Elon Musk made his case for a paradigm shift in United States governance in an impassioned speech at an event in support of Republican candidate Donald Trump on Oct 17. The town hall meeting, as it was described,

Dogecoin's price surged 7% after Elon Musk mentioned "D.O.G.E." during a Trump campaign event, referring to a proposed Department of Government Efficiency.

The campaigns of Trump and other major Republican candidates have received a combined $70 million from Musk this election cycle. Musk also launched the America Super PAC, which is currently offering voters in some swing states $47 dollars for each voter they refer to sign a petition supporting the First and Second Amendments.