
Musk moots selling anything that can be privatised

What do you give the man who has everything? The opportunity to sell it. Not content with being the world’s richest man Elon Musk would like to privatise any American public businesses and assets that can be sold. As a starting point the South African-born billionaire appointed to make the United States Government more efficient has recommended that the U.S. Postal Service (USPS) and passenger rail service Amtrak be offloaded to the private sector. Speaking virtually at the Morgan Stanley Technology Media & Telecom conference, Musk said “we should privatise anything that can be privatised”. Referring to Amtrak, he also said it was “kind of embarrassing” that other countries had “way better passenger rail than we do”. He compared Amtrak’s service unfavourably with bullet trains in China, saying the American passenger rail service established in 1971 was “a sad situation.” “It’s like if you’re coming from another country, please don’t use our national rail. It can leave you with a very bad impression of America,” Musk was quoted in a CNN news report as saying. “I think we should privatise anything that can be privatised, just so you’ve got a feedback loop for improvement, is what happens when something’s privati