Tag: ElonMusk
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Trump Names Elon Musk to Lead New Government Efficiency Department
President-Elect Donald Trump has appointed Elon Musk, CEO of Tesla and SpaceX, to head a newly proposed Department of Government Efficiency (DOGE), signaling a major push to restructure federal agencies when he takes office in January 2025. Musk, who owns the social media platform X (formerly Twitter) and backed Trump during the November 5 presidential…
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Bitcoin Surges Past $81,000 as Trump Urged to Leverage Cryptocurrency to Address U.S. Debt Crisis
The cryptocurrency market has been thrust into the spotlight as Bitcoin surged past the $81,000 mark for the first time, driven in part by Tesla billionaire Elon Musk’s public call for incoming U.S. President Donald Trump to leverage the digital asset to tackle the country’s mounting debt. In a series of tweets, Musk warned of…
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Elon Musk’s Wealth Soars $13 Billion After Trump’s Presidential Win
Tesla and X owner Elon Musk’s wealth witnessed a remarkable surge of approximately $13 billion in the immediate aftermath of Donald Trump’s victory in the United States presidential election. The dramatic increase in Musk’s fortune highlights the intricate relationship between political outcomes and market dynamics. Strategic Investment Pays Off The wealth explosion came as investors…