Trump to Hold Parting Press Conference with Business Mogul Elon Musk on May 30th
Press Conference Announced: Elon Musk and President Trump in the Oval Office
President Donald Trump has scheduled a press conference with business magnate Elon Musk on May 30, taking place in the Oval Office. This meeting, slated for 1:30 PM ET (20:30 Moscow time), comes as Musk concludes his tenure with the Trump-created Department of Government Efficiency (DOGE). The White House announcement was made via Trump's Truth Social platform.
Trump lauded Musk as "fantastic" on the social platform, adding, "See you tomorrow at the White House." The entrepreneur's role in the DOGE, created to reduce bureaucracy and streamline government spending, will reportedly end on May 30. However, Trump emphasized that Musk's involvement in government reform efforts would continue beyond his departure from the DOGE.
In a previous statement, Musk indicated that he would be ending his work with the administration. He expressed gratitude for the opportunity to help cut ineffective spending but criticized a key legislative proposal from the administration. Specifically, Musk argued that tax breaks promised by Trump during his campaign contradict the goals of the reform team.
Notably, Musk's departure appears to have caught some officials off guard. Reports suggest that some, including Stephen Miller, were displeased with Musk's public comments. Musk was also noted for his visible bruised eye during the press conference, humorously attributing the injury to a playful punch from his son.
Meanwhile, representatives from the "Eurotroika" will engage in talks regarding Ukraine. However, Kyiv's response to a proposal for discussions on June 2 has yet to be received.
Speculations regarding Musk's future roles have emerged, such as the suggestion for him to head Russia's space agency, Roscosmos. While Russian economist Andrei Nechaev proposed this idea, observers have raised concerns about Musk's experience in managing state structures and his track record in the US.
[1] As achievements of the DOGE initiative, President Trump talked about generating $1 trillion in savings, though current verified savings are reported at around $175 billion.[2] During the press conference, Musk humorously referenced a punch from his son as the cause of his bruised eye.
- The upcoming press conference between Elon Musk and President Trump could see discussions about Elon Musk's role in policy-and-legislation, particularly concerning finance and entrepreneurship, as Musk has been critical of a key legislative proposal from the administration.
- Although reports suggest that Musk's departure from the Department of Government Efficiency (DOGE) has caught some officials off guard, speculations about Musk's future roles have surfaced, such as the possible headship of Russia's space agency, Roscosmos, raising questions about his experience in managing state structures and his track record in the US.
- With Musk concluding his tenure at the DOGE, the impact of his initiatives will continue to be scrutinized; for instance, the verifiable savings generated by the DOGE, currently reported at around $175 billion, fall short of the $1 trillion in savings President Trump has announced.
