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Elon Musk Leaves a Legacy of Self-Destruction

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“Elon Musk arrived in Washington as the most powerful political outsider ever, brimming with Silicon Valley swagger and bipartisan buy-in for his goal of streamlining the federal government,” Axios reports.

“He’s leaving with his reputation wounded, relationships severed, companies in crisis, fortune diminished — and little to show for DOGE but chaos and contested savings.”

Stunning takeaway: “Musk’s net worth has declined by a staggering $122 billion this year — nearly matching the $160 billion in government savings claimed by DOGE, which budget experts believe is wildly inflated.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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