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The Latest Breaking News from Elon Musk

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math

SpaceX president Gwynne Shotwell announced that she and her husband will be donating company stock to the Trump Accounts of more than 2 million American children. The announcement comes days after Trump said in an interview with CNBC that he expects Elon Musk to donate SpaceX stock to the program.…

The Times of India

'Outrageous': Senator Slams Elon Musk for Paying Same Social Security Tax as an 'Electrician'

US Senator Patty Murray has accused Elon Musk of paying the same Social Security tax as a $185,000‑a‑year electrician, reigniting a fierce debate over how America taxes its first trillionaire.

International Business Times UK

Not just Elon Musk, retail investors are losing money in Tesla and SpaceX crash. What should you do?

The sharp correction in Tesla and SpaceX has dented retail investors' portfolios, including those of Indians investing in US stocks. Experts say the selloff reflects a broader repricing of AI-linked stocks and advise investors to review portfolio allocation, risk appetite and investment horizon instead of reacting to short-term volatility.

The Economic Times

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DOGE Officially Shuts Down After Reaching Trump-Set July 4 Deadline

The Department of Government Efficiency (DOGE) announced in a post on X over the weekend that its formal mission had ended after the temporary agency reached the sunset date established by President Donald Trump‘s executive order. The announcement came after the U.S. DOGE Service Temporary Organization reached its scheduled termination…

Benzinga

AI altering meaning of users’ drafts on issues from abortion to climate, study finds

Researchers say small changes in drafting could spread rapidly and create long-term shifts in public opinion

The Guardian - UK

Elon Musk Says Space Is 'the Only Way to Scale at Scale' for AI Computing Amid Earthbound Bottlenecks

Elon Musk on Sunday emphasized the need for orbital infrastructure to prevent artificial intelligence (AI) computing from being held up by Earth’s limits and regulatory bottlenecks.

Benzinga

US Tech Sector Pushes Back Against UK’s Child Safety Social Media Regulations

Britain’s plan to bar under‑16s from major social platforms has opened a new front in its increasingly strained relationship with Washington and the US tech sector.

Benzinga

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Michael Burry Rejects Claims He Was Wrong on Nvidia, Tesla and Housing Bets

The ‘Big Short’ Investor Michael Burry on Sunday disputed claims that several of his past market calls, including ones on Nvidia Corp. (NASDAQ:NVDA), Tesla Inc. (NASDAQ:TSLA) and another U.S. housing market crash, had proved wrong after an X account challenged his investing record.

Benzinga

Gary Black Says Tesla's Q2 Delivery Beat Was Fueled by Iran War-Driven Gas Price Spike, Expects TSLA to Rebound Ahead of Earnings

Investor Gary Black of The Future Fund LLC has reiterated that Tesla Inc.‘s (NASDAQ:TSLA) second-quarter 2026 delivery beat came due to elevated gas prices amid the war in Iran.

Benzinga

Elon Musk Slammed for Paying the Same Social Security 'Taxes' as an Electrician, Ross Gerber Explains Why the Outrage Isn't Valid

Sen. Patty Murray (D-WA) criticized Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk for paying the same social security taxes as an ordinary American, but investor Ross Gerber disagrees with the lawmaker’s criticism.

Benzinga

MrBeast Says America Gave Him 'Freedom' to Chase Dreams, Tim Cook Calls 'Our Country' a Testament to 'Power of Possibility' as US Celebrates 250 Years

Over the weekend, America’s 250th birthday drew patriotic tributes from some of the biggest names in technology and business, while President Donald Trump used the landmark celebration to deliver a sharply political speech warning that the nation faces a “communist menace.”

Benzinga

Elon Musk's 'Chainsaw for Bureaucracy' Just Left an $11 Billion Budget Hole as Trump Rehires Staff

Elon Musk's dramatic cost‑cutting experiment in Donald Trump's second term has ended with the shutdown of the Department of Government Efficiency and an $11 billion hole in the US budget.

International Business Times UK

This Week in Tesla: Tesla Stock Tumbles Despite Delivery Beat, New Model Y L and More

The past week brought a mixed bag of news for Tesla Inc. (NASDAQ:TSLA) and Elon Musk, as despite impressive Q2 delivery numbers, the electric vehicle giant’s stock took a hit. Here’s a recap of all the major stories:

Benzinga

Elon Musk’s DOGE quietly shuts down as agencies begin rehiring

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The Independent UK

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International Business Times UK

DOGE Initiative Shuts Down After Letting Unqualified Teenagers Rummage Through Private Sensitive American Records

Elon Musk's Department of Government Efficiency, created by Trump, ends amid legal disputes and contested savings claims, leaving a controversial legacy in federal workforce management.

International Business Times UK

SpaceX AI Phone Rumours Explained: Report Claims Investors Were Shown a Slim Prototype After Elon Musk's Denial

SpaceX has quietly shown investors a slim AI phone prototype, months after Elon Musk publicly denied any phone plans, raising fresh questions over his wider tech ambitions.

Salon

Faith beats economy for GOP

A new study finds conservative voters value religious identity over economic policy

The Independent UK

DOGE officially ended on July 4 as agencies push to hire jobs lost under Elon Musk’s cuts

Trump administration’s cost-cutting effort goes out with a whimper after upending lives of thousands of federal employees

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Benzinga

Kevin O’ Leary Says Elon Musk Has No Problem Walking Away From You Mid Conversation If He’s Bored — ‘I've Never Met Anybody Like Him’

Some people check their phone when a conversation drags. Elon Musk, according to Kevin O’Leary, may simply leave.

The Guardian - UK

Elon Musk posted twice as often on UK race and immigration as about SpaceX in IPO run-up

Guardian analysis of X feed shows how keen world’s richest person was to air his views and ‘interfere’ in British politics

Benzinga

Elizabeth Warren Says ‘Wealth Is Funneled to the Wealthy’ — Elon Musk Can Be a Trillionaire But Millions of Americans Can’t Afford to See a Doctor

Just when it seemed billionaires couldn’t get any richer, the world’s first trillionaire arrived.

Benzinga

Elon Musk Says 'Birth Rates Drop As Countries Get Wealthier' — The Economy Isn't Why U.S. Birth Rates Decline, 'Poorer’ Countries Have More Kids

If soaring home prices were the whole story behind America’s falling birth rate, the solution might be as simple as building more houses. Tesla and SpaceX CEO Elon Musk says history suggests it’s not that simple.

The Guardian - UK

The Rolling Stones: Foreign Tongues review – stomping blues and anti-Musk politics make this another late triumph

Continuing the rejuvenated sound of 2023’s Hackney Diamonds, there’s touching vulnerability from Keith Richards while Jagger confronts war and autocracy

Fortune

Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living

Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Transfer.

Benzinga

Mayor Mamdani Slams Elon Musk Over Wealth 'Hunger' As America's 250th Anniversary Speech Sparks Tesla CEO's Fiery Response: 'He is a Taker, Never a Maker'

New York City Mayor Zohran Mamdani (D) took aim at Tesla (NASDAQ:TSLA) CEO Elon Musk on Friday, using a speech marking America’s 250th anniversary to spotlight wealth inequality.

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