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Blog Post | April 8, 2025

Billionaires and the Trump Admin: Elon Musk

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Billionaires and the Trump Admin:  Elon Musk

Elon Musk

Net worth: $330 Billion (As of March 11 2025)

  • Elon Musk is a billionaire entrepreneur and businessman currently controlling the “Department of Government Efficiency” (DOGE) though the Trump administration has denied that he has any authority over the secretive group. Musk also currently serves as the CEO of Tesla, CEO of Space X, Chairman of X.com (Twitter), and is the majority owner of Neuralink and the Boring Company. 
  • Musk has directed the actions of DOGE since its inception at the beginning of the Trump administration. 
  • Musk has had frequent issues with regulators throughout his career, fighting with the FAA, OSHA, NLRB, NHTSA, SEC and others. DOGE has gutted some of these agencies . 
  • Musk was previously described as a Democrat, but became increasingly enraptured by right wing propaganda in recent years. He has been vocal about white birth rates, is virulently transphobic (calling his daughter dead after she came out as trans) and openly defied public health orders during the Covid-19 pandemic. 
  • Among other things, Musk is very into cryptocurrencies including “memecoins”. He named his agency after the DOGE meme (which became it’s own crypto currency later)

For more information, see the Revolving Door Project’s Billionaires in Trump World tracker.

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