CNBC: Elon Musk says he regrets some social media posts he made about Trump

  • Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week.
  • Musk and Trump had engaged in an explosive public feud over social media.
  • It was largely triggered by Musk’s opposition to the Trump-backed “One Big Beautiful Bill Act” tax and spending bill.

Tech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week during an explosive public dispute with his former close ally.

A post in which Musk replied “yes” to a social media user calling for Trump to be impeached and replaced with Vice President JD Vance also appeared to have been deleted.

In turn, Trump on Monday said he was planning to retain the Starlink technology, a satellite internet service that is part of Musk’s SpaceX, at the White House.

Are the cry babies getting along again?

https://www.cnbc.com/2025/06/11/elon-musk-says-he-regrets-some-social-media-posts-during-trump-showdown.html

Alternet: ‘Corrupt’ Trump official used new access for personal gain 100 times in first 5 months: report

Sen. Elizabeth Warren, the Democrat from Massachusetts, on Tuesday released a report chronicling over 100 examples of “unethical or potentially corrupt actions” that either benefit billionaire Elon Musk or one of his companies and which took place while Musk played a key role in the Trump administration.

According to the report, the past few months have been very profitable for Musk, who officially departed the White House last week. “Since Election Day, Musk’s staggering net worth has increased by over $100 billion,” the report states.

https://www.alternet.org/trump-administration-corrupt

Techdirt: Trump Administration Tells Supreme Court DOGE Can’t Be FOIAed

The destructive force that is DOGE still somehow manages to exist, despite it not being (depending on which claim is made and when) an official federal agency and/or overseen by anyone specifically identifiable as the head of DOGE.

Until recently, everyone — including Donald Trump — knew (and said as much in public) that DOGE was both a government agency and headed by Elon Musk. When the lawsuits started flying, the backtracking began by the administration, which apparently thought it could cover its tracks by walking backwards in its golf-cleated clown shows.

Trump’s love for DOGE has managed to undercut the protections DOGE hoped it would be able to avail itself of when the FOIA requests began pouring in and the discovery demands started hitting federal dockets.

The Hill: Musk drug use on campaign trail sparked concerns: Report

Alleged drug use by tech billionaire and close President Trump ally Elon Musk on the campaign trail during the 2024 presidential election has sparked concerns, according to an explosive New York Times report published Friday morning

The article comes as Musk is exiting the Trump administration after a whirlwind several months in which he led efforts to cut down on the government’s size.

Musk told people he was using ketamine so often that it was impacting his bladder, along with utilizing psychedelic mushrooms and taking ecstasy, the Times reported.

https://thehill.com/homenews/administration/5325589-elon-musk-drug-use-reports

New York Times: As Trumps Monetize Presidency, Profits Outstrip Protests

The president and his family have monetized the White House more than any other occupant, normalizing activities that once would have provoked heavy blowback and official investigations.

When Hillary Clinton was first lady, a furor erupted over reports that she had once made $100,000 from a $1,000 investment in cattle futures. Even though it had happened a dozen years before her husband became president, it became a scandal that lasted weeks and forced the White House to initiate a review.

Thirty-one years later, after dinner at Mar-a-Lago, Jeff Bezos agreed to finance a promotional film about Melania Trump that will reportedly put $28 million directly in her pocket — 280 times the Clinton lucre and in this case from a person with a vested interest in policies set by her husband’s government. Scandal? Furor? Washington moved on while barely taking notice.

The Trumps are hardly the first presidential family to profit from their time in power, but they have done more to monetize the presidency than anyone who has ever occupied the White House. The scale and the scope of the presidential mercantilism has been breathtaking. The Trump family and its business partners have collected $320 million in fees from a new cryptocurrency, brokered overseas real estate deals worth billions of dollars and are opening an exclusive club in Washington called the Executive Branch charging $500,000 apiece to join, all in the past few months alone.

Just last week, Qatar handed over a luxury jet meant for Mr. Trump’s use not just in his official capacity but also for his presidential library after he leaves office. Experts have valued the plane, formally donated to the Air Force, at $200 million, more than all of the foreign gifts bestowed on all previous American presidents combined.

And Mr. Trump hosted an exclusive dinner at his Virginia club for 220 investors in the $TRUMP cryptocurrency that he started days before taking office in January. Access was openly sold based on how much money they chipped in — not to a campaign account but to a business that benefits Mr. Trump personally.

https://www.nytimes.com/2025/05/25/us/politics/trump-money-plane-crypto.html

Independent: Furious Democrats call for investigation into Musk’s bid to help build Trump’s ‘$500 billion’ Golden Dome project

Forty-two members of the opposition write to Pentagon’s Inspector General to raise conflict of interest concerns over SpaceX’s potential involvement in anti-missile project

A group of 42 Democrats has written to the Pentagon’s Inspector General demanding an investigation after it was reported that Elon Musk’s company, SpaceX, could win a lucrative contract to help build President Donald Trump’s new “Golden Dome” anti-missile defense system.

Senators Elizabeth WarrenCory Booker, and Tammy Duckworth have responded by expressing their concerns in a letter to acting Pentagon Inspector General Steven A Stebbins, demanding transparency about the bidding process.

“Mr Musk’s formal or informal participation in any process to award a government contract raises serious conflict of interest concerns, including the possibility that SpaceX is a top contender for the Golden Dome contract because of Mr Musk’s position in the government,” they wrote.

The project, inspired by Israel’s “Iron Dome”, was announced by President Trump and Defense Secretary Pete Hegseth at the White House on Tuesday. The president promised it would be “fully operational” before he leaves office in January 2029 and capable of intercepting rockets, “even if they are launched from space.”

The independent Congressional Budget Office has warned that the project could cost as much as $524bn and take 20 years to build. Trump dismissed that estimate, putting the price tag closer to $175bn and insisting it could be completed in just three years, beginning with a $25bn grant to kickstart the development. That effort will be steered by Space Force General Michael Guetlein and “the brightest minds” in Silicon Valley, he said without naming the former DOGE leader.

I smell a crooked deal in the works, with the “winning” bidder already selected.

https://www.the-independent.com/news/world/americas/us-politics/elon-musk-golden-dome-trump-democrats-b2755109.html

Alternet: ‘Gross usurpation of power’: Judge rips Trump in ruling striking down agency takeover

In a strongly worded ruling against Tesla and SpaceX CEO Elon Musk’s Department of Government Efficiency (DOGE) and its takeover of the U.S. Institute of Peace (USIP), U.S. District Judge Beryl Howell said that the move “represented a gross usurpation of power.”

According to the Hill, the judge also issued an injunction barring officials from DOGE and other Trump administration representatives from accessing USIP’s facilities or systems, effectively halting their involvement with the institute.

The order nullified the administration’s decision to dismiss the USIP board members and its president, confirming that they continue to hold their official roles. The appointment of individuals by DOGE was also overturned, requiring their removal from the board.

The judge said President Donald Trump and his subordinates used “acts of force” and threatened officers.

“The President’s efforts here to take over an organization outside of those bounds, contrary to statute established by Congress and by acts of force and threat using local and federal law enforcement officers, represented a gross usurpation of power and a way of conducting government affairs that unnecessarily traumatized the committed leadership and employees of USIP, who deserved better,” Howell said in the ruling.

https://www.alternet.org/usip-takeover-doge

Business Insider: ‘A flashing red light’: how Donald Trump Jr. is cashing in on his dad’s presidency

Last November, only six days after his father was elected president, Donald Trump Jr. made a career move that, on the surface at least, seemed a bit odd. He became a partner in a small investment startup called 1789 Capital, which is based in Palm Beach, Florida, 2 miles from Mar-a-Lago. At that point, 1789 was a microscopic player in the world of venture capital. It had raised less than $200 million, and it hadn’t made many investments beyond leading a group that put $15 million into Tucker Carlson’s new media company. Its goal, according to its founders, is to create a “parallel economy,” investing in “anti-woke” businesses that align with MAGA values.

Ever since Trump joined 1789, its portfolio has begun to blossom. Despite its tiny size, the firm has been granted shares in several coveted offerings, including Elon Musk’s SpaceX. The shares, which are widely viewed as an almost certain home run, are essentially an insider deal: To participate in the offering, you typically have to receive an invitation from someone already in the club. In addition, 1789 has invested in Musk’s artificial intelligence company, xAI, as well as a handful of startups that have received or are vying for contracts from the Defense Department. Almost overnight, a VC firm involving the president’s son has become a significant beneficiary of the federal bureaucracy long derided by President Trump as “the swamp.”

https://www.businessinsider.com/donald-trump-jr-making-money-trump-presidency-1789-capital-2025-5

Alternet: ‘A way for Mar-A-Lago to get paid’: Don Jr.’s role in ‘anti-woke’ firm ‘raises serious questions’

In November 2024, Donald Trump Jr. became a partner in a Palm Beach, Florida-based investment firm startup named 1789 Capital. And its stated goal was to invest in “anti-woke” businesses.

The company has grown since then. And according to Business Insider reporter Bethany McLean, 1789 is raising questions about the possibility of President Donald Trump’s family “improperly making money by funneling government business to the companies it invests in.”

In an article published on May 12, McLean reports, “It’s not just legal experts who have concerns about the money flowing to Don Jr. One veteran Wall Street investor, who has personally reviewed 1789’s deals, says they enable the president’s son to profit from the (Trump) Administration’s actions — even if no contractors are given preferential treatment.”

https://www.alternet.org/don-jr-1789-musk

Washington Post: U.S. pushes nations facing tariffs to approve Musk’s Starlink, cables show

Some countries have turned to the satellite internet firm in conjunction with trade talks, State Department staffers wrote. The U.S. has a strategic interest in countering Chinese internet providers, but Musk’s role complicates the picture.

Corruption at its finest!

Less than two weeks after President Donald Trump announced 50 percent tariffs on goods from the tiny African nation of Lesotho, the country’s communications regulator held a meeting with representatives of Starlink.

The satellite business, owned by billionaire and Trump adviser Elon Musk’s SpaceX company, had been seeking access to customers in Lesotho. But it was not until Trump unveiled the tariffs and called for negotiations over trade deals that leaders of the country of roughly 2 million people awarded Musk’s firm the nation’s first-ever satellite internet service license, slated to last for 10 years.

The decision drew a mention in an internal State Department memo obtained by The Washington Post, which states: “As the government of Lesotho negotiates a trade deal with the United States, it hopes that licensing Starlink demonstrates goodwill and intent to welcome U.S. businesses.”

Lesotho is far from the only country that has decided to assist Musk’s firm while trying to fend off U.S. tariffs. The company reached distribution deals with two providers in India in March and has won at least partial accommodations with Somalia, the Democratic Republic of Congo, Bangladesh, Pakistan and Vietnam, although this is probably not a comprehensive count.

Hopefully there will be some prosecutions after the 2028 elections!

https://www.washingtonpost.com/business/2025/05/07/elon-musk-starlink-trump-tariffs