Musk vs. Trump: Who wins the billion -dollar power struggle?

Find out more about Elon Musk's innovative companies, controversy and his current assets at the start of June 8, 2025.
Find out more about Elon Musk's innovative companies, controversy and his current assets at the start of June 8, 2025. (Symbolbild/NAG)

Musk vs. Trump: Who wins the billion -dollar power struggle?

Pretoria, Südafrika - Elon Musk, the South African-Canadian-American entrepreneur and billionaire, is once again in the headlines. Born on June 28, 1971 in Pretoria, South Africa, Musk has achieved significant wealth through numerous innovative activities. His esteemed assets amount to around $ 327.3 billion (as of March 2025), which makes him one of the richest people in the world. Despite his success, he is increasingly criticized for his radical statements and conspiracy theories that brought him the loss of advertising partners.

Musk's entrepreneur career began in 1995 with the foundation of ZIP2, a software company that was sold in 1999 for $ 307 million. This was followed by PayPal, which Musk sold in 2002 for around $ 180 million on Ebay. In 2002 he founded SpaceX, a company that revolutionized the space industry, and in 2004 he took over Tesla, where he advanced the development of electric vehicles. Musk has also realized his visions in other innovative projects such as Neuralink and The Boring Company.

political tensions and contractual risks

This week, the relationship between Musk and the former President Donald Trump significantly deteriorated. Musk described Trump's comprehensive tax and expenditure package as "abomination", which ended in a public feud. Trump, who described Musk as "crazy", threatened to terminate the state subsidies and contracts for Musks companies. SpaceX currently has around $ 22 billion in federal contracts, especially with NASA, which would be at risk from the end of the collaboration.

Musk initially threatened to decorate the Dragon room, but later withdrew this threat. These developments could have a significant impact on the entire US space industry, while Tesla is already suffering from falling sales in the EU and China. In fact, the Tesla share prices have fallen by 14% since the beginning of the year, despite an increase of over 80% in 2024 when confidence in Musk's support for Trump.

criticism and controversy

Musk's way was not free of controversy. He faces allegations of anti -Semitism because he has approved contributions with anti -Semitic conspiracy theories. He also criticized the focus on German guilt and expressed abrasion about concerned citizens during the Corona pandemic. His trans daughter, Vivian Jenna Wilson, has distanced himself from him, which arouses additional public interest in Musk's private life.

In the private sector, Musk has a total of 14 children of four different women. Despite his intensive working life, he remains actively in the family and admitted to being a passionate player of video games, even if he stood in cheating.

The ambitions and the behavior of Elon Musk, both in economic and political terms, find a broad response in society and reveal the question of how his constant influence on technology and politics will develop.

For more information about Elon Musk and his career, read the detailed reporting on KN-Online.de , The latest developments on deseret.com and the comprehensive background information on Company.ch .

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OrtPretoria, Südafrika
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