Trump in September said if he wins reelection he will “create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government,” a plan first proposed by Musk, and said the world’s richest person has has agreed to head the task force under a Trump administration.

Billionaire Elon Musk stands to benefit greatly from his ties with U.S. president-elect Donald Trump after the Tesla CEO became one of Trump's most important supporters during the 2024 campaign.