Report: Musk May Avoid Over $2B in Liabilities Due to DOGE

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APR 29

Above: Elon Musk on the South Lawn of the White House on March 9, 2025. Image copyright: Samuel Corum/Stringer/Getty Images News via Getty Images

story last updated APR 29

The Spin

Republican narrative

The allegations against Musk are total fabrications. He has never used his position as an advisor to the president and head of DOGE for personal profit or the benefit of his companies. The memorandum is nothing more than an attempt to smear Musk's name in light of his efforts to tackle government waste and inefficiency.

The Hill CNBC

Democratic narrative

The memorandum reveals what many have already suspected: Musk likely used the powers granted to him by Trump to pursue his own agenda. He may have shamelessly dodged liabilities worth at least $2.37 billion through DOGE. In light of the Democrat's revelations, the government must urgently reassess its relationship with the billionaire.

Documentcloud U.S. Senate Committee on Homeland Security & Governmental Affairs