News
Elon Musk stays politically neutral this year with zero campaign contributions
His messages of support to Andrew Yang’s (and Kanye West’s) presidential bids aside, Elon Musk has remained rather silent about his stance on the upcoming 2020 US Presidential Elections as of late. Musk did note during his appearance at Kara Swisher’s Sway podcast in September that he would be watching the presidential debates, but apart from that, the CEO has been relatively quiet, instead focusing on Tesla and SpaceX’s projects, as well as his trademark humor, on Twitter.
Musk’s apparent intentions to remain politically neutral this year are highlighted by the fact that he has donated nothing to either presidential candidate to date. The Tesla and SpaceX CEO is currently ranked as the 5th-richest person in the world with a net worth of $90.3 billion, but federal filings indicate that he has not sent any political donations at all this year. Musk’s last donation to a presidential candidate was posted five years ago, when he gave $5,000 to Hillary for America.
As noted by Forbes, Musk’s neutral stance on US politics this election cycle is quite interesting, especially considering that at least 100 billionaires and their spouses have made six-figure donations to committees supporting either Donald Trump or Joe Biden, the presidential candidates of the Republican and Democratic parties. A representative for Musk has declined to comment on the CEO’s political leanings.
Interestingly enough, Musk did catch some flak for his previous political donations in the past, particularly a $38,900 donation to GOP PAC Protect the House in 2018. What Musk’s critics seemed to have neglected to mention then was that the CEO also donated $70,300 combined to the Democratic Victory Fund, the Democratic Senatorial Campaign Committee, and the Democratic Congressional Campaign Committee the same year.
This was highlighted by Musk on Twitter, when he debunked claims that he was a top donor to the GOP. “Reports that I am a top donor to GOP are categorically false. I am not a top donor to any political party,” he wrote.
Overall, 2020 marks the first year where Musk did not post any political contributions. Since becoming an American citizen in 2002, Musk has contributed to politics, though his donations have never broken the six-figure barrier until 2018. Since then, Musk had only donated $5,000 in January 2019 to SpaceX’s political action committee, the Space Exploration Technologies Corp. PAC, which has raised $667,010 since that date. It remains to be seen if Musk’s no-donation stance would continue in the coming years.
Musk is a registered independent, though he has attracted the ire of several politicians in recent months. At the same time, he has also garnered support from both sides of the aisle. This became particularly notable back in May when Musk’s efforts to reopen Tesla’s Fremont Factory received support from high-profile politicians from both the Republican and the Democratic parties. In the days leading up to the Fremont Factory’s reopening, for example, both US President Donald Trump and House Speaker Nancy Pelosi expressed their support for the CEO’s initiative.
Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
