Elon Musk News Today: May 29, 2025 – A Turning Point in Politics and Technology

Elon Musk's influence continues to reshape both the tech industry and political landscape. As of May 29, 2025, Musk has announced his departure from the Trump administration, citing disagreements over federal spending. This move marks a significant shift in his political involvement and raises questions about his future endeavors.

Departure from the Trump Administration

Elon Musk has officially exited his role as a senior advisor to President Donald Trump. His resignation follows a public dispute over Trump's $1.5 trillion "Big Beautiful Bill," a sweeping tax and infrastructure package. Musk criticized the bill's size and cost, stating, "I think a bill can be big or it can be beautiful, but I don't know if it can be both." He expressed disappointment over the lack of fiscal discipline, which he believes undermines efforts to reduce government spending and debt .

In a statement on X (formerly Twitter), Musk thanked President Trump for the opportunity to serve and emphasized that his mission with Doge, a blockchain-based initiative aimed at reducing government inefficiency, will continue independently. He described his tenure as a "victory for fiscal conservatism" and reiterated his commitment to technological innovation as a means of achieving governmental reform .

Legal Challenges and Public Backlash

Musk's involvement in government affairs has not been without controversy. A federal judge recently ruled that a lawsuit challenging Musk's influence over government spending and his promotion of Doge can proceed. The lawsuit alleges that Musk's actions amount to unconstitutional interference in federal budgeting processes .

Public opinion is divided. Supporters view Musk as a champion of fiscal responsibility and innovation, while critics argue that his private ventures and personal interests have inappropriately influenced public policy. The legal proceedings will likely continue to scrutinize the extent of Musk's involvement in governmental decisions.

SpaceX's Setbacks and Future Plans

In the aerospace sector, SpaceX, under Musk's leadership, has faced technical challenges. The latest test flight of the Starship rocket did not meet critical performance objectives, leading to concerns about the timeline for Mars missions. Musk had previously announced plans to launch a crewed mission to Mars in 2026, but recent developments suggest that this goal may be delayed .

Despite these setbacks, Musk remains optimistic. He has emphasized that such challenges are part of the iterative process of space exploration and reaffirmed his commitment to advancing humanity's presence on Mars.

xAI and the Future of Artificial Intelligence

On the technology front, Musk's xAI continues to make strides in artificial intelligence. The company recently acquired X Corp., the parent company of the social media platform X, in an all-stock deal valued at $33 billion. This acquisition consolidates Musk's influence over both AI development and digital communication platforms .

xAI's ambitious project, Colossus, the world's largest supercomputer, is now fully operational in Memphis, Tennessee. While the project has faced environmental scrutiny due to its high energy consumption and the use of gas-powered generators, Musk has defended the initiative as a necessary step toward achieving advanced AI capabilities .

Global Political Engagement

Beyond the United States, Musk has expanded his political influence internationally. In early 2025, he publicly endorsed Spain's right-wing party, Vox, predicting its success in the upcoming elections. His support was based on shared values regarding deregulation and opposition to restrictive European Union policies. This endorsement has sparked debate about Musk's growing involvement in global political movements and the potential implications for his business interests, particularly in sectors like lithium mining, which is crucial for Tesla's battery production .

Summary Table

Key Takeaways

• Political Shift: Musk's departure from the Trump administration signals a reevaluation of his role in U.S. politics, particularly concerning fiscal policies.

• Legal Scrutiny: Ongoing legal challenges may impact Musk's ability to influence government spending and policy.

• Space Exploration Delays: Technical setbacks with Starship could delay Musk's ambitious plans for Mars exploration.

• AI Developments: The consolidation of xAI and X Corp. positions Musk at the forefront of AI and digital communication technologies.

• Global Influence: Musk's international political engagements reflect his expanding influence beyond the United States.

Conclusion

Elon Musk continues to be a defining figure in both the technology and political arenas. His decision to step down from the Trump administration over disagreements about massive federal spending highlights a growing tension between private innovation and public policy. At the same time, Musk’s ventures—ranging from space exploration with SpaceX, AI development through xAI, and political endorsements across the globe—demonstrate his expanding influence and ambition.