Musk recently departed the Trump administration after leading the Department of Government Efficiency for four months.

The White House has said that President Donald Trump and members of his Cabinet will spearhead DOGE efforts following Elon Musk's exit.

Elon Musk may be spending more time at Tesla—but there's plenty going on at his other businesses, too. The Financial Times earlier Monday reported that xAI, known in part for the AI chatbot Grok, seeks to raise $300 million at a company valuation of $113 billion in a deal that would let employees sell shares.