The billionaire Tesla and SpaceX founder was initially expected to take an office in the Eisenhower Executive Office Building, which is in the White House complex, but not the West Wing.

Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.

Elon Musk could occupy space in the Eisenhower Executive Office Building next to the West Wing to head up the newly created Department of Government Efficiency, known as DOGE.

The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers

President Joe Biden’s warnings Wednesday night about social media misinformation, the tech-industrial complex and the concentration of wealth and power struck many as a not-so-subtle shot across the bow at Elon Musk,

"Magnificent Seven" stocks — the market darlings responsible for more than half of the S&P 500’s ( ^GSPC) 25% return in 2024 — may be poised for further gains as President-elect Donald Trump returns to the White House.

Vice President Kamala Harris and second gentleman Doug Emhoff have arrived at the White House. They exchanged handshakes with President Joe Biden and first lady Jill Biden. The Trumps will soon join Biden at the White House for tea. They have just exited St. John's Episcopal Church.

Days after fawning over what tech magnate Elon Musk’s deep pockets could do for the MAGA movement, Steve Bannon went berserk on the world’s richest man and vowed to limit his White House influence.

While thanking a crowd following President Trump's inauguration, Musk put his hand to his heart and raised it up at an angle that had many googling "nazi salute."

Over the course of the first trading day of his presidency, major indices rose, several—but not all—megacap tech stocks saw their share prices increase. Nvidia, whose market cap surpassed Apple’s last year,

Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat of the bruising trade war that drove a wedge between the economic superpowers during his first term.