POLITICO Tech

Washington, get ready for a lot more Elon Musk

7 snips
Nov 7, 2024
Meridith McGraw, a national political correspondent for POLITICO, and Derek Robertson, author of Digital Future Daily, discuss Elon Musk's rise in the political sphere amidst Donald Trump's comeback. They explore how Musk's financial backing has elevated his influence within Republican circles, especially among younger voters. The conversation delves into the shifting dynamics of Silicon Valley, Musk’s ambitions for federal budget cuts, and his strategic political alliances, highlighting the intriguing intersection of technology and politics.
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INSIGHT

Musk's Influence in MAGA

  • Elon Musk invested over $130 million to back Donald Trump and actively promoted him to his large following on X.
  • Musk is now a highly influential figure within the MAGA movement and close to Trump's inner circle.
ANECDOTE

Musk's VIP Status at Mar-a-Lago

  • At Mar-a-Lago on election night, Musk was treated like royalty, surrounded by key Trump associates like Dana White.
  • He held court and appeared influential and embraced within Trump's inner circle.
INSIGHT

Business Gains from Political Ties

  • Musk's companies like Tesla, SpaceX, and Starlink benefit heavily from government contracts and favorable regulation.
  • His close relationship with Trump positions him to capitalize politically and financially from the new administration.
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