As promised, Donald Trump has given Elon Musk a job in (or at least adjacent to) his second administration, in a brand-new extragovernmental organization named for a meme turned cryptocurrency: the Department of Government Efficiency,

Elon Musk's ties to the Trump administration pose potential conflicts of interest for his various businesses that have extensive contracts with the federal government.

A crucial tool for Musk could be his new “Department of Governmental Efficiency,” which will function outside government and make recommendations for cuts to, in his words, “excess government spending.