09:32
Elon Musk's Neuralink receives Canadian approval for brain chip trial
Neuralink to trial brain implant in Canada, aiming to help paralysed patients control devices through thought.
Musk sends more money to back Trump
Reuters
Elon Musk gave about $44 million to his pro-Donald Trump spending group during the first half of October, federal disclosures showed on Thursday, as the billionaire stepped up his efforts for the Republican candidate in the November 5 election.
The contributions, disclosed in a filing to the Federal Election Commission by Musk's America PAC group, come after a prior report showed he gave the group around $75 million over three months between July and September.
America PAC, which is focused on turning out voters in closely contested states that could decide the election, also disclosed spending more than $47 million in the first half of October.
The Trump campaign is broadly reliant on outside groups for canvassing voters, meaning the super PAC founded by Musk - the world's richest man - plays an outsized role in what is expected to be a razor-thin election between Trump and Vice President Kamala Harris.
Separately, Trump's campaign reported spending more than $88 million on ads in the first half of the month, leaving him with $36 million in the bank for the final stretch of campaigning, according to a separate filing to the Federal Election Commission. Trump's campaign raised $16 million during the period.
08:00
Trump and Musk Watch SpaceX Launch Starship, Booster Fails to Land
SpaceX launched its Starship rocket from Texas on Tuesday, watched by U.S. President Donald Trump. While the mission reached space, the booster failed to land as planned, splashing down in the Gulf of Mexico and exploding. The rest of the mission was successful.
12:43
Musk’s political rise sparks of debt recovery hopes for X
Wall Street banks are hopeful they can soon sell off $13 billion of debt tied to Elon Musk's social media platform X. They now believe that Musk's close relationship with President-Elect Donald Trump could improve X's prospects, allowing them to sell the debt without large losses.
15:42
Trump names Elon Musk to lead government efficiency drive
U.S. President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new Department of Government Efficiency. Tasked with cutting bureaucracy and regulations, the informal roles aim to restructure federal agencies, potentially boosting Musk's influence and business interests.
13:54
Musk's ties to Trump will reverberate through Tesla, other interests
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
