“He is a personality. He is a particular man. He is a brilliant genius,” Trump stated of Musk throughout an handle to supporters. “We’ve to guard our geniuses. We would not have that a lot of them.”Musk, who closely invested in Trump’s marketing campaign, additionally used his social media platform, X, to assist the Republican candidate. He even appeared alongside Trump at rallies, together with one at Madison Sq. Backyard. The billionaire entrepreneur has important enterprise pursuits that intersect with the US authorities. His firm, SpaceX, holds billions of {dollars} in contracts with NASA and the Division of Protection. Tesla, one other Musk enterprise, is pursuing the event of self-driving know-how, which would require navigating authorities rules.
Trump has instructed that Musk may play a job in reducing authorities spending. Such a place would give Musk important affect over coverage and federal companies.
The shut relationship between the 2 males has already impacted the inventory market. Tesla shares have surged since Trump’s victory, with buyers anticipating advantages from the president’s return to workplace.
