Donald Trump has reclaimed the White House, but now the big question is—what does this mean for Elon Musk, his most powerful ally?
In his victory speech, Trump called Musk a ‘rising star’ and hinted at a unique role for him.
As per reports, Musk poured in over $130 million into Trump’s campaign, and now he’s poised for some major influence in Trump’s second term.
There’s talk of Musk leading a ‘Department of Government Efficiency’—or as Musk and Trump call it, the D.O.G.E. The mission?
Cut $2 trillion from federal expenses and streamline Washington like never before!
On the Joe Rogan podcast, Musk shared his vision: he wants to slash federal agencies' budget and reduce the number regulations, saying it’s time for government to do only what Congress allows.
Musk believes his task force could revolutionize D.C.—and bring freedom for American businesses.
One of Musk’s prominent posts declared, “America is a nation of builders. Soon, you will be free to build".
Musk hasn’t held back on social media either. From calling for Federal Trade Commission Chair Lina Khan and SEC head Gary Gensler to be fired, to retweeting memes of himself as the U.S. Chief Technology Officer, Musk is ready to make waves.
What’s in it for Musk personally? With SpaceX and Tesla at the forefront of his empire, Musk’s business interests align well with Trump’s policies. After Trump's win, Tesla was up 15% and according to Bloomberg Billionaires Index, Musk's net worth has surged over 10% to $290 billion in a day.
Tesla shares already saw a rally as investors anticipate fewer EV competitors under Trump’s proposed economic policies.
Musk’s influence won’t stop here. His America PAC is gearing up for the midterms and beyond.
With his vision and power, can Musk be instrumental in reshaping America’s future under Trump’s leadership?
What do you think? Let us know in the comments.
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