Privatization is the transfer of ownership, property, or business from the government to the private sector. Elon Musk, speaking at a Morgan Stanley conference, suggested that the USPS and Amtrak should be privatized. - Elon Musk advocated for the privatization of the U.S. Postal Service and Amtrak. - Musk believes that anything that can reasonably be privatized should be. - Musk made these comments during a virtual appearance at the Morgan Stanley Technology Media & Telecom conference. - Donald Trump has also been critical of the Postal Service in the past.