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As the head of President Trump’s new Department of Government Efficiency (DOGE), Tesla CEO Elon Musk has vowed to cut between $1 trillion and $2 trillion from the annual federal budget by 2026 ...
Elon Musk has a shiny new plaything: the federal government. ... say they want to cut at least $1 trillion per year in federal spending through recommendations due no later than July 5, 2026, ...
Musk has targeted $1 trillion in taxpayer savings, ... Elon Musk took responsibility on Wednesday for canceling U.S. prevention efforts to contain the spread of the Ebola virus, and claimed they ...
(Reuters) - Tesla's market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk's companies in return for his support for ...
In 2025, Elon Musk and the Department of Government Efficiency teams gained access to large parts of the United States federal government.Thousands of United States federal government employees were laid off as a result, and many public records were modified or removed from federal websites and databases.
Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X).Since 2025, he has been a senior advisor to United States president Donald Trump and de facto head of the Department of Government Efficiency (DOGE).
Americans are still in the dark about the scope and scale of what Elon Musk is doing ... which is working to drastically shrink the size of government by aiming to cut $1 trillion or more in ...
The National Reconnaissance Office has a $1.8 billion contract with Musk's SpaceX. [34] Journalist Malika Khurana lists 11 agencies impacted by DOGE with federal investigations or regulatory battles with Elon Musk's businesses. [35]