What is in the offing?
The world’s third richest man and serial entrepreneur Elon Musk and billionaire investor Nelson Peltz have discussed the prospects of convincing the business community in the US to extend their support to Donald Trump.
Musk has publicly not supported Trump but has spoken out against the incumbent President Joe Biden. The entrepreneur who owns companies such as Space X, Tesla and Star Link acquired US citizenship in 2002.
Elon Musk Criticizes Joe Biden
Upon entering office, Donald Trump may appoint Musk as an advisor on technology policy, business-related matters, immigration etc.
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Musk has argued against the liberal immigration policies of the existing government and has termed it as a disaster. He has also severely criticized various government business-related policies.
Can Elon Musk influence voters?
Musk has not announced any financial support for Trump but can influence the electorate through his many followers.
Concerns of the business community:
The business and tech community has been burdened by various government regulations and compliances which has throttled their growth. The US economy has experienced a steep fall in its growth before recovering to some extent. The crisis has only resulted in lower consumption, employment levels, and investments. According to many analysts, the economy’s full potential has not been realized.
US Presidential Elections, 2024
Another point that Elon Musk has supported is transparency in the electoral reforms. This comes even as Trump had questioned the verdict of the 2020 elections. The upcoming Presidential elections are scheduled to be held in November and the winner shall take the oath of office in January 2025 before assuming office. Trump faces Biden. He is yet to be declared as the official Republican nominee though.
FAQ’s:
1. Who is the owner of social media platform X?
Elon Musk is the owner of X. This was previously called Twitter before it was acquired by Musk in 2022 who changed the name to X.
2. Does Elon Musk have any company working in the field of AI?
Elon Musk is the owner of numerous companies working in diverse fields. He owns xAI which works in the field of Artificial Intelligence (AI).
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