Latest Elon Musk News
Senate Republicans are gathering behind closed doors to pick a new majority leader
WASHINGTON (AP) — Republican senators will gather behind closed doors Wednesday to decide who will replace longtime Senate leader Mitch McConnell and lead their new majority next year — a decision that could shape the future of the Senate, and the party, as Donald Trump reclaims the presidency....
Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade
HONG KONG (AP) — Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Japan’s benchmark Nikkei 225 slipped 1.1% in morning trading to 38,953.44, as...
Trump says Musk, Ramaswamy will form outside group to advise White House on government efficiency
WASHINGTON (AP) — President-elect Donald Trump on Tuesday said Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's...
Trump spends first week as president-elect behind closed doors at Mar-a-Lago
WASHINGTON (AP) — For a man who loves the spotlight, Donald Trump has been conspicuously out of view since his triumph in last week's presidential election. There have been no rallies, no press conferences, no speeches. Instead, Trump has spent most of his first week as...
FACT FOCUS: Election officials knock down Starlink vote rigging conspiracy theories
As President-elect Donald Trump begins filling key posts in his second administration, social media users are pushing false claims that the 2024 election was rigged in his favor. One such narrative claims that billionaire Elon Musk facilitated the alleged fraud with his internet...
Stock market today: Wall Street drifts lower as the Trump trade cools
NEW YORK (AP) — U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% a day after setting its latest all-time high. The Dow Jones Industrial Average...
How major US stock indexes fared Tuesday, 11/12/2024
U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% Tuesday, coming off its latest record. The Dow Jones Industrial Average fell 0.9%, and the Nasdaq...
Elon Musk's PAC spent an estimated $200 million to help elect Trump, AP source says
WASHINGTON (AP) — Elon Musk's super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group's spending, funding an effort that set a new standard for how billionaires can influence elections. The billionaire Tesla and SpaceX CEO...
Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000
NEW YORK (AP) — U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s reelection as president, but drops for some high-profile Big Tech stocks kept indexes in check. The S&P 500 edged up by 0.1%, coming off its best week of the year following...
How major US stock indexes fared Monday, 11/11/2024
Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to...
