The Tesla CEO, Trump’s most influential marketing campaign backer, has became a key energy dealer in presidential transition.
Tech billionaire Elon Musk is diving even deeper into the world of politics after Donald Trump’s election win, cosying as much as the president-elect and providing him enter on key administration hires, in response to US media stories.
Musk, who donated $119m to a pro-Trump political motion committee and aggressively campaigned for the Republican, has made near-daily visits to Trump’s Mar-a-Lago resort in Florida since Election Day on Tuesday, spending time with the president-elect and his household, CNN reported.
Kai Trump, Donald Trump’s granddaughter, posted a photograph of herself with Musk and his little one on social media, joking that the billionaire was “reaching uncle standing”.
Elon reaching uncle standing 😂 pic.twitter.com/vufSffziZN
— Kai Trump (@KaiTrumpGolfs) November 10, 2024
Musk is making his voice heard on essential staffing deliberations, in response to CNN, whereas utilizing the X social media platform, which he owns, to advertise his political imaginative and prescient.
“He positively inserts himself on a regular basis. That’s his model,” tech journalist Kara Swisher advised CNN. “I’ve heard from Trump individuals, calling me, saying, ‘Oh, wow. That is odd.’ And it’s.”
Over the weekend and on Monday, Musk posted endorsements for Florida Senator Rick Scott to steer the Senate and invited the general public to counsel candidates for Trump’s cupboard.
The billionaire additionally shared posts by former Republican presidential candidate Vivek Ramaswamy, whose title has been floated for an administration function, advocating to “radically downsize” the federal government.
“The obstacles are overcoming the Kafkaesque nature of the principles governing this huge forms and making certain that maniacally devoted small-government revolutionaries be a part of this administration!” Musk wrote in a single submit, responding to Ramaswamy’s suggestion.
Certainly, the obstacles are overcoming the Kafkaesque nature of the principles governing this huge forms and making certain that maniacally devoted small-government revolutionaries be a part of this administration! https://t.co/ObfnIeuTXa
— Elon Musk (@elonmusk) November 11, 2024
Musk’s entry to Trump at Mar-a-Lago, which CNN reported has grow to be the de facto nucleus of Trump’s presidential transition, has given him an infinite quantity of sway in a approach that would profit his companies, analysts stated.
His electrical automobile agency, Tesla, has already seen a lift with its shares leaping 14 % the day after Trump’s election win and the specter of tariffs on Chinese language imports seemingly blocking rivals from the nation.
“We’ve seen lobbying efforts. We’ve seen tremendous PACs [political action committees], however this can be a completely different degree we’ve by no means seen earlier than,” Gita Johar, a professor at Columbia Enterprise Faculty, advised The Guardian. “There will likely be some quid professional quo the place he [Musk] will profit.”
Whereas Trump earlier floated the thought of naming Musk “secretary of cost-cutting”, he’s unlikely to take any job that requires Senate affirmation or disrupts his companies, Al Jazeera’s Alan Fischer reported.
As an alternative, Musk would possibly serve on a “blue-ribbon committee the place he would nonetheless have monumental entry however wouldn’t be topic to authorities ethics guidelines”, in response to CNN.
With such shut ties to the president-elect, Musk is more likely to push laborious for deregulation, which he has repeatedly blamed for slowing innovation in his firms, together with SpaceX and Tesla.
“America is a nation of builders,” Musk wrote on X on the day of Trump’s election victory. “Quickly, you’ll be free to construct.”