Elon Musk announces departure from US President Trump’s administration | Elon Musk News

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DEVELOPING STORY,

Musk announced the news on X, where he declared his controversial government cost-cutting measures a victory.

Tech billionaire Elon Musk has announced that he is leaving the administration of United States President Donald Trump, where he led a months-long project to cut costs in the federal government.

“As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending,” he wrote on the social media platform on Wednesday evening.

“The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government,” Musk said, referring to the Department of Government Efficiency, which he was a top figure in.

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An unnamed White House official confirmed the news with the Associated Press.

Musk’s departure comes just days after he publicly expressed concerns about Trump’s flagship “big, beautiful bill”– a 1,000-page piece of legislation that extends the president’s 2017 tax cuts while adding work requirements for food assistance and Medicaid.

“I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing,” Musk told the news programme CBS Sunday Morning, using an acronym for the “Department of Government Efficiency”.

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The bill also allocates spending for some of Trump’s signature projects, like building a wall between the US and Mexico and raising funding for Immigration and Customs Enforcement.

The “big, beautiful bill” passed in the House of Representatives last week and will next be discussed by the Senate.

Musk joined the Trump Administration in January with the promise of slashing at least $1tn from the US federal budget, although the DOGE website shows that it has only achieved around $175bn in savings, or $1,088.96 per US taxpayer.

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If passed in its current format, Trump’s spending bill would cancel out DOGE’s work because it is expected to raise the US deficit by $3.9tn by 2034, according to the Congressional Budget Office.

“I think a bill can be big, or it can be beautiful, but I don’t know if it can be both. My personal opinion,” Musk told CBS.

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