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Donald Trump Plans To Offer Bitcoin Advocate Elon Musk Cabinet Position if He Wins Presidential Race: Report

August 21, 2024
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Donald Trump Plans To Offer Bitcoin Advocate Elon Musk Cabinet Position if He Wins Presidential Race: Report
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Former President Donald Trump is reportedly open to offering Elon Musk a cabinet or advisor position if he wins the presidential election in November.

Trump reportedly told Reuters on Monday that the Tesla chief executive is a “brilliant guy” and said he “certainly would” consider Musk for a position.

Musk endorsed Trump in July, hours after a shooter attempted to assassinate the former president.

The SpaceX CEO has shifted to the right politically in recent years, particularly after clashes with left-leaning pundits and politicians about the way he operates the social media platform X.

Musk has also pinned the cause of inflation on the federal government’s massive budget deficit.

In an interview with podcaster Lex Fridman, the Tesla CEO said he would be willing to work with the government to improve the nation’s fiscal situation.

“I have discussed with [Donald] Trump the idea of a government efficiency commission, and I would be willing to be part of that commission…

The antibody reaction would be very strong. You’re attacking the matrix at that point. [The] matrix will fight back.”

On the social media platform X, Musk posts a meme, saying he’s “willing to serve” as an official of the Department of Government Efficiency or DOGE, a reference to Dogecoin (DOGE) – a memecoin that he has advocated for over the years.

Musk has been a vocal supporter of crypto. Tesla currently holds 9,270 Bitcoin (BTC) worth approximately $709 million, according to Bitcointreasuries.net.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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