Founders Fund, which is leading the deal, is expected to contribute $1 billion to the $2.5 billion funding round.

Much of the billionaire’s handiwork — gaining access to internal systems and asking employees to justify their jobs — is ...

(Bloomberg) -- Boeing Co. expects to lay off hundreds of workers on its SLS moon rocket program, the company said on Friday, ...

Two former SpaceX employees are now embedded at the Energy Department as billionaire Elon Musk’s government efficiency team ...

Texas Governor Greg Abbott is amplifying his push for the state to play a bigger role in finance, from equity trading to ...

US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency team who has read-only access to federal payment data, and that there’s ...

Tesla sales are plunging across Europe with the most precipitous declines in France, Germany and Italy. Polls show that Musk ...

The staffer, Marko Elez, resigned following revelations of racist social media posts, leading to public scrutiny.

Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal spending and ...