2025-05-31 16:55:09
Business

Elon Musk's Eventful Departure from the White House

Image courtesy of : AFP (ANDREW HARNIK)

Elon Musk, the billionaire tech entrepreneur, recently concluded his tenure as head of the U.S. government's Department of Government Efficiency (Doge), a role created by President Donald Trump. At a memorable White House event, Trump praised Musk for his "incredible service" and presented him with a gilded key as a parting gift. Despite stepping down, Musk is expected to remain a friend and advisor to the President, maintaining ties with the administration.

Musk's appearance at the farewell stirred attention as he sported a black eye, reportedly caused by his son, X Æ A-Xii, in a playful encounter. Musk downplayed the incident, attributing it to a playful mishap with his young son.

Musk's departure was overshadowed by a report in the New York Times alleging his significant drug use, including ketamine and other substances, during the 2024 presidential campaign. While Musk has admitted to using ketamine for medical reasons, he criticized the Times' report as unreliable.

During his time leading Doge, Musk initiated extensive cuts in federal jobs and expenditures, aiming to save two trillion dollars. However, the actual savings were far less, with significant public and political backlash. Musk's association with Trump also impacted his business ventures, with Tesla experiencing a decline in sales and reputation.

Now, Musk plans to refocus on his companies, Tesla and SpaceX, both facing challenges. Tesla has seen significant revenue declines, and SpaceX's recent Starship test flight was unsuccessful. Musk's exit from the White House marks a transition back to his core business activities, as he navigates the complexities of both corporate and political landscapes.

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