November 7, 2024 - Following Donald Trump's election, Elon Musk has emerged as a significant political figure, potentially taking on a role focused on budget cuts.
Musk, the world's richest man and CEO of Tesla and SpaceX, announced his support for Trump's America Pac, pledging continued political engagement. He is expected to influence deregulation efforts and streamline government operations, which could benefit his businesses.
Despite not holding an official government position, Musk's potential role as a 'Cost-Cutting Secretary' aligns with Trump's agenda to eliminate wasteful spending. His wealth surged by $26.5 billion post-election, reaching $290 billion.
In addition to domestic issues, Musk has publicly criticized German Chancellor Olaf Scholz, calling him 'stupid' in a tweet, highlighting his growing international political commentary.