Elon Musk

2024 - 11 - 6

When Elon Musk Bet on Trump – And Won Big!

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Elon Musk's super PAC declares Trump the victor of the 2024 election – but what does this mean for the tech titan and his ambitions?

In a shocking announcement that's stirring the political pot, Elon Musk's super PAC, America PAC, declared Donald Trump the winner of the 2024 election in a late-night post on his social media platform, X. This unexpected proclamation came just after Trump celebrated his victory, dubbing Musk a 'new star' in the political sphere. With this endorsement, it's clear that the partnership between the billionaire tech mogul and the former president is set to evolve, especially with Musk hinting at his plans to back GOP candidates in the 2026 midterms.

Musk's investment in Trump's campaign has been nothing short of monumental, reportedly eclipsing $100 million. As former President Trump lays the groundwork for his return to the White House, there’s an unprecedented opportunity for Musk to enjoy a lighter regulatory environment for his businesses. With Tesla's shares soaring by 14% following the election results, it's evident that the stock market is reacting positively to the expected influence Musk could wield in a second Trump administration.

As sentiments begin to shift within the Republican Party with Musk now a rising star, an intriguing question arises: What could this means for business leaders and political figures alike? Trump's commendation of Musk as a 'super genius' during his victory speech might further strengthen their alliance. This could also pave the way for additional influence Musk may wield not only in business but within the political landscapes of America, as he seeks to leverage his newly acquired power.

What lies ahead for Musk and his growing political ambitions? Will he be at the helm of major initiatives, or perhaps even a key advisor in the Trump administration? As the political arena grows heated, we can expect some unexpected twists and turns in Musk's journey, paralleling the world of tech and politics. With curiosity peaking, keep an eye on the moves that this dynamic duo will make next. Did you know that during the 2020 elections, Musk was one of the most visible supporters of Trump? This level of visibility has only skyrocketed after the 2024 results, signifying a new chapter both for Musk and for the political landscape.

Additionally, as this story unfolds, it's worth noting that the so-called 'Musk effect' in the stock market suggests that his backing could not only influence political outcomes but also the financial market's reactions. Changes in leadership often lead to shifts in investment strategies, and with Tesla's gains already seen, it's safe to say the stakes are higher than ever for both Musk and his followers. So, grab some popcorn, because this political thriller is just getting started!

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Image courtesy of "Fortune"

Elon Musk's super PAC just declared Trump the winner of the 2024 ... (Fortune)

In a post on Musk's social media platform X at 1:26 a.m. ET, America PAC said "BREAKING: Donald Trump has won the 2024 Election."

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Image courtesy of "The Washington Post"

Elon Musk says Trump win is just the start of his political ambitions (The Washington Post)

Trump called the billionaire a 'new star' during his victory speech and Musk announced plans to push GOP candidates in the 2026 midterms and beyond.

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Image courtesy of "CNNMoney"

Elon Musk bet big on Trump. Here's what he stands to gain — and ... (CNNMoney)

No single business leader did more to support former President Donald Trump's candidacy than Elon Musk. But the billionaire and his business empire face ...

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Image courtesy of "Business Insider"

Elon Musk bet big on Trump getting reelected. This is what he's won. (Business Insider)

Elon Musk will likely benefit from close ties to the president-elect and a lighter regulatory environment.

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Image courtesy of "Newsweek"

How Elon Musk Celebrated Donald Trump's Election Victory (Newsweek)

SpaceX CEO Elon Musk took to his social media platform, X, to celebrate Donald Trump's impending election victory.

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Image courtesy of "USA TODAY"

Elon Musk spent months campaigning for Trump. What's next for ... (USA TODAY)

Donald Trump and Elon Musk formed a tight partnership that may only grow stronger now that the former president is headed back to the White House.

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Image courtesy of "Financial Times"

Elon Musk's gamble on Donald Trump pays off (Financial Times)

Elon Musk's gamble on Donald Trump pays off · Continue reading and get the indispensable White House Watch newsletter for free. · We've got you covered · Explore ...

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Image courtesy of "Fortune"

Trump hails 'new star' Elon Musk after tech titan helps him clinch ... (Fortune)

The Tesla CEO is a rising force in the Republican Party after playing a pivotal role in helping Donald Trump cruise to victory in Tuesday's election.

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Image courtesy of "Forbes"

Trump Calls Elon Musk A 'Super Genius' In Victory Speech: Here's ... (Forbes)

Elon Musk, the world's richest person, spent more than $100 million to get Trump reelected.

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Image courtesy of "BBC News"

What Elon Musk could gain from a Trump presidency (BBC News)

One of the president-elect's most visible supporters, Musk could be given a role in Trump's White House.

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Image courtesy of "The Associated Press"

Tesla shares soar 14% as Trump win sets stage for Elon Musk's ... (The Associated Press)

Shares of Tesla soaring after an election that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in ...

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Image courtesy of "Quartz"

Tesla stock is soaring as Elon Musk looks to benefit from Donald ... (Quartz)

The Tesla CEO is expected to have a role — or at least influence — in a second Trump administration.

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Image courtesy of "Forbes"

Tesla Shares Hit Record—Soaring 12%—And Elon Musk Becomes ... (Forbes)

Trump praised Elon Musk as a “super genius” for his support throughout his campaign.

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Image courtesy of "Barron's"

Elon Musk Is Going to Washington. Why Tesla Stock Is Soaring. (Barron's)

stock soared Wednesday with Republican nominee Donald Trump winning the U.S. presidential election. ... , SpaceX, X, and xAI CEO Elon Musk. Slower U.S. EV sales ...

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Image courtesy of "VentureBeat"

Trump's victory will benefit Elon Musk and xAI (VentureBeat)

Disclaimer: I voted for Kamala Harris in the 2024 presidential election and stand by my choice. Republican politician and businessman Donald J. Trump has won ...

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Image courtesy of "Reuters"

Elon Musk's biggest conflict is with Donald Trump (Reuters)

Elon Musk has arrived. Shares of his electric car-maker Tesla added roughly $100 billion in value when markets opened Wednesday following Donald Trump's ...

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Image courtesy of "The Guardian"

How Trump's 'new star' Elon Musk stands to benefit from his ... (The Guardian)

There are already signs of a return on the Tesla chief's political investment, and there could be more to come.

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Image courtesy of "Axios"

Trump won, but Elon Musk may be the bigger winner (Axios)

Trump won, but Elon Musk may be the bigger winner · He wanted a Trump win — and got it, after spending more than $130 million on the race, according to CFRA ...

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Image courtesy of "The New York Times"

Trump's Victory Is a Major Win for Elon Musk and Big-Money Politics (The New York Times)

The candidate largely let the billionaire run his $175 million ground game — a gamble that future candidates could look to emulate.

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Image courtesy of "Mother Jones"

Elon Musk just became one of the most powerful men in the world (Mother Jones)

Truth-telling independent media is one remaining bulwark against Trump's unrestrained exercise of power. He rails against the press as the “enemy of the people, ...

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Image courtesy of "Space.com"

'What's Starlink?' Trump talks Elon Musk, Starship and SpaceX in ... (Space.com)

President-elect Donald Trump had high words of praise for Elon Musk and SpaceX during his election night victory speech, mentioning twice that he did not ...

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Image courtesy of "CNNMoney"

Trump's win made Elon Musk $15 billion richer | CNN Business (CNNMoney)

Tesla shares surged on Donald Trump's presidential victory, increasing the net worth of the world's richest man.

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Image courtesy of "Reuters"

How Musk's clout with Trump could enrich his companies (Reuters)

Elon Musk's backing of Donald Trump's decisive victory for a second presidency puts the billionaire entrepreneur in an extraordinary position of influence ...

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Image courtesy of "Snopes.com"

Elon Musk Plans To Buy Disney World? (Snopes.com)

Snopes has addressed similar claims from Mouse Trap News in the past, including an assertion in May 2023 about Musk's potential park purchase.

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Image courtesy of "Fortune"

How Elon Musk's $130 million investment in Trump's victory could ... (Fortune)

Elon Musk at a campaign rally for Donald Trump earlier this month. Jabin Botsford/The Washington Post via Getty Images. Donald Trump's election ...

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Image courtesy of "CNN"

How Elon Musk could influence Trump's second term | CNN Politics (CNN)

Billionaire Elon Musk went all-in supporting Donald Trump's campaign. What will he ask for in return? And how will his influence be felt in the second Trump ...

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Image courtesy of "New York Times en Español"

La victoria de Trump es un triunfo para Elon Musk y la política de los ... (New York Times en Español)

En la estridente reunión de la noche electoral del martes, Elon Musk se sentó a dos asientos de Donald Trump, dispuesto a atribuirse mucho del mérito de su ...

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Image courtesy of "CNN"

Elon Musk apostó fuerte por Trump. Esto es lo que ganará (y ... (CNN)

(CNN) – Ningún líder empresarial hizo más por apoyar la candidatura del expresidente Donald Trump que Elon Musk. Pero el multimillonario y su imperio ...

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Image courtesy of "Forbes"

Here's What Elon Musk May Do In A Trump Administration (Forbes)

With Donald Trump's presidency win, the stage is set for one of his most prolific backers—the world's wealthiest person, Elon Musk—to wield his newfound ...

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Image courtesy of "ABC7 Los Angeles"

Elon Musk bet big on Trump. Here's what he stands to gain - and ... (ABC7 Los Angeles)

Elon Musk and his business empire face both positives and negatives after Trump won back the presidency in Tuesday's election.

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Image courtesy of "NBC4 Washington"

Elon Musk, Cardi B and more stars react to Donald Trump, Kamala ... (NBC4 Washington)

After Donald Trump won the U.S. Presidential Election over Kamala Harris, stars like Elon Musk, Joe Rogan, Cardi B and more weighed in on the outcome.

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