Elon Musk raised concerns about President Donald Trump’s sweeping tax and spending cuts package, saying in a video released Tuesday that he believes it would raise the US budget deficit and undercut efforts by the Department of Government Efficiency.

Elon Musk said in an interview that he's “disappointed” by the cost of Donald Trump’s much-ballyhooed sweeping tax bill passed by the House.

Elon Musk’s announcement that’s he returning full-time to his business endeavors comes as Tesla is fighting off intense competition in China, the company’s number two-market.

Elon Musk’s SpaceX launched its ninth flight test of the Starship vehicle and Super Heavy booster on Tuesday, May 27, but the Starship vehicle broke up over the Indian Ocean 46 minutes after launch.

The Federal Aviation Administration last week cleared Starship for another flight, expanding the hazard area and pushing the liftoff outside peak air travel times.

Elon Musk's X Money is entering beta, aiming to launch by year-end with crypto and Visa support, transforming X into a digital payment platform.

Elon Musk outstripped all other political donors in the 2024 election cycle, contributing around $292 million to political causes. Musk, who owns Tesla and SpaceX, spent almost $100 million more than the second biggest contributor,