The 100 ways Elon Musk and his companies allegedly benefited from working with Donald Trump

A caller study published by a salient American senator’s agency this week sheds ray connected really nan first 130 days of US President Donald Trump’s 2nd word whitethorn person benefited Elon Musk, nan world's richest man. 

Democratic legislator Elizabeth Warren’s agency compiled a 14-page document utilizing a operation of media reports, White House statements, and deliberation vessel investigation to place complete 100 occasions wherever Musk’s companies and his ain individual wealthiness benefited during his clip pinch nan unofficial Department of Government Efficiency (DOGE).  

A connection connected Warren’s website describes nan study arsenic a database of actions wherever Musk aliases White House officials "broke morals norms and precedent aliases whitethorn person violated laws regarding national employees’ information successful matters successful which they person a financial interest," while benefiting Musk’s business concerns.

The study alleges that these actions person accrued Musk’s personal wealth by "at least" $100 cardinal (€85.4 billion) and wiped retired a imaginable further $2.37 cardinal (€2.07 billion) successful business liabilities from Musk’s record. 

Warren’s study comes successful nan aftermath of a very nationalist fallout this week betwixt Trump and Musk, who near his domiciled astatine DOGE earlier this month. 

USAID unopen down to debar probe into Starlink terminals

Warren’s study claims that Musk had conflicts pinch "at slightest 70 per cent" of nan authorities departments that his caller domiciled came after. 

The study claims that President Trump fired nan USAID Inspector General, who was group to inspect Musk’s outer institution Starlink for its domiciled successful providing services to Russia successful its ongoing warfare against Ukraine. 

In 1 of nan astir arguable moves of his early presidency, nan study claims that Trump past tried to unopen down USAID successful ray of this pending investigation. 

Trump past announced a region of US overseas improvement assistance programmes done USAID, creating a $60 cardinal (€55.3 billion) backing gap. 

Among nan USAID cancellation repercussions is immoderate non-profit backing to Ukraine that nan EU told Euronews successful February that it will not beryllium capable to meet nan gap. 

Warren’s study besides claims that Starlink either struck deals aliases is negotiating deals pinch astatine slightest a twelve countries, mostly successful Asia and Africa, “amid threats of tariffs”. 

Multiple investigations into Musk's companies buried

Regulators "have taken nary nationalist action connected their investigations" successful much than 40 national agency matters regarding Musk’s companies "for respective months aliases more," nan study continued. 

Many of nan stalled investigations highlighted successful nan study were focused connected Tesla, Musk’s electrical conveyance company. 

Citing NPR reports, Warren said that Trump fired nan Director of nan Consumer Financial Protection Bureau (CFPB) successful nan first information of DOGE cuts aft it received complete 300 user complaints astir Tesla. 

Pending investigations and audits from nan Occupational Safety and Health Administration and Labor Department’s Office of Federal Contract Compliance into Tesla were unopen down by nan Trump administration, nan study continued.

The Securities and Exchange Commission (SEC), successful complaint of investigating marketplace manipulation, constricted unit authority to motorboat investigations arsenic nan assemblage was investigating Tesla’s perchance mendacious claims astir self-driving vehicles.  

In a akin vein, nan National Highway Traffic Safety Administration (NHTSA) laid disconnected workers successful DOGE cuts while it investigated Tesla crashes caused by nan car’s “full self-driving” and distant power features. 

Trump’s management besides administered cuts and slowed down nan activity of nan Environmental Protection Agency (EPA), nan Federal Aviation Authority (FAA) and Fish and Wildlife Services (FWS) aft these agencies launched investigations into SpaceX, Tesla and xAI  Musk’s artificial intelligence (AI) institution down chatbot Grok, for biology violations. 

Billions successful contracts for SpaceX

During his clip astatine DOGE, Musk was capable to put successful mobility aliases motion respective authorities contracts worthy billions of dollars for SpaceX, his abstraction exertion institution based successful Texas. 

Trump’s announcement of nan Golden Dome project to guarantee information for nan US, on pinch an first $25 cardinal (€22 billion) investment, had already pegged SpaceX arsenic a frontrunner for nan project. 

The White House is now besides reportedly calling for 13 per cent much spending for nan Department of Defense, pinch SpaceX "considered apt to beryllium nan apical recipient" of this funding, while nan study alleges nan institution has already made complete $7 cardinal (€6.15 billion) successful contracts. 

The Federal Communications Commission (FCC) is expected to subsidise SpaceX’s broadband services successful a reversal of a erstwhile determination to springiness nan institution $900 cardinal (€790 million). 

Musk besides helped handpick galore of nan administration’s cardinal personnel, including nan first action of SpaceX investor Jared Isaacman arsenic NASA’s apical administrator and putting Michael Guetlein, a erstwhile SpaceX fellow, astatine nan caput of nan Golden Dome rocket program.

These picks besides influenced a imaginable statement pinch nan Pentagon wherever SpaceX would beryllium paid to "transport subject cargo astir nan globe". 

The study besides alleges that DOGE infiltrated nan Treasury Department’s Federal Payment System, which could springiness Musk nan financial accusation of competitor companies that person been awarded contracts.