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Elon Musk Advocates Privatizing USPS and Amtrak During Tech Conference

Speaking at a Morgan Stanley event, Musk criticized U.S. public services as inefficient and suggested privatization as a solution, echoing similar ideas from the Trump administration.

  • Elon Musk called for the privatization of Amtrak and the United States Postal Service during a virtual appearance at the Morgan Stanley Technology, Media, and Telecom Conference.
  • Musk described the U.S. federal government as being in worse shape than any commercial company and likened his advisory role to a large-scale corporate restructuring.
  • He praised foreign rail systems, particularly China's, while calling the state of U.S. passenger rail 'embarrassing' and warning tourists against using it.
  • The Trump administration has also floated the idea of privatizing the USPS, with recent discussions about placing it under the Commerce Department's control, raising legal concerns.
  • Although Musk holds an informal advisory role to the Department of Government Efficiency (DOGE), President Trump has publicly referred to him as its leader, despite legal scrutiny over Musk's influence.
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