Elon Musk’s X platform is gaining more and more influence in Washington thanks to Musk’s close ties to President Donald Trump’s administration. One of the most striking examples is the participation of John Stoll, the new head of X news, in a White House briefing as a representative of “new media”, The New York Times reports.
Since Trump’s return to power, X has become a major tool for disseminating government information. Musk, who now heads the newly created Department of Government Efficiency (DOGE), regularly shares updates on government spending and reforms with his 219 million followers. In response, dozens of government agencies have opened separate X accounts dedicated to DOGE, receiving gray verification badges.
Despite revenue struggles and regulatory pressure, X’s influence on government policy has raised investor interest. In March, Musk sold the platform to his AI company xAI, merging it with the $80 billion startup. X’s valuation has risen to $33 billion, up from $12 billion a few months ago.
Musk is actively positioning X as a new form of journalism, encouraging users to publish news.
Despite monetization problems, the return of large advertisers and its role in shaping public policy indicate that X is now not just a social network, but also a political tool with access to the highest echelons of US government.
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