Elon, Inc.

He may be the world’s richest person and a personal pal of Donald Trump, but even Elon Musk can have a bad week. Not only has Tesla stock continued to crater as consumers worldwide turn their back on the South Africa-born multibillionaire (some violently) but his right-wing social network X was hit by sporadic outages he blamed on hackers. Even one of his SpaceX rockets blew up, raining debris down on the Earth and endangering passenger airliners. A big part of Musk’s waning popularity is of course tied to his starring role in gutting the US government on behalf of Trump—and even there he’s not as loved as he once was. On this episode to discuss all of this are Bloomberg Businessweek senior writer Max Chafkin and Elon Musk reporter Dana Hull. Later, Bloomberg stocks reporter Esha Day talks about how the markets have been treating Musk of late. See omnystudio.com/listener for privacy information.

While Elon Musk is busy in Washington, his publicly traded company has been suffering. Having skyrocketed in the immediate aftermath of Donald Trump’s election, Tesla is now in free fall and increasingly a target of protesters. Every weekend, more people have shown up at Tesla dealerships across the US with signs and chants, demonstrating against Musk’s effort to gut federal regulators and agencies while firing tens of thousands or workers with Trump’s blessing. Overseas, it might be even worse for the carmaker: Tesla sales have collapsed in Europe. Maybe betting on Trump boosting Musk’s companies wasn’t the smartest move for investors after all? To debate that and more, David Papadopoulos is joined by Bloomberg editor Craig Trudell as well as Elon Musk reporter Dana Hull and Bloomberg Businessweek Senior Reporter Max Chafkin. Also, after a lull, the feuds are back, and this time they’re bigger than ever.See omnystudio.com/listener for privacy information.

Personnel Management (OPM) sent out an email seemingly to all federal employees instructing them to send back a list of five things they accomplished the previous week. Over on X, Musk posted that failure to do so would be tantamount to resigning. Confusion reigned as departments scrambled to advise employees on whether to follow the order from Donald Trump’s wealthiest assistant. This week, Bloomberg Businessweek’s Max Chafkin chats with Bloomberg social media reporter Kurt Wagner about this email and more. Then we hear a segment of the live show last week at On Air Fest, where host David Papadopoulos was joined by Chafkin, Elon Musk reporter Dana Hull and Wired’s Makena Kelly, who has been covering politics and Musk’s new government career for some time now. See omnystudio.com/listener for privacy information.

Elon Musk and his assistants have reportedly spent the past week dropping in on federal agencies ranging from the US Department of Education to the Department of Energy, the Social Security Administration and the Internal Revenue Service. The result has been the potentially illegal disclosure of personal financial and health data belonging  to tens of millions of Americans. Accompanying these visits has been the summary (and again potentially illegal) termination of thousands of federal workers by President Donald Trump. To walk you through these historic developments, David Papadopoulos unpacks it all with Elon Musk reporter Dana Hull. They also talk about recent protests against the multibillionaire at Tesla showrooms, a potential new round of funding for his artificial intelligence venture and the $400 million government order for armed Cybertrucks—to be paid for by American taxpayers—that disappeared from the State Department procurement website.See omnystudio.com/listener for privacy information.

Federal judges continue to declare most of Elon Musk’s activities in Washington to be probably illegal as the question of whether his 78-year-old boss will trigger a constitutional crisis becomes more pressing. At the same time, Musk has been making news in Silicon Valley, with a report Monday that he and others want to buy OpenAI. The proposal may have been a feint, but Sam Altman did take the opportunity to make Musk look small. The OpenAI chief executive said no thanks to the $97.4 billion offer, but added he’d be happy to buy X off of Musk for a pittance by comparison. From Washington, reporter Josh Wingrove joins host David Papadopoulos and panelists Max Chafkin and Dana Hull. Plus, New York magazine tech writer John Herrman comes on to talk about how Musk’s businesses may be benefiting from his role as Donald Trump’s hatchet man.See omnystudio.com/listener for privacy information.

Elon Musk has been in Washington a few weeks now, and he and his team of Silicon Valley adjutants show no signs of stopping their efforts to (illegally, many legal experts say) dismantle portions of the federal government in the name of Donald Trump. This weekend, we discussed how the Tesla co-founder and far-right billionaire was given access to a central component of government—the mechanism by which the Treasury distributes trillions of dollars authorized by Congress. Today, Max Chafkin discusses these historic events with Bloomberg reporters Dana Hull, Ted Mann and Anthony Cormier. Cormier co-reported a story on Musk’s effort to collapse the US Agency for International Development, which distributes humanitarian and development aid all over the world. In addition to the ramifications Musk’s unprecedented actions may have for the 249-year-old republic, we also consider what this all means for his finances.See omnystudio.com/listener for privacy information.

In a week of unprecedented action (and chaos) from both Elon Musk and the Trump administration, breaking news this weekend brought the Elon, Inc. team together for an emergency episode. The New York Times broke the news, and the Washington Post followed, that Musk’s Department of Government Efficiency was given access to the Treasury Department’s payment system. This system, which handles a big chunk of the government’s money transfers, including Social Security, is normally administered by a small number of non-political appointees, and it was reported that Musk’s desire to get in the gears drove a career Treasury official out of the department late this week. This is a big deal. Musk has many apparent conflicts of interest, and beyond the finances, this is where sensitive information about American citizens is stored. To discuss this development, host Max Chafkin is joined by Sarah Frier, Big Tech editor; Kurt Wagner, social media reporter; and Dana Hull, who covers Musk for Bloomberg News.See omnystudio.com/listener for privacy information.

It’s that time of year: quarterly earnings for Tesla are tomorrow. Regular Elon, Inc. listeners will know that means a new bingo card is here (and you can play on the Bloomberg Terminal at BNGO). But that’s only one of the many breaking news items about Elon Musk—another is today’s announcement that Visa is partnering with X to deliver banking services to the social media platform. To discuss all of this, host David Papadopoulos is joined by Max Chafkin, Dana Hull and editor Craig Trudell to talk Tesla, and senior banking reporter Sridhar Natarajan to unpack X’s new debt deal.See omnystudio.com/listener for privacy information.

Just as mobile banking revolutionized our relationship with our money and led to a plethora of new tools for management and investing, the proliferation of crypto and blockchain technologies have opened up all manner of new investment opportunities that go far beyond what early Bitcoin adopters could’ve imagined. This episode is sponsored by Coinbase.See omnystudio.com/listener for privacy information.

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.See omnystudio.com/listener for privacy information.

All eyes were on Washington, DC, this past weekend, when Elon Musk joined Donald Trump’s inauguration events bigly, as our once and current president would say. The news was flowing throughout, including changes to the nascent DOGE project and a very controversial hand gesture. Also controversial? Musk’s ongoing video game scandal, in which influential gamers have accused Musk of not actually getting to the upper echelon of a few games by himself. To discuss DC, host David Papadopoulos is joined by series regulars Max Chafkin and Dana Hull, and Bloomberg video game reporter Cecilia D’Anastasio later joins to talk about her new story on the affair.See omnystudio.com/listener for privacy information.

On Monday, Bloomberg News broke the story that Chinese officials were considering allowing Elon Musk to buy TikTok—something that, if it happened, would be earth-shaking for a whole host of reasons (though Elon, Inc. listeners heard us discuss the possibility months ago). Host Max Chafkin talks to Bloomberg social media reporter Kurt Wagner about what a Musk-owned TikTok could mean for the US (and China). Then Bloomberg political writer Joshua Green joins Chafkin and Musk reporter Dana Hull to unpack the ongoing MAGA feud between two of America’s most famous far-right figures: Musk and Steve Bannon. See omnystudio.com/listener for privacy information.

For those who haven’t been following Elon Musk’s voluminous and combative X posts about the UK—good for you. It’s a confusing situation where Musk backed and then renounced fellow right-winger Nigel Farage, and then tried to taint Prime Minister Keir Starmer with a “scandal” tied to when he was a prosecutor. Starmer, for his part, said “a line has been crossed” with Musk’s messaging. Musk then made an X poll asking people, essentially, if it was time for a coup in the UK. David discusses this with Bloomberg  Opinion columnist Marc Champion, Musk reporter Dana Hull and UK government reporter Alex Wickham. Then, Kurt Wagner and Max Chafkin join Hull to talk about changes at X. Musk seems to have changed the platform’s policy to privilege posts that are “positive” in nature. The timing of this has the panel wondering if he plans on boosting people who are saying nice things about, say, how his new boss is doing come Jan. 20. Finally, “Adrian Dittman.” It’s been a longstanding rumor that this person is actually Musk—his voice sounds like Musk’s in various recordings and he posts often about Musk in glowing terms. A recent story seemed to debunk that rumor, but the internet doesn’t seem ready to let go.See omnystudio.com/listener for privacy information.

Over the holiday break, Elon Musk was busy making news on X, furiously posting his way into a multipronged fight with ultra-right wing MAGA luminaries Laura Loomer and Steve Bannon about immigration visas. But over the past 24 hours, two other stories arguably overshadowed the civil war in Trumpland: a deadly Cybertruck explosion in Las Vegas and some surprisingly bad sales numbers from Tesla. David Papadopoulos is joined by Max Chafkin and Dana Hull to break down the news. See omnystudio.com/listener for privacy information.

As we established in our last podcast—an episode recapping 12 months of ups and downs and ups for the world’s richest man—this was a unique year for Elon Musk. This week, our look back continues—along with a look forward—in the second part of a holiday special of Elon, Inc.  Host Max Chafkin is joined by Elon Musk reporter Dana Hull, tech editor Sarah Frier and special guest Ryan Broderick, host of the podcast Panic World and founder of the Garbage Day newsletter. Together they play some games and handicap Musk’s next moves.  On the game front, how well does the panel know Musk’s “eexing” (aka posting habits on X)? Can they identify who Joe Rogan is talking to—Musk, Donald Trump or a cryptozoologist? Can they determine the status of Trump’s relationship with his richest donor? We also get predictions not only from our panelists but from a slew of other personalities. How will Musk wield his new-found power as part of Trump’s second administration? Will there be more legal troubles? We try our best to prophesize.See omnystudio.com/listener for privacy information.

What a year 2024 has been for Elon Musk. From the ups-and-downs of Tesla stock, to his rapid ascent to the top of Republican party politics to various SpaceX wins and losses, it seems like a year that Musk won’t forget. And neither will we: for the year-end episode, we actually have a two-part special, featuring Max Chafkin as host, Dana Hull (Elon Musk reporter) and Sarah Frier (Big Tech editor) as panelists and a special guest, Ryan Broderick, host of his own podcast, Panic World, and Garbage Day newsletter founder. In the first part, we go over the word (or words) that describe Musk’s year; discuss both the biggest and most underappreciated stories of the year; and figure out who was the most important sidekick among Elon’s ever evolving entourage.See omnystudio.com/listener for privacy information.

For the past day or so, Elon Musk has been singularly focused, on X, on one target: funding the US government. He has, basically, single-handedly, killed a bipartisan bill that would keep the federal government running through January 1, 2025. To unpack what is happening — and will what will happen — Max Chafkin sits down with Bloomberg News reporter Ted Mann. It’s a huge gamble, by Musk and Trump, on what could be a very problematic start to Trump’s new administration.See omnystudio.com/listener for privacy information.

The simmering feud between Elon Musk and Sam Altman is boiling again. In the latest round, OpenAI, which is being sued by Musk, uncorked a long post last week that included emails purporting to show that Musk didn’t really care about the safety of artificial intelligence (as he has long said he does). According to OpenAI, Musk just wanted to control the company. Also on the docket for Elon, Inc. this week: a conversation with Bloomberg reporter Loren Grush, along with regulars Dana Hull and Max Chafkin, about what Donald Trump’s designated head of NASA, billionaire Jared Isaacman, means for Musk. (Probably only good things.) Another story that is discussed is Hull’s deep dive into Musk’s funding of a preschool project. It’s part of a larger push from Musk to implement his own far-right agenda into education, and the money runs through at least two of his non-profit entities. There is a familiar cast of characters involved (like longtime money manager Jared Birchall) and some vague goals. See omnystudio.com/listener for privacy information.

Elon Musk is frequently on the move, but in his new role as Donald Trump’s wealthiest enforcer, he seems to be everywhere at once. One minute he’s on Capitol Hill with Vivek Ramaswamy pushing his boss’s government-gutting agenda, the next he’s in Paris with the president-elect for some awkward mingling with the global elite. Then he’s back at Mar-a-Lago, huddling with Hungarian strongman Viktor Orban. Bloomberg political writer Josh Green joins Max Chafkin and Dana Hull to talk about these developments. Also on the episode this week, a discussion about the recent astronomical SpaceX valuation, Max thinks he might have spotted a possible feud, and a quick peak into the show email inbox.See omnystudio.com/listener for privacy information.

This holiday season, it would seem that Elon Musk has much to be thankful for—he even spent Thanksgiving by Donald Trump’s side in Mar-a-Lago. But last night, a Delaware judge handed him a rare defeat, rejecting yet again his enormous Tesla pay package. To discuss this and other legal matters, the Elon, Inc. team has brought on Bloomberg legal reporter Jef Feeley as well as the regular crew: Sarah Frier, Max Chakin, and Dana Hull. The gang also discuss Elon's shifting customer base. One consequence of Musk’s far-right political turn has been how consumers now have to weigh the political ramifications of buying products from his companies. This has been the case at Tesla for a while now (a market for anti-Elon bumper stickers has flourished) but there’s a huge debate about the meaning of using X post-election.See omnystudio.com/listener for privacy information.