Elon, Inc.

Elon Musk has been in Washington a few weeks now, and he and his team of Silicon Valley adjutants show no signs of stopping their efforts to (illegally, many legal experts say) dismantle portions of the federal government in the name of Donald Trump. This weekend, we discussed how the Tesla co-founder and far-right billionaire was given access to a central component of government—the mechanism by which the Treasury distributes trillions of dollars authorized by Congress.

Today, Max Chafkin discusses these historic events with Bloomberg reporters Dana Hull, Ted Mann and Anthony Cormier. Cormier co-reported a story on Musk’s effort to collapse the US Agency for International Development, which distributes humanitarian and development aid all over the world. In addition to the ramifications Musk’s unprecedented actions may have for the 249-year-old republic, we also consider what this all means for his finances.

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In a week of unprecedented action (and chaos) from both Elon Musk and the Trump administration, breaking news this weekend brought the Elon, Inc. team together for an emergency episode. The New York Times broke the news, and the Washington Post followed, that Musk’s Department of Government Efficiency was given access to the Treasury Department’s payment system. This system, which handles a big chunk of the government’s money transfers, including Social Security, is normally administered by a small number of non-political appointees, and it was reported that Musk’s desire to get in the gears drove a career Treasury official out of the department late this week.

This is a big deal. Musk has many apparent conflicts of interest, and beyond the finances, this is where sensitive information about American citizens is stored. To discuss this development, host Max Chafkin is joined by Sarah Frier, Big Tech editor; Kurt Wagner, social media reporter; and Dana Hull, who covers Musk for Bloomberg News.

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It’s that time of year: quarterly earnings for Tesla are tomorrow. Regular Elon, Inc. listeners will know that means a new bingo card is here (and you can play on the Bloomberg Terminal at BNGO). But that’s only one of the many breaking news items about Elon Musk—another is today’s announcement that Visa is partnering with X to deliver banking services to the social media platform. To discuss all of this, host David Papadopoulos is joined by Max Chafkin, Dana Hull and editor Craig Trudell to talk Tesla, and senior banking reporter Sridhar Natarajan to unpack X’s new debt deal.

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Just as mobile banking revolutionized our relationship with our money and led to a plethora of new tools for management and investing, the proliferation of crypto and blockchain technologies have opened up all manner of new investment opportunities that go far beyond what early Bitcoin adopters could’ve imagined.

This episode is sponsored by Coinbase.

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Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

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All eyes were on Washington, DC, this past weekend, when Elon Musk joined Donald Trump’s inauguration events bigly, as our once and current president would say. The news was flowing throughout, including changes to the nascent DOGE project and a very controversial hand gesture. Also controversial? Musk’s ongoing video game scandal, in which influential gamers have accused Musk of not actually getting to the upper echelon of a few games by himself. To discuss DC, host David Papadopoulos is joined by series regulars Max Chafkin and Dana Hull, and Bloomberg video game reporter Cecilia D’Anastasio later joins to talk about her new story on the affair.

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On Monday, Bloomberg News broke the story that Chinese officials were considering allowing Elon Musk to buy TikTok—something that, if it happened, would be earth-shaking for a whole host of reasons (though Elon, Inc. listeners heard us discuss the possibility months ago). Host Max Chafkin talks to Bloomberg social media reporter Kurt Wagner about what a Musk-owned TikTok could mean for the US (and China).

Then Bloomberg political writer Joshua Green joins Chafkin and Musk reporter Dana Hull to unpack the ongoing MAGA feud between two of America’s most famous far-right figures: Musk and Steve Bannon. 

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For those who haven’t been following Elon Musk’s voluminous and combative X posts about the UK—good for you. It’s a confusing situation where Musk backed and then renounced fellow right-winger Nigel Farage, and then tried to taint Prime Minister Keir Starmer with a “scandal” tied to when he was a prosecutor. Starmer, for his part, said “a line has been crossed” with Musk’s messaging. Musk then made an X poll asking people, essentially, if it was time for a coup in the UK. David discusses this with Bloomberg  Opinion columnist Marc Champion, Musk reporter Dana Hull and UK government reporter Alex Wickham.

Then, Kurt Wagner and Max Chafkin join Hull to talk about changes at X. Musk seems to have changed the platform’s policy to privilege posts that are “positive” in nature. The timing of this has the panel wondering if he plans on boosting people who are saying nice things about, say, how his new boss is doing come Jan. 20.

Finally, “Adrian Dittman.” It’s been a longstanding rumor that this person is actually Musk—his voice sounds like Musk’s in various recordings and he posts often about Musk in glowing terms. A recent story seemed to debunk that rumor, but the internet doesn’t seem ready to let go.

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Over the holiday break, Elon Musk was busy making news on X, furiously posting his way into a multipronged fight with ultra-right wing MAGA luminaries Laura Loomer and Steve Bannon about immigration visas. But over the past 24 hours, two other stories arguably overshadowed the civil war in Trumpland: a deadly Cybertruck explosion in Las Vegas and some surprisingly bad sales numbers from Tesla. David Papadopoulos is joined by Max Chafkin and Dana Hull to break down the news. 

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As we established in our last podcast—an episode recapping 12 months of ups and downs and ups for the world’s richest man—this was a unique year for Elon Musk. This week, our look back continues—along with a look forward—in the second part of a holiday special of Elon, Inc. 

Host Max Chafkin is joined by Elon Musk reporter Dana Hull, tech editor Sarah Frier and special guest Ryan Broderick, host of the podcast Panic World and founder of the Garbage Day newsletter. Together they play some games and handicap Musk’s next moves. 

On the game front, how well does the panel know Musk’s “eexing” (aka posting habits on X)? Can they identify who Joe Rogan is talking to—Musk, Donald Trump or a cryptozoologist? Can they determine the status of Trump’s relationship with his richest donor? We also get predictions not only from our panelists but from a slew of other personalities. How will Musk wield his new-found power as part of Trump’s second administration? Will there be more legal troubles? We try our best to prophesize.

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