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Market news: Musk plans to resign as head of the U.S. Department of Government Efficiency in May

Online reported that on Thursday, Musk said he plans to resign his position at the U.S. Department of Government Efficiency (DOGE) in the spring. In an interview with Fox News, Musk said he plans to resign his position at the U.S. Department of Government Efficiency (DOGE) in May, when he was interviewed with six members of the department. Musk said he was overseeing a "government revolution." "I think we will do most of the work needed to reduce the $1 trillion deficit within that timeframe," Musk said.

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