🚨Elon Musk’s D.O.G.E Could Crash the US Stock Market🚨

Elon Musk’s new plan, D.O.G.E, to cut $500 billion in government spending is already making major corporations nervous.

Defense giants like Lockheed and Boeing, as well as pharmaceutical companies like Pfizer, could lose billions if DOGE terminates its contracts.

Dogecoin skyrocketed 150% after the D.O.G.E announcement, proving that anything Elon touches sends crypto traders into a frenzy.

Elon Musk’s latest initiative, co-led by Vivek Ramaswamy, is shaking up the financial world. Called the Department of Government Efficiency (D.O.G.E), the initiative launched under President Donald Trump aims to cut federal spending by targeting $500 billion in unauthorized or misused spending.

But while Elon touts cost-cutting and deregulation as his ultimate goals, the potential fallout from D.O.G.E. has Wall Street sweating.

Federal contractors, pharmaceutical giants, and even defense giants like Boeing and Lockheed Martin are bracing for a storm. Analysts at TD Cowen are already sounding the alarm. Roman Schweizer, in a note to clients Friday, called D.O.G.E. a “major risk factor” for companies tied to government contracts.

“Downside is possible, and uncertainty will linger for months,” he said. For a market already nervous about sky-high valuations, D.O.G.E. could be the wrecking ball no one expected. D.O.G.E. Aims for $500 Billion in Spending

In their op-ed in the Wall Street Journal, the two men explain their approach: reduce regulatory burden, lower administrative costs and save taxpayers billions.