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Directing an official and extremely powerful division of the White House named for an internet meme was beyond what Elon Musk could “imagine” before the elections, the richest person in the world joked on a episode From the podcast “Joe Rogan Experience” released on Friday.
Donald Trump and Elon Musk, on the right, during the UFC 309 event at Madison Square Garden in November.
Key facts
“This is the most absurd result,” replied Musk when Rogan request If you direct the Ministry of Government (DOGE) For President Donald Trump was something that Musk “has ever decided to do”.
Beyond the extent of the role of musk supervising the expenses of the federal government and large-scale layoffs, Musk pointed out the official name of Doge, a nod to the mastiff Cryptocurrency token it is praised for yearsWith an official mascot in the breed of dog Shiba Inu, is “totally” “evidence of simulation”, as Rogan pointed out.
The wink of Musk to the absurdity of Doge intervenes while the survey suggests that the Americans have mixed opinions on its leading role in the government, just with 23% Respondents to a CBS News / Yougov survey in accordance with Musk having “a lot” of influence and 54% Respondents to a Pew Research Center sharing investigation, they have an unfavorable vision of Musk.
Musk then shredded the idea of coins – crypto tokens with no popular intrinsic value with certain traders for their great volatility which can cause rapid wealth or losses.
“Do not bet the farm on a piece of memes” because “you are not going to win”, advised Musk, who compared trading of cryptographic tokens to “musical chairs”.
Crucial quote
“If you expect to win at the same corner … You are stupid,” said Musk.
Key
The coins have Authorized in popularity In recent months. Maybe the same most famous corner comes from the Musk boss, who released an official $ Trump Token last month, losing more than 80% of its value of its peak shortly after its release of January 17, although Trump’s company received $ 290 million In the costs of launching the same room. Dogecoin is the most precious piece of memes in the world with a market value of almost $ 30 billion, more than that of Tyson Foods or Carnival Cruise Line.
Main criticisms
DOGE SWEEPING dismissal Thousands of employees of the federal government have attracted decline On both sides of the aisle, including senator Susan Collins, R-Maine, who qualified the dismissals of “big problem”. A few 85% Democrats and Americans with a democratic Sens have an unfavorable vision of Musk, and the Democrats of the Congress have often criticized the billionaire’s efforts, including Senator Elizabeth Warren, D-Mass., Who last week accused Musque to hide behind a “Gusher of IdiTs tweets”.
Forbes assessment
Musk is worth $ 359 billion, according to our last estimates, which is more than $ 90 billion more than it was worth before the elections. Most of his sound fortune comes from his main challenges in a trio of companies which he directs as chief executive in the manufacturer of electric vehicles listed on the stock market Tesla and his private company aerospace spacex and his startup generating artificial intelligence XAI.