Highlights

  • Trump’s victory speech praises Musk as a ‘rising star’
  • Musk aims to cut $2 trillion from federal expenses with D.O.G.E.
  • Musk’s push for reduced regulations could transform U.S. agencies

Latest news

Odisha is investing over ₹4,000 crore to construct stadiums across 314 blocks

Odisha is investing over ₹4,000 crore to construct stadiums across 314 blocks

Village vigilantism engulfs Nagamangala: Man tied and beaten

Village vigilantism engulfs Nagamangala: Man tied and beaten

Join Ayushmann Khurrana and Mumbai Police in their latest initiative against online scams

Join Ayushmann Khurrana and Mumbai Police in their latest initiative against online scams

Heart clinic on wheels launches in Kashmir by Dr. Upendra Kaul

Heart clinic on wheels launches in Kashmir by Dr. Upendra Kaul

Srijit Mukherji's 'Killbill Society': A tale of redemption

Srijit Mukherji's 'Killbill Society': A tale of redemption

Ruturaj Gaikwad is sidelined from IPL, leading to MS Dhoni's return as captain of CSK

Ruturaj Gaikwad is sidelined from IPL, leading to MS Dhoni's return as captain of CSK

Tahawwur Hussain Rana's Extradition: A justice milestone for 26/11

Tahawwur Hussain Rana's Extradition: A justice milestone for 26/11

Shashi Tharoor applauds Tahawwur Rana's extradition, marking significant progress in justice

Shashi Tharoor applauds Tahawwur Rana's extradition, marking significant progress in justice

Trump, Musk, and the D.O.G.E.: A New Era of Government Efficiency?

Elon Musk’s support for Trump hints at a unique role, with Musk leading a “Department of Government Efficiency” aiming to slash federal costs by $2 trillion. Trump’s policies could benefit Musk’s ventures, from Tesla to SpaceX.

Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected

      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.

      And don’t forget to subscribe BusinessHook for more such updates!

      Elon Musk

      ADVERTISEMENT

      Up Next

      Trump, Musk, and the D.O.G.E.: A New Era of Government Efficiency?

      Trump, Musk, and the D.O.G.E.: A New Era of Government Efficiency?

      Asian stocks crack higher as Trump delays painful tariffs

      Asian stocks crack higher as Trump delays painful tariffs

      Trump stuns with tariff backtrack but hikes China rate to 125%

      Trump stuns with tariff backtrack but hikes China rate to 125%

      Stock markets decline on global trends as fresh US tariffs unnerve investors

      Stock markets decline on global trends as fresh US tariffs unnerve investors

      Global stock market indices: How the world markets performed today - 9 April 2025

      Global stock market indices: How the world markets performed today - 9 April 2025

      Indian stock market sector-wise performance today - April 9, 2025

      Indian stock market sector-wise performance today - April 9, 2025

      ADVERTISEMENT

      editorji-whatsApp

      More videos

      Top 5 Nifty 50 gainers today – April 9, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – April 9, 2025: Biggest stock moves

      NSE Nifty 50: Top 5 stock losers of April 9, 2025

      NSE Nifty 50: Top 5 stock losers of April 9, 2025

      Trump's new tariffs take effect, with 104% on Chinese goods

      Trump's new tariffs take effect, with 104% on Chinese goods

      Stock markets rebound after Monday's crash: Sensex jumps 1,089 pts tracking firm global trends

      Stock markets rebound after Monday's crash: Sensex jumps 1,089 pts tracking firm global trends

      Global stock market indices: How the world markets performed today - 8 April 2025

      Global stock market indices: How the world markets performed today - 8 April 2025

      Indian stock market sector-wise performance today - April 8, 2025

      Indian stock market sector-wise performance today - April 8, 2025

      Top 5 Nifty 50 gainers today – April 8, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – April 8, 2025: Biggest stock moves

      NSE Nifty 50: Top 5 stock losers of April 8, 2025

      NSE Nifty 50: Top 5 stock losers of April 8, 2025

      NSE Nifty 50: Top 5 stock losers of April 7, 2025

      NSE Nifty 50: Top 5 stock losers of April 7, 2025

      Markets rebound in early trade: Sensex, Nifty surge nearly 2 pc tracking firm trends in Asian peers

      Markets rebound in early trade: Sensex, Nifty surge nearly 2 pc tracking firm trends in Asian peers

      Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.