Tesla, the jewel of Musk’s public holdings, has paid the price. The electric vehicle company has shed over $350 billion in market cap since the start of the year. X, formerly known as Twitter, hasn’t fared much better: its AI chatbot Grok has been caught spewing antisemitic content, and CEO Linda Yaccarino just announced her resignation on July 9.

Linda Yaccarino, who has led the Texas-based company since 2023, announced Wednesday she’s stepping down. She didn’t state a reason.

Yaccarino led X through a tumultuous period as the social network tried to rebuild its relationship with brands concerned that their ads could show up next to offensive content.

Musk has conducted polls on whether he should sell his Tesla stock or to reinstate President Donald Trump to the platform.

Elon Musk says he has formed a new political party called the America Party. But it remains unclear what formal steps, if any, he has taken to establish it.

After a groundbreaking mission to the International Space Station with the Crew Dragon capsule, Elon Musk has shifted SpaceX’s primary focus to its ambitious Starship program. Musk recently emphasized the urgency of accelerating the development of Starship,

Elon Musk's net worth of $367 billion makes him the world's richest person. His wealth is closely tied to shares of his car company, Tesla.