• Musk’s potential cabinet role could focus on AI and government efficiency.
• Trump’s crypto campaign is gaining traction, with significant fundraising in Bitcoin.

Following breaking news shared by CNF, Donald Trump confirmed that he might tap Elon Musk as a potential cabinet member if elected. In a recent interview with former Navy SEAL Shawn Ryan, Trump revealed his intention to offer Tesla CEO Elon Musk a significant role in his administration if he wins the election.

In a Bloomberg interview, Trump stated:

He could sort of, as the expression goes, ‘consult’ with the country and give you some very good ideas, like on AI.

Trump Suggests Cabinet Role for Musk as Crypto Support Grows

Trump specifically hinted at a possible cabinet position for Musk but acknowledged the challenges posed by Musk’s multiple ventures, including Tesla and SpaceX. Alternatively, Trump suggested that Musk could serve as a federal cost-cutting consultant, praising his expertise in areas like artificial intelligence (AI).

Musk has also shown interest in contributing to government efficiency, humorously signaling his willingness with a social media post labeled “D.O.G.E (Department of Government Efficiency).” If Trump returns to power, Musk’s influence could expand, particularly in areas like electric vehicles, AI, and cryptocurrency policy.

The direct market implication is that, as Trump’s crypto campaign surges, $4 million has been raised in Bitcoin and other tokens. As previously discussed, Bitcoin (BTC) is trading at $62,836.94, having declined by 1.95% in the past day and surged by 3.80% in the past week, according to CoinMarketCap. See the BTC price chart below.