US President-elect Donald Trump has taken a new turn in his administration by appointing Elon Musk as the head of the newly created Department of Government Efficiency (DOGE). This new body, which shares its acronym with the famous cryptocurrency Dogecoin, will focus on reducing bureaucracy, cutting expenses and radically reforming federal agencies.
In partnership with entrepreneur Vivek Ramaswamy, Musk will lead one of the most ambitious transformations of the American public administration.
BREAKING: President Trump has tapped Elon Musk and Vivek Ramaswamy to lead the DOGE — Department of Government Efficiency.
Musk and Ramaswamy: A disruptive alliance for efficiency
The collaboration between Musk and Ramaswamy promises a dramatic shift in the U.S. government structure. Musk, known for his ability to implement disruptive technologies, seeks to use his expertise in operational efficiency to implement a radical approach to eliminating inefficient government practices.
According to Trump, “these two wonderful Americans” will play a key role in his mission to reduce regulations and dismantle bureaucracy, which in turn will strengthen the “Save America” movement.
DOGE: A name with a nod to Dogecoin and a positive impact on its value
The DOGE acronym has captured the attention of the crypto community, generating a positive impact on the value of Dogecoin, which increased by 2% in the first hours of the day
Musk, a well-known proponent of the cryptocurrency, has made it clear that the department’s name was an intentional choice, expressing his excitement at seeing “DOGE on a bronze plaque” as a symbol of the efficiency he seeks to implement in the government.
Decision-making power that favors Tesla and SpaceX
Musk will play a key role in overcoming regulators who have been obstacles to Tesla and SpaceX's progress. With DOGE at his helm, Musk could facilitate federal approval of autonomous vehicles and ease restrictions on rocket launches. In addition, Tesla's stock is expected to continue its growth on the stock market, where it has surpassed $1 trillion in market capitalization since Trump's victory.
Vivek Ramaswamy: Musk's strategic ally
Vivek Ramaswamy, who ran in the Republican primaries and is a staunch supporter of Trump's policies, joins Musk in DOGE with the goal of significantly reducing government spending.
Ramaswamy has expressed support for staff cuts in the civil service, aligning himself with Musk's vision for a deep transformation of government systems.
Musk and his role as a political activist
Musk's influence on Trump's election campaign has been key, both financially and in his public appearances. In recent months, Musk donated more than $120 million to support the campaign and openly promoted voting for Trump. He even organized raffles for one million dollars for registered voters, which generated controversy and the intervention of the Department of Justice, although without legal consequences.
Political projections and the future of DOGE in the electoral landscape
Musk has announced that his political organization will remain active, with a mission to register Republican voters in key districts and support candidates aligned with their ideals. This strategic approach promises to strengthen the Republican electoral base ahead of the 2026 midterm elections, marking a sustained presence in the US political landscape.
An impact that resonates in the market
The creation of DOGE and the appointment of Musk as head of this department have had a positive impact on the value of Dogecoin, increasing its appeal among investors. This new stage places Musk as one of the most influential figures in politics and technology, with a decisive role both in the Trump administration and in the evolution of the cryptocurrency market.
Conclusion
Musk’s appointment as DOGE chairman marks the beginning of an unprecedented transformation in US government efficiency, combining his technological vision with a radical focus on cutting bureaucracy and spending.
With Trump's backing and in alliance with Vivek Ramaswamy, Musk not only seeks to optimize public administration, but also to strengthen his influence in politics and the market, consolidating DOGE as an emblem of change and efficiency.
