In 2022 Trump and Musk were publicly trading insults. By 2024 Elon Musk had spent over $250 million backing Trump’s presidential campaign through his America PAC — one of the biggest political donations in US history. Trump won. Musk was handed the Department of Government Efficiency — DOGE — with access to federal agencies and spending records. Musk promised to cut $2 trillion from the federal budget. By the time he left in May 2025 DOGE had claimed savings of around $175 billion. On his last day Trump gifted Musk a key in the Oval Office. Whether you support them or not — the business strategy behind this alliance is one of the most powerful moves in modern political and financial history.
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