Tesla, a big source of Musk’s wealth, bore the brunt of the public anger against him and his policies. Tesla’s stock dropped 33% since inauguration. The EV maker’s sales plummeted.

Even as Musk’s work at the Department of Government Efficiency appeared to consume him, his top adviser created a set of companies named Red Planet I, II and III.

Elon Musk's company xAI has acquired X, the social media platform formerly known as Twitter, for $33 billion. Other business ventures he's expanding in 2025 include the launch of X Money, a