Musk's conflicts of interest as Trump adviser could benefit him, experts warn

12/23/2024 07:00 AM

As co-chair of 'government efficiency' panel, Musk would influence policy that could help SpaceX, Tesla and X

Elon Musk's position as Donald Trump's co-chair of an advisory panel tasked with proposing huge cuts in spending and regulations has sparked criticism from legal experts and watchdogs who warn of conflicts of interest that could benefit the tech billionaire and other Trump backers.

The fledgling panel has a sweeping mandate that Musk, the world's richest man, proposed to Trump during the campaign as the tech mogul was pumping about $250m into a Pac to help Trump win the presidency.