The billionaire entrepreneur has spearheaded the Department of Government Efficiency, which is playing a leading role in downsizing and overhauling the federal government.

Elon Musk’s controversial tenure slashing federal bureaucracy appeared to be approaching its conclusion, as the billionaire’s government service faced a legal cap.

Politico, citing four anonymous 'Trump insiders,' wrote that President Donald Trump and Musk had 'decided' that the 53-year-old billionaire entrepreneur will soon 'be stepping back'...