US EditionDemocrats bank on Musk as midterm election liability
- On May 12, 2025, reports revealed that Elon Musk's companies SpaceX and xAI received 270 million euros in EU contracts and grants since 2017, primarily in space and AI sectors.
- The funding followed delays in Europe’s Ariane 6 rocket commissioning and complaints from competitors, prompting an internal EU audit amid political controversy over Musk’s influence.
- SpaceX provided launch services for satellites supporting the Galileo and Copernicus initiatives using its Falcon 9 rockets, while xAI received funding to develop artificial intelligence technologies aimed at environmental analysis and enhancing digital security in line with EU objectives.
- The audit did not identify any direct violations but pointed out that certain contracts were awarded without sufficient competitive tendering, prompting EU officials to commit to reviewing procurement procedures amid concerns about transparency.
- Critics, including European lawmakers, argue the EU’s dependence on Musk’s firms risks undermining strategic autonomy and strains EU-US tech relations amid Musk’s political controversies.
52 Articles
52 Articles
E-mails from Elon Musk constitute a moral harassment of a former Twitter employee, slices the French justice system
The Paris Court of Appeal heavily sanctioned Twitter France for the treatment of an employee after the acquisition of the social network by the US billionaire in 2022.
East Bay Times
The Mercury newsAnother sign that Elon Musk’s businesses are benefiting big from his role as Donald Trump’s ‘first buddy’
Analysis by Hadas Gold, CNN Elon Musk may be taking a step back from his full-time gig at the Trump administration’s Department of Government Efficiency. But his companies are still benefiting from the unprecedented relationship between the world’s richest man and the sitting US president. That message was on full display in Saudi Arabia on Tuesday, where Musk was part of a program of meetings and conversations held with business leaders such as…
Democrats bank on Musk as midterm election liability
Elon Musk has become as much of a political liability as an asset for Republicans as his full-time role at the White House winds down and midterm chatter ramps up. While Musk brings with him loads of cash and online clout that could be tempting for GOP candidates on the campaign trail, strategists and Democratic…
Another sign that Elon Musk's businesses are benefiting from his role as Trump's "first friend."
Analysis by Hadas Gold, CNN Elon Musk may be stepping back from his full-time job at the Trump administration's Department of Government Efficiency (DOGE). However, his companies continue to benefit from the unprecedented relationship between the world's richest man and the sitting US president. That message was on full display in Saudi Arabia on Tuesday, where Musk was part of a program of meetings and conversations with business leaders—includ…
European Union faces heat over millions paid to Musk firms
The European Union reportedly handed hundreds of millions of euros to companies belonging to the world's richest man, Elon Musk. EU lawmakers sought information from the European Commission asking for details about its funding to Musk-linked businesses. The European Commission said it paid around $176 million to automaker Tesla to build charging stations for electric cars in 2023. Watch in for more details!
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