Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said. The talks are in the early stages, and xAI’s valuation could rise or fall…
Elon Musk declared last month that the federal government was engaged in “utterly insane” activity, claiming without evidence that it had distributed $100 billion to people without Social Security numbers. Two days after Mr. Musk’s comments, one of his key lieutenants, Steve Davis, began pressing the Social Security Administration for information. Mr. Davis called the…
Starlink, the satellite internet service operated by Elon Musk’s SpaceX, is now accessible across the White House campus. It is the latest installation of the Wi-Fi network across the government since Mr. Musk joined the Trump administration as an unpaid adviser. It was not immediately clear when the White House complex was fitted with Starlink…
The Trump administration said on Wednesday that it would overhaul a $42 billion federal grant program aimed at expanding high-speed internet to the nation, including easing some rules that could benefit Elon Musk’s satellite internet service, Starlink. The program will be revamped to “take a tech-neutral approach” in its distribution of funds to states, Commerce…