The billionaire businessman has racked up some wins, and a few losses, since becoming a major MAGA power player.

It all happened thanks to Elon Musk. Congress was on a glidepath to heading home for the holidays without much agitation, but the framework of an earlier proposed deal blew up after Musk posted over 150 times on X urging House Republicans to reject what was in place and go back to the drawing board.

Appearing on CNN, former White House official Anthony Scaramucci said Elon Musk was in a "perilous situation" with President-elect Donald Trump after some commentators began suggesting that the tech billionaire was the real incoming president.

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.

Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission. The filing reports that each investor, of nearly 100, had to give a minimum of $77,

Elon Musk, the CEO of Tesla and the world's richest person, has once again stirred the internet by confirming that his unconventional offer to rename Wikipedia as "Dickipedia" for a whopping $1 billion (approximately 8,

Elon Musk's unorthodox proposal to rebrand Wikipedia as "Dickipedia" for a whopping $1 billion made headlines last year. Surprisingly, the offer remains open and it is confirmed by none other than Musk himself.