-Navy game alongside allies, nominees, and Daniel Penny

President-elect Donald Trump was huddling with allies and a Republican cause clbre at Saturday's Army-Navy football game, taking in one of the most storied rivalries in college sports while spotlighting his emerging national security team. Trump was joined by Vice President-elect JD Vance, embattled Pentagon pick Pete Hegseth, potential backup defense secretary option Florida Gov. Ron DeSantis, and others for the 125th matchup between service academies. Also attending was Daniel Penny, a military veteran who was acquitted of criminally negligent homicide this past week in the chokehold death of an agitated subway rider in New York. Penny was invited by Vance, who accused prosecutors of trying to ruin" Penny's life by charging the Marine veteran in the death of Jordan Neely in 2023. Trump arrived at Northwest Stadium just before kickoff and was greeted warmly by the crowd, which erupted in cheers when the president-elect, Vance and Elon Musk, who Trump has appointed to help lead a ..

Trump attends Army-Navy game alongside allies, nominees, and Daniel Penny
Updated On : 15 Dec 2024 | 9:22 AM IST

OpenAI CEO, Perplexity donate $1 mn each to Trump's inaugural fund

President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead, Sam Altman said in a statement

OpenAI CEO, Perplexity donate $1 mn each to Trump's inaugural fund
Updated On : 14 Dec 2024 | 11:34 AM IST

SEC extends deadline for Musk to respond to Twitter inquiry settlement

On Thursday, Musk tweeted a copy of a letter sent by his lawyer to the chair of the SEC saying agency staff had given him 48 hours to agree to pay a penalty or face charges

SEC extends deadline for Musk to respond to Twitter inquiry settlement
Updated On : 13 Dec 2024 | 11:10 PM IST

SEC 'reopens' investigation into Neuralink, says Elon Musk's lawyer

Musk has long sparred with SEC and last year four lawmakers asked to investigate whether Musk committed securities fraud by allegedly misleading investors about brain implant developed by Neuralink.

SEC 'reopens' investigation into Neuralink, says Elon Musk's lawyer
Updated On : 13 Dec 2024 | 10:15 PM IST

Elon Musk wants to turn SpaceX's Starbase site into a new Texas city

SpaceX is launching a new mission: making its Starbase site a new Texas city. Billionaire Elon Musk's company on Thursday sent a letter to local officials requesting an election to turn what it calls Starbase the South Texas site where SpaceX builds and launches its massive Starship rockets into an incorporated city. Residents of the area known as Starbase submitted the petition, according to the company. The area is on the southern tip of Texas at Boca Chica Beach, near the Mexican border. Earlier this year, Musk announced he was moving the headquarters of SpaceX and his social media company X from California to Texas. To continue growing the workforce necessary to rapidly develop and manufacture Starship, we need the ability to grow Starbase as a community. That is why we are requesting that Cameron County call an election to enable the incorporation of Starbase as the newest city in the Rio Grande Valley, Kathryn Lueders, the general manager of Starbase, wrote in a letter to th

Elon Musk wants to turn SpaceX's Starbase site into a new Texas city
Updated On : 13 Dec 2024 | 7:28 AM IST