Final Monday, Donald Trump was sworn in because the forty seventh President of the USA of America…
And billionaire Elon Musk was entrance and heart for the celebration.
Musk has lots to be pleased about.
He spent a fortune to get Trump reelected…
However he’s getting his cash’s price.
Certainly one of Donald Trump’s first strikes as president was to signal an government order formally creating the Division of Authorities Effectivity (DOGE), a cost-cutting initiative meant to be headed by Musk and fellow billionaire Vivek Ramaswamy.
Ramaswamy is already out the door.
Which means Elon Musk alone has been granted unprecedented energy to affect federal budgets.
And that’s particularly vital to Musk as a result of his firms are deeply entangled with the federal authorities.
Anticipating this energy transfer, traders poured cash into Tesla inventory after the election.
Supply: Yahoo Finance
It surged over 71%, serving to add $200 billion to Musk’s internet price over the previous couple of months.
That’s an exceptional return on his funding in Trump’s presidency.
I ought to notice right here that we advisable TSLA final yr when it traded for below $200.
It didn’t have something to do with the election…
It was due to the corporate’s developments in self driving and since I see a path ahead for humanoid robots.
Tesla may find yourself turning into a pacesetter in each.
And issues are solely wanting up for Musk from right here.
Federal companies have focused his firms in at the very least 20 current investigations or opinions.
Supply: Jonathan Corum
However these issues may merely go away now with the ability he’s been given.
In any case, because the election Musk has had the unfiltered ear of the president.
And he has been a close to fixed presence by Trump’s facet.
He was reported to have moved into Mar-a-Lago shortly after Trump received, paying upward of $2,000 per evening to “crash” there in an elite suite.
And a current report from the Each day Beast has him doubtlessly shopping for property in Washington, D.C., to be nearer to the president.
These strikes have CNN asking:
However I’ve a extra urgent query.
Is he a superhero or a supervillain?
Tony Stark or Lex Luthor?
In a earlier subject of The Each day Disruptor, I discussed that Elon Musk is as near the real-life model of Tony Stark — the genius tech entrepreneur often known as Iron Man — because it will get.
However that may not be the most effective comedian e-book comparability.
Proper now, Elon Musk owns:
- The largest electrical automotive firm on the earth, Tesla.
- One of many world’s greatest social media platforms, X (previously Twitter).
- Essentially the most helpful non-public aerospace firm on the earth, SpaceX.
- And a worthy competitor within the AI race, xAI.
Amongst different bleeding edge firms like Neurolink and Starlink.
Reality is, Musk already has every thing he must construct another system to our authorities.
He owns a world media platform, satellites and spaceships, web entry by means of Starlink, energy charging by means of Tesla, an rising AI platform with Grok…
He even needs to combine a banking resolution into X, making it an “every thing app” for the U.S. like WhatsApp is for China.
And together with his new position as the pinnacle of DOGE, he ought to have an outsized affect on federal policymaking.
On this manner, he’s a lot nearer to Lex Luthor, Superman’s good arch-nemesis who makes use of his superior tech data and wealth to aim to take over the world.
However that also may not be the most effective comparability for Musk.
Right here’s My Take
As a fan of comedian books once I was youthful, it appears to me that Musk is appearing extra like Batman’s sworn enemy, the Joker.
In any case, you by no means know what to anticipate with him.
Final week, hours after President Trump introduced a $500 billion three way partnership between OpenAI, Softbank and Oracle to assist construct synthetic intelligence infrastructure in the USA…
Elon threw chilly water on it.
Resulting in this contentious alternate on X between Musk and OpenAI’s CEO Sam Altman:
Was it as a result of he’s involved about SoftBank’s affect or as a result of he’s indignant that xAI isn’t a part of this deal?
Both manner, he’s already undermining Trump’s plans.
Possibly he discovered this habits from the president – additionally identified for his rash habits?
I’ll guess you will have an opinion.
After I initially wrote about Elon’s contributions to President Trump’s reelection, I bought a ton of reader suggestions.
People have robust emotions about Elon Musk.
Reader Steve notes: “If not motivated by cash Elon will virtually definitely be motivated by fame stemming from these objectives he has for humanity. The push for fame might be simply as corruptive as cash.”
Whereas Patricia says: “He has proved many instances that making or shedding cash isn’t that vital to him. He sees a a lot larger image. Thanks Elon.”
One other reader prompt: “You’ll be able to anticipate even the unattainable with Musk in management…”
However reader Michael thinks Musk is a: “megalomaniac, man-child with no filter.”
I’m curious to know what YOU imagine.
Is Elon Musk a hero? A villain? Or one thing in between?
Let me know your ideas in an electronic mail to dailydisruptor@banyanhill.com.
And I’ll let you realize what the consensus is in a future subject.
Regards,
Ian King
Chief Strategist, Banyan Hill Publishing