The head of Tesla, SpaceX and the X social media site once known as Twitter has strengthened his ties to the Silver State over the years.

It’s not the first time a president has empowered a business tycoon to look for ways to dramatically cut federal regulations.

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon to look for ways to dramatically cut federal regulations.