His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans.
Category: Government Contracts and Procurement
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Elon Musk’s SpaceX Most Likely Doesn’t Pay Taxes
Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.
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How One Company Maintained a Monopoly on U.S. Fire Retardant
Perimeter Solutions sought to undercut rivals, leaving federal officials worried about their reliance on a single company for a crucial product.
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Facing Painful Cuts, the V.A. Reported Dubious Savings to DOGE
The Department of Veterans Affairs claimed credit for canceling contracts that had not been canceled, and tallied savings unrelated to the cost-cutting efforts.
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Who Will Replace Elon Musk as the Leader of DOGE?
Joe Gebbia, a close friend of Mr. Musk’s, is expected to be a part of a small council of advisers that will oversee the Department of Government Efficiency.
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Trump’s Feud With Musk Highlights His View of Government Power: It’s Personal
President Trump threatened to cut off Elon Musk’s federal contracts, showing that he looks at the government as his own means of penalizing those who cross him.
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Buildup to a Meltdown: How the Trump-Musk Alliance Collapsed
President Trump’s decision to pull a close associate of Elon Musk’s out of the running to run NASA helped doom an extraordinary partnership.
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Trump’s Plan to Revive US Shipbuilding Would Take Billions and Many Years
President Trump and members of Congress want to revive U.S. shipbuilding with subsidies and penalties against Chinese-built ships. But there are obstacles.