How Musk is benefiting from DOGE

TOP LINE: It has been reported that Musk has increased his personal net worth over $100 billion since Trump was elected.

Federal Contracts for Musk’s businesses

Under the Trump Administration, federal government agencies — perhaps influenced by
Musk or seeking his favor — have entered or explored new lucrative contracts for his
companies and turned to his companies’ services.

Ending enforcement actions against Musk’s businesses

During the Trump Administration, federal agencies have dropped investigations into Musk
companies, declined to enforce regulations against them, or foregone penalties that appear
to have been warranted.

 

Foreign deals

Musk secured deals with foreign nations and companies, often after using his unique access
to Trump Administration policy discussions and staff.

 

Undercutting agencies regulating and investigating Musk’s businesses

Largely guided by Musk’s DOGE, the Trump Administration has hamstrung the agencies
overseeing Musk’s companies, gutting their staff, throwing sand in the gears of their
operations, and embedding DOGE staff loyal to Musk.

 

Policy changes and approvals that benefit Musk’s businesses

Agencies have pursued policy changes and regulatory approvals that benefit Musk’s
companies

 

Special access to sensitive meetings and data

Musk received special access to sensitive government meetings, classified information, and proprietary government data that can boost his companies.

 

Influence over government personnel

Musk has been involved in selecting and installing personnel loyal to him in agencies that
regulate or contract with his companies.

 

Musk’s parochial interests over the public interest

Musk appeared to redirect foreign aid and immigration policy toward his personal
parochial interests rather than the public’s interest

 

Leveraging Musk’s power to threaten other businesses

Musk companies reportedly use the promise of federal assistance — or threat of federal
penalties — to extract better deals from business partners and competitors.

 

Weaponizing agencies against Musk’s enemies

The Trump Administration weaponizes federal enforcement powers against Musk’s
enemies.

 

Securing policy benefits through Congress

Musk’s influence-peddling in Congress will benefit his bottom line.

 

Deals for Musk’s family

Musk’s family members also receive new business opportunities – soon after Musk
becomes top advisor to the president

 

Meddling in the electoral and judicial processes

Musk uses his influence to meddle in the political and judicial processes in ways that could
help protect his political — and financial — interests

 

Lack of public transparency

Despite his calls for the government to practice “maximum transparency,” Musk has failed
to inform the American people of critical information about his potential conflicts of
interest

SOURCES: https://www.warren.senate.gov/imo/media/doc/130_days_of_elon_musk_report.pdf