Elon Musk’s expansive portfolio of companies could avoid more than $2.37 billion in potential legal liability due to his unprecedented influence over the US government, a new Senate report finds.

Elon Musk’s Department of Government Efficiency has been Donald Trump’s battering ram during the president’s first 100 days, slashing the federal government and trying to bend its remnants to Trump’s will.

Elon Musk’s plans to wind down his work at the Department of Government Efficiency (DOGE) are raising questions about the future of the cost-cutting push that has defined his brief but controversial tenure in the administration.