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 Department of Government Efficiency aims to streamline operations and cut excess costs at Amtrak and the US Post Office.
Amtrak and the U.S. Postal Service. Elon Musk thinks they should be privatized saying other countries' train services far outpaces ours and President Donald Trump has long lamented how much money is lost through the mail but critics warn services would suffer especially in rural areas.
It’s “kind of embarrassing” how other countries have “way better passenger rail than we do,” Msuk said during a virtual appearance at a Morgan Stanley tech conference.