Meanwhile, when Musk joined the Trump administration, 11 federal agencies had “more than 32 continuing investigations, pending complaints or enforcement actions into Mr. Musk’s six companies,” according to the Times. The Musk-led assault on the federal bureaucracy dramatically weakened those agencies, throwing the future of many of those investigations into doubt. Meanwhile, Musk set up Starlink in the White House at the same time Trump ambassadors pushed Starlink in Africa. He used his proximity to Trump to boost the valuation of X, which he absorbed into xAI at an inflated valuation, and introduced Grok AI to the federal government. He attempted to block an OpenAI deal with the United Arab Emirates unless that same deal would benefit xAI. A report by Senate Democrats found that Musk’s cost-cutting measures protected him from up to $2.37 billion in legal liability from US agencies. This is why I could never take seriously reports that Musk planned to step back from politics and become “super focused” on his companies. He was super focused on his companies the whole time.
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