Since taking office in January, President Donald Trump has slashed government spending and dismantled entire federal agencies and programs, with billionaire Elon Musk and his Department of Government Efficiency leading the charge.

During a remote appearance at a Morgan Stanley tech conference, he said the government should "privatize everything we possibly can."

Elon Musk said Wednesday that he wants to privatize the U.S. Postal Service and Amtrak, according to reports from multiple news outlets. And as the most powerful oligarch in the U.S.—a man who’s been given the chance to unilaterally dismantle whatever he likes under the guise of a pseudo-government agency called DOGE—the billionaire may get his wish soon.

The head of the Department of Government Efficiency suggested the move while speaking at a Morgan Stanley conference Wednesday.

Elon Musk said he believes that the U.S. should “privatize anything that can be privatized," including Amtrak and the Postal Service.

During a remote appearance at a technology conference in San Francisco, Musk told attendees the U.S. should privatize "as much as possible."

Speaking at a Morgan Stanley conference, Musk said the state of passenger rail in the US is "embarrassing."

Trump administration adviser and Department of Government Efficiency leader Elon Musk wants government-run entities like the U.S. Postal Service and Amtrak to be taken private. "Basically, something's got to have some chance of going bankrupt,

The market is exactly the wrong place to put something if you want a rail transportation system that meets the needs of all of America.’ Project 2025 called for the privatization of all sorts of government agencies and services,