PANews reported on November 11 that Ark Invest CEO Cathie Wood stated on X: "The U.S. should relax regulations and weaken the influence of agencies such as the SEC and FTC. Cut government spending to make room for the private sector. Implement tax cuts and focus on technological innovation. Doing so may more forcefully drive the U.S. economy than during the 'Reagan Revolution.'"
Musk retweeted the post, calling the proposals "great".