Elon Musk, the Tesla CEO and former Trump ally, has lost $69 billion, but still tops the richest list so far this year.

Elon Musk, the single biggest Republican donor in the 2024 elections, says he wants to create a new political party to lower the US national debt, which currently stands at $37 trillion.

AI raised $10 billion through loans and cash investments in July, split evenly between debt and equity. In June it sold $300 million worth of shares in a secondary stock offering.

Elon Musks AI startup xAI is reportedly exploring a new funding round that could value the company between $170 billion and $200 billion, according to the Financial Times. Sources familiar with the matter say Saudi

Linda Yaccarino, who was hired two years ago by Elon Musk as chief executive officer of X, is stepping down less than three months after the social-media platform was absorbed by Musk’s artificial intelligence startup,

The world's richest man's latest political activities prompted a brutal sell-off of Tesla stock as investors question his focus on the company.

Cathie Wood is still all-in on Elon Musk, even as Tesla stock continues to tank and his political ambitions get louder. Speaking on Bloomberg Television this week, the Ark Invest founder defended the CEO while shares in the electric car company kept falling.

Profane posts generated by the Grok artificial intelligence chatbot on Elon Musk’s X are unacceptable and could lead to a ban on the platform in Turkey, according to a government minister.