Business
Elon Musk, Reid Hoffman clash over Jeffrey Epstein ties on social media
Rep. Jim Jordan discusses the Clintons’ agreement to testify in the House’s Epstein probe.
An ongoing dispute between Elon Musk and LinkedIn co-founder Reid Hoffman has erupted on social media, renewing scrutiny of the tech titans’ past associations with the late financier and convicted sex offender Jeffrey Epstein.
The public spat intensified following renewed attention to Epstein’s network and the latest release of Justice Department documents related to the case.

A side by side photo of Elon Musk and Reid Hoffman as the two tech titans trade barbs on social media. (Marc Piaseck/Dominik Bindl/Getty Images / Getty Images)
Both billionaires shared screenshots of emails drawn from the roughly 3 million pages of records as they traded accusations and defended their respective accounts of their interactions with Epstein.
Hoffman posted a 2012 email from Musk to Epstein asking which “day/night will be the wildest party on your island?”
The pointed barbs come with a history.
Musk and Hoffman were once part of the so-called “PayPal mafia,” a group of early PayPal leaders who went on to found or invest in some of Silicon Valley’s most successful companies. In recent years, however, the two have clashed publicly over politics and tech policy.
Responding to Hoffman’s post on X, Musk said he never followed through on any visit.
EPSTEIN EMAILS REVEAL BEHIND-THE-SCENES TALK OF FIRING FED CHAIR POWELL

Elon Musk, CEO of SpaceX and Tesla and owner of X, has previously downplayed having a personal relationship with Epstein. (Gonzalo Fuentes/File Photo/Reuters / Reuters Photos)
“The big difference between you and me, Reid, is that you went and I did not,” Musk wrote on X, referring to Epstein’s private island, a location tied to allegations of sexual abuse and trafficking of children and teens.
“In fact, you went multiple times. First time was maybe a mistake, but not the second time you went,” the Tesla and SpaceX boss wrote.
Musk later said he “came to [his] senses and declined to go,” adding that Epstein “tried to get me to go to his island so many times that eventually I just blocked him.”
Hoffman pushed back on Musk’s accusations, arguing that his dealings with Epstein were tied to fundraising for the MIT Media Lab rather than any personal relationship. He acknowledged the association was a mistake and said he regrets any involvement with Epstein.
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The renewed clash has once again drawn attention to Epstein’s vast network of powerful associates and the lingering questions surrounding those who had contact with him.
While both men insist their ties were limited, the public exchange underscores how associations with Epstein continue to carry reputational and political consequences years after his death.
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‘Singles tax’ costs Americans living alone $10,470 annually in extra expenses
Altman Brothers Real Estate owner Josh Altman discusses the rising cost of California real estate on Varney & Co.
Americans who live alone are paying a five-figure “singles tax” amid rising rents around the nation, a new analysis finds.
Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone and don’t have one or more roommates to split the bill with.
The premium paid by solo renters was dubbed the “singles tax” by Zillow, which found that the national average singles tax amounts to $10,470 per year.
“When you’re living alone, you’re covering the full rent on one income and that can add up fast,” said Emily Smith, Zillow rental trends expert. “Apartments often make living solo more attainable, while also offering shared spaces that help people feel connected.”
HOUSING MARKET COOLS AS PRICE GROWTH HITS SLOWEST PACE SINCE GREAT RECESSION RECOVERY

New York City had the largest “singles tax” in Zillow’s data, which amounted to $23,400 per year. (Thomas Trutschel/Photothek via Getty Images / Getty Images)
New York City tops the list of areas with the highest singles tax, as the Big Apple’s typical apartment rent of $3,900 a month amounts to a singles tax of $23,400 for the year.
San Jose ranked second, with a typical rent of $3,248 a month and a singles tax of $19,488 per year. Boston was close behind in third, with the typical rent in the city amounting to $3,014 a month and resulting in a singles tax of $18,084.
A pair of California cities rounded out the top five, with San Francisco in fourth based on a typical rent of $2,857 and a singles tax of $17,142, while Los Angeles ranked fifth with a typical monthly rent of $2,648 and a singles tax of $15,888.
HOMEBUYERS GAIN UPPER HAND IN 3 MAJOR CITIES AS INVENTORIES GROW

San Francisco ranked fourth on Zillow’s list with a “singles tax” of $17,142 per year. (Photo by Justin Sullivan/Getty Images / Getty Images)
Renters who pair up their living arrangement with a partner derive what Zillow called a “couples’ discount” from being able to split up the rental bill as well as utilities and other costs.
“For renters who choose to live with a partner or roommate, splitting everyday costs like rent, utilities and groceries can go a long way in easing the pressure of today’s higher cost of living,” Smith said.
Based on the firm’s national data, the couples’ discount amounts to a combined $20,940 in annual rental savings from splitting the bill.
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Los Angeles ranked fifth on Zillow’s list of cities with the largest “singles tax.” (iStock / iStock)
For example, given the sizable singles tax in the cities with the highest rent, couples in New York City can get a discount of $46,800 instead of the singles tax of $23,400.
The report noted the couples discount can go a long way toward helping renters save for a down payment on a home, with the national average couples discount of $20,940 being more than halfway to a 10% down payment on a typical U.S. home, per Zillow’s data.
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