Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping online or avoiding physical currency altogether .

An ETF that can trade all day is investing in an asset that rarely changes hands. Figuring out what it’s worth is a guessing game.

A former USDS employee called the repurposing of the Digital Service into DOGE an “A+ bureaucratic jiujitsu move.” It will give Musk and his associates access to unclassified data in every government agency.

Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.

FILE - Elon Musk jumps on the stage as Republican presidential nominee former President Donald Trump speaks during a campaign rally at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. (AP Photo/Evan Vucci, File) AP

Trump staffers are reportedly angry with Elon Musk for publicly undermining the $500 billion Stargate Project. Musk has questioned the finances behind the AI infrastructure project and used his social media influence to attack one of the project's leaders.