Tech: Musk's new govt gig, report puts NZ tech sector at $17.9b
Update: 2024-11-13
Description
Technology correspondent Peter Griffin looks at the announcement by President-elect Trump that Elon Musk will help lead a new Department of Government Efficiency. Can Musk's experience in slashing corporate spending translate to the public sector, and what conflicts of interest will it raise? A new report out this morning details the benefits to New Zealand of the tech sector - which companies helped to drive the $1.28b increase over 2023? And Peter looks at the 45.5% share bump for Rocket Lab on the Nasdaq yesterday - what's fueling the rise?
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