Elon Musk gets a job in Trump’s administration, what’s in it for him?

Trump picks Musk for The White House

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Elon Musk named in Donald Trump's new cabinet. Photograph: AP Photo/Evan Vucci
Elon Musk named in Donald Trump's new cabinet. Photograph: AP Photo/Evan Vucci

President-elect Donald Trump has confirmed that Elon Musk, the richest man in the world, will co-lead a newly-created Department of Government Efficiency, with a mission to slash spending by $2 trillion.

It hasn’t gone unnoticed that its acronym is DOGE, the cryptocurrency favoured by the tech billionaire. It’s one of a raft of nominations this week, with Dalkey woman Gail Slater, who worked behind the scenes in the campaign, set for a top government role.

Irish Times reporter Laura Slattery explains just what’s in this for Musk, why X is tanking and why the Guardian newspaper group has signed out of the social media platform. She also traces Slater’s path to a key role in the Trump administration.

Presented by Bernice Harrison. Produced by Aideen Finnegan.

Bernice Harrison

Bernice Harrison

Bernice Harrison is an Irish Times journalist and cohost of In the News podcast