Republican New Hampshire Gov. Chris Sununu said billionaire businessman Elon Musk is too wealthy to have a conflict of interest by advising President-elect Donald Trump and working in the upcoming administration.

Some Democrats and Trump critics have suggested the CEO of Tesla and SpaceX and owner of social platform X, could benefit financially or competitively due to his ties to Trump.

The president-elect last month said Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new unofficial “Department of Government Efficiency” that will aim to cut federal spending.

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