Continue reading.Donald Trump’s presidency has been profitable for Elon Musk. Since Election Day, Musk’s staggering net worth has increased by over $100 billion.
While serving as a “Special Government Employee” in the White House and leading the Department of Government Efficiency (DOGE), Musk has maintained extensive financial conflicts of interest through his ownership or stake in several private and publicly traded companies: Tesla, SpaceX, X and xAI, the Boring Company, and Neuralink.
Before Trump took office, Musk’s companies faced at least $2.37 billion in potential liability from pending agency enforcement actions. Now many of those enforcement actions have stalled or been dismissed.
Musk’s companies have received or are being considered for large contracts with the federal government, with foreign governments, and with other private sector companies.
Musk and individuals acting on his behalf have been involved in dozens of questionable actions that raise questions about corruption, ethics, and conflicts of interest.
Warren.Senate
Even if his favored relationship with Trump should come to an end, Musk has already secured enormous, unwarranted benefits. Whatever price he pays for his association with Trump, business-wise, it was well worth it.
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