Speaking at a Morgan Stanley conference, Musk said the state of passenger rail in the US is "embarrassing."

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.

Elon Musk’s newest targets in his quest to slash the federal government: the United States Postal Service and the national passenger railroad company Amtrak. The DOGE chief said Wednesday at a Morgan Stanley tech conference,

Billionaire Elon Musk has urged the privatization of the U.S. Postal Service (USPS) and Amtrak, arguing that anything that can reasonably be privatized should be. Speaking at a Morgan Stanley conference,