Vivek Ramaswamy Steps Down from DOGE to Pursue Ohio Governor Position

user avatar

by Giorgi Kostiuk

2 years ago


Entrepreneur and former presidential candidate Vivek Ramaswamy is stepping down from his position at the Department of Government Efficiency (DOGE) to reportedly pursue a run for Ohio governor.

Departure from DOGE

In a recent X post, Vivek Ramaswamy announced his departure from DOGE, expressing confidence in Elon Musk's ability to lead the organization. Ramaswamy stated that he was honored to support the establishment of DOGE but will now focus on his political ambitions.

It was my honor to help support the creation of DOGE. I’m confident that Elon and the team will succeed in streamlining government.Vivek Ramaswamy

Future Plans

CBS News and The New York Times have reported that Ramaswamy is soon expected to announce his candidacy for Ohio governor. While he has not elaborated in detail, he mentioned that he would have more to say soon, reaffirming his support for President Donald Trump. With Ohio Governor Mike DeWine's second and final term concluding in 2027, Ramaswamy's entry as a candidate appears viable for upcoming elections.

Elon Musk's Stance

Elon Musk, the co-founder and leader of DOGE, has expressed the need for Ramaswamy to step down. A source close to Trump reported that Ramaswamy's criticisms of American culture and his strained relations with other politicians, including Musk, led to his exit.

Ramaswamy's shift toward political office has drawn attention, raising questions about DOGE's future under Elon Musk, considering budget cuts and ongoing legal disputes surrounding the organization.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Analysts Remain Bullish on SpaceX Stock Despite Recent Challenges

chest

Despite recent challenges, analysts maintain a bullish outlook on SpaceX stock, citing its unique positioning in the market.

user avatarDavid Robinson

SpaceX Stock Faces Volatility Amid Lockup Expirations

chest

SpaceX stock has experienced significant fluctuations due to recent lockup expirations, with investors questioning its future performance.

user avatarAndrew Smith

Meta's Valuation Advantage Over SpaceX

chest

Despite SpaceX's rapid growth, Meta has a more favorable stock valuation, trading at about 66 times sales compared to SpaceX's 45 times sales.

user avatarZainab Kamara

SpaceX Outpaces Meta in Revenue Growth

chest

SpaceX's revenue grew by 92% year-over-year, while Meta's revenue increased by 28%. SpaceX's growth is driven by demand for AI and connectivity, whereas Meta's growth is slower but consistent.

user avatarJacob Williams

SpaceX and Meta Compete for $2 Trillion Valuation

chest

SpaceX and Meta are competing for a $2 trillion market valuation, with SpaceX having briefly reached this mark in June.

user avatarSon Min-ho

SanDisk's Impressive Stock Performance Post Spin-off

chest

SanDisk has experienced a remarkable stock increase of almost 3,900% since its spin-off from Western Digital, driven by high demand for NAND flash memory, with analysts suggesting over 50% upside from current levels.

user avatarAyman Ben Youssef

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.