Elon Musk, a renowned entrepreneur and innovator, is again in the spotlight with his ambitions on the US political scene. His idea of a 'Department of Government Efficiency' (D.O.G.E) could significantly impact state operations.
The Creation of D.O.G.E — Elon's Ambitious Project
Elon Musk proposes the creation of a federal agency, D.O.G.E, aiming to cut bureaucracy and restructure government operations based on a business model. According to him, the concept could save billions and facilitate contract acquisition for companies like Tesla and SpaceX.
Elon's Role in Trump’s Victory
Musk played a significant role in Donald Trump's 2024 election victory by heavily investing in his campaign. Through his platform X (formerly Twitter), he amplified Trump's influence among voters, especially among young men.
Elon's Financial Interests in Government
Joining the Trump administration could have a major impact on Elon's finances. According to federal tax law, public figures can defer capital gains tax, which could result in billion-dollar savings for Musk.
Elon Musk's political influence is growing, and in the coming years, he could significantly alter not only American politics but also the global landscape. Whether he will become the most influential figure in the world remains to be seen.
