๐จ ๐๐น๐ผ๐ป ๐ ๐๐๐ธ ๐๐ ๐ถ๐๐ โ๐๐ข๐๐โ ๐๐ด๐ฒ๐ป๐ฐ๐ ๐ฎ๐ ๐๐ถ๐ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐ฆ๐๐ถ๐ป๐ ๐๐ป๐ฑ๐
โฌ๏ธ Elon Musk confirms he's stepping down from DOGE (Department of Government Efficiency)
โฌ๏ธ Served as a Special Government Employee under President Trump
โฌ๏ธ Departure marks the end of a high-profile, controversial chapter
๐ What Happened?
โก๏ธ Musk posted: โAs my time ends, I thank President Trump for the chance to reduce wasteful spendingโ
โก๏ธ DOGE claimed to save $175B in cuts โ though many dispute the number
โก๏ธ Musk co-founded the agency with Vivek Ramaswamy, who left in January
โก๏ธ His term was capped at 130 working days/year, ending this May
๐ฅ Political Fallout & Backlash
โฌ๏ธ Muskโs role triggered lawsuits, partisan clashes, and harsh criticism
โฌ๏ธ Senator Elizabeth Warren called DOGE a โvenue for corruptionโ
โฌ๏ธ Musk slammed Trumpโs new spending bill as โundermining DOGEโs missionโ
๐ Business Impact
โก๏ธ Tesla faced sales drops, employee unrest, and PR damage
โก๏ธ Pension funds urged Musk to refocus on Tesla
โก๏ธ Rumors of him stepping down had previously boosted his stock prices
๐ Whatโs Next for Musk?
โฌ๏ธ SpaceXโs Starship Flight 9 hit space before breaking apart โ a partial win
โฌ๏ธ Neuralink raised $600M at a $9B valuation
โฌ๏ธ X launched โX Moneyโ, a beta digital wallet tied to Muskโs super-app vision
โก๏ธ Musk says heโll now cut back political work but still spend โa day or two per weekโ in D.C.
โก๏ธ Keeps a small White House office and remains connected to the Trump team
๐ฌ Should Elon stay out of politics and focus on his companies โ or is government reform part of the Musk mission now?