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America’s Richest Oligarch Wants to Privatize USPS and Amtrak

Published on: 2025-07-15 15:25:32

Elon Musk said Wednesday that he wants to privatize the U.S. Postal Service and Amtrak, according to reports from multiple news outlets. And as the most powerful oligarch in the U.S.—a man who’s been given the chance to unilaterally dismantle whatever he likes under the guise of a pseudo-government agency called DOGE—the billionaire may get his wish soon. “I think logically we should privatize anything that can reasonably be privatized,” Musk said, according to Reuters. “I think we should privatize the Post Office and Amtrak, for example… We should privatize everything we possibly can.” Musk made the remarks Wednesday teleconferencing into the Morgan Stanley TMT conference in San Francisco, which was not open to the press. The billionaire complained about U.S. rail service without actually providing valuable context, like the fact that he’s fought against high-speed rail in California and, as the owner of a car company, has a vested interest in killing mass transit in the United Stat ... Read full article.