Elon Musk’s DOGE Meme Fuels Speculation of Political Ambitions Under Trump Presidency
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Elon Musk has once again stirred the pot with a provocative social media post, hinting at a potential political role if Donald Trump reclaims the presidency in the November 2024 election.
In a recent post on X, the billionaire shared a meme that features an AI-generated image of Musk sitting behind a desk with a placard labeled “D.O.G.E.”—an acronym for “Department of Government Efficiency.”
The post, accompanied by the phrase “Department of Government Efficiency,” plays on both cryptocurrency and political themes, fueling speculation about Musk’s future in public service.
Department of Government Efficiency pic.twitter.com/HFeHYNIkJN
Following the meme’s release, Dogecoin, the cryptocurrency closely associated with Musk, saw a notable surge, reaching a 24-hour high.
However, it has not yet reclaimed its peak from earlier in the week.
The speculation is further heightened by Trump’s recent proposal to establish a government efficiency commission.
Trump has pledged to launch this commission to conduct a comprehensive audit of the federal government’s finances and performance, recommending substantial reforms.
In response, Musk retweeted a video of Trump’s announcement with the comment, “This is badly needed.”
He implied a willingness to contribute to such an initiative, but stopped short of confirming any official government role.
Trump, for his part, suggested that Musk might head the proposed task force, framing it with a hint of humor about Musk’s schedule.
“Elon, because he is not very busy, has agreed to head that task force,”
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