
As the head of the Department of Government Efficiency (DOGE), tasked with slashing federal spending, Elon Musk has already slashed thousands of jobs, forcing agencies to justify their budgets or face deep cuts. Additionally, Tesla’s (TSLA) CEO has vowed to trim between $1 trillion and $2 trillion from the annual federal budget by 2026.
Musk’s grip on Washington’s purse strings is not just shaking up bureaucracy, it’s sending ripples through the market, making Musk-linked investments more relevant than ever.