2024-11-12 17:55:09
Politics
Business

Musk's Influence in Trump Era

Image courtesy of : AFP (JIM WATSON)

Elon Musk's support for Donald Trump's election campaign has led to a significant increase in Musk's influence and wealth. His Super PAC spent $200 million to help elect Trump, resulting in policies that arguably benefitted Musk's ventures such as Tesla and SpaceX.

Tesla's stock price saw a substantial rise, leading to Musk's net worth increasing by over $70 billion. Trump has publicly praised Musk, hinting at possible governmental roles that could further Musk's interests, like reducing government spending.

Despite frequent visits to Trump's Mar-a-Lago, Musk's presence is not universally welcomed among Trump's team. The tech mogul's potential impact on U.S. politics and policy is significant, as seen in proposed roles that align with his business goals.

Musk's involvement in politics extends beyond the presidency, preparing for future electoral engagements. However, allegations of election manipulation using Starlink satellites were debunked, emphasizing that no data was transmitted via this network during the election.

Musk's influence, particularly in technology and government, remains a point of discussion, as both his political and economic strategies continue to shape the landscape.

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CW

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