Today’s Forbes Daily newsletter covers annual Midas List of venture capitalists, Musk’s ROI, Trump extends EU tariffs, Southwest checked bag policy update and more.

Musk, who owns Tesla and SpaceX, spent almost $100 million more than the second biggest contributor, American businessman Timothy Mellon, and millions more than the other top 10 contributors in 2024, ...

Tech billionaire Elon Musk is prompting questions about his next steps as he signals he might wind down his political activity. Last week, the Tesla CEO said he’s planning to scale back his ...

The article discusses Elon Musk’s announced shift from his role in the Trump administration’s Department of Government ...

As he retreats from Washington, Elon Musk says he will spend “a lot less” on politics. Close advisers say he is eager to ...

The world's richest man predicted he'd do 'a lot less' electoral financing moving forward. Has Washington seen the last of ...

Michigan members of the House broke along party lines in advancing a bill that cuts taxes, Medicaid, and could swell deficits.

The Federal Trade Commission is launching an investigation into Media Matters, a nonprofit organization also being sued by ...

The billionaire’s strategy to turbocharge his global health drive could be undermined by political reality, as the US and ...

Elon Musk's AI chatbot offered a harsh and blunt analysis of President Donald Trump's "big beautiful bill," saying it's "likely to increase the budget deficit." ...

Billionaire says he has ‘done enough’ but will be missed in Washington by politicians on both sides of the aisle ...

Elon Musk’s pledge to step back from campaign spending — if he means it — is rippling across the nation’s political landscape. Some Republicans are worried that they might be losing their whale. Some ...