Elon Musk: D.O.G.E to Close in July 2026

2024-12-04

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Bittime - Elon Musk announced that the project Department of Government Efficiency (D.O.G.E.), which was conceived with entrepreneur Vivek Ramaswamy, will close in July 2026. 

Why did Elon Musk decide to close this project? Read this article to find out more!

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D.O.G.E. Will be closed, Elon Musk criticized 

The announcement of the closure of the Department of Government Efficiency (D.O.G.E.) project sparked criticism from kcrypto community, specifically fans of D.O.G.E.

Many believe that two years is not enough to achieve D.O.G.E.'s big goals, namely reducing government inefficiency and reducing the ever-increasing national debt.

Read Also: Department of Government Efficiency (DOGE): Everything You Must Know

D.O.G.E. Will be Closed, Call to Extend Project

Several well-known figures such as Sean Ono Lennon and Gabor Gurbacs also regret Elon Musk's decision. 

Lennon asked Musk to reconsider the deadline, while Gurbacs suggested that D.O.G.E. serves as a permanent monitor to ensure ongoing reform.

Elon Musk Remains Close D.O.G.E. in 2026

Apart from the figures above, more and more figures are urging that the timeline for the D.O.G.E. extended. 

Figures such as Robert Kiyosaki and Michael Saylor believe that deep reform will take longer to truly have an impact. 

They also suggested that D.O.G.E. be a long-term initiative to ensure government transparency and efficiency.

However, Elon Musk seems to remain firm on his plan to close the Department of Government Efficiency (D.O.G.E.) project in 2026. 

Read Also: Elon Musk DOGE: Bos Tesla Pimpin Department of Government Efficiency

FAQ D.O.G.E

What is D.O.G.E?

D.O.G.E is a project led by Elon Musk and Vivek Ramaswamy to improve government efficiency and address the national debt problem in the US.

Why is D.O.G.E closed until 2026?

Elon Musk set a deadline of July 2026 to emphasize that government projects must have a clear and measurable time frame. This deadline was also chosen because it coincides with the 250th anniversary of US independence.

Is D.O.G.E Related to Dogecoin?

Despite having the same name, D.O.G.E has no direct relationship with Dogecoin. However, the Dogecoin community often links it in discussions and memes due to the similarity of the name and Elon Musk's involvement.

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Reference

Elon Musk’s D.O.G.E. Shutdown in 2026 Sparks Crypto Debate  , accessed December 4, 2024.

 

Author: IPR

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