Steve Davis, known as Elon Musk's key deputy at the Department of Government Efficiency (DOGE), has resigned following Musk's exit, a source familiar with the matter revealed on Thursday.
Like Musk, Davis served as a special government employee (SGE), a status that permitted him to maintain his role as CEO of one of Musk's companies, The Boring Company, while concurrently working on the DOGE initiative. SGEs are restricted to 130 days of government work annually.
Davis has a longstanding affiliation with Musk's ventures, having held positions at SpaceX, Twitter (now rebranded as X), and The Boring Company, which specializes in tunnel construction and related equipment.
His departure leaves the future of the government spending reduction initiative in the hands of lesser-known officials within the White House and federal agencies. Other Musk associates involved with DOGE include Anthony Armstrong, a banking professional who assisted Musk during his acquisition of Twitter, and Antonio Gracias, CEO of Valor Equity Partners.
Established by President Donald Trump in January, DOGE was a White House task force composed of experts in computer engineering and finance, aiming to identify $2 trillion in government savings by July 4, 2026. Initial aggressive measures, including agency closures and contract cancellations during Trump's second term, eventually stalled amid unproven allegations of widespread fraud.
Musk announced on Wednesday that he would be concluding his formal advisory role to President Trump. His political engagement had raised investor concerns about potential impacts on his businesses, notably Tesla Inc.
