Alexandra Ulmer

U.S. President Donald Trump on Wednesday said his administration is considering returning 20% of savings identified by Elon Musk's Department of Government Efficiency (DOGE) initiative to Americans, echoing a proposal made on social media site X.

Two members of the Senate Armed Services Committee on Thursday asked President Donald Trump's Air Force secretary nominee whether he unfairly favored Elon Musk in a classified, multibillion-dollar spy satellite contract.

Elon Musk poured millions of dollars into a Wisconsin Supreme Court race and even donned a local cheese-shaped hat at a political rally, only to have his candidate soundly defeated in a race viewed as an early referendum on Donald Trump's presidency.

As the Trump administration intensifies efforts to acquire Greenland from Denmark — or take it by force — some Silicon Valley tech investors are promoting the frozen island as a site for a so-called freedom city, a libertarian utopia with minimal corporate regulation, three people familiar with the matter told Reuters.

After announcing last week that his cost-cutting role at the White House was mainly done, Musk views his money and his social media platform X as potentially more powerful political tools than his time inside the government.

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 an interview after leaving the team.

The falling-out began brewing days ago when Musk denounced Trump's tax-cut and spending bill.

Elon Musk said he regretted some of the posts he made last week about President Donald Trump as they had gone "too far".

In recent days, Republican circles in Washington have buzzed with speculation that former Trump administration official Katie Miller, an aide to Elon Musk and wife of one of the president's closest advisers, and Musk have had a falling out.

Trump-linked venture fund 1789 Capital tops $1 billion in assets