Elon Musk is a South African-born American technology entrepreneur, investor, and philanthropist best known for his role as a founder or co-founder of several high-profile technology firms. Since January 2025, he has worked in the second Trump administration as a White House advisor and as the de facto head of the U.S. Department of Government Efficiency (DOGE). 6, and was a regular donor to both Democratic and Republican Party candidates. 10 X.com merged in 2000 with another online financial services firm, changing its name to PayPal in 2001. 30 To afford this budget expenditure, the state of Nevada eliminated a tax break for insurance companies. According to the Zero Emission Vehicle Regulation, auto companies must earn a certain number of credits by manufacturing and selling zero-emission vehicles. California’s cap and tax program allows Tesla to sell their vehicle credits to other auto companies that do not meet their mandated credit quotas. Tesla has earned over $517 million by selling these environmental credits to competitors. 34
Elon Musk is the sole funder of the Musk Foundation, and has donated at least $257 million to the organization. 35
According to its website, the Musk Foundation makes grants in support of four areas: “renewable energy research and advocacy;” “human space exploration research and advocacy;” “pediatric research;” and “science and engineering education.”39
Musk is also a board member of World Spine Care, a multinational chiropractic service nonprofit; and World Space Week Association, the governing nonprofit which chooses the theme of the annual World Space Week holiday in October. 0){
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