According to The White House (@WhiteHouse), President Trump presented Elon Musk with a gold key to the White House for his service, as announced on May 30, 2025 (source: twitter.com/WhiteHouse/status/1928546671291511120). This high-profile recognition may further strengthen Musk’s influence across technology and digital asset sectors. Traders are closely monitoring potential movements in crypto-related stocks such as Tesla and Dogecoin, as Musk’s public endorsements historically lead to significant market volatility (source: historical price action following Musk tweets). Market participants should watch for short-term spikes in crypto asset prices and increased trading volumes, particularly for coins and tokens Musk has previously mentioned.