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Musk's Big Bet on the Election: Why He is All In on Trump
Musk Fully Supports Trump's Presidential Campaign, What Is the Deeper Meaning Behind It?
In this year's U.S. election, Musk unexpectedly became one of Trump's most staunch supporters. From funding to manpower, Musk has spared no effort.
In the third quarter, Musk donated $75 million to a political action committee supporting Trump, becoming the largest donor aside from Adelson. This donation is undoubtedly a timely boost for Trump's campaign, which is facing a funding shortage.
In addition to financial support, Musk also leveraged his influence and platform to rally for Trump. He held exclusive interviews to voice support for Trump, appeared at rallies to show support, and even launched a million-dollar lottery to encourage voters to back him.
However, Musk's clear stance is not without risks. Not only could he face legal compliance issues, but if Trump loses the election, Musk's businesses may also suffer.
So, what makes Musk willing to take such a big risk to support Trump?
Looking back at the past relationship between the two, Musk and Trump have publicly clashed multiple times. In 2022, Musk openly stated that Trump should exit the political stage. However, in less than two years, the two have become close allies.
The core reason for this shift lies in interests. Musk has differences with the Democratic Party on several issues, and his multiple companies are also facing government investigations and regulations. In contrast, Trump has promised that if elected, he will appoint Musk to lead the "Government Efficiency Council," which undoubtedly aligns more closely with Musk's interests.
For Trump, courting influential business figures like Musk also helps to consolidate his political base. The two hit it off, going from "mutual rivalry" to "honeymoon."
However, Musk's bet is also fraught with risks. If Trump loses, he may not only face political retaliation, but his businesses could also be affected. Musk has mentioned multiple times the increasing possibility of being assassinated, perhaps as a warning to his opponents.
Anyway, in this election, Musk has already tied himself to Trump on the same boat. For him, it's a gamble where failure is not an option.