Tesla warned of the hit to its bottom line from tariffs, while SpaceX complained that foreign trade barriers affect its Starlink internet satellite service.

Tesla (TSLA) has lost about half of its market value, or $800 billion, due to the recently market selloff and its own struggling business. But its CEO Elon Musk remains the world’s wealthiest person,

Elon Musk is the richest person in the world with a net worth of over $300 billion. Here’s everything to know about Elon Musk’s net worth.

Starlink, a division of Elon Musk’s rocket company SpaceX that provides satellite internet service across the world, received the second largest grant in a new state fund meant to support the semiconductor business in Texas.

SpaceX has urged the U.S. to address trade barriers affecting its Starlink satellite communications service in foreign countries, arguing that competitors from abroad face no import costs in the country.

Elon Musk was considered just another eccentric genius, but recent developments have put him at the center of American politics.

President Donald Trump and his administration continue to make cuts to the federal government by the Department of Government Agency (DOGE), led by businessman Elon Musk. Dr. Todd Belt from George Washington University returns to Capitol Review this week.

Elon Musk’s SpaceX is pushing the US to address the trade barriers faced by Starlink’s satellite communication service in foreign countries. The company argues that its competitors from foreign countries have no such import restrictions in the United States.