There have been many rumours about Elon Musk and his double life, but we are here talking about the recent splashing out of a powerful governmental role and turbulent times for his companies. So grab your cup of coffee, and let’s jump right into what has been going on with Musk, from his days in Washington to his personal life. We’ll keep everything grounded in the current buzz around him.
Elon Musk News
Elon Musk is back to focusing on his businesses after a whirlwind stint in the Trump administration. He stepped down as a Special Government Employee leading the Department of Government Efficiency (DOGE), a role he took on with his usual gusto. Posting on X, Musk thanked President Trump for the chance to shake up government spending but admitted the job took a toll. Now, he’s laser-focused on turning things around at Tesla and SpaceX, both of which have hit some bumps in the road.
Elon Musk’s Latest News
Musk’s time in D.C. was a rollercoaster. His DOGE initiative aimed to slash federal spending, but it didn’t quite hit the mark, saving $160 billion instead of the massive cuts he’d hoped for. The backlash was intense, and the protesters even vandalised Tesla vehicles, which Musk called “heartbreaking.” Tesla’s sales have tanked, especially in Europe, and SpaceX has faced delays. Here’s the scoop:
- DOGE Drama: Musk’s push for efficiency led to 120,000 federal job cuts, sparking outrage from workers and politicians alike.
- Business Struggles: Tesla’s stock took a nosedive, and its brand ranking dropped from 8th to 95th in the 2025 Axios Harris poll.
Elon Musk DOGE
DOGE was Musk’s big idea to make the government leaner, inspired by his knack for streamlining operations at Tesla and SpaceX. But it wasn’t smooth sailing. Resistance from bureaucrats and legal hurdles slowed progress, and Musk called the experience “exhausting.” He’s now stepping back, planning to advise DOGE part-time while pouring his energy into his companies.
Elon Musk DOGE Update
The latest on DOGE? It’s moving forward without Musk at the helm, though he’s still offering strategic input. A recent Senate report raised eyebrows, pointing out potential conflicts of interest since Musk’s companies are regulated by agencies like the FAA and NHTSA. Legal troubles loom, with Tesla facing $2.37 billion in liabilities over issues like autopilot safety claims. Critics are questioning whether Musk’s influence blurred ethical lines.
Elon Musk Net Worth
Musk’s wallet has felt the pinch lately. Forbes pegs his net worth at $383.6 billion as of April 2025, down from over $400 billion, while Bloomberg estimates $335 billion. Tesla’s stock, a big chunk of his wealth, dropped by a third this year, with profits down 71% as competitors like BYD gain ground. Here’s the breakdown:
- Financial Hit: Tesla’s sales in Europe plummeted nearly 50%, and its reputation has taken a beating.
- Other Ventures: SpaceX and xAI are still growing, but SpaceX’s launch delays and X’s slower traction are concerns.
Elon Musk’s Spouse
Musk keeps his personal life under wraps these days. He’s been linked to big names like Grimes in the past, but as of May 2025, there’s no word on a new partner. He seems to be flying solo, focusing on work and family rather than romance.
Elon Musk’s Education
Musk’s brainpower comes from his degrees in physics and economics from the University of Pennsylvania’s Wharton School. He’s a self-taught innovator, often diving into books and experiments to fuel his big ideas. That education laid the groundwork for game-changers like Tesla’s electric cars and SpaceX’s reusable rockets.
Elon Musk’s Family
Musk is a father to several children, including his extremely special and somewhat celebrity son. For a while now, Musk has been giving us glimpses of his tight-knit life with lots of adorable pictures of the boys and such, but with the hectic life, family moments definitely get pushed to the back burner. Still, no matter how crazy his schedule gets, the man can never hide his affection for his kids.
FAQs
What is Elon Musk’s 5-minute rule?
The 5-minute rule by Musk is a productivity technique wherein you work for short 5-minute blocks of time on a particular task, thereby giving a huge project micro-management. It helps increase the ability to focus on what is important and on managing time efficiently; people usually combine it with time blocking, which is really setting aside chunks of time for a particular activity.
How is Elon Musk famous for?
Elon Musk is famous for his business strategies and entrepreneurial ventures.
How many children does Elon Musk have?
Elon has a total of 7 children.
How did Elon Musk get rich?
He has several investments in various big businesses such as Tesla and SpaceX.
Is Elon Musk invested in Bitcoin?
Yes, Elon Musk has invested in Bitcoin. In fact, he owns a major stake in Tesla.
What is Elon’s prediction for Bitcoin?
He predicted that if dollar inflation is addressed, the prices of cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Bitcoin (CRYPTO: BTC) may decline.
