In the wake of Donald Trump’s victory, Elon Musk has not been able to keep up that top 20 spot. He’s crashed all the way down to #36 in the world ranking list, with recent reporting putting him next to Trump on election night and on a call with Ukraine’s Volodymyr Zelenskyy after the win.

Musk's X Corp. has invoked the First Amendment in a behind-the-scenes legal challenge to a common tactic used in criminal investigations.

Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency, also known as DOGE, under Donald Trump's administration, Trump said.

President-elect Donald Trump on Tuesday night announced Elon Musk will help lead an effort to cut government regulations and slash spending, making good on a campaign pledge to put the Texas billionaire who spent $119 million to get him elected in charge of the so-called “Department of Government Efficiency.

Musk, the billionaire CEO of SpaceX and Tesla, reportedly spent "at least $130 million" on pro-Trump campaigning.

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.

Federal and state election officials rebutted claims of widespread fraud in the 2024 election, including claims that Elon Musk’s satellite internet provider Starlink manipulated the vote counts. They said there are longstanding systems to ensure votes are fairly and accurately tabulated.