• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump and Musk: Partnership for Government Waste Reduction

user avatar

by Giorgi Kostiuk

a year ago


  1. Trump and Musk's Plans
  2. Experts’ Opinions and Concerns
  3. Political Shifts and Musk's Investments

  4. Donald Trump and his team have been discussing the possibility of setting up a commission to cut government waste. It is being considered that Elon Musk might lead this commission.

    Trump and Musk's Plans

    Elon Musk, CEO of Tesla and SpaceX, has expressed interest in being part of a “government efficiency commission.” On several occasions, including on his own social media platform X, Musk has stated that he wants to eliminate what he sees as wasteful regulations and spending. In August, Musk posted an AI-generated image of himself standing behind a podium labeled “Department of Government Efficiency,” with the acronym DOGE, nodding to the meme coin he supports.

    Experts’ Opinions and Concerns

    Musk's involvement in the government audit has raised some concerns among ethics experts. The complexities of potential conflicts of interest stem from Musk's business empire, which spans sectors closely linked to government contracts and regulations. There is a concern that Musk could use this opportunity to cut regulations affecting his companies while pushing for more favorable conditions.

    Political Shifts and Musk's Investments

    Musk has been actively showing support for Donald Trump and criticizing Kamala Harris on the X platform. In 2020, he leaned more towards supporting Joe Biden, but his stance has since changed. Now, Musk is supporting Trump, including with the help of a SuperPAC called America PAC, which is backing Trump's 2024 election campaign. According to recent filings, this SuperPAC has already raised over $8.7 million.

    Despite potential conflicts of interest and mixed reactions from various sides, Trump and Musk continue to discuss the possibility of collaborating on setting up a commission to cut government waste.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Federal Reserve Ends Quantitative Tightening, Injects Cash into Markets

chest

The US Federal Reserve has officially ended its Quantitative Tightening program, injecting over $13 billion into the markets through overnight repo operations.

user avatarRajesh Kumar

Progressive Token Launch: A Fair Economy for Providence

chest

Dynasty Studios introduces a Progressive Token Launch model for Providence, ensuring equal access for all players.

user avatarTenzin Dorje

F8 Genesis: A Unique NFT Experience in Providence

chest

Dynasty Studios launched F8 Genesis, a free NFT that evolves based on player achievements in Providence.

user avatarAisha Farooq

Perplexity AI Faces Growing Legal Pressure Over Copyright Issues

chest

Perplexity AI is facing multiple legal challenges, including a lawsuit from the Chicago Tribune over copyright infringement, which could impact the future of AI and content licensing.

user avatarLucas Weissmann

Chicago Tribune Takes Legal Action Against Perplexity AI for Copyright Violations

chest

Chicago Tribune files a federal lawsuit against Perplexity AI for systematic copyright infringement, claiming unauthorized use of its content.

user avatarFilippo Romano

Solana Mobile is set to introduce the SKR Token in January 2026.

chest

Solana Mobile has confirmed the launch of its SKR token in January 2026, designed to support governance, staking, rewards, and developer incentives within the Solana Seeker ecosystem.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.