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Elon Musk described Trump's potential second-term cabinet as possibly the "most revolutionary" since the American Revolution during an episode of "The Joe Rogan Experience." He emphasized the cabinet's anti-establishment nature and its focus on investigating government corruption, contrasting it with the previous administration's personnel. Musk also noted the challenges faced in Senate confirmations due to the desire for systemic change, suggesting that the media's opposition stems from a perceived threat to bureaucratic interests.
Elon Musk discussed various topics on Joe Rogan's podcast, including his views on the Department of Government Efficiency (DOGE), which he sees as a challenge to bureaucracy, and the controversial release of documents related to Jeffrey Epstein. He defended a gesture likened to a Nazi salute during Trump's inauguration and expressed concerns about the slow release of Epstein-related evidence. Musk also reflected on his acquisition of Twitter, emphasizing its impact on free speech, and cautioned against investing heavily in meme coins.
Elon Musk and Joe Rogan discussed the need for the U.S. to curb wasteful spending during a podcast, with Musk leading the Department of Government Efficiency (DOGE). They likened the federal government to a poorly managed business, emphasizing the urgency of accountability and efficiency in spending. Musk highlighted the government's staggering $2 trillion annual loss and its failure to pass audits, contrasting it with his experiences in turning around companies like Tesla and Twitter.
Elon Musk recently appeared on the Joe Rogan podcast, discussing his role as a senior adviser to Trump and the implications of DOGE on government efficiency. He addressed controversies surrounding his actions and comments, including accusations of being a "Nazi," and highlighted the need for reducing national debt through DOGE. Musk also mentioned receiving death threats due to his involvement in the Trump administration's initiatives.
Joe Rogan and Elon Musk criticized mainstream media for not celebrating the government's efforts to eliminate wasteful spending through the Department of Government Efficiency (DOGE). They highlighted the significant fraud uncovered in federal agencies, including USAID, and argued that taxpayers should welcome these findings rather than oppose them for partisan reasons. Musk emphasized that the media's resistance stems from a desire to protect bureaucratic interests, framing the narrative as a "threat to democracy" when it is really about preserving the status quo.
Joe Rogan challenged Elon Musk's claims about Social Security fraud, which suggested millions of deceased individuals, including some allegedly 150 years old, were receiving benefits. Experts dismissed these assertions as exaggerated, noting that the total number of beneficiaries is only 67 million. Rogan highlighted that outdated programming in government systems can misinterpret missing data, leading to misleading age representations.
Attorney John E. Deaton has called for a congressional investigation into the FDIC's actions regarding crypto-related banking, alleging a coordinated effort to marginalize the digital asset sector through "Operation ChokePoint 2.0." Deaton claims that recent FDIC directives to banks to pause crypto services reflect a politically motivated attempt to restrict access to financial infrastructure, potentially stifling lawful businesses. He warns that such regulatory overreach could undermine institutional integrity and innovation.
Gen Z crypto users surged by 683% on Bitget following Donald Trump's election victory, with their share of new users rising from 26.2% to 53.8% in November. This demographic, driven by Trump's pro-Bitcoin stance and favorable market conditions, saw 844,000 new users under 25 join the platform, reflecting a significant shift in crypto engagement among younger investors.
Bitcoin has reached $100,000, prompting speculation about its future as altcoins gain traction, potentially offering higher returns in 2025. Amidst this, the $XYZ meme coin has emerged, aiming for a staggering 99,900% surge, while Ethereum, XRP, and Solana show mixed performance and volatility.
Spotify's stock has surged to nearly $500, recovering from a low of under $80 at the end of 2022, following a significant business overhaul and a strategic pivot away from podcasts. The company is on track for its first full-year profitability, with a market cap soaring to about $100 billion from $15 billion two years ago. CEO Daniel Ek highlighted the company's improved gross margin, now at 31.1%, as evidence of strong execution and progress toward long-term goals.
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Elon Musk calls Trump's second term cabinet revolutionary and anti-establishment
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