Elon Musk’s DOGE Is Heading to the Pentagon. Defense Stocks Are Falling.

President Donald Trump is sending Elon Musk’s DOGE to the Pentagon. Trump, speaking at a press conference with Japanese Prime Minister Shigeru Ishiba on Friday, said employees from the Department of Government Efficiency, headed by Tesla CEO Musk, would be heading to the Pentagon in an effort to root out wasteful spending.