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Elon Musk Departs Trump Administration
In a move that has sent ripples through Washington, tech billionaire Elon Musk announced his departure from his role in the Trump administration, where he led a significant cost-cutting initiative aimed at reducing federal government spending.
Musk declared the news on the social media platform X, stating,
“As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending,” Elon Musk on X
Musk’s role involved overseeing the Department of Government Efficiency (DOGE), an entity he was instrumental in founding. Despite his efforts, the DOGE reported savings of approximately $175 billion, far short of the initial $1 trillion target proposed at the start of his tenure.
The White House has confirmed that the initiatives started under Musk’s guidance will continue, even as his 130-day tenure as a special government employee concludes. This confirmation came amidst reports of growing tensions between Musk and President Donald Trump, who had previously enjoyed substantial financial backing from the billionaire during the presidential campaign.
Over the past weekend, Musk voiced his concerns on CBS Sunday Morning about a new legislative proposal put forward by Trump.
“I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing,” Elon Musk on CBS Sunday Morning
The bill, which recently passed in the House of Representatives, aims to extend the president’s 2017 tax cuts while also incorporating new spending measures that Musk believes could negate the financial savings his team has worked to implement. The Congressional Budget Office has estimated that if passed, the bill could increase the U.S. deficit by $3.9 trillion by 2034.
In response to Musk’s criticisms, President Trump noted that the bill was still under negotiation and expressed mixed feelings about its contents.
“We will be negotiating that bill, and I’m not happy about certain aspects of it, but I’m thrilled by other aspects of it,” President Trump to reporters
While Trump has refrained from direct criticism of Musk, sources suggest that there have been significant clashes between Musk and other high-ranking members of the administration, including Secretary of State Marco Rubio. These tensions, along with Musk’s controversial cost-cutting measures, may have contributed to his decision to leave.
Reports from U.S. media outlets indicate that discussions about Musk’s potential departure began as early as April, following disagreements with key White House officials. This period also saw a decline in public approval for Musk’s governmental role, with a Washington Post and ABC News poll showing only a 35% approval rating for his performance.
Following his departure, Musk announced plans to refocus on his technological ventures, particularly Tesla, which has faced significant challenges recently.
“Back to spending 24/7 at work and sleeping in conference/server/factory rooms. I must be super focused on X/xAI and Tesla (plus Starship launch next week), as we have critical technologies rolling out,” Elon Musk on X
As Musk returns to the helm of his business empire, the political and economic implications of his brief but impactful stint in government continue to unfold, leaving observers to speculate on the future of both his business and political trajectories.