What Happened
Billionaire's Companies Flourish Amid Regulatory Relief and Government Contracts
A new report by Democracy Defenders Fund reveals that Elon Musk’s companies have won at least $10 billion in government contracts since he left the Trump Administration, with his net worth more than doubling in the process. The report highlights the close relationship between Musk and the federal government, with at least 11 executive departments and 14 independent agencies taking actions that benefit his businesses. Musk’s companies have received regulatory relief, including the ability to install natural gas turbines for a data center project without securing federal clean air permits. The report raises questions about the ethics of the current government framework and the potential for pay-to-play loopholes. This report was first published by an unknown source.