Elon Musk Is Tapped To Lead Deregulation Push Under The Second Trump Presidency. Here's How It Can Benefit His Companies. - video Dailymotion

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Elon Musk's businesses stand to gain from federal deregulation and lucrative government contracts under Trump’s presidency. SpaceX has received over $19 billion in federal contracts and is projected to earn billions annually through government deals. Musk has been appointed by Trump to lead the Department of Government Efficiency, focusing on regulatory rollbacks, cost reductions, and large-scale agency audits. Musk and Ramaswamy argue that many federal regulations lack congressional approval and advocate for their nullification through executive action.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Elon Musk's businesses stand to gain from federal deregulation and lucrative government

00:06contracts under Trump's presidency. SpaceX has received over $19 billion in federal contracts

00:12and is projected to earn billions annually through government deals. Musk has been appointed by Trump

00:17to lead the Department of Government Efficiency, focusing on regulatory rollbacks, cost reductions,

00:22and large-scale agency audits. Musk and Ramaswamy argue that many federal regulations lack

00:27congressional approval and advocate for their nullification through executive action.

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