Billionaire Elon Musk to be appointed head of new Ministry of Government Effectiveness

The president-elect confirmed his campaign promise on Tuesday by appointing the boss of Tesla and X to head a new ministry responsible for “dismantling the government bureaucracy”.

After Tesla, X and SpaceX, Elon Musk officially launches into politics. The richest man on the planet will be appointed head of a new ministry of“governmental efficiency”announced the President-elect of the United States, Donald Trump, Tuesday, November 12. The billionaire, who played an unprecedented role in the Republican candidate's campaign, will be responsible for “dismantle government bureaucracy, slash excessive regulations, cut wasteful spending, and restructure federal agencies”selon Donald Trump.

Elon Musk will serve in this role jointly with Republican businessman Vivek Ramaswamy. These two allies will “send shock waves through the system”assured the president-elect. The ministry's actions will be listed online “for maximum transparency”Elon Musk promised immediately. A “ranking the most terribly stupid expenses” will also be published, which “will be both extremely tragic and extremely entertaining”he added.

It had been weeks since Donald Trump announced that Elon Musk was going to be tasked with a mission on the efficiency of the federal government, advances relayed by the main person concerned. If the three wealthy businessmen come to an enduring agreement, they could make 2,000 billion dollars in clear cuts in a federal government budget of 6,500 to 7,000 billion. “It is important that we clean up the waste and mass fraud in government spending of $6.5 trillion. They will work together to free our economy”proclaimed Donald Trump.

In English, the new ministry is titled “Department of Government Efficiency”, or the acronym “Doge”. However, “Doge” refers to a Japanese dog of the Shiba Inu breed who became the emblem of dogecoin, a cryptocurrency originally created as a joke, but with which Elon Musk became infatuated in 2021. After years of ” Dogemania”, the richest man in the world had announced a space project supposed to be entirely financed in dogecoin: DOGE-1, a small satellite to be launched by his company SpaceX. In 2023, he also briefly used a Doge icon as the logo for Twitter, the social network that he bought and renamed X.