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

  • #United States of America
  • #Politics
Report: Musk May Avoid Over $2B in Liabilities Due to DOGE
story
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 HillCNBC

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.

DocumentcloudU.S. Senate Committee on Homeland Security & Governmental Affairs

Metaculus Prediction


Public Figures

Elon Musk

Steven Cheung


The Controversies


UNLIKELYLIKELY
Status:Resolved
Will Musk Join the Trump Administration?
Controversy
APR 29APR 29

UNLIKELYLIKELY
Status:Open
Will the US Department of Education Be Dissolved Under Trump?
Controversy
APR 29APR 29

Political split

LEFT

RIGHT

Elon Musk’s DOGE ties could get his companies out of $2 billion in potential liability
VergeMAY 3
Elon Musk’s Doge conflicts of interest worth $2.37bn, Senate report says
GuardianMAY 3
Musk ‘finds’ his savings: Dems accuse DOGE cuts of saving tech mogul $2bn in tax liabilities
IndependentMAY 3

More neutral political stance articles

DOGE cuts could help Elon Musk companies avoid $2 billion in liabilities: Senate report
CNBCMAY 3