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Elon Musk Refocuses on Businesses After Scaling Back Government Role

Musk steps away from the Department of Government Efficiency, citing the need to address challenges at Tesla, X, and SpaceX.

Elon Musk in the Oval Office at the White House on May 21, 2025 in Washington, DC.
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Overview

  • Elon Musk announced he will dedicate nearly all his time to his companies after stepping back from his role at the Department of Government Efficiency (DOGE).
  • Musk's decision follows backlash against Tesla, which saw a 71% drop in profits and became a target of protests linked to his political activities.
  • The social media platform X recently experienced a global outage, prompting Musk to address operational failures and infrastructure issues.
  • Musk confirmed he will reduce his political spending significantly, stating he does not currently see a reason for future contributions.
  • SpaceX is preparing for a Starship launch next week, described as critical to Musk's long-term vision for Mars colonization.