Elon Musk's D.O.G.E Initiative Raises Concerns on Wall Street

馬斯克 (Elon Musk) 的 D.O.G.E 計畫引發華爾街擔憂

Elon Musk's latest venture, the Department of Government Efficiency (D.O.G.E), launched under President-elect Donald Trump, aims to reduce federal spending by targeting unauthorized or misused expenditures. The initiative, co-piloted by Vivek Ramaswamy, seeks to slash $500 billion in government costs.

馬斯克(Elon Musk) 的最新舉措是當選總統唐納德·川普(Donald Trump) 領導下成立的政府效率部(D.O.G.E)，旨在透過針對未經授權或濫用的支出來減少聯邦支出。該倡議由 Vivek Ramaswamy 共同領導，旨在削減 5000 億美元的政府成本。

Potential Fallout for Industry

對產業的潛在影響

The potential impact of D.O.G.E has sent shockwaves through Wall Street. Federal contractors, pharmaceutical giants, and defense companies brace for significant losses.

D.O.G.E 的潛在影響震驚了整個華爾街。聯邦承包商、製藥巨頭和國防公司面臨重大損失。

Analysts at TD Cowen have identified Lockheed Martin, Boeing, and Pfizer as among the most vulnerable. These companies rely heavily on government contracts, which could face cuts under D.O.G.E's cost-cutting measures. Leidos Holdings, which handles contracts for Homeland Security and Transportation, is also at risk.

TD Cowen 的分析師認為洛克希德馬丁公司、波音公司和輝瑞公司是最容易受到影響的公司之一。這些公司嚴重依賴政府合同，根據 DOG.E 的成本削減措施，政府合約可能會面臨削減。負責處理國土安全和運輸合約的萊多斯控股公司也面臨風險。

Skepticism over Savings

對儲蓄的懷疑

However, analysts cast doubts on the potential savings that D.O.G.E can deliver. TD Cowen estimates annual savings of $50 billion to $100 billion, a figure that pales in comparison to the federal deficit. Moreover, Congress must approve any major cuts, potentially limiting D.O.G.E's effectiveness.

然而，分析師對 D.O.G.E 能否實現的潛在節省表示懷疑。 TD Cowen 估計每年可節省 500 億至 1,000 億美元，這個數字與聯邦赤字相比顯得相形見絀。此外，任何重大削減都必須得到國會的批准，這可能會限制總督的有效性。

Uncertain Future

不確定的未來

Despite the potential risks, investors have shown optimism for D.O.G.E's impact on Dogecoin, the cryptocurrency championed by Musk.

儘管存在潛在風險，但投資者對 D.O.G.E 對狗狗幣（馬斯克倡導的加密貨幣）的影響表示樂觀。

Crypto markets have reacted positively to the initiative, with Dogecoin's value surging over 150%. However, analysts caution that the crypto market's reaction is more speculative than based on concrete savings.

加密貨幣市場對此措施做出了積極反應，狗狗幣的價值飆升了 150% 以上。然而，分析師警告稱，加密貨幣市場的反應更具投機性，而不是基於具體的儲蓄。

The full impact of D.O.G.E remains uncertain, with analysts predicting potential savings but skepticism over the scale of cuts and the ability of Congress to approve them. The potential for a significant blow to federal contractors, pharmaceutical companies, and defense companies is a major concern for Wall Street.

D.O.G.E 的全面影響仍不確定，分析師預測可能會節省開支，但對削減規模和國會批准削減的能力持懷疑態度。聯邦承包商、製藥公司和國防公司可能遭受重大打擊，這是華爾街的主要擔憂。