Technology2/27/2026•NYT

Elon Musk’s Secret Web of Companies in Texas

Elon Musk’s Secret Web of Companies in Texas

Elon Musk, the billionaire CEO of Tesla and SpaceX, has established a complex network of companies in the state of Texas. According to a New York Times investigation, Musk's corporate empire in Texas includes approximately 90 entities, which he utilizes for a wide range of purposes, from compensating nannies to purchasing land and even supporting former US President Donald Trump's re-election campaign. The report highlights Musk's strategic use of these companies to centralize his various business interests and personal affairs within the state. This intricate web of companies allows the megabillionaire to maintain a level of privacy and control over his operations, which may have implications for transparency and accountability. The article provides a glimpse into the complexities of Musk's business dealings and the extent to which he has established a significant presence in Texas, a state that has been actively courting high-profile companies and individuals to relocate or expand their operations within its borders.

Source: For the complete article, please visit the original source link below.

Source: NYTEnhanced summary
Share:

Related Articles

Scaling agentic AI means trusting your data - here's what most CDOs are investing in
💻 TechnologyMar 6•1 min read

Scaling agentic AI means trusting your data - here's what most CDOs are investing in

Vibrations from F1 car raise fears of driver nerve damage
💻 TechnologyMar 6•1 min read

Vibrations from F1 car raise fears of driver nerve damage

Anthropic to challenge DOD’s supply chain label in court
💻 TechnologyMar 6•1 min read

Anthropic to challenge DOD’s supply chain label in court

Amazon.com says things are fixed after some issues with logging in and checking out
💻 TechnologyMar 6•1 min read

Amazon.com says things are fixed after some issues with logging in and checking out

Pentagon Officially Notifies Anthropic It Is a ‘Supply Chain Risk’
💻 TechnologyMar 6•1 min read

Pentagon Officially Notifies Anthropic It Is a ‘Supply Chain Risk’

Wiim Sound review: This smart speaker is so close to fully replacing my Sonos
💻 TechnologyMar 6•1 min read

Wiim Sound review: This smart speaker is so close to fully replacing my Sonos