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President - elect Donald Trump announce on Tuesday that Elon Musk will co - lead the Department of Government Efficiency , the acronym of which spells out DOGE , Musk ’s favorite cryptocurrency . The chief executive officer of Tesla , SpaceX , xAI , and proprietor of X , Neuralink , and The Boring Company will lead the department alongside biotech entrepreneur and former presidential promising Vivek Ramaswamy to pave the direction for Trump ’s administration to “ dismantle Government Bureaucracy , whip excess regularization , cut wasteful expenditure , and restructure Federal Agencies . ”
Notably , DOGE will “ provide advice and direction from exterior of Government , ” which suggests it will not be an official government agency that requires legislative approvals and funding . Rather , DOGE will partner with the White House and Office of Management & Budget , allot to thepress release .
The Trump drive remark that DOGE ’s work would close no later than July 4 , 2026 .
Musk reference creating a Department of Government Efficiency for the last several calendar month while campaigning for Trump across the country . However , it was n’t cleared what condition DOGE would unfeignedly take or whether Trump would really take Musk up on this offer .
At an October rally in New York , Musk promised to identify “ at least $ 2 trillion in cuts ” within federal representation if Trump wins . Whether Musk and Ramaswamy conform to through on that hope is yet to be see . Musk never clear up which government agency or polices would be receiving those swing .
trumpet and Musk havebecome quite close in recent months , and their family relationship has only accelerated since the two hosted an X Spaces chat together in August . During Trump ’s 2024 presidential run , Musk donate over $ 100 million to a pro - Trump super PAC , dubbed the America PAC , while also holding rally for Trump in primal baseball swing states . Trump promised Musk the position as head word of DOGE during a September visual aspect at the Economic Club of New York .
chastening : This clause previously misstate Elon Musk ’s title at Neuralink .
