Since taking up work for President Donald Trumps’ so-called Department of Government Efficiency (DOGE), Musk’s electric car company Tesla has seen sales slide and has become a target for protests. Now some believe that damage could be terminal and that Musk poses a risk to companies outside of his own.

If Elon Musk's effort to remake the federal government was ever really about "waste, fraud, and abuse," those DOGE days are over. His quasi-agency has made huge and unprecedented changes to what the federal government does.