Red Bobble Hat

Red Bobble Hat:100% Soft-Touch Acrylic (Heather – 55% Polyester/ 45% Acrylic).
TearAway label.
Double layer knit.
Ribbed cuff.
Two-tone pom pom.
Cotton Twill patch for printing.

US President Donald Trump has told members of his Cabinet and other close contacts that his billionaire ally Elon Musk will soon step back from his government role, Politico has reported, citing three people close to Mr Trump.

Mr Trump has tasked the Tesla and SpaceX CEO with leading efforts to cut government funding and dismantle various US agencies as a special government employee. Red Bobble Hat.

Politico reported that both Mr Trump and Mr Musk decided in recent days that Mr Musk will soon return to his businesses, but gave no specific date.

The White House denied the report, saying that Mr Musk will “depart from public service when his work at DOGE is complete”.

Representatives for the Musk-led task force and Mr Musk did not immediately respond to requests for comment on the report.

Shares of some companies, including government contracting companies, rose following the report.

Shares of Mr Musk’s Tesla, which were down 2% in early trading after a sharper-than-expected fall in first-quarter deliveries, reversed course and were up 3%.

It was not immediately clear if Mr Musk would leave before his 130-day mandate is set to end in late May or early June.

A White House source told Reuters that Mr Musk’s investors want him to return to his companies, that his work with DOGE would be done within 130 days, and that he had communicated that to the president multiple times.

Mr Musk was not leaving before his DOGE work was done “and no one is pushing him out,” the source added.

Asked on Monday if he wanted Mr Musk to stay beyond his 130-day term, Mr Trump told reporters: “I think he’s amazing, but I also think he’s got a big company to run. At some point, he’s going to be going back. He wants to.”

Last week Mr Musk told Fox News he was confident he would finish most of his work to cut $1 trillion in federal spending by the end of his 130 days.

Mr Musk’s potential departure does not necessarily mean the end of DOGE.

The cost-cutting team’s mandate expires on 4 July 2026, under an executive order Mr Trump signed on 20 January.