BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home FINANCE

Elon Musk Steps Down from DOGE, Remains Trump Advisor

Michael Juanico by Michael Juanico
May 30, 2025
in FINANCE, POLITICS
Reading Time: 2 mins read
4
SHARES
63
VIEWS
Share on XShare in TelegramShare on Reddit
  • Elon Musk stepped down as DOGE chief but will still advise President Trump moving forward.
  • During his tenure, the DOGE team saved over $160 billion for FY 2025–26 and aims to hit $200 billion soon.
  • Musk described DOGE as a long-term movement, comparing it to a “way of life” that will keep growing in influence.

Elon Musk’s time leading the Department of Government Efficiency (DOGE) has wrapped up, but he’s not disappearing from the scene. Musk described his role as a “limited-term assignment,” noting it’s time to shift focus back to Tesla and SpaceX. Despite stepping down, he promised to stay on as a friend and adviser to President Trump, keeping ties strong with the White House.

🇺🇸 ELON MUSK: WILL BE AN ADVISOR TO TRUMP—THIS IS NOT THE END OF DOGE, BUT REALLY THE BEGINNING pic.twitter.com/0ASC5NFndh

— BlockNews (@blocknewsdotcom) May 30, 2025

A Humble Farewell with a Touch of Humor

Wearing a jacket over a shirt that cheekily read “The DOGE-Father,” Musk kept things lighthearted during his farewell press conference. Trump, standing nearby, praised Musk’s work as “historic” and said their friendship was “truly special.” Musk emphasized this isn’t the end for DOGE, calling it a philosophy, even comparing it to Buddhism—“a way of life” that will continue to drive transformation in government.

Billions Saved and Bigger Goals Ahead

During his tenure, Musk and the DOGE team calculated over $160 billion in savings for the 2025–26 fiscal year, a number that’s expected to rise past $200 billion. The mission? Eliminate waste, curb inefficiency, and inject some serious innovation into the public sector. Musk believes this is only the beginning of what DOGE can achieve.

.@VP on @elonmusk: "I think what he's done is really incredible… the DOGE effort will continue… and most importantly, the job, the job of making the government more efficient — of not wasting people's money — that has to continue. I think it's one of the most important… pic.twitter.com/w1S3Dfhweg

— Rapid Response 47 (@RapidResponse47) May 30, 2025

Still on the Radar, Just Not in the Spotlight

Although he’s moving away from his government role, Musk isn’t leaving the conversation. He plans to keep advising Trump and supporting DOGE’s evolution behind the scenes. For now, though, it’s back to rockets, EVs, and reshaping the future—one project at a time.

Tags: DOGEElon MuskPresident TrumpSpaceXtesla
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University. He has been a Content Writer since 2019, covering a wide range of topics. His interest in crypto began in 2021, eventually becoming his main focus. For almost four years, he has worked with Aiur Labs and holds BTC, TRON, and a few memecoins.

DON'T MISS THESE! HOT OFF THE PRESS

Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token
CRYPTO

Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token

August 30, 2025
Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser
BITCOIN

Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser

August 30, 2025
Indian Court Hands Life Sentences to Ex-Politician and Police Officers Over Bitcoin Kidnapping Plot
BITCOIN

Indian Court Hands Life Sentences to Ex-Politician and Police Officers Over Bitcoin Kidnapping Plot

August 30, 2025
Canary Capital CEO Predicts XRP ETFs Could Eclipse Ethereum With $5B Surge in First Month
CRYPTO

Canary Capital CEO Predicts XRP ETFs Could Eclipse Ethereum With $5B Surge in First Month

August 30, 2025
$APE Launches Project R.A.I.D: From Governance Token to Culture Currency
CRYPTO

$APE Launches Project R.A.I.D: From Governance Token to Culture Currency

August 30, 2025
Amplify Pushes for SEC Nod on First-Ever XRP Option Income ETF
CRYPTO

Amplify Pushes for SEC Nod on First-Ever XRP Option Income ETF

August 30, 2025
Load More

Related News

Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token

Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token

August 30, 2025
Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser

Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser

August 30, 2025
Indian Court Hands Life Sentences to Ex-Politician and Police Officers Over Bitcoin Kidnapping Plot

Indian Court Hands Life Sentences to Ex-Politician and Police Officers Over Bitcoin Kidnapping Plot

August 30, 2025
Ethereum Price Slips Despite $4B ETF Inflows and Record On-Chain Growth in August

Ethereum Price Slips Despite $4B ETF Inflows and Record On-Chain Growth in August

August 30, 2025
Canary Capital CEO Predicts XRP ETFs Could Eclipse Ethereum With $5B Surge in First Month

Canary Capital CEO Predicts XRP ETFs Could Eclipse Ethereum With $5B Surge in First Month

August 30, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews