Speculation is rife about what the future holds for Elon Musk as he steps into a pivotal role in Donald Trump’s administration following the latter's election victory. Musk, the founder of SpaceX and a major supporter of Trump, is expected to play a key role in the president’s inner circle.
Trump, who has long admired Musk, praised him repeatedly during his campaign, calling him “a character” and “a super genius.” He also remarked, “We have to protect our geniuses. We do not have that many of them.”
In addition to his support for Trump’s campaign, Musk invested heavily and used his social media platform, X, to promote the Republican candidate. He even made appearances at Trump rallies, including one at Madison Square Garden.
Musk’s ventures, such as SpaceX and Tesla, have vast business interests tied to the US government. SpaceX holds lucrative contracts with NASA and the Department of Defense, while Tesla is pushing forward with self-driving technology, a field that requires careful navigation of government regulations.
Trump has suggested that Musk could play a crucial role in reducing government spending, giving Musk the chance to influence federal policy and agencies. This strong connection between Musk and Trump has already had a noticeable impact on the stock market, with Tesla shares rising since Trump’s election victory. Investors are optimistic about the potential advantages the president’s return to office could bring to Musk’s businesses.
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