this post was submitted on 18 Feb 2025
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Sure, they'll privatize what they can, but they need a way to keep those corporate entities in line. They don't want to give up their own power, and their power lies in their position in government. If they go too far, they risk being thrown under the bus themselves. They'll need to leave the treasury intact, at least, along with some kind of enforcement arm. Maybe we'll see some drastic restructuring of the military soon.
There is more power in being a billionaire than there is with being in a position of government. Trump is a useful idiot, but even he didn't actually want to win the (first) election. He wanted the fame, and wanted to continue pushing this idea of "well, if I won then...", as its own media circuit and tours. Instead, he actually won, and it disappointed him.
Elon doesn't want to be a government employee permanently. He wants to be there just long enough that he can siphon the nation's money into his pockets.
The real power is in wealth, because the government is powerless.