Billionaire entrepreneur Elon Musk has been appointed to head a new Department of Government Efficiency under President-elect Donald Trump, aimed at reducing federal bureaucracy and cutting wasteful spending. Alongside Vivek Ramaswamy, Musk plans to slash the government budget, estimated at $2 trillion. Musk’s experience in business, particularly at Tesla and X, where he implemented drastic workforce reductions and policy changes, may inform his approach. Critics caution that his influence could amplify misinformation concerns, while proponents argue he represents a commitment to governmental reform.