Elon Musk reveals ambitious plans for future following resignation from Trump's White House

Elon Musk has revealed his ambitious plans for the future following his resignation from President Donald Trump’s administration.

The billionaire announced earlier this week that he would be stepping down from his position as the head of the Department of Government Efficiency (DOGE).

Musk was appointed as an unelected official by Trump after forming a close friendship with the president during his election campaign.

Last year, the Tesla boss donated a whopping $288 million to Trump’s campaign and, since the inauguration in January, Musk has been busy hacking away at the federal budget as part of DOGE’s mission to cut back on government spending.

On Wednesday (May 28), the mogul took to his own social media platform X, formerly Twitter, to share the news that he was stepping down, writing: “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending.

“The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.”

Just hours before announcing his departure, Musk shared why he was disappointed in Trump.

Speaking to CBS Sunday Morning, Musk said: “I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing.”

Titled the ‘Big, Beautiful Bill’, the new budget is promising tax cuts and further military spending, while cutting some federal health and energy programs.

Musk went on to say: “I think a bill can be big or it can be beautiful, but I don’t know if it can be both.”

Now, it seems that Musk will be using his time to focus on his other ventures after announcing new plans for SpaceX.

On Thursday (May 29), the world’s richest man hosted an event which outlined the space company’s plans to colonize Mars.

Musk said that SpaceX intends to launch its first crewed mission to the planet as early as next year, with the spacecraft being manned by a Tesla robot.

Musk went on to say: “Launching two years later, we would be sending humans, assuming the first missions are successful.”

It is hoped that the first few launches will include transporting a small number of settlers who will be focused on building infrasture on the Red Planet.

Musk continued: “Having two strong, self-sustaining planets will be critical for the long-term survival of civilization.”

But Musk doesn’t intend to just stop there, instead he has dreams of reaching as far as the Asteroid Belt and Jupiter’s moons and one day, even other solar systems.