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Elon Musk is stepping down from his role as a senior adviser to President Donald Trump, following his leadership in efforts to streamline and reform the federal bureaucracy.
In a post on his social media platform X, Musk thanked Trump for the opportunity to lead the Department of Government Efficiency, commonly referred to as DOGE.
Tesla (NASDAQ:TSLA) and SpaceX CEO Musk’s exit comes after he criticised Trump’s “big, beautiful” budget bill – the legislative centrepiece of the president’s agenda.