According to The White House (@WhiteHouse) on May 30, 2025, former President Donald J. Trump acknowledged Elon Musk for bringing significant changes to Washington's business landscape, highlighting Musk’s unparalleled service to America. This public endorsement has driven investor confidence in Tesla (TSLA), resulting in heightened trading activity and a short-term price surge, as verified by post-announcement trading volume spikes (source: Nasdaq real-time data). Crypto traders are closely monitoring Musk’s influence, as his statements and political involvement have historically triggered volatility in Bitcoin and Dogecoin markets, with prior Musk-related news leading to double-digit percentage moves (source: Coingecko historical charts).