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Reading: He named his enterprise after Elon Musk. Now he is paying $20,000 to vary that
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The Texas Reporter > Blog > Business > He named his enterprise after Elon Musk. Now he is paying $20,000 to vary that
Business

He named his enterprise after Elon Musk. Now he is paying $20,000 to vary that

Editorial Board
Editorial Board Published April 28, 2025
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He named his enterprise after Elon Musk. Now he is paying ,000 to vary that
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  • The founding father of Musk Building is altering the corporate title so he isn’t related to Elon Musk. Steve Riabov got here to the U.S. from Ukraine and was not proud of Musk’s feedback in regards to the nation and his work with DOGE. Musk’s approval ranking amongst People is decrease than Trump’s.

Steve Riabov got here to the U.S. from Ukraine and was rapidly impressed by the success story of one other immigrant. So when he began his kitchen and toilet reworking enterprise six years in the past, he did not hesitate to call it after his hero.

At present, the proprietor of Musk Building is regretting that call. The corporate is flourishing, however Musk’s public feedback on Ukraine in addition to his actions in Washington have satisfied Riabov to eat the prices of a reputation change.

That is going to run anyplace from $15,000 to $20,000 as the corporate reworks emblems and permits. It’s going to additionally must get new license plates to interchange the “MUSK UP” and “MUSK INC” which might be on its automobiles now. For Riabov, although, it isn’t a tough alternative.

“I can’t stand it,” Riabov instructed USA At present. “I no longer align with all of his values. I have to change the name.”

Riabov is hardly alone in his modified impressions of Musk. The recognition of Tesla’s billionaire CEO has been dwindling since he aligned himself with Trump. A brand new Washington Submit/ABC Information ballot discovered his approval ranking stood at simply 35%, decrease than Trump’s historic low 100-day figures.

The quantity of people that disapprove of the job he’s doing now stands at 57%, in comparison with 49% two months in the past.

Riabov, who got here to the U.S. after he was kidnapped by the Russian navy in 2014 on suspicion of being a Ukrainian spy, obtained political asylum and started doing handyman work. He improved his English by studying books and listening to audiobooks. It was a Musk biography that captured his consideration, nevertheless.

When he launched his personal firm in 2019, he determined to call it in honor of Musk. Now Riabov, who grew to become an American citizen final yr, says he believes the Musk title is “bad for business.”

This story was initially featured on Fortune.com

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