Elon Musk poised for key role in Donald Trump's administration
Elon Musk is expected to play a significant role in Donald Trump's new administration. Trump has indicated that Musk may help reduce government spending, which could positively impact Musk's companies, SpaceX and Tesla. Musk, a strong supporter of Trump, invested heavily in his campaign and appeared at rallies. His businesses have substantial contracts with the U.S. government, making his potential influence on policy noteworthy. Following Trump's election victory, Tesla's stock has risen, reflecting investor optimism about the benefits of Trump's presidency for Musk's ventures.