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SpaceX CEO Elon Musk Named One of Trumps Economic Advisors, To Join Pepsi and Uber CEOs

Dec 15, 2016 11:30 AM EST
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Elon Musk was named one of President-elect Donald Trump's economic advisers. Musk will join other top CEO from Uber, Walt Disney, Walmart and JP Morgan.
(Photo : Kevork Djansezian/Getty Images)

President-elect Donald Trump is moving forward when it comes to building the core teams of his administration. Trump reportedly handpicked SpaceX CEO Elon Musk to join his administration as an economic and business adviser.

Despite earlier analysts report that Musk and his company might suffer under the new government, Musk was still named to join a core team of business advisers that also included Pepsi and Uber CEOs.

"President-elect Donald J. Trump today announced that three additional members will join the President's Strategic and Policy Forum: Travis Kalanick, CEO and Co-founder of Uber Technologies; Elon Musk, Chairman and CEO of SpaceX and Tesla; and Indra Nooyi, Chairman, and CEO of PepsiCo," an official announced on the newly launched website.

The announcement was made last Wednesday, Dec. 14. As a businessman himself, it is not surprising for Trump to seek the help of the most successful and the most respected business leaders in the country. Trump believes that the U.S. has the most "vibrant" and innovative CEOs and he chose the ones that are on top when it comes to their respective fields, according to a report.

Earlier this month, the President-elect reportedly creating his core business advisers called the President's Strategic and Policy Forum. Reports say that Trump chose the most successful and respected businessmen in America.

The role of the economic advisers is to inform the president about their views, from the private sector, as to how government policies affect economic growth. "This forum brings together CEOs and business leaders who know what it takes to create jobs and drive economic growth," President-elect Donald Trump in a statement. "My administration is committed to drawing on private sector expertise and cutting the government red tape that is holding back our businesses from hiring, innovating, and expanding right here in America."

The President's Strategic and Policy Forum will meet at the White House by February next year. Musk is joining other top ranking officials in various fields such as JP Morgan CEO Jamie Dimon, Walt Disney CEO Bob Iger, WalMart Stores CEO Doug McMillon, Blackstone CEO Steve Schwarzman and many more.

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