Elon Musk’s political pivot to back away from his third-party effort comes after a very public falling out with President Donald Trump earlier this summer after he left as head of the Department

Meanwhile, Musk and Thiel have been close for well over a decade. Musk grew up in Apartheid South Africa, the same country where Thiel went to school in the '70s. Thiel co-founded PayPal and served as its CEO, while Musk was chief product architect. Thiel was also an early investor in SpaceX and Tesla.

In 2023, he made headlines when Elon Musk’s SpaceX hired him at just 14 years old, a “rare company,” Quazi said at the time, that didn’t use his age as an “arbitrary and outdated proxy for maturity and ability.”

Starbase, which Texas voters in Cameron County approved in May to become its own town, attracted some controversy in June when commissioners with the city of Starbase voted unanimously to close several of the city’s public streets to outsiders, angering longtime residents and property owners.

Sen. Elizabeth Warren (D-Mass.) has accused Elon Musk's SpaceX of benefiting from billions in U.S. government contracts while paying little to no federal taxes. Warren Accuses Musk Of Dodging Taxes On Monday,

There’s a new warning tucked into the tender offer for Elon Musk’s SpaceX: The billionaire may not be done with politics just yet.

SpaceX and Elon Musk just notched a significant win with President Donald Trump's latest executive order regarding commercial rocket launches.

SpaceX achieved a significant milestone in 2025, launching its 100th Falcon 9 mission, deploying 24 Starlink satellites and expanding its constellatio

SpaceX's Starship is regarded as the world's largest rocket. How does it compare in height to other launch vehicles from SpaceX, ULA or Blue Origin?

SpaceX officials have privately boasted to investors that a tax benefit signed into law by President Donald Trump means it may never have to pay federal income taxes, The New York Times reports. Trump signed the Tax Cuts and Jobs Act in 2017,

"Given the size of its net operating loss, the company almost surely didn't pay any federal tax for years," remarked Gregg Polsky, a tax law lecturer at New York University. "And it’s so large, it’s unlikely it has paid taxes even if it has had positive taxable income in recent years."