Helped Trump with Funds and Connections During U.S. Presidential Election
Speculation Grows Over Possibility of a "Second Trump" in U.S. Politics





Elon Musk, CEO of Tesla, has emerged as a key figure in the second Trump administration. Musk has been appointed head of the Department of Government Efficiency (DOGE), and his office is located right next to the Next Wing of the White House Oval Office, signaling a close cooperative relationship with President Trump. Foreign media predict that Musk's influence will extend across overall policy, while some raise concerns about potential interference in domestic affairs.


Musk officially joined the Trump camp after the shooting incident during Trump's Pennsylvania campaign rally in July last year. At that time, Musk donated approximately 240 billion KRW in political funds and supported fundraising events and promotion through his social networking service X (formerly Twitter), significantly contributing to the rise in support for then-candidate Trump. This support is credited with providing new momentum to the Trump campaign, which had been at a standstill.


In particular, Musk is known to have played an important role in ceasefire negotiations in the Ukraine war, leveraging his extensive connections with emerging Russian energy tycoons. Foreign media have also reported that Musk has maintained a personal friendship with Russian President Vladimir Putin. The Trump transition team reportedly actively utilized Musk's network in establishing negotiation channels with Russia.


As head of DOGE, Musk has announced plans for a major restructuring. He stated that a $2 trillion (approximately 2,875 trillion KRW) reduction in government spending is possible, and it is reported that proposals for cuts exceeding $1 trillion have already been developed. This is expected to lead to a large-scale restructuring within the U.S. civil service, with significant workforce reductions likely unavoidable.


On the 20th (local time), Elon Musk, head of the U.S. Department of Government Efficiency (DOGE) and CEO of Tesla, cheers at the DOGE inauguration ceremony. Photo by AFP and Yonhap News

On the 20th (local time), Elon Musk, head of the U.S. Department of Government Efficiency (DOGE) and CEO of Tesla, cheers at the DOGE inauguration ceremony. Photo by AFP and Yonhap News

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Additionally, deregulation in future IT industries such as electric vehicles, autonomous driving systems, flying cars, and space industries is expected to be actively pursued. Especially as the owner of Tesla and SpaceX, Musk is anticipated to significantly ease regulations in his business sectors. This raises expectations that technological advancements, which were constrained by various safety regulations under the Biden administration, may accelerate.


SpaceX's Starlink system is one of Musk's core businesses drawing attention. Once completed, this system will enable the use of autonomous driving systems linked to electric vehicles without relying on terrestrial 6G communication networks. Notably, cooperation with NASA is essential for Starlink, and Musk's entry into a government position is expected to strengthen this collaborative relationship.


Meanwhile, former White House Chief Strategist Steve Bannon strongly opposed Musk's rapid rise, calling him "an evil person." Among Trump's existing close aides, voices of caution and jealousy toward Musk have emerged. This is analyzed to stem from the fact that Musk was not originally a strong supporter of President Trump.


Musk, originally from South Africa, has also been embroiled in controversies over far-right tendencies. Recently, he made statements on social media supporting far-right parties in Germany and the United Kingdom, sparking controversy. However, looking at his background, he was reportedly bullied during his school years due to his unusual surname, which was a factor that led him to leave South Africa and immigrate to Canada.


On the 19th (local time), a promotional Tesla Cybertruck with "Trump" written on its surface was driving around Washington DC a day before the inauguration of U.S. President Donald Trump. Photo by AFP and Yonhap News.

On the 19th (local time), a promotional Tesla Cybertruck with "Trump" written on its surface was driving around Washington DC a day before the inauguration of U.S. President Donald Trump. Photo by AFP and Yonhap News.

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Musk immigrated to Canada at age 17 in 1989 and later transferred to the Wharton School in Pennsylvania, USA. He currently holds citizenship in Canada, the United States, and South Africa. This background is analyzed as a potential limiting factor in his political career.


Opinions are divided on Musk's future political trajectory. Considering that no immigrant-born individual has ever become U.S. president and the conflicting interests between the electric vehicle industry and the Republican Party, it is widely expected that Musk will focus on expanding his political influence to advance his business rather than pursuing a presidential bid.


Particular attention is also paid to potential conflicts between Tesla's electric vehicle business and the Republican Party's support base in the oil industry. Additionally, being an immigrant may pose constraints in security-related industries like SpaceX. In fact, when SpaceX initially conducted business with NASA, Musk's background reportedly required extensive verification procedures.



Overall, it is widely believed that Musk's entry into politics is a strategic choice aimed at advancing his companies. Attention is focused on how he will navigate his relationship with the Trump administration and the various policy initiatives going forward.

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This content was produced with the assistance of AI translation services.

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