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Is Elon Musk really getting the hell out of DOGE?

tsboiAdmin by tsboiAdmin
May 24, 2025
in Fintech
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Is Elon Musk really getting the hell out of DOGE?
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Elon Musk isn’t as publicly, clearly concerned in Washington as he was, that a lot is evident. However celebrations of his political exile are untimely.

Positive, it’s true that Musk and Donald Trump’s bombastic joint press conferences have light. Trump is now not capturing Tesla adverts on the White Home garden. And Musk has stated that he’ll be stepping away from authorities and specializing in Tesla.

However Musk loves to lie. He’s stated he’ll spend “a lot less” on politics sooner or later, however I’m additionally sufficiently old to recollect “funding secured.” The federal government continues to be infested with his lackeys, akin to Steve Davis, Chris Younger, and Jehn Balajadia. Even in an announcement that was broadly reported as Musk stepping again from DC, Musk made it clear he’d spend “a day or two per week” on politics for the remainder of Trump’s time period.

I are likely to view the credulous political obituaries people have written as wishful thinking, however I do understand the impulse. A lot of Musk’s whole thing is spectacle that when he’s now not publicly performing, it’s attainable to consider nothing is going on. This can be a mistake. We don’t even know the extent of what DOGE has performed to date, and within the absence of a critical GAO report, we could by no means know.

DC is famously Hollywood for ugly individuals, which meant plenty of massive egos weren’t notably amused by Musk

Musk’s use of spectacle, as much as this 12 months, had saved Tesla a necessity for a advertising price range. (Why would it’s essential to purchase adverts when your celebrity CEO is hosting Saturday Night Live?) He cultivated an intense fan base, who purchased Tesla inventory and despatched it sky-high. For a lot of the world — and far of the tech business — Musk was a synecdoche for Silicon Valley’s success. Even Steve Jobs wasn’t this well-known; you’d have to return to Howard Hughes to seek out somebody remotely comparable.

However Musk’s highlight — and his Inauguration Day gesture that moderately resembled one thing I believe we’ve all seen before — put his IT Renfields below a glare. It was obvious that DOGE was not saving anybody cash and concentrating on the regulators that oversaw Musk corporations. And DC is famously Hollywood for ugly people, which meant plenty of massive egos weren’t notably amused by Musk being the focal point.

Trump, ostensibly president of america, has a protracted historical past of hiring individuals who hate one another and watching them battle; it was a trademark of his first administration. And so reviews of clashes between Musk and his numerous officers appeared inevitable — nobody needs to grow to be, say, treasury secretary after which discover that Musk will be making all the decisions. Even Marco Rubio, the secretary of state, managed to show some semblance of a spine when Musk encroached on Rubio’s turf. This has now spilled into the general public eye, changing into a part of the Musk circus; as a result of Trump is simply as media-addled as Musk, reviews of boldly standing as much as Musk might even result in actual political clout.

And Musk wasn’t simply beefing with bureaucrats. As a result of Musk so publicly related himself with Tesla — which had been a advertising bonanza all through the 2010s — expressing disapproval with Musk was straightforward: goal Tesla. There was additionally a series of extremely funny protests towards Tesla. Tesla house owners have been slapping bumper stickers on their vehicles within the hopes of avoiding social opprobrium. They complain about mean-mugging, middle fingers, and worse.

Musk has nonetheless received loads of energy and affect

Tesla’s sales have slumped. So has its inventory worth, down about 11 % this 12 months, as of this writing. And that’s an issue for Musk, whose cash (and thus energy) is intimately tied to Tesla’s share worth. Plus, Musk has admitted he takes this personally. That is sensible — he wouldn’t have cultivated such an infinite public persona if that weren’t necessary to him.

However the spectacle is merely a instrument. Musk is able to transferring quietly as properly.

The thing with the chainsaw was not Musk’s first rodeo, simply his weirdest. He’s flexed political muscle tissues earlier than extra quietly, mostly through his money. It’s a part of how he received friendly deals for his factories — one thing he was so efficient at that Jeff Bezos attempted to imitate him — and his government contracts, most notably at SpaceX.

Mendacity low for some time could profit Musk. DOGE has spawned an enormous array of lawsuits and has been handed repeated defeats in courtroom — together with lately, when after DOGE broke into the US Institute of Peace, aided and abetted by the DC police, a judge ruled that the takeover was illegal. The constructing, value $500 million, and the remainder of the USIP’s property, together with its endowment, had been handed off to the Common Providers Administration. These transfers have to be “declared null and void,” the judge wrote.

Musk has nonetheless received loads of energy and affect, accompanying Trump to foreign countries and joining meetings with international leaders. Any Republican elected official who upsets him nonetheless has to fret a few petty and vindictive Musk-funded major problem. There’s a supposed 130-day time restrict on non permanent authorities staff, however it won’t matter to Musk, whose default stance is defying the law to see if it has teeth. I see no motive his conduct will change within the Trump period, notably since regulation no longer seems to apply to anybody who’s a Trump supporter.

In the meantime, all of the give attention to Musk has obscured the roles of other Silicon Valley luminaries in DC. Peter Thiel proteges have landed in a number of comfortable jobs, together with at Well being and Human Providers, which has awarded Thiel’s Palantir juicy contracts. And Thiel, of course, is the majority owner of Vice President JD Vance, who not solely labored at Thiel’s Mithril Capital, but additionally had his Senate run financed by the billionaire. Marc Andreessen, David Sacks, and Palmer Luckey even have pals within the administration. The crypto world essentially purchased the presidency. If Musk is much less public, it’s attainable a brand new Silicon Valley punching bag will emerge.

However let’s say Musk is definitely performed with politics. After all of the carnage he has completed already, what else is left to fuck up? Having created chaos, he can merely watch issues crumble. The tech overlords have a pay-to-play system put in with the Trump administration, and no scarcity of cash. Quite a few key regulators have been dissolved or in any other case hamstrung. Certainly, Musk appears to acknowledge this. Asked if his personal leadership was necessary for DOGE, Musk replied, “Is Buddha wanted for Buddhism? Was it not stronger after he handed away?”



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  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 0.999747
  • decredDecred (DCR) $ 15.25
  • mx-tokenMX (MX) $ 2.71
  • frax-shareFrax (prev. FXS) (FRAX) $ 2.80
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999967
  • venomVenom (VENOM) $ 0.120478
  • mina-protocolMina Protocol (MINA) $ 0.202672
  • drift-staked-solDrift Staked SOL (DSOL) $ 168.60
  • tripTrip (TRIP) $ 8.27
  • theta-fuelTheta Fuel (TFUEL) $ 0.034346
  • safepalSafePal (SFP) $ 0.478166
  • layerzeroLayerZero (ZRO) $ 2.14
  • ai16zai16z (AI16Z) $ 0.213731
  • ravencoinRavencoin (RVN) $ 0.015416
  • ghoGHO (GHO) $ 0.997747
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 2,835.86
  • mocaverseMoca Network (MOCA) $ 0.087299
  • golemGolem (GLM) $ 0.232968
  • resolv-usrResolv USR (USR) $ 0.999803
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • notcoinNotcoin (NOT) $ 0.002208
  • zilliqaZilliqa (ZIL) $ 0.011556
  • havvenSynthetix Network (SNX) $ 0.657944
  • reserve-protocol-eth-plusETHPlus (ETH+) $ 2,641.98
  • convex-financeConvex Finance (CVX) $ 2.72
  • astarAstar (ASTR) $ 0.027331
  • arkhamArkham (ARKM) $ 0.520134
  • qtumQtum (QTUM) $ 2.06
  • toshiToshi (TOSHI) $ 0.000516
  • bnb48-club-tokenKOGE (KOGE) $ 63.54
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.18
  • treehouse-ethTreehouse ETH (TETH) $ 3,044.13
  • gigachad-2Gigachad (GIGA) $ 0.022211
  • universal-btcUniversal BTC (UNIBTC) $ 103,767.00
  • blurBlur (BLUR) $ 0.087394
  • oasis-networkOasis (ROSE) $ 0.027856
  • 0x0x Protocol (ZRX) $ 0.239372
  • iotexIoTeX (IOTX) $ 0.021284
  • euro-coinEURC (EURC) $ 1.14
  • zksyncZKsync (ZK) $ 0.054216
  • verus-coinVerus (VRSC) $ 2.53
  • basic-attention-tokenBasic Attention (BAT) $ 0.132678
  • moo-dengMoo Deng (MOODENG) $ 0.197112
  • infrared-beraInfrared Bera (IBERA) $ 2.29
  • vanaVana (VANA) $ 6.35
  • usda-2USDa (USDA) $ 0.995398
  • gasGas (GAS) $ 2.97
  • swissborgSwissBorg (BORG) $ 0.196519
  • origintrailOriginTrail (TRAC) $ 0.383900
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,699.95
  • chex-tokenCHEX Token (CHEX) $ 0.191443
  • snekSnek (SNEK) $ 0.002565
  • wrapped-ether-mantle-bridgeWrapped Ether (Mantle Bridge) (WETH) $ 2,522.28
  • vethor-tokenVeThor (VTHO) $ 0.002104
  • agentfun-aiAgentFun.AI (AGENTFUN) $ 1.90
  • tradable-na-rent-financing-platform-sstnTradable NA Rent Financing Platform SSTN (PC0000031) $ 1.00
  • nervos-networkNervos Network (CKB) $ 0.004048
  • solana-swapSolana Swap (SOS) $ 0.186541
  • mask-networkMask Network (MASK) $ 1.86
  • tribe-2Tribe (TRIBE) $ 0.406216
  • zetachainZetaChain (ZETA) $ 0.210137
  • siacoinSiacoin (SC) $ 0.003261
  • animeAnimecoin (ANIME) $ 0.032525
  • cow-protocolCoW Protocol (COW) $ 0.375114
  • ordinalsORDI (ORDI) $ 8.50
  • elixir-deusdElixir deUSD (DEUSD) $ 0.999710
  • celoCelo (CELO) $ 0.310649
  • yearn-financeyearn.finance (YFI) $ 5,257.53
  • stargate-financeStargate Finance (STG) $ 0.181828
  • neiro-3Neiro (NEIRO) $ 0.000420
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.09
  • gmt-tokenGoMining Token (GOMINING) $ 0.424228
  • holotokenHolo (HOT) $ 0.000972
  • casper-networkCasper Network (CSPR) $ 0.013087
  • qubic-networkQubic (QUBIC) $ 0.000001
  • harmonyHarmony (ONE) $ 0.011699
  • echelon-primeEchelon Prime (PRIME) $ 2.73
  • astherus-staked-bnbAster Staked BNB (ASBNB) $ 688.24
  • iconICON (ICX) $ 0.156788
  • coinex-tokenCoinEx (CET) $ 0.062521
  • aelfaelf (ELF) $ 0.221088
  • aixbtaixbt by Virtuals (AIXBT) $ 0.176859
  • binance-peg-solBinance-Peg SOL (SOL) $ 150.72
  • skor-aiSKOR AI (SKORAI) $ 0.188751
  • polymeshPolymesh (POLYX) $ 0.140813
  • gmxGMX (GMX) $ 16.16
  • ben-pasternakLaunch Coin on Believe (LAUNCHCOIN) $ 0.163425
  • zencashHorizen (ZEN) $ 10.16
  • blockchain-capitalBlockchain Capital (BCAP) $ 17.76
  • ankrAnkr Network (ANKR) $ 0.016155
  • chiaChia (XCH) $ 10.95
  • digibyteDigiByte (DGB) $ 0.009026
  • uxlinkUXLINK (UXLINK) $ 0.387259
  • crvusdcrvUSD (CRVUSD) $ 0.999726
  • solayerSolayer (LAYER) $ 0.750578
  • instadappFluid (FLUID) $ 3.96
  • freysa-aiFreysa AI (FAI) $ 0.018941
  • kinesis-goldKinesis Gold (KAU) $ 106.73
  • resolv-rlpResolv RLP (RLP) $ 1.19
  • ethereum-pow-iouEthereumPoW (ETHW) $ 1.41
  • eulerEuler (EUL) $ 8.09
  • nxmNexus Mutual (NXM) $ 58.58
  • zanoZano (ZANO) $ 10.13
  • bridged-wrapped-ether-starkgateBridged Ether (StarkGate) (ETH) $ 2,520.84
  • threshold-network-tokenThreshold Network (T) $ 0.014679
  • drift-protocolDrift Protocol (DRIFT) $ 0.491040
  • xyo-networkXYO Network (XYO) $ 0.010471
  • babylonBabylon (BABY) $ 0.063566
  • osmosisOsmosis (OSMO) $ 0.199119
  • woo-networkWOO (WOO) $ 0.076088
  • stepnGMT (GMT) $ 0.050477
  • subsquidSQD (SQD) $ 0.205811
  • incryptIncrypt (INC) $ 0.022168
  • mag7-ssiMAG7.ssi (MAG7.SSI) $ 0.773512
  • orcaOrca (ORCA) $ 2.36
  • kadenaKadena (KDA) $ 0.445560
  • stasis-eursSTASIS EURO (EURS) $ 1.13
  • kinesis-silverKinesis Silver (KAG) $ 36.69
  • enjincoinEnjin Coin (ENJ) $ 0.075647
  • nanoNano (XNO) $ 1.03
  • wrapped-fragsolWrapped fragSOL (WFRAGSOL) $ 158.83
  • coinshift-usdl-morpho-vaultCoinshift USDL Morpho Vault (CSUSDL) $ 1.03
  • tdccpTDCCP (TDCCP) $ 0.212368
  • zignalyZIGChain (ZIG) $ 0.092702
  • tellorTellor Tributes (TRB) $ 49.56
  • gohomeGOHOME (GOHOME) $ 251.54
  • rollbit-coinRollbit Coin (RLB) $ 0.062899
  • stp-networkAWE Network (AWE) $ 0.051696
  • magic-edenMagic Eden (ME) $ 0.865723
  • hamster-kombatHamster Kombat (HMSTR) $ 0.002015
  • bitkub-coinKUB Coin (KUB) $ 1.46
  • cronos-bridged-usdc-cronosCronos Bridged USDC (Cronos) (USDC) $ 0.999567
  • bitdcaBitDCA (BDCA) $ 0.960144
  • lmgrouptokenLMGroupToken (LMGX) $ 1.34
  • purr-2Purr (PURR) $ 0.213534
  • mythosMythos (MYTH) $ 0.159047
  • sushiSushi (SUSHI) $ 0.654944
  • cotiCOTI (COTI) $ 0.058500
  • ontologyOntology (ONT) $ 0.137322
  • resupply-usdResupply USD (REUSD) $ 0.989834
  • ioio.net (IO) $ 0.768886
  • agora-dollarAUSD (AUSD) $ 0.999270
  • book-of-memeBOOK OF MEME (BOME) $ 0.001794
  • compound-ethercETH (CETH) $ 50.71
  • skaleSKALE (SKL) $ 0.021271
  • swftcoinSWFTCOIN (SWFTC) $ 0.012139
  • anzen-usdzAnzen USDz (USDZ) $ 0.976348
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.120732
  • world-mobile-tokenWorld Mobile Token (WMTX) $ 0.164250
  • melania-memeMelania Meme (MELANIA) $ 0.301119
  • origin-etherOrigin Ether (OETH) $ 2,522.54
  • sui-bridged-usdt-suiSui Bridged USDT (Sui) (USDT) $ 1.00
  • amnis-aptosAmnis Aptos (AMAPT) $ 4.73
  • astherus-usdfAster USDF (USDF) $ 0.999400
  • level-usdLevel USD (LVLUSD) $ 0.999838
  • lcxLCX (LCX) $ 0.125875
  • verasityVerasity (VRA) $ 0.001482
  • cookieCookie DAO (COOKIE) $ 0.214625
  • constellation-labsConstellation (DAG) $ 0.040147
  • swipeSolar (SXP) $ 0.178041
  • terra-luna-2Terra (LUNA) $ 0.165882
  • vvs-financeVVS Finance (VVS) $ 0.000002
  • metis-tokenMetis (METIS) $ 17.71
  • statusStatus (SNT) $ 0.028611
  • big-timeBig Time (BIGTIME) $ 0.059220
  • lift-dollarLift Dollar (USDL) $ 0.999666
  • hivemapperHivemapper (HONEY) $ 0.025386
  • vicicoinViciCoin (VCNT) $ 19.58
  • bio-protocolBio Protocol (BIO) $ 0.061858
  • beets-staked-sonicBeets Staked Sonic (STS) $ 0.387709
  • moonwell-artemisMoonwell (WELL) $ 0.032500
  • kaminoKamino (KMNO) $ 0.052635
  • pocket-networkPocket Network (POKT) $ 0.049935
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