Categories Cryptocurrency

X Faces Cyberattack as Musk’s Ventures Encounter Rising Opposition

X Cyberattack Highlights Rising Security Threats for Elon Musk ’s Enterprises

Elon Musk On March 10, X faced a cyberattack, with more than 33,000 outage reports recorded. Musk confirmed the breach, linking it to coordinated threats against his businesses.

Political Repercussions for Tesla and DOGE

At least 10 Tesla stores have been vandalized, reportedly due to Musk’s political ties. His leadership at DOGE, where he has championed aggressive spending reductions, has also sparked controversy.

DOGE’s Budget Savings and SEC Scrutiny

Musk states that DOGE has saved $105 billion by cutting wasteful spending. The agency is now scrutinizing the SEC, pushing for greater transparency. With Trump’s administration expected to roll back prior regulations, major SEC changes could follow.

This cyberattack further demonstrates the growing challenges Musk faces in both business and politics.

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