According to The Kobeissi Letter, Elon Musk's term as a Special Government Employee has officially ended, and he expressed gratitude to President Trump for the opportunity (source: @KobeissiLetter, May 29, 2025). This development is attracting attention in the cryptocurrency market, as Musk’s public statements and government involvement have historically led to volatility in assets such as Bitcoin and Dogecoin. Traders should monitor for potential price swings and increased trading volumes, especially in meme coins and AI-related tokens influenced by Musk’s activity.

According to Eleanor Terrett, Crypto and AI Czar @davidsacks47 is designated as a Special Government Employee, limited to a tenure of 130 days unless exceptions apply. This may impact market regulation and policy continuity, affecting trading strategies.