• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
Elon Musk's total estimated earnings from DOGE as he announces he'll be stepping down

Home> News

Published 15:54 25 Apr 2025 GMT+1

Elon Musk's total estimated earnings from DOGE as he announces he'll be stepping down

Musk's total earnings in his government role have been revealed

Harry Boulton

Harry Boulton

Elon Musk's earnings in his role as head of the Department of Government Efficiency (DOGE) have been revealed, and you might be shocked to find out how much the richest man in the world has picked up before departs from the role.

If there's one thing that has defined US President Donald Trump's return to office this year it's DOGE, as the waste-cutting agency's actions have had a (deliberately) devastating effect across countless government institutions.

At its head is Elon Musk, who following a $288 million election donation was awarded arguably one of the most powerful positions in Trump's administration, quickly branding himself 'First Buddy' due to his close relationship with the president.

Advert

Musk's influence as head of DOGE has been clear throughout Trump's second term (Jabin Botsford/The Washington Post via Getty Images)
Musk's influence as head of DOGE has been clear throughout Trump's second term (Jabin Botsford/The Washington Post via Getty Images)

Despite working 120 hours a week in a way that doctors have branded extremely dangerous, Musk's team haven't come close to the initial goal of $2 trillion in savings, and have had to roll back a number of accidental cuts that frightfully left national security at risk.

Key industry experts have urged Musk to leave his role at DOGE and return his priorities to Tesla, which has suffered significant stock market losses across the last few months, so surely you'd expect a role that's by proxy costing him billions of dollars to be paying him enough to justify the hit, right?

That's where you'd be wrong though, as Musk doesn't get paid a single penny from his DOGE role due to his position as a special government employee, and he'll leave the department with nothing in the way of a salary, as revealed by Newsweek.

Advert

On top of this, documents from the White House indicate that Musk has "no actual or formal authority to make government decisions himself," although it's clear to anyone that the billionaire is (or at least, was) a significant driver of policy within the White House and had the ear of the president.

Musk hasn't earned a single cent during his time as head of DOGE (Shawn Thew/EPA/Bloomberg via Getty Images)
Musk hasn't earned a single cent during his time as head of DOGE (Shawn Thew/EPA/Bloomberg via Getty Images)

That's not to say that his proximity to influential members of government hasn't benefitted him financially elsewhere though, as some have pointed out Musk's alleged conflict of interest when it came to the awarding of major government contracts to both SpaceX and its subsidiary Starlink.

It's Musk's position as a special government employee that's also the reason behind his somewhat unexpected exit too, as he's only allowed to work 130 days of the year which would run out by the end of May.

Advert

Reports surrounding his exit appear to suggest that his influence in government has began to wane though, especially following his failure to secure the desired supreme court vote in Wisconsin despite the allure of a $1 million 'prize'.

Any Tesla investors out there will likely hope that Musk's realigned focus on the electric car company will reinvigorate its position on the market and with consumers, but it's clear that Elon Musk's pockets have been damaged by his short stint in government, even if he still sits at the top of Forbes' rich list for the year.

Featured Image Credit: Andrew Harnik / Staff via Getty
Elon Musk
Donald Trump
World News
Money

Advert

Advert

Advert

  • Reason why Elon Musk joined Trump on trip to Saudi Arabia after saying he was stepping back from politics
  • Donald Trump finally responds to rumors Elon Musk could be stepping down from DOGE
  • Elon Musk issues three-word response to news that he will be stepping down from DOGE 'soon'
  • Fuel provider says Elon Musk's Tesla is 'refusing to pay' $2,000,000 in overdue bills

Choose your content:

2 hours ago
3 hours ago
  • 2 hours ago

    Scientists reveal people really can die from a broken heart but one gender is more like to suffer from it

    Heartbreak is now considered an actual health condition, and it can actually kill you

    Science
  • 2 hours ago

    Former FBI boss under investigation for 'threatening' Donald Trump in now-deleted Instagram post

    A seemingly innocent post about seashells is being interpreted as a threat against the president's life

    News
  • 3 hours ago

    Magna Carta 'copy' bought for $27 turns out to be an original dating back more than 700 years

    The shocking discovery is just one of 25 to exist

    News
  • 3 hours ago

    Scientists build dystopian 32ft ‘black box’ solely designed to record the end of civilization

    It's the end of the world as we know it

    Science