Errol Musk hopes to raise as much as $200 million for a planned for-profit think tank using proceeds from the cryptocurrency.

Errol Musk said the coin, the price of which has surged in the past 24 hours, would fund a new academic institute in Dubai.

DOGE director Elon Musk has shut out senior government workers and seized control of key workflows in the Office of Personnel Management, causing major security concerns, a source told Reuters. The Office of Personnel Management functions as the government’s human resources agency,