It’s not an overstatement to say that Elon Musk, the billionaire proprietor of X and CEO of Tesla and SpaceX, is former President Donald Trump’s greatest fanboy — and patron — within the 2024 election.
He’s actually, and comically, leaping at Trump’s aspect at rallies. He’s tweeting (together with, incessantly, canine whistles and misinformation). And to the dismay of some, he has let Trump tweet, too.
Within the spring, Musk launched a political motion committee, merely known as America, lined up different high-profile wealthy guys from his Rolodex, after which threw a further $75 million of his personal cash into the pot. In line with filings with the Federal Election Fee, America PAC has spent greater than $100 million on getting Trump re-elected, sending a whole lot of canvassers out to speak to voters one-on-one in Pennsylvania and Wisconsin.
And naturally, this week, Musk pledged to offer away one million {dollars} a day till the election to registered swing-state voters who signed his PAC’s petition, solely to reportedly obtain a letter from the Division of Justice warning that the competition might be in violation of federal voting legislation.
This story was first featured within the Immediately, Defined publication
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As Musk’s politics transfer ever rightward — or a minimum of, as Vox’s Zack Beauchamp writes, towards “a selected sort of edgelord bigotry that drifts incessantly into debunked conspiracy theories” — it’s value asking what he desires to get out of the entire deal. An appointment to some unnamed new “authorities effectivity” fee? Untold energy over the businesses that search to manage his firms? Or, improbably, a tax break?
What does loyalty to Trump web him — or anybody else courting the previous president’s favor — ultimately?
I spoke with Vox senior reporter Whizy Kim, who has been reporting on Musk, his followers, lawsuits, and even his textual content messages because the months resulting in his 2022 buy of Twitter, to attempt to perceive the place Elon Musk the person, the media mogul, and the politically formidable demagogue intersect. What does Musk actually need? And if he will get it, what’s going to it imply for the remainder of us? (Our dialog has been condensed for size and flippantly edited.)
Lavanya Ramanathan: While you look again on the second Elon Musk purchased Twitter, and now take into account it within the present context of how he’s now making an attempt to speculate closely in politics, do you see parallels there?
Whizy Kim: I don’t suppose it’s in any respect an accident that Elon Musk determined to purchase Twitter, after which slowly turned extra politically vocal. He has an enormous megaphone now. He’s the proprietor of a web site that lots of people nonetheless use, particularly for stuff that’s associated to the information. So I do suppose that there’s a direct connection between him first speaking about how Twitter must be this public “city sq.” the place everybody can have their beliefs heard, the place free speech is revered, to in the present day, the place he has reinstated loads of banned accounts, together with Trump, Marjorie Taylor Greene, and different incendiary figures. There’s additionally far more right-wing content material that you just see on the location in case you go to X in the present day in contrast to some years in the past.
There’s been an enormous transformation in the way in which People understand Elon Musk since then. In addition to the truth that the worth of Twitter has tanked and the variety of customers has declined, you’ve written about his fanboys, the individuals that basically appeared up him — predominantly younger males. Is he nonetheless actually influential with this set?
Previously, he was undoubtedly seen as extra of a liberal hero. Not that he was at all times supporting Democratic candidates and politicians, however he was a man who had popularized electrical automobiles. After I talked to his former followers for a chunk, loads of them talked about how they have been drawn to his ardour for local weather change and the setting. He cared about the way forward for humanity. And so they noticed him as very very similar to a mythic heroic determine, form of a Tony Stark. They admired how a lot he gave the impression to be in service of civilization, not simply with Tesla, however even with SpaceX, and eager to additional humanity’s mission past Earth.
After which the extra he talked on Twitter, particularly about his political beliefs, they realized he might be very risky. He may actually lash out at anybody who criticized him. A number of individuals advised me that doesn’t appear befitting of a CEO of a number of main firms, performing childishly and immaturely in response to somebody perhaps making a very good level.
I hear loads of similarities between him and Donald Trump there. What do these two males have in frequent?
Character-wise, and simply by way of their worldview, what I actually seen from the X dialog that that they had in August was that they each come from a spot of feeling personally aggrieved. Trump at many factors talked about how his opponents had engaged unfairly in opposition to him, all of those prison courtroom instances in opposition to him, these trials, as a result of they don’t need him to win the election. They’ve each incessantly been critics of the media. Elon Musk has additionally talked about how legacy media is absolutely biased and doesn’t platform the reality. They may type of have a look at one another and say, “Yeah, you get me. We’ve each been unfairly attacked.”
And what’s their finish recreation right here? What does Elon Musk stand to achieve from an affiliation with Trump, and now a monetary stake in Trump’s victory?
Below the Biden administration, Elon Musk felt that loads of these regulatory businesses are staffed with people who find themselves conserving a detailed eye over company misbehavior. His firms have been investigated or fined by completely different authorities businesses, whether or not it’s the Labor Board, OSHA, the SEC, or the Division of Transportation, and Elon Musk sees this as unfair. Even when he acknowledges that his firms didn’t comply with security rules, he’ll be like, properly, these security measures are silly, anyway. I feel I do know finest. I run my firm. I’m an professional in these fields. The federal government is simply clunky and slowing us down.
One of many issues that he proposed in the course of the Trump interview was some type of authorities effectivity fee. And Trump was form of like, oh, yeah, that’s a good suggestion … and perhaps you may assist run it. Basically, that form of fee would slash the budgets of loads of regulatory businesses.
Trump and Musk are type of framing that as making a authorities that’s extra smart and environment friendly in regards to the finances, however actually, it may additionally probably function a technique to flush the budgets of businesses which were coming after his firms. If he has Trump’s ear, you realize, he may say, “Properly, perhaps if you wish to appoint a brand new particular person to the Labor Board, it must be somebody extra pleasant to companies, reasonably than to staff.” That’s a possible form of alliance that they might type.
We all know that billionaires, that Silicon Valley, are oftentimes extra secretive about their involvement in politics. What Elon Musk has been doing is absolutely shining a lightweight on huge enterprise billionaire donors and the way in which they function within the political sphere, so it’s simpler to see. The place does this finish for Musk, if Trump wins, or if Trump doesn’t win?
I do suppose that he’ll proceed to be extra politically vocal, as a result of he’s opened up a can of worms. It’s more durable to return when there’s an extended report of him popping out for a Trump crowd, formally endorsing him, and all of that.
Elon Musk is the evolution of what began from Peter Thiel. When Thiel first got here out as this mega-conservative donor, individuals have been like, wow, he’s so open and vocal in a world that tends to be extra liberal. Now, we’ve got Elon Musk, we’ve got David Sacks, all these different Silicon Valley figures who’re making an attempt to elect Trump.
However clearly, one of many the reason why these rich, influential figures attempt to keep quiet is as a result of they need to play either side, proper? Elon Musk has come out so vociferously as pro-Trump and criticizing Biden and criticizing Kamala Harris. If Kamala Harris wins, is there room for Elon to return again and say, “Hey, let’s nonetheless work collectively in some capability?” That’s going to be a a lot more durable street.
