Elon Musk, the world's richest man and a prominent Republican megadonor, has announced a significant reduction in his political investments for future elections.

“F--- you! F--- you! F--- you!” Bessent reportedly yelled at Musk during a heated disagreement over who should get to pick the head of the Internal Revenue Service (IRS). The Daily Beast has contacted the Treasury Department for comment.

Media mogul Barry Diller recalled how the crowd loved Elon Musk at the US Open in September, but he isn't so sure they'd still feel that way in 2025.

Elon Musk’s social media platform X experienced a major outage on Saturday, affecting tens of thousands of users across the United States, Europe and other countries. According to Downdetector, a site that monitors service disruptions,

Elon Musk announced plans to significantly cut his political spending, signaling a shift away from his heavy support for Republican causes, including a reported $250 million donation to Donald Trump’s 2016 campaign.

Elon Musk’s pledge to step back from campaign spending — if he means it — is rippling across the nation’s political landscape. Some Republicans are worried that they might be losing their whale. Some Democrats fear they are losing their foil.