Elon Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla, where his moves have drawn scrutiny and lawsuits from investors.
Elon Musk’s election spending is supporting Republican candidates across key US Senate and House races, including Texas, Ohio and Michigan, as the parties compete for control of Congress.
SpaceX's stake in Boring Co. helped boost its net income in the third quarter.
Musk’s biggest political bet is on the Senate, where control could shape future investigations, federal spending and regulations affecting SpaceX and Tesla.
As Elon Musk considers merging Tesla and SpaceX, tech journalist Kara Swisher examines his business strategy, growing political influence and power over the war in Ukraine.(Image credit: Manuel...
Musk in September donated $158 million to a Republican Super PAC, which sent that cash to a PAC backing GOP Senate nominee Ken Paxton, Talarico's opponent.
Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.
A potential combination would bring electric vehicles, satellite communications, space launches and artificial intelligence under one corporate structure, reshaping Musk’s business empire
A day after Elon Musk's SpaceX reported third-quarter results, Tesla is scheduled to update investors.
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