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.
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 fallout has continued into this week: On Monday, Trump suspended military aid to the war-battered nation, in defiance of the 1994 Budapest Memorandum, in which the U.S. agreed to defend Ukraine’s borders, along with the U.K., in exchange for Ukraine’s surrender of nuclear weapons.
Elon Musk says that he believes the US Postal Service and Amtrak need to be privatized and that “we should privatize anything that can reasonably be privatized.” Speaking virtually at the ...