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Elon Musk Announces Exit from Trump Administration Role

May 28, 2025, 8:40 p.m. ET

AsianFin-- Elon Musk, head of the U.S. Office of Government Efficiency, announced on his social media platform X that he will soon step down from his role as a special government employee under President Donald Trump.

“As my term as a special government employee nears its end, I want to thank President Trump for the opportunity to help reduce wasteful government spending,” Musk wrote in the post.

Musk’s appointment had stirred controversy when first announced, with critics questioning the alignment between his private sector interests and public office. However, supporters praised his cost-cutting initiatives and data-driven reforms.

The Tesla and SpaceX CEO did not elaborate on his future plans, but the statement signals a likely return to full-time focus on his business ventures.

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