Elon Musk’s mass government cuts could make private companies millions
Summary
Elon Musk, through the unofficial DOGE, is aggressively slashing U.S. government agencies, eliminating programs, and reducing federal staff.
While framed as cost-cutting, these moves are benefiting private companies—including Musk’s own—by increasing reliance on private-sector contracts.
Tech and defense firms like Palantir, Lockheed Martin, and Northrop Grumman support the shift, eyeing lucrative government deals.
Meanwhile, watchdogs warn of ethical conflicts, as Trump removes oversight officials and shields Musk from scrutiny. Critics fear Musk's unchecked influence will lead to corruption and further entrench private control over government functions.
https://www.theguardian.com/technology/2025/feb/16/elon-musk-doge-government-privatizationOpen linkView original on lemmy.world238
Comments17
Yes, that is the point. Everyone here knows that. That's why we're angry all the time.
I'm surprised people aren't hitting parked Cybertrucks like they do electrical transformers.
And cost the nation billions.
Those billions will end up in the pockets of the oligarchs
They're cutting literally all the regulations. Companies can under pay, they can stop investing in safety features because who gives a shit if plebs die in
accidentsdaily cost of doing business.Magas are the ones that will suffer the hardest, they're the uneducated plebs who do these jobs. They'll be paid less, pay more taxes, suffer more accidents and work related illnesses. They literally voted to be fucked by an umbrella, and now they're shouting their victory while an umbrella is sticking out of their asses waiting for Elmo to pull and open it up
Good, I hope they suffer and/or die. I no longer give two fucks about them.
Problem is, all of us will suffer, too. And some of us will die, too. I have a problem with that.
couldwillBut I’m told by republicans it’s going back to taxpayers! Are they lying????
No, it's going to taxpayers.
Corporations pay taxes.
I mean.....do they?
In theory.
Duh.
In particular, his own.
That's
snorts massive line of ketamine
why I'm here.-Elmo
Between the cuts and the tariffs, a lot of people are going to be out of jobs.
😲