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↝ Elon Musk's Influence Expands to Federal and Political Arenas; Controversies Continue

Elon Musk's Influence Expands to Federal and Political Arenas; Controversies Continue
Elon Musk's influence apparently is expanding into political and federal sectors, as seen with the access his staff and the cryptocurrency he backs, DOGE, have gained to the Treasury’s Payments System and sensitive federal databases. This move has caused concern among officials and triggered the exit of a senior U.S. official due to disagreements. Substantial funds seem to be involved, with Musk having reportedly spent around $290 million on the 2024 election and criticisms arising around his team's access to the Social Security Check System. In the business arena, Musk appears to be focusing on furthering his company X, which is even reportedly planning to partner with Visa to launch a rival to Venmo. Despite these activities, controversy continues to surround Musk, with objections over his support of right-wing parties, examples being in Germany where his influence is suspected to elevate the far-right AfD closer to power. His affiliation with Trump also sparks speculation about his potential political aspirations.

Elon Musk News Analytics from Mon, 21 Oct 2024 07:00:00 GMT to Sun, 02 Feb 2025 01:15:30 GMT - Rating 1 - Innovation 3 - Information 6 - Rumor -2

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