Mar 29, 2025 - Politics & Policy

Musk shuffles $80 billion in assets, reshapes gov't — just another week at the office

Ben Berkowitz

Elon Musk in black SpaceX T-shirt shakes President Trump's hand with crowd in background — Elon Musk and President Trump at the men's NCAA wrestling competition at the Wells Fargo Center in Philadelphia on March 22. Photo: Brendan Smialowski/ AFP via Getty Images

What did you do this week? Did you restructure an entire country, sit for a national TV interview and casually reorganize about $80 billion of your own assets on the side?

If you did, you're Elon Musk. Otherwise, you're a regular human being.

The big picture: Musk is operating on a scale with little precedent in human history, and it's not entirely clear how.

Catch up quick: Last night's deal to merge his AI business, xAI, with his social media company, X, is the kind of thing that usually consumes all of a CEO's time.

But Musk did it while also running DOGE and its massive reshaping of the federal government — and not incidentally, leading other huge businesses like Tesla and SpaceX, which have their own issues lately.
Amid all that, he spared Fox News a few minutes for an interview this week in which he solemnly asserted "humanity is dying" (a long-standing cause of his, tied to birth rates).

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Musk shuffles $80 billion in assets, reshapes gov't — just another week at the office

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