According to CCTV news, on November 12, Trump assigned American entrepreneur Elon Musk and former Republican presidential candidate Ramaswamy to establish the "Government Efficiency Department" to formulate strategies to improve the efficiency of government operations.
The American media "Insider News" noticed that after Trump won the election, Musk and Trump were inseparable and had already played the role of America's "first buddy" .
According to the American short news website axios, Musk even participated in a call between Trump and Ukrainian President Zelensky recently.
Bloomberg senior reporter Dana Hull: Musk is like the de facto vice president. He will play a certain role in shaping the future development framework of the federal government.
During the 2024 election season, the world’s richest man invested nearly $200 million in super political committees supporting Trump. After Trump won the election, Musk also received high returns, and his net worth increased overnight. 30 billion US dollars.
According to Bloomberg, this is just the beginning. The combination of "Trump Empire" and "Musk Universe" will make the two more powerful.
Since acquiring Twitter in 2022, Elon Musk has embarked on the journey of "king maker" . After Musk bought Twitter, Twitter's market value once lost more than 80%. Traditional business views generally believe that Musk ruined Twitter. But now it seems that this is a political investment .
After acquiring Twitter, the first thing Musk did was to restore Trump’s account. At the end of that year, Trump announced that he would run for President of the United States again.
Bloomberg Senior Writer Max Shefkin: I don’t think Elon Musk sees this as a business decision, he sees it as a cultural and political move to change what he sees as “too much "Left-wing" culture. Nowadays social mediax has basically become the center for promoting right-wing culture and right-wing politics.
Musk: I think the name is very interesting, "doge" Bureau of Government Efficiency.
Bloomberg pointed out that after the establishment of the "Government Efficiency Department", Musk's expectation is that the federal government will not interfere with his career. He hopes the government will approve Tesla's self-driving taxi business; legalize the brain-machine implantation of its neural chain company Neuralink; NASA launches a new Mars plan and use his SpaceX to launch rockets; in addition , the Federal Communications Commission (FCC) also needs to approve the full coverage of Starlink in urban and rural areas of the United States.
Bloomberg senior reporter Dana Hull: This is like a mutually beneficial business arrangement, isn't it? Trump gained funding and was elected, while Musk gained influence over the federal government. It is very rare that a person who serves as CEO of multiple companies plays such a prominent role in the incoming administration and exerts influence over the agencies that the government regulates. Ideally, he should recuse himself from relevant matters or not participate in them, but this is the era of "Trump 2.0" and past rules about conflicts of interest have been abandoned. According to CCTV news, on November 12, Trump assigned American entrepreneur Elon Musk and former Republican presidential candidate Ramaswamy to establish the "Government Efficiency Department" to formulate strategies to improve the efficiency of government operations. The American media "Insider News" noticed that after Trump won the election, Musk and Trump were inseparable and had already played the role of America's "first buddy" . According to the American short news website axios, Musk even participated in a call between Trump and Ukrainian President Zelensky recently. Bloomberg senior reporter Dana Hull: Musk is like the de facto vice president. He will play a certain role in shaping the future development framework of the federal government. During the 2024 election season, the world’s richest man invested nearly $200 million in super political committees supporting Trump. After Trump won the election, Musk also received high returns, and his net worth increased overnight. 30 billion US dollars. According to Bloomberg, this is just the beginning. The combination of "Trump Empire" and "Musk Universe" will make the two more powerful. Since acquiring Twitter in 2022, Elon Musk has embarked on the journey of "king maker" . After Musk bought Twitter, Twitter's market value once lost more than 80%. Traditional business views generally believe that Musk ruined Twitter. But now it seems that this is a political investment . After acquiring Twitter, the first thing Musk did was to restore Trump’s account. At the end of that year, Trump announced that he would run for President of the United States again. Bloomberg Senior Writer Max Shefkin: I don’t think Elon Musk sees this as a business decision, he sees it as a cultural and political move to change what he sees as “too much "Left-wing" culture. Nowadays social mediax has basically become the center for promoting right-wing culture and right-wing politics. Musk: I think the name is very interesting, "doge" Bureau of Government Efficiency. Bloomberg pointed out that after the establishment of the "Government Efficiency Department", Musk's expectation is that the federal government will not interfere with his career. He hopes the government will approve Tesla's self-driving taxi business; legalize the brain-machine implantation of its neural chain company Neuralink; NASA launches a new Mars plan and use his SpaceX to launch rockets; in addition , the Federal Communications Commission (FCC) also needs to approve the full coverage of Starlink in urban and rural areas of the United States. Bloomberg senior reporter Dana Hull: This is like a mutually beneficial business arrangement, isn't it? Trump gained funding and was elected, while Musk gained influence over the federal government. It is very rare that a person who serves as CEO of multiple companies plays such a prominent role in the incoming administration and exerts influence over the agencies that the government regulates. Ideally, he should recuse himself from relevant matters or not participate in them, but this is the era of "Trump 2.0" and past rules about conflicts of interest have been abandoned. Editor Zhao Xi