Big windfall for Silicon Valley techies? Trump's unprecedented policies may benefit them in a big way; here's how
Billionaire Elon Musk’s close proximity to President Trump was the first indication of the President-elect’s willingness to further a neo-tech agenda. Musk has been given the responsibility, along with Vivek Ramaswamy, to head the the Department of Government Efficiency (DOGE), which will work towards cutting wasteful government spending and reducing budget deficits. Musk, the founder of new-gen technology firms like SpaceX, Neuralink and Starlink, is touted to be the 'world’s second most powerful person' after Trump takes office in January, according to an Axios report.
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Is Donald Trump appointing David Sacks in his administration?
Trump has also tapped venture capitalist David Sacks to assume the new post of White House AI and Crypto ‘czar’, and has said that with this nomination his administration aims to be a global leader in the two said fields. Sacks had earlier served as the CEO of the social networking platform Yammer, while his most known position was that of being the COO of Elon Musk’s fintech giant PayPal.
NASA is also set to be headed by tech billionaire and former astronaut Jared Issacman, who is a partner to Musk in SpaceX. Internet mogul Marc Andreessen is said to be interviewing potential candidates for positions at the Pentagon and State Department. PayPal co-founder Peter Thiel has also been nominated by the
