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$288 million
“Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates,” according to a Washington Post analysis of new Federal Election Commission filings. “Friday’s FEC filings cement Musk’s status as the biggest political donor of the recent presidential cycle at a moment when he has amassed an extraordinary amount of power as a member of Trump’s inner circle — and decried by critics as a de facto, unelected co-president.”
“If you’re just catching up: the Republican Party, taking orders from the world’s richest man, is on course to shut down the government over the holidays, stopping paychecks for our troops and nutrition benefits for low-income families just in time for Christmas.”
— Hillary Clinton, on X.
“Elon Musk ordered his puppet President-elect and House Republicans to break the bipartisan agreement reached to keep government open. House Republicans are abdicating their responsibility to the American people and siding with billionaires and special interests.”
— Rep. Nancy Pelosi (D-CA) joined a growing chorus of Democrats asserting that Elon Musk is directing Donald Trump, after the president-elect came out in opposition to a stopgap spending deal hours after his billionaire adviser heavily criticized it, the Washington Post reports.
$353 billion
Elon Musk’s net worth is now estimated at $353 billion, up $91 billion over the last month, according to the Bloomberg Billionaires Index.
$348 billion
“Elon Musk’s net worth hit an all-time high of $347.8 billion on Friday, driven by Tesla Inc.’s ongoing stock rally and a new funding round valuing his artificial intelligence startup xAI at $50 billion,” Bloomberg reports. “Musk’s numerous businesses have been surging in value since Donald Trump’s election victory propelled Musk, the so-called ‘first buddy,’ into the political spotlight.”