Following Donald Trump’s re-election as President of the United States, he made Musk the head of an unofficial government department: the Department of Government Efficiency. The position raised concerns given that Musk has conflicts of interest and no government experience, making him a poor choice to manage the government’s budget. Since he took over SpaceX, the company has received over $15 billion in federal government contracts. Meanwhile, Tesla has received over $40 million in contracts since 2008. It’s not hard to see how these conflicts of interest could compromise him. As Musk tries to find at least $1 trillion in government budget cuts, he can sacrifice something that doesn’t impact him, like child cancer research funding, while preserving the spending that benefits him and his businesses. He could also very well try to use significant cuts and layoffs to retaliate against government departments that have investigated or regulated his business practices.
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