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Donald Trump

Elon Musk net worth slides $12 billion as investors grow ‘tired’

The second Trump presidency hasn’t been the boon for former “first buddy” Elon Musk’s Tesla stock investors had hoped, as shares are down more than 30% since Inauguration Day.

  • By Derek Saul
  • Forbes Staff

Trump Signs Signature Policy Bill On His July 4 Deadline

The bill passed the House 218-214 Thursday, with two Republicans joining Democrats voting against the bill.

  • By Zachary Folk

Elon Musk suggests his new ‘America Party’ will target Senate and House seats

Musk polled his followers about whether they would want to see a third political party.

  • By Sara Dorn
  • Forbes Staff

Elon Musk’s net worth plunges $12 billion as Trump targets Musk’s empire in feud

“This BFF situation has now turned into a soap opera that remains an overhang on Tesla’s stock,” bemoaned one Wall Street analyst.

  • By Siladitya Ray
  • Forbes Staff

Asides

How Barron Trump may have earned $40 million from his dad’s crypto venture

Donald Trump’s oldest children earned a couple million dollars a year working inside their father’s real-estate empire, according to Forbes’ estimates. Barron Trump appears to be earning much more, much faster.

  • By Kyle Khan-Mullins

‘Went too far’: Musk says he regrets his posts bashing Trump last week

Musk’s latest post is a climbdown by the billionaire who triggered a public feud with the president by attacking his signature spending bill last week.

  • By Siladitya Ray
  • Forbes Staff
Here’s how much parents of newborns can expect to see—and the bill taxpayers may foot—from the formerly named MAGA Savings accounts.

Trump officially unveils ‘Trump Savings Accounts’: What to know about the $1,000 baby bonuses

Here’s how much parents of newborns can expect to see—and the bill taxpayers may foot—from the formerly named MAGA accounts.

  • By Derek Saul
  • Forbes Staff
Shares of Tesla dropped by more than 14% on Thursday as the relationship between Elon Musk and President Donald Trump’s appeared to unravel

Tesla plummets 14% in stock’s 11th-worst day ever as Musk’s feud with Trump escalates

Musk has called to “kill” Trump’s policy bill, criticizing the legislation as “massive, outrageous” and “pork-filled.”

  • By Ty Roush
  • Forbes Staff

Prisons must provide gender-affirming care for transgender inmates, judge rules—blocking Trump order

Trump issued an executive order blocking federal funds for “the purpose of conforming an inmate’s appearance to that of the opposite sex.”

  • By Ty Roush
  • Forbes Staff

Elon Musk is $170 billion richer since endorsing Trump

As Musk winds down at DOGE, he returns to a business empire flush with opportunities and fewer investigations—but new reputational challenges.

  • By John Hyatt
  • Forbes Staff
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