Department of Government Efficiency (Doge) (Investment)
Funding Details
Awarder
RSS - feeds.arstechnica.com
Date Award
May 30, 2025
Vertical
Government Efficiency
Funding URL
View Funding Page
Funding Amount
$250,000,000
Company Info
Traction
Doge's initiatives led to some regulatory changes benefiting Musk's businesses, but it also resulted in significant backlash and a decline in stock value for Tesla.
Market
US Government
Location
United States
Company Description

The Department of Government Efficiency (Doge) was established to streamline government operations and cut waste, but it faced significant backlash and failed to achieve its ambitious savings goals.

Links
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