Elon Musk Ends Government Role, Thanks Trump

Benzinga

Elon Musk has concluded his controversial stint as a special government employee, according to Deadline. The billionaire announced his departure in a post thanking Trump and affirming that the Department of Government Efficiency's mission would continue. Musk led efforts to cut government spending and shutter agencies such as USAID, but his aggressive tactics drew backlash from federal workers and the public. Musk initially claimed he could cut $2 trillion in government spending, but later retreated from that target. The Department of Government Efficiency now cites $175 billion in savings, though that figure is contested.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Elon Musk has concluded his controversial stint as a special government employee,

00:06according to Deadline. The billionaire announced his departure at a post thanking Trump

00:10and affirming that the Department of Government Efficiency's mission would continue.

00:15Musk led efforts to cut government spending and shutter agencies such as USAID,

00:19but his aggressive tactics drew backlash from federal workers and the public.

00:23Musk initially claimed he would cut $2 trillion of government spending,

00:26but later retreated from that target.

00:28The Department of Government Efficiency now cites $175 billion in savings,

00:31though that figure is contested.

00:33For all things money, visit Benzinga.com slash GSTV.

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