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Amtrak CEO steps down amid Musk calls to privatize

  • Amtrak CEO Stephen Gardner is stepping down to ensure continued support from the administration, as he stated in his announcement.
  • Amtrak carried a record 32.8 million passengers in fiscal year 2024, a 15% increase from the previous year, as reported by the company.
  • Elon Musk, head of the Department of Government Efficiency, suggested privatizing Amtrak, calling it a 'sad situation'.
  • Despite record passenger numbers, Amtrak faced an operating loss of $635 million, and the board expressed a desire to build a 'world-class passenger rail system'.
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KBZK broke the news in on Wednesday, March 19, 2025.
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