Elon Musk's role in delivering the US presidency for Donald Trump has given the world's richest man a unique opportunity to reshape the federal government by placing his acolytes and allies inside the incoming administration.
The billionaire's influence continues after the election, with him joining Trump during a call with Mr Volodymyr Zelensky, president of Ukraine, last week to discuss the war there. Now Mr Musk is preparing to wield new power in Washington, having been promised a wide remit as head of a new Department of Government Efficiency.
He has spoken of slashing US$2 trillion (S$2.7 trillion) from the US budget and firing hundreds of thousands from a "vast bureaucracy", while eliminating regulations he blames for stifling innovation.
Mr Musk's advisory role will be structured to ensure he keeps control of companies such as Tesla, X, SpaceX, xAI and his brain-chip company Neuralink, said people familiar with the preparations. Instead, he aims to exert power by installing long-time deputies, engineering experts, financial backers and ideological partners at government agencies.
"America's A team is usually building companies in the private sector," Mr Musk posted on his social media platform X on Nov 7. "Once in a long time, reforming government is important enough that the A team allocates time to government. This is that time."
The billionaire has leaned on a few trusted advisers to oversee his portfolio of companies, tasking them with executing brutal layoffs and abrupt changes in strategy, and meeting seemingly impossible deadlines.
For corporate restructuring, Mr Musk has often relied on Mr Steve Davis, president of the Musk-owned tunnelling start-up The Boring Company.
Diese Geschichte stammt aus der November 13, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 13, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
K-DRAMA FOR MENTAL HEALTH
If you have ever binge-watched an entire season of a K-drama like Squid Game (2021) or Crash Landing On You (2019 to 2020), one Korean-American expert has good news: It has likely improved your mental health.
Pop Mart to take action against unauthorized use of Labubu in food
Food retailers riding on the hype over Labubu to sell edible products fashioned after the monster character with serrated teeth may have bitten off more than they can chew.
Hawker food with less sodium – can you tell the difference?
Some hawkers have cut down on salt in their food and customers are not complaining
A taste of the Middle East
From Yemeni rice dishes to Syrian shawarma, Middle Eastern fare is adding spice to the food scene here
Environmental activist loves scoring deals at second-hand bookstores
Who: Woo Qiyun, 27, is better known as the environmental activist behind the Instagram account @theweirdandwild.
The Light Between Us dimmed by poor execution and editing
It does not bode well that on the first page of the story proper, there is an error.
A love letter to the bilingual book
My love affair with the bilingual book began with a volume of poems by Chilean poet Pablo Neruda, which I bought as a teenager from Carousell.
Community ties and characters anchor The Long Water
A teenage boy, Daniel, goes missing.
New novel a shadow of Haruki Murakami's older, better works
The prose in The City And Its Uncertain Walls is so repetitive, it robs the phrases of any enchantment they might once have had
Gourmet finds in Macau
This cultural melting pot has more to offer than gambling and Portuguese egg tarts