US Election 2024: Billionaire Elon Musk 'plays big'

Why did the richest man on the planet like Elon Musk, owner of social network X, CEO of SpaceX and Tesla... become the biggest sponsor and most enthusiastic supporter of Republican candidate Donald Trump, what is he calculating?

US Election: Billionaire Elon Musk 'plays big' in supporting Mr. Trump - giving a reward of 1 million USD/day to voters who support him, what is his calculation here?

Last weekend, on the main stage at the Lancaster Town Hall in the important battleground state of Pennsylvania, billionaire Elon Musk continued to present a check worth $ 1 million to the next person. As promised - a random reward for people who signed a petition supporting free speech and gun ownership - announced earlier this month by the super political action committee (America PAC) founded by Mr. Musk (7/2024) and is working to support Mr. Donald Trump's 2024 presidential campaign.

The millionaire this time is voter Judey Kamora, America PAC's website confirmed, saying that previously, many voters in swing states had "earned" $1 million.

It is true that with just 1 signature you will have the opportunity to become a millionaire, but you must be a voter in 7 battleground states that can decide the winner of the upcoming US Presidential election, including Pennsylvania, Georgia, Nevada, Arizona, Wisconsin, Michigan and North Carolina. Elon Musk - the richest person on the planet has implemented a reward of 1 million USD/day, until the day American voters go to the polls for the presidential election (November 5).

Last week (evening of October 20), at an event in Pittsburgh, also in Pennsylvania, a giant check worth 1 million USD was also handed to Kristine Fishell by billionaire Elon Musk.

After her name was announced as the winner, Fishell, wearing a red T-shirt bearing Mr. Trump’s image, ran from the second-floor balcony of the auditorium to the stage where the billionaire was waiting. She thanked the generous billionaire not only for the money, but also for his efforts to protect free speech.

Many have questioned the legality of the gift, with the Justice Department warning Tesla’s CEO that it may be illegal. The latest news is that the world’s richest billionaire has been subpoenaed by a court to explain the bonus, Reuters reported on October 31.

However, at the award ceremony of the owner of social network X, no one really cared about this issue. That award attracted a large number of Americans to sign a petition, hoping to become millionaires overnight.

By asking voters to sign a petition, America PAC can collect contact information of potential voters and then mobilize them to vote for former President Trump.

Voter Judey Kamora was among those who received $1 million from the tech billionaire. (Source: Getty Images)

Elon Musk has declared his "all-in" support for Mr. Trump, even saying that he is "risking his life" by accompanying the former President. But the tech mogul has not always been a Trump supporter; Musk has previously been a Silicon Valley libertarian and often calls himself a centrist and "politically moderate."

Analysts say that billionaire Musk's "U-turn" is not entirely related to business interests.

So why does billionaire Musk support Mr. Trump so enthusiastically, including dancing on stage next to the Republican candidate at campaign rallies and spending nearly $120 million on America PAC to support the former President?

The obvious answer is to have the leader of the world's most powerful economy support Musk's business interests. "The tech billionaire believes that a Trump victory will lead to more NASA contracts for SpaceX, more federal contracts for Starlink, more incentives for Tesla, Section 230 protection for Twitter and other opportunities in his portfolio," venture capitalist and political strategist Bradley Tusk told Euronews Next .

However, this is a "big gamble" for Mr. Musk because if Ms. Kamala Harris wins the election, "the difficulty for him will be much greater than if he does nothing," strategist Tusk commented.

In addition, observers also believe that former President Trump's victory could also see billionaire Musk directly involved in politics. Republican candidate Donald Trump once said that he would "definitely" appoint the world's leading CEO to a position in the Cabinet or as an advisor if he returned to the White House, while praising Elon Musk as a smart person.

Media reports suggest that the tech billionaire is eyeing a position as the Secretary of the Department of Government Efficiency (DOGE) in the new administration, if Trump is re-elected. Many respondents said they were not concerned about the idea of ​​the world’s richest man taking a position in the new US administration, despite the numerous potential conflicts of interest, as Musk’s businesses hold many billion-dollar contracts with the US government.

Most recently, in an online conference event held on the X platform ( October 31), billionaire Elon Musk revealed that he is “praying for the victory” of former President Trump and is ready to take on the position of Secretary of Cost Reduction. This is a rather important position for the US economy, because reducing the national debt and committing to reduce capital expenditures have been committed by US Presidents, but in reality, there have been no significant results.

NBC News assessed that Mr. Musk's willingness to talk about cutting spending and the drastic moves he has made in the giant economic corporations he runs such as Tesla and SpaceX, have made candidate Trump's economic policies more credible in the eyes of voters.

Someone also asked Elon Musk if he would consider running for US President in 2028. The world's richest billionaire explained that he did not want to do that job and could not do so because he was born in South Africa, while the US constitution stipulates that presidential candidates must be born in the US.

Source: https://baoquocte.vn/bau-cu-my-2024-ty-phu-elon-musk-choi-lon-ung-ho-ong-trump-la-thanh-trieu-phu-da-co-tinh-toan-gi-o-day-291913.html