Elon Musk would join the ranks of a Trump administration

During his speech to the Economic Club of New York, Donald Trump expressed his intention to appoint billionaire Elon Musk to head a special commission tasked with achieving comprehensive government reform.

Does Musk’s new position represent another step towards realizing the Project 2025 agenda?

Former President Trump announces that if re-elected, he plans to adopt Elon Musk’s proposal for a government efficiency commission to cut federal spending, adding that Musk has agreed to lead the commission “if he has the time.” https://t.co/HomjPC2l3e

— NBC News (@NBCNews) September 5, 2024

While Trump has recently tried to distance himself from Project 2025, the guide developed by various right-wing groups for an ultra-conservative government, some are linking the drastic measures it proposes to Musk’s new duties in a potential Trump administration, comparing them to the recommendations of Project 2025.

According to Trump, the commission’s mission would be to conduct a thorough review of the federal government’s finances and performance, with the ultimate aim of implementing major reforms within the US government.

This seems to align with the proposals of Project 2025, which advocates reform to shrink the federal government. Suggested measures include the elimination of several agencies, such as the Department of Education, the Department of Homeland Security, the National Oceanic and Atmospheric Administration and the Consumer Financial Protection Bureau. The remaining departments would be largely privatized, including the Transportation Security Administration.

Trump says the move is necessary, as he believes government spending is unsustainable. However, he didn’t seem to care about this issue during his first term, during which he added an estimated $7.8 trillion to the U.S. national debt!

Musk claimed the commission would be able to target wasteful spending and streamline federal agency operations, but Trump and Musk provided few details on how it would work.

It’s worrying to see Musk potentially heading a large-scale government commission, given the way he runs his companies, particularly X (formerly Twitter).

Since Elon Musk’s acquisition of Twitter in October 2022, the company’s value has declined considerably. According to recent estimates, Twitter’s value has plummeted from nearly $40 billion to around $15 billion, representing a loss in value of around $25 billion.

This decline is attributed to several factors, including management changes, mass layoffs, as well as controversies related to the platform’s management and Elon Musk’s controversial comments.

These statements, often made on social networks, have also preoccupied Tesla’s board of directors, who have had to deal with turbulence for the company, such as investigations by regulators and significant fluctuations in the share price.