Rumors suggesting Elon Musk holds a government role within the ‘Department of Government Efficiency,’ (DOGE) are circulating without official confirmation. There is no evidence or reporting from Tesla, Musk himself, or any U.S. government entity to support these claims. Rumors were fueled by a recent announcement about Musk potentially leaving this fictitious department during a Tesla earnings call. However, neither Tesla nor Musk have provided any confirmation of the news, nor has it been reported by any relevant official sources. The latest ChainCatcher reports on derivatives markets and hacking incidents do not mention Musk, DOGE or governmental ties. While Elon Musk’s tweets historically impacted Dogecoin prices, these latest claims lack a concrete impact as there is no official documentation to substantiate them. Despite the rumors, Dogecoin (DOGE) remains relatively stable at $0.16 with a market cap of $24.02 billion according to CoinMarketCap data.