Trump’s victory will benefit Elon Musk and xAI
venturebeatDisclaimer: I voted for Kamala Harris in the 2024 presidential election and stand by my choice.
Republican politician and businessman Donald J. Trump has won the 2024 U.S. presidential election in a strong political comeback, despite various pre-election polls showing him neck-and-neck with his opponent Kamala Harris (the current and now outgoing Vice President, a Democrat).
As many who follow the news know all too well, one of his most outspoken allies in this election was none other six-company owner/operator and technology multibillionaire Elon Musk, who committed tens of millions in funding to a political action committee advocating Trump’s re-election.
All of Musk’s technology companies stand to benefit from Trump’s return to office
Musk owns or operates the following companies, all of which stand to benefit from Trump retaking power:
- Tesla Motors: Though Trump has pledged not to enforce electric ...
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