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Politics : Formerly About Advanced Micro Devices

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From: Wharf Rat2/11/2025 2:24:18 PM
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Elon Musk's Business Empire Scores Benefits Under Trump Shake-Up

nytimes.com

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Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
Government investigations into Mr. Musk’s companies are stalling from President Trump’s firings and Biden administration resignations.

President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — or is now in a decidedly better position to benefit.

Mr. Trump and Mr. Musk, the world’s richest man who has been given enormous power by the president, have been dismantling federal agencies across the government. Mr. Trump has fired top officials and pushed out career employees. Many of them were leading investigations, enforcement matters or lawsuits pending against Mr. Musk’s companies.

Mr. Musk has also reaped the benefit of resignations by Biden-era regulators that flipped control of major regulatory agencies, leaving more sympathetic Republican appointees overseeing those lawsuits.

At least 11 federal agencies that have been affected by those moves have more than 32 continuing investigations, pending complaints or enforcement actions into Mr. Musk’s six companies, according to a review by The New York Times.



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