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US President tells close contacts Musk will soon leave govt role
The Straits Times
|April 04, 2025
US President Donald Trump has told members of his Cabinet and other close contacts that tech billionaire Elon Musk will soon step back from his cost-cutting government role, Politico reported on April 2, citing three people close to Mr. Trump.
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WASHINGTON - US President Donald Trump has told members of his Cabinet and other close contacts that tech billionaire Elon Musk will soon step back from his cost-cutting government role, Politico reported on April 2, citing three people close to Mr. Trump.
Mr. Trump tasked the Tesla and SpaceX chief executive with leading efforts through his Department of Government Efficiency (Doge) to cut government funding and dismantle various US agencies as a special government employee.
Politico reported that both Mr. Trump and Mr. Musk decided in recent days that the billionaire will soon return to his businesses, but gave no specific date.
Mr. Musk and Doge did not immediately respond to requests for comment on the report.
Shares of some companies, including government contracting companies, rose following the report.
This story is from the April 04, 2025 edition of The Straits Times.
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