January 12, 2026 10:01 AM

Trump says he will talk to Musk about restoring internet in Iran

U.S. President Donald Trump said on Sunday he plans to speak with billionaire Elon Musk about restoring internet in Iran, where authorities have blacked out services for four days amid ongoing anti-government protests. "He's very good at that kind of thing, he's got a very good company," Trump told reporters in response to a question about whether he would engage with Musk's SpaceX company, which offers a satellite internet service called Starlink that has been used in Iran. Musk and SpaceX di...

October 2, 2025 8:53 AM

Musk becomes first person to hit $500 billion net worth, Forbes list shows

Tesla CEO Elon Musk on Wednesday became the first person ever to achieve a net worth of nearly $500 billion, propelled by a rebound in the EV company's shares and surging valuations of the tech entrepreneur's other startups this year. His net worth stood at $500.1 billion as of 4:15 p.m. E.T., according to Forbes' billionaires index. Musk's fortunes are tied closely to Tesla, where he held a more than 12.4% stake as of September 15. The stock has risen more than 14% so far this year and closed...

August 27, 2025 1:15 PM

Musk’s lawyers try to stop OpenAI obtaining bid documents from Meta, filing shows

Lawyers for Elon Musk have asked a U.S. judge to block ChatGPT-owner OpenAI from obtaining documents from Meta Platforms related to a previous $97.4 billion bid for OpenAI's assets, a court filing showed. OpenAI said last week Musk had tried to enlist his rival Mark Zuckerberg in his bid for the AI company earlier this year, but that the Meta boss did not come on board. OpenAI then requested the judge to order Meta to produce documents and communications related to any bid for the company. Met...

July 26, 2025 4:47 PM

Musk ordered shutdown of Starlink satellite service as Ukraine retook territory from Russia

During a pivotal push by Ukraine to retake territory from Russia in late September 2022, Elon Musk gave an order that disrupted the counteroffensive and dented Kyiv’s trust in Starlink, the satellite internet service the billionaire provided early in the war to help Ukraine’s military maintain battlefield connectivity. According to three people familiar with the command, Musk told a senior engineer at the California offices of SpaceX, the Musk venture that controls Starlink, to cut coverage...

May 30, 2025 9:31 AM

Without Musk, DOGE likely to fizzle out, says ex-staffer

Without billionaire Elon Musk in the Trump administration, his cost-cutting Department of Government Efficiency project is likely to sputter out, a former DOGE staffer said in his first interview since leaving the team. Tesla CEO Musk announced on Wednesday evening that he was ending his time as a special government employee but vowed that DOGE would continue without him. Administration media representatives also said in statements to Reuters that DOGE would continue its work. DOGE has oversee...

May 23, 2025 5:17 PM

Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns

Billionaire Elon Musk’s DOGE team is expanding use of his artificial intelligence chatbot Grok in the U.S. federal government to analyze data, said three people familiar with the matter, potentially violating conflict-of-interest laws and putting at risk sensitive information on millions of Americans. Such use of Grok could reinforce concerns among privacy advocates and others that Musk's Department of Government Efficiency team appears to be casting aside long-established protections over th...

April 6, 2025 8:59 AM

Massive protests erupt across U.S. against Trump and Musk’s government overhaul

Thousands of protesters gathered in Washington, D.C., and across the U.S. on Saturday, part of some 1,200 demonstrations that were expected to form the largest single day of protest against President Donald Trump and his billionaire ally Elon Musk since they launched a rapid-fire effort to overhaul government and expand presidential authority. People streamed onto the expanse of grass surrounding the Washington Monument under gloomy skies and light rain. Organizers told Reuters that more than 2...

March 11, 2025 10:46 AM

US judge says Musk’s DOGE must release records on operations run in ‘secrecy’

A federal judge on Monday ordered the government-downsizing team created by U.S. President Donald Trump and spearheaded by billionaire Elon Musk to make public records concerning its operations, which he said had been run in "unusual secrecy." U.S. District Judge Christopher Cooper in Washington sided with the government watchdog group Citizens for Responsibility and Ethics in finding that the Department of Government Efficiency (DOGE) was likely an agency subject to the Freedom of Information ...

February 27, 2025 9:48 AM

Trump orders more layoffs, Musk touts cuts at cabinet meeting

U.S. President Donald Trump's administration on Wednesday ordered federal agencies to undertake more large-scale layoffs of workers, while the president let downsizing czar Elon Musktake a star role at his first cabinet meeting and discuss his ambitious budget-cutting targets. A new memo instructed agencies to submit plans by March 13 for a "significant reduction" in staffing to a federal workforce already reeling from waves of layoffs and program cuts by Musk's so-called Department of Governme...

February 19, 2025 9:29 AM

Trump, Musk target tax enforcers, rocket scientists, bank regulators for job cuts

President Donald Trump's administration targeted on Tuesday bank regulators, rocket scientists and tax enforcers for dismissal, as a federal judge gave the green light for its unprecedented remaking of the U.S. civil service, at least for now. With Trump's blessing and praise, tech billionaire Elon Musk's Department of Government Efficiency, or DOGE, has swept through federal agencies slashing thousands of jobs since Trump became president last month and put Musk, his biggest campaign donor...