Elizabeth Warren claims Musk enriched himself to the tune of $100B during his time in the White House
Source: The Independent
Thursday 05 June 2025 11:12 BST
Senator Elizabeth Warren has accused Elon Musk of using his role in the Donald Trump administration to increase his net worth by $100 billion, issuing a report that cites more than 100 instances in which he might have benefited financially from his position.
The world’s richest man’s 130-day tenure as a special government employee came to an end on Friday, drawing a line under a chaotic four months in which he led DOGE in its mission to cut excess spending, waste, and fraud and oversaw the mass firing of tens of thousands of federal employees.
Senator Warren has greeted his departure from the political scene with the publication of a new report alleging large-scale profiteering during his time in Washington, entitled: Special Interests Over the Public Interest: Elon Musk’s 130 Days in the Trump Administration. “Before Trump took office, Musk’s companies faced at least $2.37bn in potential liability from pending agency enforcement actions,” her report states. “Now many of those enforcement actions have stalled or been dismissed.”
She continues: “Musk’s companies have received or are being considered for large contracts with the federal government, with foreign governments, and with other private sector companies. “Musk and individuals acting on his behalf have been involved in dozens of questionable actions that raise questions about corruption, ethics, and conflicts of interest.”
Read more: https://www.independent.co.uk/news/world/americas/us-politics/elizabeth-warren-elon-musk-doge-report-b2764182.html
Link to Senator Warren PRESS RELEASE - NEW Warren Report: Special Interests over the Public Interest: Elon Musk's 130 Days in the Trump Administration
Link to Senator Warren REPORT (PDF) - https://www.warren.senate.gov/imo/media/doc/130_days_of_elon_musk_report.pdf