Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

1 Mins read

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States during a brief period in the 1990s while building a startup company.

The news outlet reported that Musk arrived in Palo Alto, California, in 1995 to attend Stanford University but never enrolled in his graduate studies program there. Instead, he developed software company Zip2, which sold in 1999 for around $300 million, according to the outlet.

Two immigration law experts quoted by the Post said Musk would have needed to be enrolled in a full course of study in order to maintain a valid work authorization as a student.

Musk did not respond to requests for comment sent to four of his companies – SpaceX, Tesla (NASDAQ:TSLA), the social media company X and The Boring Company – nor did Musk’s lawyer Alex Spiro.

Musk in a 2020 podcast cited by the Post said: “I was legally there, but I was meant to be doing student work. I was allowed to do work sort of supporting whatever.”

The Washington Post cited two former Musk colleagues who recalled Musk receiving his U.S. work authorization in or around 1997.

Musk has endorsed Republican presidential candidate Donald Trump in the Nov. 5 U.S. election.

Trump has for years portrayed migrants as invaders and criminals, and during his 2017-2021 presidency took stringent steps to curb legal and illegal migration. He is promising the biggest deportation effort in U.S. history if he is reelected.

This post appeared first on investing.com

Related posts
Economy

How investments may fare during Trump 2.0 and Fed easing

3 Mins read
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. investors are preparing for a swathe of changes in 2025, from tariffs and…
Economy

Biden launches new US trade probe into legacy Chinese chips

3 Mins read
By David Lawder WASHINGTON (Reuters) – The Biden administration on Monday announced a last-minute trade investigation into Chinese-made “legacy” semiconductors that could…
Economy

Fed’s Barr seeks legal advice amid speculation Trump might remove him, sources say

3 Mins read
By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against…

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.