Elon Musk may have bought control of the post-Trump Republican Party … but it cost him $30 billion of his net worth

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Good morning. On Fortune’s radar today:

  • Elon Musk may have bought control of the post-Trump Republican Party …
  • … But it cost him $30 billion, on paper.
  • AI is weirdly a mixed bag for U.S. GDP.
  • Markets: Good news in the U.S. is bad news for Asia.
  • The evidence for Anthropic’s business model isn’t quite there yet.
  • Americans are richer than they have ever been before.

This story was originally featured on Fortune.com

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