Musk, who backed Trump's presidential campaign, and Trump held a conversation on the x platform. Then, they engaged in a friendly discussion on various topics including immigration, economy, and technology. According to X, their dialogue lasted over two hours, with more than a million people watching simultaneously.

The Department of Government Efficiency (DOGE) is a planned United States presidential advisory commission announced by Donald Trump, the president-elect of the United States, in preparation for his second term as U.S. president. It will be led by the billionaire businessmen Elon Musk and Vivek Ramaswamy. Despite its name, it is not expected to be a federal executive department, the formation of which would require approval by the U.S. Congress. Musk has stated that he believes such a commission could reduce the U.S. federal budget by $2 trillion. Jamie Dimon, the chief executive officer of JPMorgan Chase, has supported the idea. Some commentators questioned whether DOGE is a conflict of interest for Musk given that his companies are contractors to the federal government. The department's name is a backronym referencing both Doge, an internet meme, and Dogecoin, a cryptocurrency named for the meme and publicly supported by Musk.