Wall Street Elon Musk

Here’s Most Dangerous Part of Elon Musk’s Treasury Takeover

Elon Musk’s DOGE takeover of Treasury payments systems is already racking up legal challenges. Here’s what to know

A lawsuit filed Monday seeks to halt the ‘unlawful disclosure of information,’ including Treasury data on Americans’ taxes and Social Security, to DOGE staff. This week, President Trump adviser Elon Musk’s newly formed Department of Government Efficiency (DOGE) seems to have gained full access to the Department of Treasury’s payments systems responsible for processing trillions of dollars of spending,

The Financial Times · 1d

US Treasury moves to quell fears of Elon Musk taking over payments system

The US Treasury has sought to calm fears over Elon Musk’s access to its vast payments system, insisting no transactions have been cancelled, despite the billionaire’s claim to be “rapidly shutting down” remittances.

The New Republic on MSN · 12h

Here’s the Most Dangerous Part of Elon Musk’s Treasury Takeover

Elon Musk’s team of coders are creating a “backdoor” into the U.S. Treasury system, according to legal and I.T. professionals. “Pushing live production code cooked up by some young coders over a week of [sleepless] nights in place of a legacy system that is fundamental to the operation of the US government is against every programming best practice,

Wall Street banks sell $5.5B of X loans

New York Post on MSN · 8h

Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site formerly known as Twitter.

The Financial Times · 9h

Wall Street banks offload $5.5bn in debt linked to Elon Musk’s takeover of Twitter

Wall Street banks saddled with debt from Elon Musk’s $44bn takeover of Twitter sold large chunks of the loan package to investors on Wednesday, allowing a number of lenders to exit one of the toughest acquisition financings in recent years.

Yahoo Finance on MSN · 8d

Wall Street hopes to get rid of a bad Elon Musk bet

Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s 2022 Twitter buyout.

DOGE Rampage Is Also a Bailout for Elon Musk

Reuters · 6d

Amazon ramps up ad spending on Elon Musk's X, WSJ reports

Amazon.com is increasing its advertising on billionaire Elon Musk's social media platform X, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

New York Magazine · 4h

The DOGE Rampage Is Also a Bailout for Elon Musk

Elon Musk’s incursion into the federal government is unprecedented. It’s also pretty good news for his companies.

Boise State Public Radio · 1d

Why Elon Musk is driving such drastic changes in the federal government

The Trump administration is implementing drastic changes throughout the federal government. The man driving the changes is Elon Musk.

Intelligencer on MSN2d

Elon Musk May Have Your Social Security Number

The billionaire and his DOGE agents were granted full access to the Treasury’s federal payments system, and nobody knows to ...

7hon MSN

Tesla Stock Fell. California Might Be Turning Against Elon Musk.

Investors are looking for evidence Musk’s politics are hurting Tesla. It’s hard to find, but California might be turning ...

Crooks and Liars1d

President Musk's Poll Numbers Are Almost As Bad As Yambo's

Fifty-two percent of registered voters have an unfavorable view of Musk, while just 39% view him favorably, according to new ...

7don MSN

Elon Musk Accused of 'Pulling Trump Down' With Negative Poll Rating

Harry Enten, Tuesday on CNN: "Donald Trump is a more popular guy than Elon Musk is, that's the bottom line. Again, you look ...

12hon MSN

Trump-Musk purge of the CIA underway as agency pivots to spying on traditional allies like Mexico

The offer also comes as Trump and Tesla CEO Elon Musk, head of the extralegal Department of Government Efficiency, are ...

Musk: Trump ‘will succeed’ in dismantling Education Department

Elon Musk, the tech billionaire whom President Trump has tapped as the head of his new Department of Government Efficiency ...

Hosted on MSN6h

'Unelected weirdo': Even centrist Democrats relish taking shots at Elon Musk

Democrats are going all-in on making X owner Elon Musk their No. 1 bad guy as they work to retake Congress from Republican ...

1don MSN

Trump fumes about Wall Street Journal with Rupert Murdoch right next to him

I’m gonna have to talk to him about that,’ Donald Trump said on Monday after a reporter asked if the pause in Mexico tariffs ...

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