What does Elon Musk want from all this politicking?

The billionaire is pledging to give away $1m a day and campaigning hard – is deregulation the driving motivation?

US politics – live updates

Over the weekend, Elon Musk pledged to give away $1m a day to registered voters in battleground states in the US who sign a petition by his America Pac in support of the first and second amendments. He awarded the first prize, a novelty check the size of a kitchen island, at a Pennsylvania rally on Saturday and the second on Sunday in Pittsburgh. He says he’ll keep doing it until the election on 5 November. The stunt is potentially illegal, experts say.

After endorsing Donald Trump in July, Musk quickly founded America Pac and funded it with $75m. For the past several weeks, he’s been making multiple in-person campaign appearances per day, focusing especially on Pennsylvania, a swing state.

These constant fights with the full alphabet of regulatory agencies has coincided with Musk making numerous public statements in favor of deregulation, as well as calling for a full-scale audit of the federal government. That idea has found purchase with Trump, who announced in September that he would launch a Musk-led government efficiency commission that would audit federal agencies for places to cut. Musk wants to call it the Department of Government Efficiency, or Doge, invoking one of his favorite memes, an expressive shiba inu.

Although the plan is vague on details and fails to address the obvious conflict of interest in Musk auditing the regulators that oversee his companies, both Trump and Musk have repeatedly brought up the idea of Musk holding some role in a potential Trump administration. During an appearance on Fox News earlier this week, Trump said that he would create a new position called ‘secretary of cost-cutting’ and appoint Musk.

‘He’s dying to do this,’ Trump said.

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