Cathie Wood expressed confidence that Elon Musk will enhance government efficiency, stating, "I think he's going to bring a lot of efficiency to government." This sentiment underscores her belief in Musk's capabilities to streamline federal operations.
Elon Musk previously pitched the need for a government efficiency commission during a live conversation with Trump, saying, "It would be great to just have a government efficiency commission that...ensures the taxpayers' hard-earned money is spent in a good way." This reflects his commitment to fiscal responsibility.
Wood noted Musk's unique understanding of the technological landscape, commenting, "Elon understands we are at the threshold of a convergence among many technologies, with AI being at the center of it. He has more proprietary data than I think any other CEO."
Highlighting the value of data, Musk has stated, "data is probably more valuable than gold," indicating the significant assets held by his companies, such as Tesla and SpaceX, and suggesting these could play a crucial role in his new government role.
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