Neither SpaceX, Tesla, nor SolarCity were doing well and were losing money. Musk was living off personal loans to survive. But by December 2008, SpaceX won a $1.5 billion (€1.3 billion) contract with NASA to deliver supplies into space.

Tesla was close to bankruptcy, leading Elon Musk to consider selling the company to Google for $6 billion. The deal was nearly finalized with Musk set to remain at Tesla for eight years. However, a surge in Model S sales and subsequent profits allowed Tesla to recover,

Elon Musk, having spent much of 2024 inveigling himself into a position of power in U.S. politics, has a new target in his sights for this year: Europe. Musk has enjoyed sticking his oar into politics on my side of the Atlantic for a while now.

T oday is a day ending in "Y," so of course there's another off-handed remark from Tesla CEO Elon Musk about some new feature planned for one of his companies' products. In this c

Musk's Tesla stake rose by $111 billion — 65% — last year. All but $2 billion of Musk’s Tesla gain and about 98% of what other Tesla shareholders gained came after Election Day, when Musk began hanging out extensively with Donald Trump and started calling himself Trump’s “first buddy.